OMS integrates UK Credit Ratings into live platform

 

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for mortgage intermediaries, has integrated UK Credit Ratings into its live platform.

 

The integration of UK Credit Ratings will enable OMS users to offer clients access to an online tool which incorporates a full, live updated credit report and score which contains exactly the same information that lenders see.

 

In terms of intermediary benefits, this will result in clients being better positioned to understand the importance of their credit rating and improve it where possible. This will result in a higher application to completion rate and less administrative burdens for intermediary firms with client data safely secured within the system.

 

OMS was the first system to develop a full two-way DIP integration with specialist lenders. It offers AVMs, customisable workflows, drag and drop document facility, and gives its users access to documentation and application forms for over 28 different lenders without the need to rekey any additional data.

 

Neal Jannels, Managing Director of One Mortgage System (OMS), commented:

 

“In the modern mortgage market, it’s imperative that intermediary firms of all shapes and sizes try to streamline and improve the mortgage journey for their clients and their own business where possible. 

 

“Technology is an obvious source of support and there are a range of online tools to enhance this process. OMS’ integration with UK Credit Ratings allows advisers to offer additional value by enabling clients to have a clearer picture of their current financial footprint and arms advisers with more information to source the right type of solution to meet their borrowing requirements. Transparency and education are key to a long-standing client/adviser relationship and we look forward to working with UK Credit Ratings to better service the ever-changing needs of OMS users and their clients.”

 

Cody Silvester, Commercial Director at UK Credit Ratings, added:

 

“We are excited to have our credit solution integrated in the OMS platform. Both companies share a vision to improve the mortgage customer journey and broker client retention, and we're delighted that OMS has identified UK Credit Ratings to be a key partner in achieving these aims. Our bespoke integration will help all consumers to achieve maximum leverage from their financial footprint during an OMS application, and we're looking forward to working closely with OMS to further develop our respective offerings to the mortgage market. "

 


To register for a free trial, brokers should visit www.onemortgagesystem.co.uk