Negotiate better rates: use mortgage account details to help your customers
We have added the ability to return more details about mortgages. Identify details interest rate your customer is paying, fixed rate or variable, interest only or principal, payment frequency and much more.
Mortgage data – a helpful addition to Basiq Connect
Another great change released this week — we have just added support to retrieve Mortgage data from the big four banks to the Basiq Connect API v2.0.
We have added the ability to return mortgage details for an account — with great additions such as current interest rate your customer is paying, interest rate type (fixed rate or variable), repayment type (interest only or principal), payment frequency and much more.
Check out the example JSON below:
Read more in the API docs here.
Use this to help customers negotiate better rates on loans or get better view of liabilities as part of your credit decisioning or financial planning processes.
We are working on adding additional support for Mortgages for more institutions — so just give us a shout if there’s a particular one you are waiting for.