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Credit Sesame Launches Mortgage Comparison Tool

Thumbnail image for CreditSesameLogo.jpg

Yesterday, California-based Credit Sesame launched a mortgage comparison tool to help consumers identify their best loan options.

How it works:

  1. The user provides information about their current mortgage, property, and income.


  2. The tool shows the user options for different loan types at various interest rates.


  3. The user is provided the option to contact lenders for different refinancing options.


The tool takes into account:

    • Mortgage type
    • Rate
    • APR
    • Closing costs
    • Points
    • Fees
    • Amortization schedules 

To learn more about Credit Sesame, watch its FinovateFall 2011 demo.