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. 

 
Published
Jul 29, 2020
More from
Tech
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Tech
Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Tech
Oct 18, 2021
SimpleNexus Unveils Nexus Pay With In-App Payment Capabilities

SimpleNexus announced its upcoming Nexus Pay feature for mortgage loan applicants. The company is planning to do a full unveiling at the Mortgage Bankers Association's Annual Convention and Expo.

Tech
Oct 13, 2021
Redwood Trust Invests In Flock Homes Rental Ownership Platform

Redwood Trust Inc. announced its investment in Flock Homes, a rental ownership platform that converts owners into passive investors.

Tech
Oct 07, 2021
DocMagic Updates eSign Platform With Version 3.0

DocMagic Inc. launched its eSign 3.0 platform featuring enhancements to its remote notary and eClosing capabilities.

Tech
Oct 06, 2021