Orbiter launches mortgage and loan sourcing system

Online sourcing and compliance system Oribter, is allowing advisers to source mortgages deals against secured loans.

Pete Thomson, sales and marketing director at Orbiter Group, says: “Advisers are used to being able to source mortgages and secured loans, but to be able to compare them to each other is something we are sure is going to prove hugely popular with advisers in the current market.

“This is yet another example of a benefit Orbiter can offer the market as a result of being built using the most up to date technology available.”

Wayne Lee, from north-west based broker Alpha Money, says: “Mortgages have been incredibly difficult to obtain for many clients after the turmoil in the mortgage market, and this had led to secured loans becoming an increasingly popular option.

“An online facility that enables mortgages and secured loans to be directly compared is a really useful feature of the Orbiter system and something that can be used very effectively in face to face discussions with clients.”