There is a new mortgage tool, called Loan Tracker offered by GetLoans.com, that allows users to track the status of home loans, as well as learn about each phase of the loan process. Mortgage brokers usually do not provide a way for the consumer to track the status of the loan application. There is a fun, graphic, web enabled way to track the loan application, as well as learn about important things like the appraisal process, homeowners insurance, title insurance and more.

(PRWeb) April 16, 2007 -- There is a new mortgage tool, called Loan Tracker offered by GetLoans.com, that allows users to track the status of home loans, as well as learn about each phase of the loan process. Mortgage brokers usually do not provide a way for the consumer to track the status of the loan application. There is a fun, graphic, web enabled way to track the loan application, as well as learn about important things like the appraisal process, homeowners insurance, title insurance and more.

Loan Tracker looks like an online game board. When a homebuyer starts the loan application process for a mortgage they get assigned a game piece. A homebuyer might get the thimble, the shoe, the cannon, the top hat, or the dolphin. A homebuyer can then track their loan transaction from loan application to appraisal to loan submission to loan approval to settlement, and many other steps in between.

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