Bridging lender, Link Lending, has chosen Phoebus Software to supply its loan origination and servicing platform.

Phoebus, an experienced systems developer for the financial services industry, has produced a bespoke version of its software suitable for Link Lending’s bridging loan process. Further developments including online case tracking, decisions in principle and key facts illustrations are in the pipeline.

John Maclean, managing director of Link Lending, said: “We are among the first few bridging lenders to adopt a fully automated online approach and we believe it will offer the time and cost saving benefits to bridging loan introducers that they have come to expect from lenders supplying long term mortgage loans.”


Source : http://www.mortgagesolutions-online.com