MCI Mortgage Club adds United Trust Bank to its lender panel


The MCI Mortgage Club has added specialist lender United Trust Bank to its panel.

United Trust Bank lends on first and second mortgages up to £ 500,000 and will accommodate non-preferred clients and non-standard construction property types.

The bank has flexible criteria for salaried and self-employed clients and does not establish a credit score.

Last August, the lender launched a Secure Chat Hub app that allows brokers and clients to securely communicate with the bank when applying for a mortgage.

The app performs comprehensive security checks using facial recognition for identity verification, it can upload documents, and accepts electronic signatures.

Melanie Spencer, Director of the MCI Mortgage Club, says, “MCI and UTB share a passion for technology, which is at the heart of both of our businesses. Our CRM [customer relationship management] The digital mortgage system and platform include full integrations with third-party partners to cover the entire mortgage journey and were built by our sister company eKeeper. “

The Bristol-based club manager adds: “The partnership with UTB extends our reach to the second load and gives our members more choices for specialty mortgages, including residential, bridging and development financing. “

Mike Walters, United Trust Bank Sales Manager – Real Estate Intermediaries, adds, “We provide first and second mortgage loans to a variety of clients in all kinds of circumstances and for a wide variety of uses. Because our decisions are not driven by credit scores and because we understand quirky property types, we can often deal with cases that many lenders would not consider.

“Our investment in technology has allowed brokers and their clients to communicate and do business with us quickly and securely. Our online decision in principle guarantees everyone a fast, smooth and successful journey from application to completion. “

In March, United Trust Bank launched a range of mortgage loans for first-time buyers aimed at “underserved customers”.

The specialist lender says the products range from a loan of up to 80% to value and have a loan size of up to £ 500,000, with a minimum property value of £ 100,000.

Last November, the MCI Mortgage Club added the Buckinghamshire Building Society to its panel.

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