American Express Company today launched the American Express Mortgage Center, an online mortgage supermarket offering access to hundreds of mortgage products. The Mortgage Center also provides a host of financial tools and information to help customers manage the home-buying process, find competitive rates, terms and other mortgage features, and helps customers decide which mortgage is right for them. Developed through a partnership with Prism Mortgage Company, the American Express Mortgage Center offers an innovative, one-stop solution for borrowers seeking to manage their home investment as part of their overall financial strategy.
Customers can submit applications and pre-qualifications online for fast approvals and decisions.
Innovative tools such as the Loan Matchmaker allow customers to receive an instant, customized rate quote from a database of hundreds of loan products. Customers can sort by closing costs, monthly payments, points, rates and other parameters, as well as change their search preferences with just a few mouse clicks. A password-protected loan status check area is available for customers to check the current status of their loan application. American Express Mortgage Center provides comprehensive information for home buyers including buying strategies, how to obtain pre-approval, a guide to different types of loans and downpayment strategies. The American Express Mortgage Center provides interactive tools to help users calculate their monthly payments, annual percentage rates and other variables.