Morty Mortgage Review 2022

Customer Experience

Morty is a New York based licensed mortgage broker, meaning that loans originated by Morty are funded by a third party. They are not a lender, but rather they work on their customer’s behalf with a network of lenders who originate and fund your mortgage loan. Morty utilizes their technology to provide you with lender options and online options for completing the mortgage process.

Morty’s offering of mortgage products is more narrow than other companies out there. They provide new home purchase products covering conventional and jumbo loans. However, they do not offer Federal Housing Administration (FHA) or Veterans Affairs (VA) loan. While the majority of mortgage shoppers may not require these programs to get the mortgage they need, there are some mortgage shoppers that will need to continue to their mortgage search elsewhere.

Morty does not provide rates on their site, but that makes sense since they will be checking multiple lenders to get options tailored to your specific situation. Instead, they provide you with a tool that allows you to enter a couple pieces of information regarding your potential loan and see some sample rates. To get personalized rates, you’ll have to fill out a full application which is available on their site.