Finova Broker Payments Collaborates with MBT to Enhance Broker Services
Finova Broker Payments, a division of Finova that specializes in mortgage clubs with competitive procuration fees and value-added services, has announced a strategic partnership with Mortgage Broker Tools (MBT). This platform is pivotal for affordability and criteria research within the residential and buy-to-let mortgage sectors.
Exclusive Discounts for Brokers
Through this partnership, members of Finova Broker Payments will gain exclusive access to MBT at a 20% discount. This initiative is designed to empower brokers, enhancing their research capabilities while minimizing operational expenses.
MBT: A Trusted Resource for Brokers
MBT boasts a user base of over 5,500 brokers across the UK, providing essential features such as real-time affordability calculations and detailed criteria searches. The platform facilitates product comparisons across residential and buy-to-let lenders, enabling advisors to match clients with suitable options effectively. This approach not only enhances submission quality but also reduces the chances of application rejections.
Advancing Technology-Driven Solutions
Finova Broker Payments emphasizes that this collaboration aligns with its broader strategy to equip brokers with technology-driven solutions. These solutions aim to improve client outcomes, streamline everyday operations, and foster sustainable business growth in a competitive market.
Insights from Finova’s Leadership
Matthew Harrison, Customer Success Director at Finova Broker Payments, stated that integrating MBT into their comprehensive broker support system has significantly augmented the value offered to members. He noted that this combination of robust lender relationships and practical tools is designed to enhance brokers’ daily operations.
Enhancing Efficiency for Brokers
Harrison emphasized the importance of providing tools that genuinely enhance efficiency and confidence during client interactions. He expressed that the partnership with MBT ensures that brokers can leverage powerful research capabilities at a more manageable cost, thereby increasing their potential for success.
MBT’s Commitment to Supporting Brokers
Tanya Toumadj, Managing Director of Mortgage Broker Tools, expressed enthusiasm about the partnership with Finova Broker Payments. She highlighted the importance of providing brokers with precise, real-time research tools in today’s intricate lending landscape. This collaboration is expected to extend the benefits of these capabilities to a broader audience of advisers, strengthening their operational effectiveness.