Fluent: New sourcing systems vital for secured loan popularity

Fluent for Advisers says the next generation of sourcing systems will be invaluable in popularising secured loans among the intermediary community.

Tim Wheeldon (pictured), chief operating officer at Fluent, said: “Mortgage Brain’s new sourcing engine is very impressive.

“Sourcing facilities like this will go a long way to helping demystify secured loans and give brokers the confidence to be more proactive in looking seriously at where a secured loan is actually better for the client.

“Savvy brokers though will, as they do with first charge mortgages, still want to engage with a human expert to ensure they have the best deal for the client before a full application is made.

“However, the new breed of sourcing engine will become a fantastic additional helpmate in bringing more brokers round to the advantages of secured loans for capital raising clients.”

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