Meet Margo is a mobile application that aggregates mortgage deals from over 70 lenders, allowing users to compare options based on true cost and securely upload financial documents for affordability verification. The app connects users with expert mortgage advisers, providing tailored guidance to simplify the remortgage process for homeowners facing rising interest rates.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Homeowners often face a complex and time-consuming process when seeking mortgage deals, requiring them to manually compare offers from numerous lenders. This process can be particularly challenging for individuals unfamiliar with mortgage products, potentially leading to suboptimal choices and increased costs.
Solution
Meet Margo is a mobile application designed to streamline the mortgage search and remortgage process by aggregating deals from over 70 lenders. The app allows users to compare mortgage options based on true cost, ensuring transparency and enabling informed decisions. Users can securely upload financial documents to verify affordability and connect with expert mortgage advisors for personalized guidance. Meet Margo provides a guided timeline to help users track their progress and stay in control throughout the mortgage application process.
Target Audience
The primary target audience is homeowners, particularly women, seeking to remortgage or find new mortgage deals, who value transparent comparisons and expert advice.
Features
- Aggregates mortgage deals from over 70 lenders, including exclusive broker products
- Sorts deals by true cost to highlight the most cost-effective options
- Secure document upload for affordability verification
- In-app chat and call scheduling with expert mortgage advisors
- Guided timeline to track application progress
- Secure vault for storing important financial documents
- Personalized mortgage search based on user-provided information