Partnership offers deals based on credit history

Brokers are welcoming an alliance between Trigold and Equifax that will allow them to access a host of mortgage products appropriate for their clients\' credit ratings.

Users of Trigold’s Enhanced Non Confirming sourcing module are now offered results based on a client’s credit situation and requirements as well as the lender’s underwriting rules.

The system leaves no footprints, so consumers will be able to shop around for the most suitable product. Credit reports are also available with up to a 20% discount.

Advisers will no longer waste time recommending and applying for mortgage products that inevitably will be refused due to forgotten debts.

Ray Boulger, senior technical manager at John Charcol, says: “Full marks to Trigold, this sounds like an interesting proposition.”

Bill Safran, CEO of Trigold, says: “This is a fantastic partnership that solves the one remaining issue in sourcing sub-prime mortgages. There are few things more frustrating than applying for a prime mortgage, only to have it rejected because of an outstanding debt the customer did not know or disclose and having to start the whole process again.”