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Zillow iPhone App Integrates Mortgage Marketplace

""Zillow"":http://www.zillow.com/ announced Thursday the release of a new component to its Zillow iPhone App. Zillow Mortgage Marketplace is now available through the Zillow iPhone App, allowing shoppers to access mortgage rates and other information as they shop for homes.


Potential homebuyers can browse homes and compare mortgage rates from one app.

""At Zillow, a significant part of our usage now comes from mobile â€" home shoppers are viewing more than 2.5 million homes on Zillow every day from a mobile device, which equates to 28 homes every second,"" said Zillow CEO Spencer Rascoff.

""Real estate is inherently mobile, and our goal is to provide people with information about homes â€" and home financing â€" whenever and wherever they need it,"" Rascoff added.

Zillow Mortgage Marketplace is available as a standalone app or as a component of the Zillow iPhone App.

Features of Zillow Mortgage Marketplace include a payment calculator to estimate monthly payments on a home and an affordability calculator that helps home shoppers find homes within their budget.

After receiving a personal loan quote and browsing lender reviews, shoppers can connect with a lender and begin the pre-approval process from their iPhone.

Zillow also made a few improvements in regards to its app's usability - increasing the speed of its map views and allowing searches to be saved and filtered.

About Author: Krista Franks Brock

Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia.

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