Loan Market relaunches white label offering faster turnaround times.
Award-winning aggregator Loan Market has relaunched its digitally-enhanced white-label product, offering brokers another customer-focused solution amidst extended turnaround times and surging borrower enquiry.
The white label Go Edge product assists Loan Market’s brokers and its Bring Your Own Brand customers via quicker unconditional approvals and faster refinancing.
In keeping with Loan Market’s commitment to support a network of ‘paperless offices’, brokers can collect customer identification information with their smartphones, and process documents through digital ‘sign-and-send’ features.
The product has been relaunched at a time when it’s delivered certainty of turnaround for borrowers in a highly competitive real estate market. Go Edge will also heighten ‘one-touch’ approvals which comply with the aggregator’s industry leading compliance and customer service process, The Loan Market Way.
According to Loan Market figures, settlements of the aggregator’s white label product increased 35.3% over the March quarter compared to the previous three months.
“Go Edge will only ever represent a small portion in our brokers’ lender spreads. But Go Edge offers our brokers another, reliable product to help service their customers,” said Loan Market Executive Director Andrea McNaughton.
“At a time when customers are seeking certainty and quick service, this is another option for our brokers.”
Under Go Edge, brokers benefit from direct access to Credit Managers and the Scenarios Team for added support.