Nationwide for Intermediaries

The Mortgage Trading Exchange (MTE) is a common trading platform that any Intermediary can use to send business electronically to a wide variety of lenders.

For further information please visit www.mtedirect.co.uk

To access MTE, you need to register your details with MTE and obtain your User ID, password and PIN number.

You will also need to be registered to trade with Nationwide. Once you have obtained your MTE sign on details, register with Nationwide.

You can amend your existing registration details by signing into our eServices and selecting 'manage my details'.

From here you will have the option to select three tabs, Personal Details, Company Details, Submission Routes.

To view or update your mailing preferences, e-mail address or contact details, please select Personal Details.

If you wish to update the address that is printed on KFIs and Offers, please select Company Details.

If you want to register with another mortgage club/network, please sign into our e Services and select 'manage my details'.

You can add or delete a Mortgage Club or Network by selecting the Submission Routes tab.

Yes, you still need to download the Token on each machine.

No, the User ID is for an individual person and not related to a machine or company.

You can through the Mortgage Trading Exchange (MTE) or the
 Nationwide eTrading  website.

Not at present.

Yes, you are asked to reconfirm the channel of submission and the level of service when you submit a full mortgage application.

The case is submitted directly to your chosen Service Centre.

Yes, by clicking on the close form icon at the top of your screen, it gives you the option to save and validate your form. This can then be completed at a later date.

Registration is simple at MTE. If you do not have Web access you need to speak to your technical helpdesk on 0871 384 0055.

Yes.

Yes, although all the forms can be completed, saved and validated off-line, you do need to be connected to the internet to submit applications.

No, as long as you have downloaded your security Token you do not need to be online. MTE is an off-line data capture application and you only need to go on line to submit this to us.

The electronic DIP (Decision in Principle) caters for Main Loans, Remortgage and Shared Ownership cases.

If an Intermediary wants to submit a second property purchase, equity share, right to buy, or guarantor mortgage, these have to be submitted on paper at present.

• DIP decisions are made  in seconds
• As long as the proofs match the input, you can rely upon our decision: 'Yes' means 'Yes'
• Priority on case packaging once full mortgage application is submitted
• Pay fees payable by credit/debit card
• Product reserved and valuation instructed on submission (provided fees are paid)
• No paper application print off required
• Only need to print off any required proofs to your Nationwide Service Centre
• All data keyed can be printed or saved in PDF format

Firstly, refer to benefits question above.

Secondly, our lending criteria being known does not mean that we will lend to a specific customer. Conducting a DIP up front will ensure that as long as the proofs match the input, we will stand by the DIP decision.

Thirdly, to secure your business.

Registration is simple at MTE. If you do not have Web access you need to speak to your technical helpdesk on 0871 384 0055.

Call the MTE Helpline on 0870 887 0055, to reset your security information.

Contact MTE Helpline and they will be able to talk you through setting this up again - 0870 888 0200.