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.”