DBS Bank (Hong Kong) has introduced a banking mortgage app in Hong Kong in partnership with local realtor Century 21.

The new tool, known as DBS Home360, will allow homebuyers to gain access to all property-related information on one app.

The app allows users to shortlist properties based on their affordability, and then offer them a virtual tour of the properties.

With the new app, customers can also access a budget calculator that will offer them payment estimates including stamp duty, commissions and other fees, and assess whether they are eligible for a mortgage. Customers will then be followed up by a bank representative.

DBS Bank (Hong Kong) managing director and head of consumer banking group and wealth management Royce Teo said: “We developed DBS Home360 as an innovative, interactive and intuitive way to put the power of realtors and banks at your fingertips.

“More importantly, prospective homebuyers can gain a clear understanding of the home-buying process, from searching for properties to sending in the mortgage application. With this first-in-market app, buying a home is simple, engaging and fun.”