Habito is an innovative new service, based in the UK, that is designed to offer digital mortgage broking services that are fully automated and refined.
The service uses technology to analyze mortgages across the market from over 100 lenders, enabling buyers to identify a deal that bests suits their highly specific circumstances and needs. The proprietary technology is capable of analyzing thousands of mortgage offerings in seconds, something that's impossible through conventional mortgage research methods. Another bonus feature of Habito's service is the fact that it's free of charge for buyers, with Habito instead charging commissions from lenders.
Mortgage application processes can be exceedingly complicated, particularly for first-time home and property buyers. Ultimately, Habito's digital mortgage application services use automation and high-tech machine learning to help refine application processes and enable buyers to make informed purchases.