Beeline’s platform is well suited for Stessa which makes it easier for real estate investors to manage their portfolios, just as Beeline does for home loans. In just 15 minutes, Beeline provides “Buy and Ready Approval” to borrowers day or night, using accurate loan financial information and predictive analytics rather than relying solely on information confirmed by borrowers, as traditional pre-approvals do.
With the consent of the borrower, Beeline gets secure access to their bank, income and tax information online, verifies the numbers instantly, and gives more reliable and accurate prior approval. Beeline has a remarkable 97% accuracy in predicting that their automated approval will eventually reach Clean to Close – giving the borrower almost certainty within 15 minutes.
“We are very excited about this partnership,” he said Nick Liza, CEO Beeline. “We like Stessa because of its strong brand recognition, its ability to achieve its stated goals and a kind philosophy of empowering and empowering people to own property through technology, so we are very pleased with the result. Our platform will fit Stessa well, and our ability to provide early certainty, a quick closure will then help build confidence among investor lenders. ”
Beeline, whose platform already supports borrowers with multiple properties within a single profile, is developing a dedicated boarding trip designed specifically for investors during Q1 of 2022, which is different from a typical purchase transaction. “Many lenders try to push investors down on a normal one-family purchase path,” he said Jessica Kennedy, COO. “It’s a different transaction and worth their own process and technology to increase the customer experience while closing faster and easier.”
Beeline, which launched its proprietary platform in June 2020, is licensed in 26 states and continues to promote its promotional platforms and titles as it moves toward $ 1B in mortgage establishments.
About Beeline
Beeline is a US home lender that offers consumers the shortest way to achieve their dreams of a new home or refinancing. A radical new approach to implementation without the hassle of filling out long-winded documents gives Beeline customers greater certainty with Beeline Pre-approval than a typical pre-approval with much less effort, by letting consumers know their financial information connect exactly in seconds. . This gives Beeline and users accurate information at the lowest rates. Best of all, it only takes 15 minutes from the couch to apply for a day or night mobile device. Speeding up approvals also means that Beeline can offer lower rates to its customers. Based in Providence, RIBeeline is licensed in 26 states, including the District of Columbia. Find out more at www.makeabeeline.com.
About Stessa
Stessa it provides a powerful new way for millions of real estate investors, with single-family rentals, multi-family buildings, and short-term rentals to track, manage, and report all of their property in one place. Property owners can now view all of their key metrics in one place with a visual dashboard, automate their income and expenditure tracking, organize all types of real estate documents, and save time with financial reports ready for tax. And best of all, Stessa is FREE for individual investors!
Stessa users track more than 170,000 individual properties they represent $ 45 trillion of assets. Stessa was founded in 2016, is headquartered in San Franciscoand Roofstock bought it in 2021. To learn more, visit https://www.stessa.com.
About Roofstock
Roofstock is the largest marketplace for investing in single-family rental homes, offering investment properties in top US markets. The company provides investors with all the resources to buy, hold and sell real estate online, including data analytics, property management oversight, and other tools. Stessa’s innovative transparent market enables investors to hold cash rental properties, diversify their investment portfolios and build long – term wealth through real estate. Founded in 2015, the company facilitated more than $ 3 trillion in the number of transactions through its market to date.
SOURCE Beeline Loans
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