Skip to main content

Reali Adds Rate Lock Feature To Real Estate Platform

Navi Persaud
Jul 29, 2020
Reali Logo

Reali, a real estate technology company, added Reali Rate Lock, a way for customers to lock in their loan interest rate as a safeguard from future rising rates. According to Reali, this feature can be used by those looking for a new home or those looking to refinance an existing mortgage.

"The industry hasn't seen rates like these ever. Whether you're a new home buyer or refinancing your current home, now is the perfect opportunity to lock in a rate given the current market environment. With today's volatility in rates, Reali Rate Lock can preserve a rate before the loan application is completed."

Reali's Rate Lock will prevent buyers from having their rates fluctuate during the typical 30-45 day loan application cycle. These rates can be locked in without uploading documentation or leaving home. Rate Lock is complimented by Reali's cash offer and trade-in programs.

"These two programs allow home buyers and sellers the speed and seamless experience of buying a home with cash and forgoing the traditional way of buying and selling a home at the same time," added Amit Haller, co-founder and CEO of Reali.

Click here to learn more about Reali's Rate Lock program. 

Jul 29, 2020
More from
Candor Technology Confirms Workforce Reduction

Provider of AI underwiting platform for mortgages did not say how may jobs were affected.

Mar 20, 2023
Silvergate Capital Shutting Down

Cryptocurrency lender halted its warehouse mortgage operation 2 months ago.

Mar 08, 2023
Marketers: Bot In To AI

Embrace the opportunities that artificial intelligence creates for content creation

Mar 06, 2023
Q&A: Why Now Is The Best Time To Invest In Tech

The winning strategy for originators is going to be one that fully embraces digital

Mar 06, 2023
House Approves Remote Online Notarization Bill

Bipartisan voice vote brings federal legislation of RON closer to reality.

Five Predictions Home Equity Lenders Should Be Tracking

Despite interest rate instability, homeowners with cash on hand still like borrowing

Feb 27, 2023