Just Mortgage, a boutique Singapore mortgage advisory firm intends to change the way homeowners look for residential mortgages by launching a revolutionary online mortgage comparison platform.
The online comparison platform will allow consumers to sift through the multitude of mortgage plans offered by at least 12 different financial institutions in the market. Adopting a funnel approach, consumers will be able to find out estimated mortgage payments, interest savings between different mortgage plans and even cost-savings if they were to re-finance their existing mortgage in a fast and clear manner.
In the past, consumers were not as discerning and would not think too much about comparing mortgage plans between financial institutions or refinancing their existing mortgage to another financial institution to save on interest costs.
Today's consumers however, wouldn't think twice about finding the best mortgage option except that in everyone's mind, the hassle of comparing puts the average consumer back into the state of inertia.
"Traditionally, consumers would approach the financial institutions to ask for information on mortgage plans and return home to do up their own spreadsheet to compare the rates, terms and other salient points of a mortgage before making a decision. We want to create a way that clients can assess the information quickly and at the same time hassle free." said Michael Gwee, Managing Director of Just Mortgage. "The revolutionary online platform is just part of our total service offering. We understand that clients need professional advice to help make an informed decision and we have professional people to speak with clients with their personalized mortgage analysis report generated via our proprietary system."
Highlights of Just Mortgage’s services and website (www.justmortgage.sg)
• 1st of its kind online comparison model for residential mortgages
• Mortgages offered by 12 different financial institutions
• In Principal / Formal Approval of mortgage loan quantum
• Personalized Mortgage Analysis report
• Other lending including commercial properties, land financing, vessel financing
• FAQs about selecting mortgages and scams in the mortgage industry.
