Waterstone Mortgage Corp. recently introduced a new mobile application that connects loan originators with their clients and referral partners and allows potential home buyers to prequalify for a mortgage on the mobile device of their choice in just a few simple steps.
“With the launch of the proprietary Waterstone Mobile app, we’re stepping into a new era of mortgage lending technology,” proclaims Eric Egenhoefer, president and CEO of Waterstone Mortgage, in a release.
The mobile app includes a variety of features, such as mortgage calculators and payment estimators, links to the loan originator’s social media and review profiles, and click-to-connect contact information.
Prospects can use the app to access a brief prequalification form or complete a full application.
In addition, the mobile app can be easily shared and referred to new prospects and partners.
In the next phase of development, the app will also allow home buyers and their Realtors to access real-time updates and details on their loan status, the company claims.
Waterstone Mortgage recently reported that it had reached $2.5 billion in loan originations for 2016 – a 16% increase compared with 2015.