Zillow iPhone App now provides home shoppers with tools to research, shop for and compare mortgages
SEATTLE, Oct. 6, 2011 /PRNewswire/ -- Zillow® (NASDAQ: Z), the leading real estate information marketplace, today announced the expansion of the Zillow iPhone® App, the most popular real estate app on the platform, by adding the rich experience of Zillow Mortgage Marketplace. Financing is an integral part of the home-buying process and whether home shoppers are at the beginning, middle or end of the process, mortgage information is essential. This integration gives Zillow iPhone App users easy access to research, shop for and compare mortgages, without ever leaving the app they use to search for homes. "At Zillow, a significant part of our usage now comes from mobile – 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 – and home financing – whenever and wherever they need it." Home shoppers use the Zillow iPhone App to search for and find homes, and connect with local real estate agents. With the integration of Zillow Mortgage Marketplace, home shoppers now have instant access to important financial information and tools whenever they need it during the home-shopping process – whether they are standing in the living room of their dream home for sale, or getting ready to make an offer. In addition to integration with the core Zillow iPhone App, Zillow Mortgage Marketplace also operates a standalone app. The Zillow Mortgage Marketplace App includes the following, which now are also available within the Zillow iPhone App:
- The Payment Calculator helps consumers estimate what their monthly payment will look like for a particular home that interests them.
- The Affordability Calculator helps shoppers narrow their home search to those within a specific price range.
- The mortgage shopping experience enables users to request and receive personalized loan quotes, read lender reviews, and connect with a lender to start the pre-approval process with one tap of their finger.