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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
API Access
Has API
Integrations
Zillow
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
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
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages
Predictive Analytics
AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis