Pepper Money has launched introducing a paperless application journey for second charge mortgages.
The adjustments are a response to suggestions from clients and companions, serving to to streamline the process for a smoother application expertise.
Customers have been beforehand required to print, full, signal, and return an Application Form and I&E upon submission which created delays within the application journey.
To velocity issues up and make issues easier for patrons, Pepper have changed the application type and earnings and expenditure type with a brand new application abstract and application declaration with clients not required to signal and return any paperwork prior to supply.
E-signatures
These enhancements observe on from the latest introductions of e-signatures at provide stage and payout earlier than consent.
Commenting on the adjustments Pepper Money second charge gross sales director Ryan McGrath mentioned:
“These enhancements are designed to make the process as easy and stress-free as potential. By decreasing the quantity of paperwork and automating key steps, we will present a extra environment friendly and user-friendly expertise.
He added: “For brokers, upon getting accomplished the web application, there’s nothing so that you can do. After an preliminary cellphone name, so long as we maintain your clients’ e-mail addresses and phone numbers, they’ll routinely be despatched every little thing they want securely through DocuSign.