3mc teams up with Promise Solutions
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Mortgage club and packager 3mc has teamed up with Promise Solutions to offer mortgage brokers access to Promise’s secured loans, using its point-of-sale technology.
Doug Hall , owner at 3mc, says: “Our members have already acknowledged that secured loans are an increasingly important product for advisers, and indeed form part of a truly TCF offering, however some were put off by a previous lack of products and a perceived lack of compliance around them.
Hall added “Secured loans were previously viewed as a sideline product, and whilst many clients still have great low SVR deals, many mortgage companies are still taking a dim view of adverse, the self employed and more marginal applications. The need for a secured loan outlet has never been greater”
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