Specialist bank Masthaven has developed an Application Programming Interface (API) connection via a partnership with master broker Specialist Mortgage Group (SMG). The bank’s API is now connected with SMG’s Lenderlink application platform so that its second charge products will be included in SMG’s application funnel at a DIP level. Jon Hall, managing director at Masthaven, said: “APIs are promising to completely transform the mortgage industry and we are already seeing the positive impact of these through the likes of auto-filling technology and real-time case tracking.” Matt Cottle, project director, Lenderlink and chief executive officer, Specialist Mortgage Group, said: “It’s great to see the power of APIs really starting to make a difference in the market and we look forward to seeing more of these capabilities utilised in due course.”
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