Finsure Group has partnered with Australian esignature company Annature to integrate digital signing into its loan application process.
The move is expected to make applying for loans faster and safer for Finsure’s network of brokers and their clients.
Damien Thompson (pictured above), Finsure’s head of diversified and asset finance, said that incorporating Annature’s technology into Finsure’s Infynity CRM has simplified the document signing process.
“This has made the esigning process as simple as possible for brokers and customers alike,” Thompson said.
“Right now, a Finsure broker can send out the statement of credit assistance (SOCA) and credit quotes to their clients with just the click of a button. The client then applies their digital signature, and the broker receives an automated notification from the platform that the document has been signed.”
Corey Cacic, Annature’s CEO and founder, stressed the critical role of brokers in the Australian lending market, noting that they account for 70% of all home loan applications and highlighting the significance of the third-party space.
“Partnering with Finsure just made sense, as their 3,000-strong network of mortgage brokers readily embrace technology,” Cacic said.
“Since we formally launched the partnership with Finsure in December, we’ve already seen thousands of instances of the Annature esigning solution being utilised. Whilst this has been incredibly pleasing, I believe we’ve only scratched the surface and am excited by what our partnership with Finsure will bring.”
Finsure, which last month announced a partnership with depositor lender OwnHome, posted a 27% increase in settlements through its growing broker network over the 12 months leading up to December.
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