A loans broker that specialises in large loans claims it has helped the mortgage industry to break new technological ground with its development of a mortgage toolkit for the new Apple iPad.

The iPad has featured greatly in the news recently; the innovative Apple gadget is proving highly popular and is reportedly helping Apple to take a larger proportion of the market that has been mainly dominated by Microsoft.

Now, Largemortgageloans.com, which previously offered an iPhone Mortgage Toolkit has developed the tool further and adapted it for the iPad.

This new iPad app allows a borrower to view best buy tables, mortgage guides and calculators – all items that are freely available online but are now brought together and the firm claims they are easy to read when viewed on the iPad’s large screen.

The app also allows potential borrowers to apply for a loan via the app, as well as read through a number of guides to buying and selling their property.

This app is a great way to amalgamate a number of tools that are available online via several providers and will help with initial research, although of course a borrower would do well to consult an independent mortgage advisor before making their final decision.

Paul Welch, managing director of Largemortgageloans.com, said: “With the Mortgage Toolkit app now available for the iPad we have made another step forward in helping the busy borrower in their initial mortgage research. The app has already been downloaded in its iphone version hundreds of times and is a great lead generator.”

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