Mortgage Hub is a digital by design mortgage origination platform, designed to reduce processing from days to hours.
The current mortgage origination process is traditionally under-served and lacks investment, with actors in the process becoming content with it being a necessary evil to obtain a mortgage, where the broker, lender and solicitor often wear the pain to get from application to completion. Processes built on top of processes, restricted by legacy systems.
To create a white-label solution with the Mortgage Hub team, which would evolve the antiquated mortgage origination processes, and leverage new tools and technologies to help accelerate the application time for borrowers and lenders. By creating dedicated portals for lenders and brokers, we could integrate and highlight data for each party, to help achieve quicker quotes for customers.
Proving the design and interface allowed the business to secure the initial corporate contract for their white label solution, and register interest from multiple mortgage lenders with a view of implementation.
Timeline reduction in receiving a DIP from application
Fewer user errors inputting, validating and completing the application