Coldwell Banker Franchise Affiliate Makes Mortgage Shopping Easier – Point Mortgage Acquisition!
When it comes to buying a home, finding the right mortgage can be a daunting task. It’s not just about the interest rate, but also about the type of loan, the length of the loan, and other details that could have a major impact on the cost of owning a home. Coldwell Banker franchise affiliate, Realogy, recently announced that it has acquired Point, a mortgage technology company that is focused on making the mortgage shopping process easier.
What Is Point?
Point is a mortgage technology company that provides borrowers with an easier way to shop for and obtain a mortgage. The company offers a platform that simplifies the mortgage application process, offering an all-in-one solution that helps borrowers compare rates, shop for the best loan, and submit an application, all in one place.
How Does Point Work?
Point’s platform streamlines the mortgage application process by eliminating the need for borrowers to complete multiple applications and shop around for the best rates. Instead, borrowers can use the platform to compare rates from a variety of lenders, submit their application, and get real-time loan offers.
The platform also helps borrowers save money by providing them with access to competitive rates, as well as personalized advice based on their individual financial situation. The platform also allows borrowers to track their loan applications in real-time, making the process much simpler and more transparent.
Why Did Realogy Acquire Point?
Realogy, a leading global provider of residential real estate services, acquired Point to make the mortgage shopping process easier and more efficient for its customers. The company’s goal is to make the process of obtaining a mortgage stress-free and more transparent.
The acquisition of Point is part of Realogy’s broader strategy to provide its customers with access to a wide range of services and technology solutions. In addition to Point, Realogy also owns NRT, the nation’s largest residential real estate brokerage company, as well as Cartus, which provides relocation and mobility services.
What Does This Mean for Home Buyers?
The acquisition of Point by Realogy is great news for home buyers, as it means that they now have access to an easier way to shop for and obtain a mortgage. The platform simplifies the process by allowing borrowers to compare rates from a variety of lenders, submit their application, and get real-time loan offers.
In addition, the platform also provides personalized advice based on the borrower’s individual financial situation, making it easier to find the right loan for their needs. Finally, borrowers can track their loan application in real-time, making the process much simpler and more transparent.
The Bottom Line
The acquisition of Point by Realogy is great news for home buyers, as it means that they now have access to an easier way to shop for and obtain a mortgage. With Point’s platform, borrowers can compare rates from a variety of lenders, submit their application, and get real-time loan offers. The platform also provides personalized advice, making it easier to find the right loan for their needs. Finally, borrowers can track their loan application in real-time, making the process much simpler and more transparent.
With Point, Realogy is making the mortgage shopping process easier and more efficient for its customers. This is great news for home buyers, as it means that they can now find the best loan for their needs more quickly and easily.