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Lifeboat goes live with Momentum software system

Lifeboat Financial Group has launched its advanced software system Momentum to its new mortgage network, Lifeboat Mortgage Solutions. All members of the network will use the Momentum Sales system provided to them by Crystal Software Solutions.

The system supports the complete sales process including fact-finds, illustrations, recommendations, applications, electronic submission and case tracking. The system also allows compliance to review cases from anywhere.

The system has been developed to support the pending mortgage and general Insurance regulations. On October 31st, Momentum will produce the Initial Disclosure Document and Mortgage Record of Suitability.

Momentum is fully integrated with Trigold and Mortgage Brain, allowing the user to elect their preferred mortgage sourcing tool.

Brian George, managing director of Lifeboat Solutions, says: “We believe the system we have implemented is the most functional, easy to use system in the marketplace and will be a significant element in our attractive package on offer to brokers wishing to join our new network.”

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