Mortgage comparison tool launches on iPhone
Mar 16th, 2010 | By Les Sheppard | Category: MoneyWelcome back! Have you made sure you never miss a new property? Subscribe to updates with your best email address in the sidebar to the right.You see everything new at least 48 hours before the crowd!
Robert Kelly, than man behind online sourcing system Orbiter has launched a mortgage comparison tool for the iPhone.
The application launched today and allows borrowers to trawl through the criteria of every mortgage lender in the UK.
Borrowers will also have the option to be transferred to a mortgage adviser in their local area for advice.
Kelly says he is currently in discussions with a number of mortgage brokers about appearing on the system.
Since its launch this morning Kelly says it is already receiving around 100 downloads per hour.
While Mortgage Finder only selects suitable mortgages that match the entered requirements, it can also order and filter the results in different ways, such as initial payment and APR.
In particular it can sort by overall cost.
Kelly, senior partner at the firm, says: “it is amazing to think that this little phone can now do something incredibly complex as match your mortgage requirements with every available product on the mortgage market.”
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