The major brokerage has announced that it has relaunched its Go Edge white label product, through which brokers have direct access to credit managers and the scenarios team.
Loan Market has relaunched its white label Go Edge product, which it said is digitally enhanced.
According to the major brokerage, brokers can collect customer identification information with their smartphones and process documents through digital “sign-and-send” features when using the white label product.
The product – which is backed by Advantedge Financial Services (part of National Australia Bank) – also includes “one-touch” approvals, which the brokerage said would comply with its compliance and customer service process.
Under the product, brokers are provided with direct access to credit managers and the scenarios team, according to the brokerage.
Loan Market executive director Andrea McNaughton said that the white label product has been relaunched at a time when lender turnaround times have been an issue for brokers and their customers in a competitive real estate market.
She said: “Go Edge will only ever represent a small portion in our brokers’ lending spreads. But Go Edge offers our brokers another reliable product to help service their customers.”
[Related: Loan Market monthly lodgements top $3bn]
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