Move Inc. announced the released of MortgageMatch.com, a real time mortgage pricing engine developed to give first time buyers or refinancing owners the tools they need to find and pre-qualify for the right loan in as little as 10 minutes.
Developed in partnership with Houston based Cornerstone Mortgage, MortgageMatch.com leverages a pricing engine designed to help borrowers explore their mortgage options in real time. Currently, borrowers have access to conventional, Federal Housing Administration, Veterans Association and jumbo loans backed by real rates using a multitude of scenarios that reflect their situation. At this time, reverse mortgages are not included.
“Like many Realtors, we’re concerned about the recent difficulties buyers are having throughout the home loan process, especially in getting approved in time to keep a purchase from falling through,” said Move Chief Executive Officer, Steve Berkowitz.
“While there’s no single, easy solution to this problem, we believe making it easier for consumers to navigate the mortgage loan and approval process will help them as they work with an agent to purchase a home. Move is committed to helping both buyers and Realtors be more successful together, and we believe the choices, reliability and user experience MortgageMatch.com delivers will help everyone involved avoid the frustrations and confusion that can lead to lost deals or costly delays.”
Unlike typical lead providers, the quotes posted online are real offers according to the company. Move also operates a number of real estate websites, including Realtor.com, the listing site of the National Association of Realtors.