Requested from a Lender & a number of Master Brokers who us them as their products have Flexible Drawdown options on 2nd charge loans. This would really benefit brokers sourcing for 2nd change loans who clients do not want all the money stright away and would benefit from the flexible drawdown option which would only bring up lenders who offer this option.
Could this be used to maybe replace the Offset Mortgage preference for example in Loans SOURCE if that is not used?