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SOURCE Ideas
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Status Already exists
Created by Guest
Created on May 6, 2022

Regulated and Unregulated options within Bridging Sources

Hi, would it be possible to consider regulated and unregulated sourcing filter for when a broker is selecting a bridging loan search. This has been feedback provided by the likes of Glenhawk, Roma and Futurebricks and it it would also make INSIGHT data more accurate for these lenders (added to INSIGHT AHA too.

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    Jorge Monte
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    May 10, 2022

    In Loan Source wen selecting 'Bridging' as the Mortgage Type there is a field in the Bridging Loan Details titled: Will property be occupied by client or family member?

    This Feld will act/ determine if the case is regulated or unregulated. By selecting 'Yes' the sourcing logic will filter this as regulated and the products returned will be on that basis.

    By selecting 'No' the sourcing logic will filter this as unregulated and the products returned will be on that basis.

    When no selection is offered the sourcing will ignore that logic and retune product of their availability for this element of the criteria.