The AI has already knocked on the mortgage door. Due to recent advancement in AI technology, the mortgage industry has not been left out to benefit from it. The UK based mortgage technology company Mortgage Brain, has brought a tool that can be integrated into Amazon’s Alexa which can help the users find suitable mortgage. User is just expected to instruct, Alexa will only get extra questions, then will compile more than 10,000 mortgage data and provide information about the mortgages and local advisers based on the postcode given or stored on devices’s settings. This tool is designed to ease the most difficult part mortgage experience which is searching and comparing products. Experts predict that mortgage brokers will not disappear as they will be needed for those who are self-employed or have bad credit.
Read more: Alexa can now help borrowers find a mortgage
Now that you've read this are you interested in talking to a mortgage adviser? Fill out the quick form below and you'll be contacted soon by an independent, regulated mortgage specialist for a free no obligation quote.
and £15,000 on your Mortgage
Get a custom rate and see how much you will save
by filling out the quick form below.