Redfin Mortgage LLC
, the lending subsidiary of the real estate brokerage Redfin Corp., is now offering home loans in the District of Columbia.
This is the third market for Redfin Mortgage, which also serves homebuyers Texas and Illinois. The company, which plans to expand into more states next year, offers fixed and adjustable-rate conforming mortgages and jumbo loans.
“In the competitive Washington, D.C. real estate market, Redfin Mortgage’s 30-day closing guarantee gives homebuyers an edge in getting their offers accepted,” 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 will stand out from the crowd in a bidding war.”