Mobile mortgage applications have recently been developed for credit unions and foreign national borrowers as well as real estate agents and home builders.
A report from
Malauzai Software indicated that 54 percent of active digital banking users are using mobile banking. The share surpasses 70 percent for the best in-class financial institutions.
Malauzai reported that one-quarter of end users exclusively use the mobile channel. At the best in-class financial institutions, this share rises to 44 percent.
Floify has launched an app store that
allows other industry service providers to build complementary applications that offer their branded data and functionality visually within the Floify platform, a recent statement said.
Boulder, Colorado-based Floify — which reports 150,000 registered users with
access to integrations with loan origination systems, asset-and-income-verification partners and e-signature providers — said that a Salesforce customer relationship management application has recently been launched.
In Dallas, PrimeLending recently reported that its new mobile partner application
gives real estate agents and homebuilders access to real-time loan status. The technology is available for both Apple and Android platforms.
Among the features of PrimeLending’s free application are
automated loan status change push notifications, multiple loan tracking and estimated closing dates and other milestones. It also includes a one-click connection with the loan officer.
A new mobile application, MortgagebotMobile, has been made available to credit unions clients of CU Members Mortgage, a news release Monday said.
The application from the Addison, Texas-based credit union service organization promises to enable to take thorough applications while allowing loan applicants to move between channels.
The Q Kapital Group Corp., a commercial and residential lender, has launched a mobile application to better serve its international clientele, a May 24 statement said. Users reportedly can submit required documentation that initiates the mortgage application process through their mobile devices.
“We created this app so foreign national buyers can apply for mortgage financing from anywhere in the world in a secure way,” The Q Capital President and founder Mauricio Ordoñez said in the news release. “This expedites the process tremendously.”