Non-bank lender Brighten Home Loans has partnered with technology provider Simpology to provide brokers with a more streamlined loan processing experience.
Lender will adopt Simpology’s Loanapp product in its loan origination platform to give brokerage channel the ability to file applications online, with instant submission and therefore faster response time than before .
Loanapp will also provide brokers with access to communication and workflow tools that can help deepen their communications with clients during the loan application process.
Natalie Sheehan, head of distribution at Brighten Home Loans, told Australian Broker that the partnership will see turnaround times for brokers improve through technology improvements.
“The partnership with Simpology enables Brighten to provide our brokers and their clients with an end-to-end digital application process,” she said.
“Online filing through Simpology saves time, improves data integrity throughout the application process, and integrates other solutions such as DocuSign, Equifax and VOI, reducing the time it takes to have an application verified, evaluated and ultimately approved and settled. “
“The intuitive online interface facilitates better loan submissions, which require less rework. The faster the application and verification process, the faster the approval times. “
The partnership with Simpology is just the latest in a series of technological advancements made by Brighten Home Loans,
“Brighten embraced innovation and technology from the start,” Sheehan explained. “We’re not cluttered with legacy systems and we’re always on the lookout for pioneering fintech companies that consider not only best practices, but rather how things can be done differently to satisfy a lending environment. constantly evolving mortgage. ”
“We are committed to helping more home buyers achieve their goal of homeownership in Australia, while taking into account our goal of creating an environmentally and socially responsible non-bank bank that empowers our customers. clients to aim for a better future for themselves and their families. . “
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