Finova, the UK’s largest cloud-based mortgage and savings software provider, has announced the rollout of its Apprivo mortgage originations platform at Suffolk Building Society.
This integration is part of Suffolk Building Society’s strategic push to advance its digital mortgage origination offerings across various loan types including residential, expat, buy-to-let, and self-build mortgages.
Suffolk Building Society chose Finova’s Apprivo platform to improve the broker and lender experience, making the mortgage process smoother and faster.
After a successful trial phase for residential mortgages last year, which included a period of quality assurance informed by user feedback, the platform is now being extended to more brokers, with plans to include all of the Society’s products in the near future.
Richard Marsh, chief operating officer at Finova, expressed enthusiasm about the partnership: “It’s a pleasure to partner with Suffolk Building Society, one of the most respected and innovative lenders in the market.
“Apprivo will deliver a cutting-edge experience for Suffolk Building Society’s intermediary clients while streamlining operational efficiencies.
“We are looking forward to building on this success with Suffolk Building Society, offering a quality service to brokers and end customers alike.”
Rebecca Newman, chief operating officer at Suffolk Building Society, also commented on the rollout: “Finova is a well-established innovator in mortgage technology. Apprivo is an exciting product which will support our core lending offering and allow the Society to grow and maximise efficiencies.
“The initial trial launch was a success, and we are keen to build on this momentum so that our broker partners can benefit from its top-flight case management dashboards and risk assessment hubs.
“This partnership will ensure Suffolk Building Society continues to deliver a fantastic service in the years to come.”