LAGUNA NIGUEL, Calif. – Internet start-up Mortgage Grader yesterday announced it was granted a U.S. Patent that allows borrowers to compare all features of a mortgage online, side-by-side.
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The company said Mortgage Grader will provide anonymous, online loan approvals, guaranteed interest rates and settlement costs, delivered in seconds to homebuyers. The service will provide comparable, simple-to-understand, transparent mortgage market offerings.
The company currently operates Fair Closing Costs at www.fairclosingcosts.com, which it said allows borrowers to shop and compare real estate settlement costs.
