Quicken Loans is First Home Loan Lender to Offer Mobile Mortgage App

Detroit-based Quicken Loans Inc., the nation's largest online home lender, said Tuesday that it had became the first mortgage provider to offer a mobile app that enables clients to apply for a home loan from the palm of their hand with the launch of "MyQL Mobile."

The app, available for the iPhone, iPod touch and iPad, guides clients from their initial application to the closing table. The app provides realtime home loan status updates, immediate access to a home loan expert with the touch of a button, and an interactive list of all loan documents needed to begin the home loan process.

Clients can submit these loan documents by taking a picture of them with their iPhone 4.

Whether clients need a mortgage to purchase their dream home or are looking to refinance and lock-in lower monthly payments, MyQL Mobile provides an easier path to closing a home loan.

"At a time when consumers expect to have instant access and visibility to all of their purchasing decisions, it only makes sense that we offer our clients a new window into one of the most important purchasing decisions they will make to reach their financial goals," said Bill Emerson, Quicken Loans CEO. "MyQL Mobile is a milestone in our history. We became the first mortgage provider to offer home loans in all 50 states from centralized online Web centers, as well as the first to adopt e-signature technology. Now, with our new mortgage app, we become the first to offer the easiest and most efficient mortgage process ever available to consumers."

MyQL Mobile by Quicken Loans combines a simple, easy to understand user interface with the efficiency of providing clients with an amazing mobile experience for the processing of their home loan.

Visit this YouTube link to view a video demonstration of MyQL Mobile by Quicken Loans.

MyQL Mobile can be downloaded for free by visiting this link.