SEATTLE, Could 29, 2020 /PRNewswire/ — (NASDAQ: RDFN) — Redfin Mortgage, LLC is now providing loans to homebuyers in Arizona, Delaware and New Hampshire. A subsidiary of Redfin (www.redfin.com), the tech-powered actual property brokerage, Redfin Mortgage is revolutionizing the way in which folks finance properties by way of a mixture of technological know-how and private service from native mortgage advisors. Redfin Mortgage expenses no lender charges and provides aggressive charges, quick pre-approvals and on-time closings. With totally distant digital closing functionality, Redfin Mortgage prospects can signal their paperwork from the protection of domestic, even beneath keep at domestic orders.*
“The pandemic has made our digital instruments extra necessary than ever. With our totally digital course of debtors can get a loan and shut with out ever having to the touch a bit of paper or meet anybody in particular person,” stated Jason Bateman, head of Redfin Mortgage. “Redfin Mortgage was constructed to place the shopper first with technological know-how to streamline the method and hold everybody knowledgeable from pre-approval to closing and mortgage advisors who’re rewarded based mostly on their service, not solely closing a sale.”
Redfin Mortgage at present provides fixed- and adjustable-rate conforming mortgages in 20 states and the District of Columbia. Consumers who’re simply getting began can fill out a web based software and may sometimes get pre-approved for a loan in 90 minutes or much less. For accepted consumers, Redfin Mortgage provides a 30-day closing assure or it’s going to give the home-buyer an additional $1,000 credit score in direction of closing prices, topic to phrases and situations. For consumers that go one step additional and get a totally underwritten pre-approval, Redfin Mortgage provides a 25-day closing assure.
“With rates of interest at historic lows, many homebuyers are competing over a restricted variety of properties on the market,” stated Bateman. “Sellers need to really feel assured their sale will shut on time, which is why the Redfin Mortgage closing assure may give homebuyers an edge in a bidding conflict.”
Redfin Mortgage seamlessly integrates with Redfin’s home-buying service, ought to the homebuyer elect to work with a Redfin agent. Redfin actual property brokers should not compensated for recommending Redfin Mortgage and encourage prospects to work with the lender that gives one of the best service and worth. For extra info on Redfin’s affiliation with Redfin Mortgage, go to www.redfin.com/afba.
*Totally digital domestic closings can be found the place native rules enable, offered the shopper selects a title firm with digital closing capabilities as nicely. Of the newly launched markets, digital closings can be found to Redfin Mortgage prospects in Arizona and New Hampshire, however not Delaware.
For extra details about Redfin Mortgage and to submit an software for a free, no obligation pre-approval, go to https://www.redfinmortgage.com.
Redfin (www.redfin.com) is a technology-powered actual property brokerage, combining its personal full-service brokers with fashionable technological know-how to redefine actual property within the client’s favor. Based by software program engineers, Redfin has the nation’s #1 brokerage web site and provides a bunch of on-line instruments to shoppers, together with the Redfin Estimate, the automated home-value estimate with the trade’s lowest revealed error price for listed properties. Homebuyers and sellers take pleasure in a full-service, technology-powered expertise from Redfin actual property brokers, whereas saving 1000’s in commissions. Redfin serves greater than 90 main metro areas throughout the U.S. and Canada. The corporate has helped prospects purchase or promote properties price greater than $115 billion.
For extra info or to contact a neighborhood Redfin actual property agent, go to www.redfin.com. To study housing market developments and obtain information, go to the Redfin Knowledge Middle. To be added to Redfin’s press launch distribution checklist, electronic mail [email protected]. To view Redfin’s press heart, click on right here.