We’re excited to announce that we have launched SmartrSuitability, our latest feature, to help you save up to an hour per mortgage application. SmartrSuitability reduces the time needed for both mortgage and protection suitability letters through automation – see how it can make a difference to your business here.

Drafting and populating suitability letters is a time-consuming process for both mortgage brokers and compliance managers. SmartrSuitability minimises the effort required for the process by giving brokers access to letter templates within the Smartr365 platform, whether working in the office or remotely.

Client information is taken from Smartr365’s factfind feature and pre-populated in relevant fields. This removes the need for re-keying, with check boxes at each step to help brokers ensure that all of the necessary information is included.

SmartrSuitability also gives compliance managers more control. They can create fully customisable suitability templates to ensure that letters comply with the latest SEA regulations and prevent brokers using old, non-compliant versions. These can be personalised to suit the requirements of each network, and as many as needed can be stored on the Smartr365 platform. Managers can view active cases and check progress as templates are being filled out with no disturbance to the broker, the client, or the sales process.

Step 1: Create your template.

Step 2: Review your letter for an application.

Step 3: Generate the report!