Connect Overseas foreign mortgage sourcing system gets thumbs up
Connect Overseas, the international mortgage specialist, which launched its foreign mortgage sourcing system at the end of July, has received positive endorsement from mortgage distributors, SMS and Brilliant Solutions.
The new system, which is unique in providing an online sourcing and fulfillment facility, gives the broker the opportunity to deal directly with the lender if he wants to and receive 100 per cent of the commission or refer the client to Connect to complete the deal.
Ian Balfour, CEO at Solent Mortgage Services (SMS) said: “The new system is excellent. It provides us with a first rate helpmate to assist our introducers with initial enquiries allowing them to provide customers with thoroughly researched options. From that point, an expert from Connect Overseas is on hand to guide any application to a successful conclusion.”
Kevin Thomson, intermediary business director at Brilliant Solutions, commented: “It has already proved to be a fantastic tool to give our brokers an excellent overview of the marketplace. Brokers being asked by clients for information on finance packages for particular countries are very well served and of course it means that the intermediary’s credibility is considerably enhanced.
“I can see brokers wanting to open a new business channel in foreign mortgages subscribing directly to the Connect system because it really offers a lot for the money. Of course, we have plenty of brokers who are only going to come across an overseas lead occasionally and therefore the Connect system is perfect to enable us to give a great service.”