Confer Inc is announcing the launch of Meta Mortgage, an innovative mortgage platform powered by artificial intelligence and continuous machine learning to customize a mortgage that is financially beneficial to the borrower. The official launch date of the Confer app that will be available on iOS and Android is April 1st, 2022.
With rising interest rates and scarcity in the housing market supply, many borrowers are cautious in choosing the right mortgage product and associated services.
Founder & CEO Yatin Karnik states:
“Present market supply conditions have lowered housing affordability, and the Confer app is being introduced to reduce or mitigate the impact when used during the home buying experience. The end goal is to guide buyers in making a conscious and intelligent decision.”
Confer’s app is a simple one-stop app that provides borrowers with the ability to shop/compare and customize mortgage products to suit their needs. This can potentially save thousands on their mortgage, whether purchase or refinance.
Confer’s Mortgage app is the most cost-effective option available on the market because it’s free:
“No subscriptions to sell, no annoying ads, and no payment details are required to enjoy our full suite of services.”
The Consumer Finance Protection Bureau (CFPB) states, “… don’t make a final decision before comparing official Loan Estimates.”
Confer’s app is the only patented (pending) app that allows the borrower to compare two or more official loan estimates.
The CFPB further states, “Getting quotes from multiple lenders puts you in a better bargaining position. For example, if you prefer one lender, but another lender offers you a better rate, show the first lender the lower quote and ask them if they can match it.”
The Federal Trade Commission (FTC) states, “To find the best loan for you, research all costs of the loan. Knowing just the amount of the monthly payment or the interest rate isn’t enough.”
Customers only need to upload or take a picture of their Loan Estimate from lenders, and Confer’s app will identify “services that you can shop” for that are more affordable.
It also helps compare mortgage offers with different interest rates and monthly payments while considering points, origination charges, and fees to find the most beneficial mortgage offering.
One of the most notable advancements in customizing a mortgage is first knowing that the typical mortgage tenure or lifespan of a mortgage is under ten years and understanding which mortgage offers would have charged the least interest throughout mortgage tenure in addition to a maturity term of 30-years.
Bankrate.com says, “Homebuyers will not know which title companies offer the best rates unless they shop around.”
There is no current marketplace where borrowers can shop for services, and Confer’s app solves that issue by allowing a one-stop shop for the best service providers.
Confer Inc. monitors the latest data and industry trends and updates its customers with notifications.
Relying on accurate real-time analytics and powered by artificial intelligence, a patented (pending), Confer appis coming soon to disrupt the mortgage industry.
More information about Confer Inc. is available on https://www.confer.today. People interested in following the latest news of Confer Inc. can subscribe to the company’s blog at Blog | Confer
Media Contact
Company Name: Confer Inc.
Contact Person: Media Relations
Email: Send Email
Phone: +1(844) 7CONFER
Country: United States
Website: https://www.confer.today
