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Mortgage Choice expands Quickli integration for brokers

7 minute read
Nicole Devine

Brokers at the major brokerage will now be able to transfer data from Quickli into Mortgage Choice’s loan writing system.

Mortgage Choice has expanded its integration with Quickli in its proprietary loan origination system, Broker Platform.

Brokers at the major brokerage can now import data from Quickli directly, reducing manual data entry in a bid to deliver faster, more efficient service to their clients.

REA Group-owned Mortgage Choice claimed the expanded integration marked an industry first, stating it was the first aggregator to let brokers choose which data to import from a Quickli scenario directly into their origination system.

 
 

The move builds on the brokerage’s October 2024 integration, which let Mortgage Choice brokers initiate Quickli scenarios directly from Broker Platform.

Commenting on the latest tie-in, Nicole Devine, executive general manager for product in REA Group’s financial services business, said: “We are proud to bring this industry-first integration to Mortgage Choice brokers. It’s an exciting next step that will put more time back in brokers’ hands.

“Most of our brokers use Quickli as part of their initial conversations with their customer, so giving them access to the tool directly through our Broker Platform, eliminates repetitive data entry. Leveraging third-party providers like Quickli means we can improve the home loan journey for brokers and their customers.”

Angus Keatinge, Quickli co-founder and Co-CEO, said: “We're excited to see Mortgage Choice leading the way in broker efficiency through this integration.

“While brokers will continue to use their Quickli subscriptions for serviceability calculations across 50-plus lenders, this data transfer capability eliminates the frustration of re-entering client information. It's exactly the kind of innovation that puts time back in brokers' hands to focus on what they do best - serving their clients.”

Mortgage Choice eyes AI tech

The update is the latest change made to Mortgage Choice's loan writing platform this year, after the aggregator partnered with technology provider NextGen to give brokers access to NextGen’s open banking tool.

The tie-in provided brokers with access to AI-powered insights through the integration of NextGen’s Frollo Financial Passport with Broker Platform.

Mortgage Choice is increasingly exploring AI amid growing uptake in the market.

In April, Mortgage Choice gave its brokers access to Google’s Gemini AI tool, which is integrated into the Google Suite used by its network.

Commenting on the company’s use of Google Gemini, Devine said: “Gemini has been hugely empowering for our brokers’ businesses, supporting them with everything from capturing meeting notes to creating detailed summaries of complex information.”

Devine last week teased more AI-related improvements planned for its systems later i the financial year.

Several other brokerages are also testing AI in their networks, with both Loan Market and Aussie having announced major AI initiatives in the past few months.

[Related: Mortgage Choice turns on open banking]

nicole devine

Will Paige

AUTHOR

Will Paige is a senior journalist at mortgage broking title, The Adviser.

He writes news and features about the Australian broking industry and property market, reporting on regulation, lending trends, banking and emerging technology.

Before joining The Adviser in 2024, Will covered M&A and debt financing news at London-based publication TMT Finance. He has previously written about business and finance news for a variety of media brands including Insider Intelligence, The Sunday Times Fast Track and Alliance News. 

Contact Will at: william.paige@momentummedia.com.au.

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