Spring Finance has partnered with Optalitix and LendingMetrics
Spring Finance has partnered with Optalitix and LendingMetrics to launch a technology-led origination system. Optalitix Originate will provide Spring’s mortgage origination platform while LendingMetrics will provide an integrated decision engine. The collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference agencies, affordability models and other third parties.
Spring Finance announces partnership with Optalitix and LendingMetrics
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a new mortgage origination system. Optalitix Originate will provide Spring’s mortgage origination platform whilst LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference agencies, affordability […]
Spring Finance launches new mortgage origination platform
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a new mortgage origination system. Optalitix Originate will provide Spring’s mortgage origination platform whilst LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference agencies, affordability […]
Spring Finance enlists Optalitix and LendingMetrics for tech-led origination
Specialist mortgage lender Spring Finance has teamed up with software companies Optalitix and LendingMetrics to develop a technology-led origination system. Optalitix Originate will provide Spring Finance’s mortgage origination platform, while LendingMetrics will develop an integrated decision engine. This partnership will allow the lender to fully automate the decision in principle (DIP) and application process. It […]
Spring Finance partners with Optalitix and LendingMetrics to launch origination system
Spring Finance has partnered with Optalitix and LendingMetrics to launch a technology-led origination system. Optalitix Originate will provide Spring Finance’s mortgage origination platform while LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring Finance to fully automate the decision in principle (DIP) and application process, using data from credit reference agencies, affordability models […]
Spring Finance announces partnership collaboration with Optalitix and LendingMetrics
Specialist lender Spring Finance has partnered with Optalitix and LendingMetrics to launch a market leading, technology led origination system. Optalitix Originate will provide Spring’s mortgage origination platform whilst LendingMetrics will provide an integrated decision engine. This collaboration will enable Spring to fully automate the decision in principle and application process, using data from credit reference […]
Why bridging loan terms change: ‘Some lenders underestimated how much work goes into the bridging scene’
It is commonly known that a sudden change in a bridging loan’s terms can halt a borrower’s plans and heighten frustrations among brokers. In a recent LinkedIn post, Elan Property Finance director Shazad Ahmed noted his four main reasons why a lender may ‘change the goalposts’: ‘down valuations’, cost-of-works impacting the LTGDV of a scheme, […]
Spring awarded Highly Commended at B&C Awards
Spring were awarded Highly Commended at yesterday’s B&C Awards in the category of Regulated Bridging Lender of the Year! This category is one of the big ones of the event and to be awarded runner up is a fantastic achievement. There were some big names nominated alongside Spring with the likes of UTB, Precise, MT, […]
Spring Finance releases enhancements to mortgage proposition
Specialist lender Spring Finance (Spring) has announced the release of a 1st charge residential remortgage product following a successful pilot launch in November last year. The product range offers loans up to £100,000 and 75% LTV. The lender has also added an HMO and Airbnb product to its existing 2nd charge BTL product range as well as […]
Mortgage Strategy: Spring Finance launches bridging range in Scotland
Spring Finance has launched its full suite of bridging products in Scotland. The specialist lender says the move is supported by Wilson McKendrick solicitors, “who have a long history of working in the Scottish bridging finance market”. The firm offers several short-term loans, including heavy refurbishment (with drawdowns) and light development deals, ranging from £50,000 […]