Rate Shock analysis capability available on ALL NEW MortgageBrain

Mortgage Brain, the multi-award winning mortgage technology solutions provider, has developed and launched a unique Rate Shock analysis capability to enable brokers to instantly identify the effect of rate increases.

The new development is in line with the FCA’s MMR affordability guidelines, encompassing the potential ‘1% rate rise effect’ scenario, and sees Mortgage Brain become the first sourcing system provider to offer this service.

Available on the latest version of ALL NEW MortgageBrain, the new Rate Shock analysis capability features a warning triangle to indicate that the borrower may not be able to afford a mortgage if rates rise by up to 3% in the next five years for every selected mortgage product

Click here to read more.

The Key – your back office compliance solution

  The need to ensure your compliance is top notch with MMR on the horizon is greater than ever.

1000s of Advisers have already turned to ‘the Key‘ to manage their business, ensuring compliance backed up by a full audit trail. With the encrypted online backup, they know they are completely covered.

Call our Sales Support team on 0871 384 0194 or Chris Brown on 07876 717912 for more information or download ‘the Key’ and take advantage of the 30 Day FREE trial.

 

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