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Commercial First system to offer online DIPs

Commercial First has unveiled a system that allows brokers to calculate affordability, get quotes, track cases and get decisions in principle online.

The cfirst system requires brokers to answer nine questions to select the right product for them. The term and repayment options can be varied to get different quotes.

The system then produces Key Facts Illustrations or Commercial First illustrations and also provides an audit trail of advice.

cfirst incorporates a fully integrated Equifax credit search, which provides instant approvals in principle, submission checklists and pre-populated application forms.

Stephen Johnson, sales and marketing director at Commercial First, says: “The cfirst system is revolutionary and delivers the latest technology to the industry.”

Mike Straight, director of Mustard Commercial Finance, says: “The ability to do full credit-searched DIPs is great and will stop us getting into problems later.”


Nemo rewards loyal clients

Nemo Personal Finance is launching a loyalty scheme called Quarterback. Clients who take out secured loans over a period of 10 years or more will get 25% of the interest back.

My Mortgage Direct to launch Portuguese deal

Real estate agent Noscasa and mortgage broker My Mortgage Direct have teamed up to launch a deal for home buyers looking in buy property in Cape VerdeThe former Portuguese colony – once a parched slave trading post – is now tempting property investors from all over the world with caiprinias and Creole cuisine. Cath Hearnden, […]

TML developing 50-year term mortgage

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Builders to bid for eco-village pilot

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Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


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