Mortgage lender Rate reports that it has launched a mobile app that delivers an end-to-end Spanish experience.
The development of this mobile, all-Spanish experience marks a major step forward in Rate’s mission to remove language as a barrier to homeownership, the company says in a release.
The app is the latest evolution of Rate’s award-winning Language Access Program. It builds on a key milestone: more than 20,000 digital mortgage applications from Spanish-speaking customers since the program launched in 2022.
The mobile app enables Spanish-speaking users to search for homes, apply for a mortgage, track loan status, communicate with bilingual professionals, and access educational content, all 100% in Spanish, right from their phones.
The release reinforces Rate’s broader commitment to removing language as a barrier to homeownership and delivering a top-tier customer experience to the Spanish-speaking community.
“We’ve already seen what’s possible when we invest in Spanish-language technology: our Latino salesforce has tripled, our funded loan volume in Latino communities has doubled as a percentage of the company’s total book of business, and we’ve far exceeded expectations with 20,000-plus digital applications in Spanish,” says Victor Ciardelli, CEO for Rate, in the release. “Now with the Rate App in Spanish, we’re giving Spanish-speaking buyers the same high-performance mobile experience that’s helped millions of homeowners, because language should never be what holds someone back.”