Masthaven launches new mortgage origination platform for specialist lending

Masthaven Finance has announced the launch of Originate, a new mortgage origination platform.

Developed in strategic partnership with Optalitix, the platform is designed to streamline the submission and decision process for brokers operating in the specialist mortgage market.

Powered by an integrated decision engine from LendingMetrics, Originate allows Masthaven to fully automate its decision in principle and application process - delivering faster and more accurate lending decisions. 

Following a six-month pilot programme with a selected group of brokers, the platform has been refined based on invaluable market feedback before its wider rollout.

Despite the automation, Masthaven has confirmed that no case will automatically be declined. Every submission will be reviewed by a real person, and referrals remain welcome for cases that fall outside of standard criteria.

Shelley Stern, director of mortgages at Masthaven Finance, commented: “We are delighted to be deploying Originate, powered by Optalitix, to our broker partners. Through an enhanced decision engine, powered by LendingMetrics, the portal will enhance outcomes for brokers and customers and will improve efficiencies internally, allowing our team to focus on providing outstanding service to our broker partners. The system launch enables us to deliver our wider strategic plans and further support the intermediary market”

Matt Tristram, co-founder and director at Loans Warehouse, added: “We’re really pleased to see the launch of Masthaven’s new portal, which represents a significant step forward in how cases are managed and progressed. The introduction of product auto-decisioning across the full range is another major improvement, providing quicker clarity and allowing us to place business with greater confidence. It also gives a much clearer overall view of each case, making it easier to track progress and manage pipelines effectively.”