{"id":4596,"date":"2019-03-21T11:30:25","date_gmt":"2019-03-21T10:30:25","guid":{"rendered":"https:\/\/www.startups.ch\/en\/blog\/?p=4596"},"modified":"2019-03-21T11:37:45","modified_gmt":"2019-03-21T10:37:45","slug":"credex-new-swiss-mortgage-exchange","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/credex-new-swiss-mortgage-exchange\/","title":{"rendered":"CredEx: New Swiss Mortgage Exchange"},"content":{"rendered":"\n

The mortgage platform\nCredEx (Credit Exchange) is going to turn the Swiss mortgage market upside down.\nFinancial advisors can place loan applications of their customers on the\nplatform. Afterwards lenders submit their bids. Thus a relationship between\nmortgage customers and institutional lenders should be created and,\nconsequently, best interest rates achieved.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Lower Interest Rates due to Competitive Offers\nand Transparency<\/strong><\/h3>\n\n\n\n

CredEx<\/a> has been launched by Swisscom, Mobiliar, Vaudoise, Clientis Bank and the consultancy EY. The platform is designed to simplify mortgage origination processes for all involved. Borrowers do not have to ask for individual quotes any more and, due to competition, they obtain the lowest interest rates. What is more, unlike comparison portals and brokers, CredEx offers full transparency. And on the part of capital providers, the effort is also largely minimised because transacting and portfolio servicing can be outsourced.<\/p>\n\n\n\n

Three Biggest Swiss Banks Are Not on Board Yet<\/strong><\/h3>\n\n\n\n

As it is applications of CredEx sales partners that are placed on the platform, being a customer with one of them is a prerequisite for using CredEx services. In addition to the participating companies referred to above, it is, for example, Glarner Kantonalbank. At present, the three biggest Swiss banks UBS, Credit Suisse and Raiffeisen Bank do not partner with CredEx. If customers are to be offered a comprehensive market overview, it is necessary and desirable for CredEx to add other partners to its network. The platform<\/a> has not started yet, and other partners are still free to join the CredEx ecosystem.<\/p>\n\n\n\n

Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.<\/p>\n\n\n\n\u00bb Startups Scene<\/a>\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"

The mortgage platform CredEx (Credit Exchange) is going to turn the Swiss mortgage market upside down. Financial advisors can place loan applications of their customers on the platform. Afterwards lenders submit their bids. Thus a relationship between mortgage customers and institutional lenders should be created and, consequently, best interest rates achieved. Lower Interest Rates due […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"CredEx: New Swiss Mortgage Exchange #CredEx #mortgage #platform #startupsch","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10,381],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":1888,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1c8","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4596"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=4596"}],"version-history":[{"count":1,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4596\/revisions"}],"predecessor-version":[{"id":4599,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4596\/revisions\/4599"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=4596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=4596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=4596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}