article thumbnail

Rocket launches loyalty program, gives discount for closing costs

Housing Wire

In the first phase of the program, customers can use points to get discounts on their closing costs when purchase a home through the subsidiary Rocket Mortgage. To start, customers will receive a 7,500-point welcome bonus on their first reward activity – or $75 in savings on closing costs.

article thumbnail

Understanding the Closing Costs Associated With a New Home Purchase

RIS Media

May vary widely between lenders and are not dependent on the cost of the loan. Items to Be Paid at Close of Escrow. Non-Recurring Costs Not Associated With the Lender. – Closing/escrow/settlement fee, title insurance, notary fee, recording fee, pest inspection, home inspection, home warranty.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

The homegenius Platform reimagines the entire real estate experience, giving consumers more access, deeper insights and better service, all available on a co-branded website with their financial institution. Through this offering, consumers may also be eligible to receive a rebate* at closing. Find their dream home faster.

article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. The third iteration was pioneered by Calque and is the most cost-effective model of the three.

article thumbnail

Optimal Blue PPE adds investor content from 54 state-based HFAs

Housing Wire

HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments. Optimal Blue , a division of Black Knight, Inc. In April, real estate focused artificial intelligence firm Restb.ai

Investor 384
article thumbnail

LenderLogix launches POS system for small- to mid-sized lenders

Housing Wire

As a result of this early engagement, mortgage lenders can increase lead capture and conversions while delivering a consistent brand identity across branches and teams – all while providing executives with more granular insight into marketing and sales performance,” O’Brien said. The company was featured in HousingWire’s Tech 100 in 2022.

article thumbnail

Reverse purchase financing: The financing option no one is talking about

Housing Wire

With this latest enhancement, homebuyers aged 62+ can participate in seller concessions for up to 6% of the sales price toward borrower origination fees, other closing costs, prepaid items, and discount points. Longbridge also continues to examine more strategic ways to brand the product, but ultimately, it all comes back to education.

Finance 458