The future of online mortgage application

After digitisation, the multiplatform approach is finally transforming mortgage services

Banking is going digital — why is mortgage only just starting?

Mortgages are one of the most sensitive forms of lending

The role of technology in the mortgage market

  1. Accessibility, as an online application is always at hand Consumers do not have to adjust their schedule to the bank’s opening hours or take time off work.
  2. Convenience, as they simply fill in an online form and don’t have to fill in dozens of paper forms.
  3. No human factor, because Fintech start-ups’ applications analyse the data submitted by the user without human intervention.
  4. Speed, as consumers who apply for mortgage loans online have their applications processed by algorithms far faster than if mortgage loan application is done by an administrator. Of course, the final decision is always made by the bank after human review.
  5. Lower fees, because online mortgage software can also allow smaller banks to improve diversification between regions, boosting competition in the market, one effect of which is that individual financial institutions will attract new clients with lower fees.

Fintech start-ups and the mortgage

Mortgage Fintech companies in the press

4 mortgage Fintech start-ups from Europe

Will online mortgages spread or fail?

  1. a whole range of banking services can now be managed partly or entirely online,
  2. there is a growing clientele that requires and expects online transactions.
  1. The classic process support software
  2. Direct online mortgage lending
  3. Data analytics applications
  4. Market lending platforms
  5. Digital mortgage loan brokers

What impact will online mortgages have on traditional mortgages?

Enhancing the client experience is becoming more and more fundamental to modern administrative processes.

Ergomania at the forefront of Fintech development in Hungary

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Ergomania Product Design (Gold partner of FinTech Belgium) specialises in FinTech, UX research, UX — UI design and Service design. https://ergomania.eu/

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Ergomania UX

Ergomania UX

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Ergomania Product Design (Gold partner of FinTech Belgium) specialises in FinTech, UX research, UX — UI design and Service design. https://ergomania.eu/