Agent

The product agent finds the mortgages that fit, and rechecks them as new facts arrive.

Finds the mortgage products, the deals on offer, that fit this buyer and this property. It rechecks as new facts arrive, so the broker’s recommendation still fits when the offer is made.

Book a demo Already have one?

Product agent

Checks which products each case qualifies for, and checks again when a fact changes. The case owns the facts. The product agent owns the product rules.

Flat 3, 14 Elm Road

MatchedRecheckingUp to dateMR-10421

Loan£195,000

Price£250,000

LTV78%

Term25 years

LeaseNot known78 years

BrokerEvans & Co

Products that fit

9was 14

Broker and buyer told

ProductResultReasonMonthly

5-year fixed 80%4.50% · fee £999 · recommendedQualifiesCheckingQualifies£1,083.87

5-year fixed 85%4.69% · fee £999QualifiesCheckingFailsNeeds a lease of 85 years or more£1,105.01

Lifetime tracker 85%4.89% · no feeQualifiesCheckingFailsNeeds a lease of 85 years or more£1,127.49

2-year fixed 80%4.29% · fee £999QualifiesCheckingQualifies£1,060.76

5-year fixed 90%4.99% · fee £999QualifiesCheckingQualifies£1,138.81

2-year fixed 75%4.09% · fee £999FailsLoan to value over 75%

Illustrative example.

The goal

No case is declined late because of something that could have been known on day one.

How it works

Products are matched to the case once, then rechecked as each new fact arrives.

Three steps: match, watch, update.

1Match

Every mortgage product is checked against this buyer and property.

Before: Picked by hand, once, from memory of the rules.

Now: The buyer, the property and the loan are matched against every product’s rules.

Shown live: the eligibility check

Back to cataloguesProduct agent

Residential OCT26 catalogue

Live18 products

Eligibility rules12Products18Definitions9Test eligibility3

Test eligibility

Run a case against this catalogue

Property value£250,000.00

Loan amount£195,000.00

Term (years)25

Lease (years left)Not known yet

Run checkCheckingCheckedResetFilled from case MR-10421

!Loan to value78%, against limits from 75% to 90%Waiting4 fail

Age at the end of the term44 + 25 = 69, limit 75WaitingAll pass

Lease lengthNot known yetWaiting5 to watch

Eligible: 14 of 18 products fit5 of them depend on the lease length. They are checked again when it arrives.

2Watch

Each new fact is checked against the product as it arrives.

Before: New facts found late, at offer.

Now: Checked against the matched products the day it arrives.

Shown live: the recheck log

Product agent

Rechecks on MR-10421

1234

Watching 14 productsWatching 9 products

WhenWhat changedResult

Day 1211:05Payslip added for Emma HarrisFrom the broker portalCheckingNo change

Day 914:40Valuation £245,000, LTV now 79.59%From the valuation agentCheckingAll 9 still fit

Day 309:15Lease: 78 years leftFrom the title registerChecking5 removed

Day 110:02Case matchedSubmitted by Evans & Co14 of 18 fit

3Update

If a product stops fitting, everyone is told why and what still fits.

Before: A decline weeks later, with no reason given.

Now: The broker and buyer are told when a product stops fitting.

Shown live: the product rules and the alert

Back to productsCase MR-10421

5-year fixed 85%

QualifiesRecheckingRemoved4.69% · fee £999

Eligibility rules

Run against case MR-10421

RuleThis caseResult

Max LTVLTV ≤ 85%78%WaitingCheckingPass

Min lease leftlease ≥ 85 years78 yearsWaitingCheckingFails

Max age at term endage + term ≤ 7569WaitingCheckingPass

Min property valuevalue ≥ £100,000£250,000WaitingCheckingPass

Products changed on MR-10421

SendingSent

5 products no longer fitThe lease has 78 years left and these products need 85 years or more. 9 products still fit, including the 5-year fixed at 4.50% that was recommended, so nothing else needs to change.

5-year fixed 80%4.50%Recommended

2-year fixed 80%4.29%

5-year fixed 90%4.99%

and 6 more that still fit

Sent toBroker portalCustomer portalUnderwriter

Keep what works

Already have a product search? Keep it. Mortgage Rail connects to it.

Mortgage Rail doesn’t ask you to replace what works. If you already have this part, we connect to it. If you don’t, you can use ours.

If you already have one

Keep your own product search. We recheck it as facts change.

The agent reads your product rules through your system.
Each new fact from Mortgage Rail starts a recheck.

If you don’t have one yet

Or use ours. Load your products and rules once.

Load your products and rules once.
Matches and rechecks run on every case.
A plain-English reason for every product that drops out.

What comes into the product agent, and what goes out.

Comes in

Buyer and loan details from the broker portal
Property facts and valuation findings
The affordability result

Product agent

Matches products to buyer and property
Rechecks when a new fact arrives

Goes out

Products that fit to the broker and customer portal
An alert when a product drops out

The parts

All six parts of Mortgage Rail.

Mortgage Rail connects the systems and databases across the property industry. Each part does one job. Already have one? Keep it. If not, use ours.

Three places where people work

For the lender · where Mortgage Rail startedUnderwriting systemWhere the lender decides. Cases arrive checked, and the underwriter works the exceptions. It runs on top of the lender’s existing systems and replaces none of them.For the brokerBroker portalThe broker submits a case the lender can accept first time, with every document checked on upload.For the buyerCustomer portalThe buyer sees the application, the facts about the home and who is doing what.

Three agents that do the checking

Affordability agentChecks the buyer can afford the loan, re‑running your own spreadsheet when the numbers change.Valuation agentReads the valuer’s report on the property and sends each issue to whoever needs to act.

This pageProduct agentFinds the mortgages that fit and keeps the list right as facts arrive.

The product agent finds the mortgages that fit, and rechecks them as new facts arrive.

Product agent

Flat 3, 14 Elm Road

Products that fit

No case is declined late because of something that could have been known on day one.

Products are matched to the case once, then rechecked as each new fact arrives.

Every mortgage product is checked against this buyer and property.

Residential OCT26 catalogue

Test eligibility

Each new fact is checked against the product as it arrives.

Product agent

Rechecks on MR-10421

If a product stops fitting, everyone is told why and what still fits.

5-year fixed 85%

Eligibility rules

Products changed on MR-10421

Already have a product search? Keep it. Mortgage Rail connects to it.

Keep your own product search. We recheck it as facts change.

Or use ours. Load your products and rules once.

What comes into the product agent, and what goes out.

All six parts of Mortgage Rail.

See the product agent working. Book a demo.

Request a demo

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