OMS partners with The Mortgage Lender

OMS partners with The Mortgage Lender

One Mortgage System (OMS) has partnered with The Mortgage Lender to offer its users wider access to specialist lending, including products for borrowers with impaired credit and buy-to-let investors.

The integration will allow OMS users to submit a full decision-in-principle with The Mortgage Lender online without the need to rekey data.  

An OMS spokesperson said the partnership was intended to allow users of the system gain "faster and simpler" access to The Mortgage Lender’s product range.

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The OMS provides brokers with automated valuation models, changeable workflows and access to documentation and application forms for its integrated lenders.

Neal Jannels, managing director of One Mortgage System, said he felt The Mortgage Lender had a "distinct presence" within the specialist lending marketplace.

He said: "It is doing a great job in relaying the message that ‘special’ really is the new normal, or real life lending, when it comes to freelancers, the self-employed and for those with slightly more complicated circumstances.

"It is great to be working so closely with TML and the ever-growing OMS user-base will greatly benefit from the addition of its competitive, flexible products and excellent service values"

Last month, OMS integrated with specialist lender Kensington Mortgages as part of its move to establish itself as a "leading innovator" within the tech space

Mr Jannels added: "OMS has quickly become an integral addition to the working lives of lenders, distributors and intermediary firms of all shapes and sizes, and we are not resting on our laurels."

Mr Jannels added several further announcements were in the pipeline.

Peter Beaumont, deputy chief executive at The Mortgage Lender, said: "We’re delighted our products are now available on the OMS platform.

"Partnering with OMS gives more brokers streamlined access to our products and underwriting enabling them to improve their service levels and find lending solutions tailored to their customers’ real-life circumstances."