Mortgage Brokers City Inc.

October 10, 2012 09:00 ET

Canadian Mortgage Broker Launches a Mobile Mortgage App

Mortgage Brokers City Introduces a Mobile Mortgage App With Real-Time Mortgage Rate Information and Mortgage Payment Calculators for Canadian Borrowers

OTTAWA, ONTARIO--(Marketwire - Oct. 10, 2012) - Mortgage Brokers City, a leading Canadian mortgage brokerage firm, has officially announced the launch of a mobile mortgage app, available for free download on all Blackberry, iPhone and Android devices. The app, which offers access to current mortgage rates from Mortgage Brokers City, was developed to help home buyers gain easy, on-the-go access to live rates, mortgage calculators and professional mortgage advice.

"A mortgage calculator is only truly useful when you have access to live rates," said Sheri Creese, Vice President of Sales and Service for Mortgage Brokers City. "We are proud to have the ability to offer a live, up-to-the-minute rate feed with the best mortgage rates available. This sets our app apart from other mortgage calculators, which may provide higher posted rates or default rates, diminishing the usefulness of the app for users who want instant access to accurate information. The real value of our app lies in the ability for the client to know we are showing them the lowest rates we are able to offer as they are doing their calculations."

In addition to live rates, the app offers mortgage payment and closing cost budget calculators to help clients plan for what is typically their largest and most important financial decision. "This app gives instant answers to the two questions we get most often from our clients;" Creese continues, "How much will my payments be, and how much will it cost up front, including my down payment? We offer a full picture of the costs associated with purchasing a home, including costs many people may not budget for, like closing costs or PST on default CMHC insurance." The app does provide province specific calculations incorporating Land Transfer Tax and PST information, where applicable.

For anyone with additional questions, each app screen is equipped with a "Contact Us" button linking users directly to Mortgage Broker City representatives who are licensed to provide services in B.C., Alberta, Saskatchewan, Manitoba, Ontario, Quebec and New Brunswick. Each calculator also includes an email feature, enabling users to instantly email the results of their calculations to partners, realtors or other contacts. This makes the app a useful tool for real estate professionals across the country, allowing them to show clients an accurate picture of the cost associated with any property of interest.

To download any version of the free Mortgage Brokers City app, visit www.mortagebrokers.ca or click on the appropriate link below:

Mortgage Brokers City App for Blackberry: http://tinyurl.com/9slmex7

Mortgage Brokers City App for iPhone: http://tinyurl.com/94r2q4t

Mortgage Brokers City App for Android: http://tinyurl.com/8w3orpe

About Mortgage Brokers City Inc.

Mortgage Brokers City was first established in 2005 by Michael Hapke and Frank Napolitano. With more than 20 years each of extensive banking experience, the two set out to become one of Canada's leading brokerage firms. Today Mortgage Brokers City is one of the largest brokerages in Canada offering its customers mortgage advice, competitive mortgage rates & flexible mortgage options through its trusted lending partners.

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