Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Knock introduces an innovative bridge loan that empowers homeowners to acquire their next property before finalizing the sale of their current residence. This program allows individuals to tap into as much as $500,000 in equity from their existing home, which can be utilized for various expenses such as down payments, renovations, relocation fees, and even to consolidate debts. Remarkably, the loan remains interest-free for a period of up to six months, granting borrowers greater financial leeway during their transition. By excluding the current mortgage from the calculations for the new mortgage, buyers can present more attractive, non-contingent offers, substantially enhancing their likelihood of success in competitive housing markets. Additionally, Knock provides up to $35,000 in funds for home preparations, ensuring that the current property is well-equipped for sale. Should the home fail to sell within the six-month timeframe, Knock guarantees a purchase offer, delivering peace of mind through a predetermined sale price. The company works closely with real estate agents and lenders to streamline the entire process, with the goal of making the journey between homes as convenient and straightforward as possible. This comprehensive approach not only alleviates the stress of moving but also empowers homeowners with the confidence to make significant decisions regarding their real estate transactions.
Description
Utilize mortgage pricing tools, eligibility data, and investor pricing to create a more automated and efficient workflow in your daily operations. By streamlining your secondary desk, you can enhance the effectiveness of your everyday tasks and speed up internal communications, utilizing features like historical pricing and integrations with loan origination systems. Expand your business and reach in the market by showcasing your live mortgage offers on prominent online platforms within the industry. Now is the time to develop a focused purchase strategy that positions you as the first lender to connect with home sellers seeking new financing options. Take advantage of Mortech APIs to deliver your product and pricing strategies directly to proprietary websites, point-of-sale systems, and smart applications among others. Our straightforward onboarding process allows you to integrate this solution into your business framework in as little as two weeks, ensuring a swift transition to enhanced operational capabilities. Embracing these technological advancements will not only simplify your workflow but also significantly boost your competitive edge in the market.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Zillow
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Knock
Founded
2015
Country
United States
Website
www.knock.com
Vendor Details
Company Name
Mortech
Founded
1987
Country
United States
Website
www.mortech.com
Product Features
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No
Predictive Analytics
AI / Machine Learning
No
Benchmarking
No
Data Blending
No
Data Mining
No
Demand Forecasting
No
For Education
No
For Healthcare
No
Modeling & Simulation
No
Sentiment Analysis
No