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Non-bank launches loan tracking tool

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James Mitchell 4 minute read

One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers monitor the status of loan applications.

Liberty IQ is the latest innovation from Liberty Financial and can be accessed via any web browser on desktop, mobile or tablet device.

“Our world is rapidly changing and most of this change is driven by technology," Liberty group sales manager John Mohnacheff said. "We believe that tools like Liberty IQ are needed to propel the finance industry into the 21st century.” 

Liberty IQ provides brokers with real-time updates on important "milestones" during the application process through automated SMS.

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The new tool’s "tap and send" function allows brokers to upload documents via their desktop, mobile or tablet device. Liberty IQ can also access and download loan documents, and remind users of any outstanding documents needed.

Mr Mohnacheff said that Liberty IQ also gives brokers access to the lender’s tools, calculators and resources including latest interest rates, introducer guides and FAQs.

“Liberty’s unique product offering has always set it apart, and with the launch of Liberty IQ we’re not only making it easier for our brokers to do their jobs, but we’re providing a tool that makes us stand out even more,” Mr Mohnacheff said, adding that

Liberty confirmed that the new service will soon be available to both commercial and asset finance brokers.

[Related: Virtual Identity]

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Non-bank launches loan tracking tool
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James Mitchell

James Mitchell

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

 

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