In today's ever-changing real estate market, time plays a crucial role for lending partners aiming to provide top-notch service to their clients. However, many workflows to qualify clients often prove burdensome and time-consuming. Recognizing this challenge, Knock is dedicated to addressing it through a more efficient solution.
Previously, our partners submitted their client's property to Knock and waited for a response from their assigned Loan Officer with initial figures to pass on to their clients. This process usually took several hours, hindering their ability to move their clients forward in a smooth and efficient process.
To address these challenges, Knock developed and launched an instant pre-qualification solution that provides estimated bridge loan numbers right away, on knock.com. Upon submission to see if the client qualifies for a Knock Bridge Loan, the lending partner will receive instant estimated Bridge Loan results, allowing them to proceed to work the numbers for their clients immediately. This eliminates the need to wait for a response from their assigned Knock Loan Officer, streamlining the process for a seamless solution.
Additionally, this solution provides lenders with the necessary information to make informed decisions, such as the max bridge loan amount, contract fee, bridge closing costs, funds available for the new home purchase, and more. This empowers lenders to provide accurate and timely assistance to their clients throughout the home buying process.
Benefits:
- Instant estimated Bridge Loan numbers for lenders upon submitting client qualification information
- Streamlined and seamless workflow, saving time and increasing efficiency
- Accurate and reliable information to make informed decisions
- Clear communication and transparency throughout the process
Knock's instant estimated Bridge Loan figures transform the lender workflow by equipping lenders with essential tools and information to effectively support their clients. With this solution, we aim to enhance the home buying experience for both lenders and their clients, ultimately driving greater success and satisfaction in the home buying and selling process.
To learn more or see if your client qualifies, go to knock.com.