You could use a paper, pencil and calculator or you could let miLoanbroker search the market for the most competitive first and second charge quotes based on your client’s criteria, then compare the price differences and cost savings to gauge whether it’s worth a full remortgage or just a secured loan top-up.
Blisteringly fast second charge loan quotes
with automated product research
Submit your client’s loan application online and on acceptance of the terms, our in-house courier team will get to your client’s house anywhere in mainland UK and back to our offices with the signed and completed paperwork within 3 working days. That’s quick.
Get the research you need for your file free of charge and in double quick time. Our system will send you an automated reports detailing a range of second charge loans, and cost compare them with remortgages so that you can make the correct product judgement for you client. It’s just what you’ve been looking for.
miloanbroker is the online sourcing system of SMG, the UK’s largest mortgage group. You’ll be able to relax knowing that your business is in the hands of experts who know and understand how to effectively convert your client’s application into the finance product they are looking for.
miLoanbroker is optimised to run across all browsers and on mobile, so you’ll be able to get second charge loan quotes last thing at night for the client you’re seeing first thing in the morning.
The latest update of SMG’s sourcing system is now available to all of our introducing brokers. Get instant quotes and automated product research for your file.
Applications on miLoanbroker are processed by…
secured loan quotes generated
Get accurate loan quotes for your clients in just a few seconds. Answer only the most relevant questions required to identify which products your clients qualify for in principle.
miLoanbroker is free to use and has no minimum monthly volume requirements. You can submit cases to the team with or without logging in.
End to end product support whenever you need it from your Personal Broker Manager. Get in touch via the web, email or by phone.
Commission is paid by BACS within 24 hours of the loan completing. The average commission paid per case is £1500.
Compare quotes from the UK’s leading lenders against alternative remortgage options. miLoan then tells you how much money your client could save.
We will automatically send you a product suitability report which you can email to your client, or print for your file.