Mortgagebot LLC has launched an application, based on its Mortgage Marvel program, that allows iPhone users and iPod touch users mobile access to real-time mortgage quotes from a nationwide network of banks and credit unions.
Users enter property-related data points to obtain a wide selection of detailed mortgage quotes. Mortgage Marvel extracts its data directly from the live product databases of lenders nationwide, displaying only accurate mortgage quotes in real time, the company says. When shoppers click through to apply on a Mortgage Marvel lender's Web site, they will be visiting a customer of Mortgagebot.
‘Lenders are using Mortgage Marvel to grow their businesses and expand their market share,’ notes Dan Welbaum, Mortgagebot's chief marketing officer. ‘With the new Mortgage Marvel iPhone app, banks and credit unions can tap into today's increased application volume and more easily reach the hundreds of thousands of potential borrowers who use either an iPhone or an iPod touch.’