OMS Integrates with Interbridge Mortgages for Seamless Second Charge Lending

One Mortgage System (OMS), a leading processing platform for intermediaries, has announced a full application programming interface (API) integration with Interbridge Mortgages, a new second charge lender. This integration enables OMS users to access Interbridge Mortgages’ technology, facilitating rapid lending decisions.

Streamlining the Lending Process

The integration allows for two-way communication, eliminating the need for rekeying data. This streamlined process enables brokers to provide tailored solutions to their clients, including dynamic pricing and a Flex product range.

A Strong Start to 2024 for Second Charge Mortgages

According to the latest Finance & Leasing Association figures, the second charge mortgage sector has enjoyed a strong start to 2024, with 8,064 new second charge mortgages arranged, valued at £379m. The launch of Interbridge Mortgages, with its tech-focused approach, is expected to further bolster this important sector.

Benefits for Brokers and Clients

Neal Jannels, managing director of One Mortgage System (OMS), commented: “This integration will provide OMS users with streamlined processes and full access to an innovative product range, helping a growing number of people across the UK for whom a second charge option is the right financial solution.”

Jonny Jones, CEO at Interbridge Mortgages, added: “Our tech-led approach aims to add meaningful benefits, saving time and effort, and creating more certainty. We are delighted to have launched with OMS to create a solution for our broker partners that delivers this.”

Streamlining the lending process

The Future of Second Charge Lending

The integration of OMS and Interbridge Mortgages marks a significant step forward in the second charge lending market. With the sector expected to continue growing, this partnership is poised to play a key role in shaping the future of second charge lending.

The future of second charge lending