The pace of applications put in through the Mortgagebot lendingplatform sites suggests that demand for credit union mortgages hasnot slowed.

The Wisconsin-based provider of online mortgage application andprocessing systems said applicants at credit unions and banks whichuse their service put in more than 800,000 applications through theend of September.

The company anticipates its client financial institutions will see over a millionapplications through its sites by the end of the year.

“With the world becoming increasingly mobile, lenders must keeppace with borrower preferences. Borrowers view the online channelas the de facto way to conduct business,” said Matt Cotter, seniorvice president for sales and marketing for Mortgagebot.

The company said having around-the-clock access by mobile deviceto the mortgage application process has helped fuel the boom, withinterest rate searches via smart phones and tablets moving from83,231 in 2010 to 623,410 so far in 2012.

In addition, working with an online application process limitsquestions to only those that are essential, ensures the applicationis complete before it is submitted and minimizes the need forfollow up phone calls, the company said. It also allows theborrower to begin an application on one device and finish it onanother.