"There is a real air of excitement about the gateway’s capabilities and the obvious benefits it will bring to the adviser and lender community."
Seven of the initial nine lenders who have agreed to accept digital applications via the gateway are: Accord Mortgages, Barclays, Coventry for Intermediaries, Furness Building Society, NatWest, Nationwide and The Mortgage Works.
Lendex will provide direct access to lenders, securing DIPs direct from lenders in less than 30 seconds and allowing users to digitally complete, submit, administer and track full mortgage applications.
Through Lendex, Mortgage Brain will also offer APIs to the wider market on behalf of participating lenders.
Mark Lofthouse, CEO of Mortgage Brain, commented: “The commitment and support we’ve received since the launch of Lendex was announced has been fantastic.
“There is a real air of excitement about the gateway’s capabilities and the obvious benefits it will bring to the adviser and lender community. Lendex has been wholeheartedly embraced by the mortgage industry and we are delighted to confirm the first wave of lenders to go live on the new platform.”
