Provide your customers with mortgage offers along with their feasibility analysis
With the Preapproved Mortgages API, you can provide your customers with a personalized price when they arrange a mortgage loan, while showing different scenarios to them. This solution uses data documented and verified by BBVA, ensuring the highest quality and reliability of the result obtained for qualified leads. A way to offer mortgage preapproval to your customers.
Accelerate and optimize your business with this API, which offers real-time mortgage loan pricing, always adapted to the individual needs and characteristics of each customer.
During the process, our partner will carry out a preliminary verification of the details provided by your customer, as required to handle their request.
Integrate the API into your mortgage recommendation processes without redirecting to other pages and without slowing down the acceptance of the offer by customers.
Advantages of the Preapproved Mortgages API
The Preapproved Mortgages API can be fully integrated into your business environment, providing solutions that allow you to offer mortgages through your own platform.
Potential buyers will receive a more comprehensive and realistic analysis of the financing options available.
Customers can check the result of their operation from the API in a single click, obtaining a parameterized, viable and limited price and online offer for both new and existing mortgages.
The Preapproved Mortgages API offers:
The Preapproved Mortgages API can be used by any company that completes BBVA’s admission process successfully and has the capacity to integrate it into its digital platform. In addition, the companies must be included in the Bank of Spain Register as financial intermediaries of real estate loans and must not charge their customers any fees directly for mortgage intermediation services.
The Preapproved Mortgages API allows us to offer our clients a response on the feasibility of the operation and, in case of a positive response, offer a personalized price and validation in just 3 clicks. In addition to the request, through the API we receive 50 relevant pieces of information to perform the pre-risk concession, generate the personalized offer, and deliver it to the end client and/or partner. This way, the mortgage contracting process is streamlined."
Álvaro Salinero De Vicente
Head of Agent Network Transformation and Hipotech Hub at BBVA
If you have found the Preapproved Mortgages API useful, you may also be interested in BBVA’s other options.
Spain
Automate your supplier payments or customer refunds in real time, without the need for manual intervention.
Spain
With the FX API you will be able to perform your FX spot and forward trades and integrate it into your internal management system.
Spain
Pay your national and international suppliers using BBVA Factoring.
Let’s talk
Get in touch with us to find out how our suite of APIs can turn your innovations into reality.
Related content of interest
How can APIs and open banking transform the mortgage market?
PSD2 has facilitated the use of APIs in the mortgage sector, improving the conditions of access for customers and providing entities with a new work environment.
Read moreThe five keys to understanding PSD2
PSD2 has created a new regulatory framework for the use of mobile payments, third-party tools outside banks or enhanced security.
Read moreThe future of the mortgage industry: how "open banking" will affect the entire property purchasing process
Open banking, through APIs, simplifies and strengthens the property purchasing process by providing answers to key questions for buyers, such as purchasing power, mortgage conditions and loan approval.
Read more
