ARLINGTON, Va., July 10, 2013 /PRNewswire/ -- Timios National Corporation (OTCBB: HOMS), a national provider of real estate services to banks, financial institutions and mortgage lenders has released the first comprehensive, fully compliant, guaranteed GFE calculator application for various mobile devices, including iPhone, iPad and Droid devices. The application, available by searching "Timios Closing Costs" within either the Apple iTunes store or within Google Play, allows the user to instantly receive a guaranteed Good Faith Estimate (GFE). The GFE includes non-lender closing costs, title insurance, escrow fees and any applicable government fees. The fees are not an estimate, and reflect actual costs using Timios' proprietary systems. The application allows users to instantly place an order and emails the quote directly if requested. The pricing is free to everyone, guaranteed by Timios, and not subject to change according to the terms entered in the calculator. In addition, the application provides existing clients with their specific, negotiated pricing.
Norman Gottschalk III, CTO of TNC stated, "Our customers are excited that our new application makes our industry leading online GFE calculator available via their mobile devices, for anyone, at any time. This application represents our initial release in delivering to consumers and our clients the ability to execute real estate transactions via their mobile devices."
Trevor Stoffer, COO of TNC and CEO of Timios, Inc. added, "Since our release of the first online, guaranteed, instant GFE calculator in 2010, we have received overwhelmingly positive feedback from our clients for eliminating virtually all title and escrow lender cures through our guaranteed pricing. We are excited to now expand this same technology to mobile devices."C. Thomas McMillen, CEO of TNC commented, "The introduction of this application permits consumers to know the exact amount of non-lender closing costs associated with their real estate transaction in advance of closing the transaction. It brings accuracy, transparency and comparability to an otherwise difficult financial process." Timios has expanded its operation to cover 41 states and is currently servicing several top regional and national lenders. With more than 100 years of combined experience in the industry, the executive team has dedicated the company to simplifying the consumer experience and delivering transparency to their clients. Utilizing an online, paperless system, Timios allows customers to access important files and documents instantly, anytime day or night. This, combined with a commitment to superior service, makes Timios a leader in the title and escrow services industry. With the release of their mobile applications, Timios leads the industry in providing simplified solutions to their clients.