Lender committed to turning around turnaround times

by Julia Corderoy02 Feb 2016
Teachers Mutual Bank has announced an important technology partnership which will help speed up turnaround and approval times for brokers.

From today, the mutual lender will be offering NextGen.Net’s ApplyOnline Supporting Documents service to its accredited brokers.

“Brokers asked for a simplified process and we have delivered,” national manager of third party distribution at Teachers Mutual Bank Mark Middleton said.

“The upgrade will streamline the application process, allowing documents to be uploaded with ease. The result of this will ultimately be faster turnaround and approval times.”

Sales director at NextGen.Net Tony Carn says Teachers Mutual approached them as a part of its ongoing commitment to the broker channel.

“Teachers Mutual Bank's upgrade of ApplyOnline including the launch of the Supporting Documents service shows their ongoing commitment to the third party channel. They are focused on providing best in class technology and the best experience to brokers,” he said.

“ApplyOnline Supporting Docs provides a collaborative tool through which brokers can work with Teachers Mutual Bank to get supporting document requirements right up front. This significantly reduces requests for more information, increasing efficiencies and reducing turnaround times.”