Redfin Mortgage, LLC is now offering loans to homebuyers in Georgia, announced Redfin Corp., the next-generation real estate brokerage. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every state where it operates.
Redfin selling mortgages in Georgia
Redfin Mortgage offers a 30-day closing guarantee, demonstrating its commitment to fast, on-time closings. If Redfin Mortgage is unable to fund a mortgage in 30 days, it will give the homebuyer a $1,000 credit toward closing costs, subject to terms and conditions.
The closing guarantee is enabled by Redfin Mortgage’s fully-underwritten pre-approval, in which all required borrower information is underwritten by the company in advance of the homebuyer finding a property to purchase. This gives the buyer and the seller a stronger commitment that the loan will be approved as long as the home has a clean title and appraises for the proposed sale price. The buyer must also provide proof of homeowners insurance to complete the transaction.
“The Redfin Mortgage 30-day closing guarantee gives homebuyers an edge in the current real estate market driven by low inventory and strong competition,” said Jason Bateman, head of Redfin Mortgage. “By earning the seller’s confidence that the sale will close on time, offers from buyers with a Redfin Mortgage pre-approval letter will stand out from the crowd in a bidding war.”
Redfin Mortgage also offers:
- Low Rates: Because Redfin Mortgage uses technology to streamline the lending process, it can pass along savings to its customers.
- No Lender Fees: Redfin Mortgage does not charge any lender fees, so customers can rest assured there will be no surprises on closing day.
- A Commitment to Customer Service: Redfin Mortgage shares Redfin’s commitment to personal service, with mortgage advisers who are rewarded based on service, not just sales.
- A Smooth Closing: When the customer’s lender and real estate agent work on the same technology platform, everyone stays informed, which leads to a smooth closing.
Redfin Mortgage is built to seamlessly integrate with Redfin’s home-buying service. Redfin real estate agents are not compensated for recommending Redfin Mortgage and will continue to encourage customers to work with a lender that offers the best service and value.