Melton teams up with Promise for secured loans
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Mortgage packager Melton Intermediary Services has teamed up with Promise Solutions and is offering its loan sourcing and packaging services to its members.
Katy Rudkin, manager at Melton Intermediary Services, says: “MIS was keen to respond to member requests and help them further enhance their secured loan offering.
“We were tremendously impressed by the sophistication of Promise’s technology and the level of services provided. Our brokers will benefit from the many unique features available including live case tracking which is something they have asked for. We are delighted with the entire loan proposition and the support Promise has provided.”
Steve Walker, managing director of Promise, says: “We are sure that MIS members will be enthusiastic about the loan sourcing and sales platform and, for those brokers who prefer a more traditional approach, Promise is also happy to take enquiries by phone or fax. Because of the control we can give brokers, they can also ensure that their commissions are totally transparent and the best available.
He adds: “The loan market has enjoyed a shot in the arm recently with significant product enhancements from Nemo and Link which has resulted in higher LTV’s, larger advances and lower interest rates, all of which result in more loans being placed. Competition and confidence is beginning to return to the market and intermediaries, and their clients, are well set to benefit.”
