As a new name in the industry, you may be hearing and seeing more and more about MPowered Mortgages –but whoare they and what do they do differently?
MPowered Mortgages claim to be the UK’s first lender using artificial intelligence (AI) and a machine learning led system whose aim it is to compete with major High Street mortgage lenders both in products and turnaround times. Previously only taking Buy to Let applications, MPowered is now focusing on the residential market with a full suite of products, competitive interest rates and swift underwriting times. Mortgages from this lender are only available through a limited distribution network of brokers, of which NHMH are one and are funded by a number of investors including Barclays,M&G Investments and Citigroup’s SPRINT business.
Spotlight On: MPowered Mortgages . 18th August 2023