Homie Loans™ launches Homie Cash™ to increase homebuyers’s chances of getting a home.
Homie Loans, a technology-forward mortgage brokerage, has launched Homie Cash to help home buyers in an extremely competitive and volatile Denver real estate market. Homie Loans is a different kind of mortgage broker, one that aims to make home buying easy, affordable, and accessible for all. Homie Cash is a revolutionary way for you to have an advantage in such a competitive market, where cash is king.
Why Homie Cash?
Almost 23%* of real estate transactions in the Denver Metro are cash sales – which is up almost 17% from last year. Data shows that buyers have a 3X chance of winning an offer when it’s a cash offer. Unfortunately, most home buyers – especially first time home buyers, do not have this cash on hand to be competitive in this market. That’s where Homie Cash can help.
What are the benefits of Homie Cash?
- Certainty: Homie Cash helps you search with certainty – you’ll get peace of mind knowing where you are moving before selling your home.
- Strength: You will also build strength by increasing your chances of getting your dream home, which is crucial in such a competitive and fast moving market.
- Optimization: Lastly, you’ll get your dream home faster and optimize your cash on hand. With closing in 21 days or less, you’ll deal with less closing and more living.
How does Homie Cash work? Homie Cash upgrades your offer to cash, which gives you a competitive advantage to other offers. Through Homie Loans, buyers are not charged any additional fees for using Homie Cash and have the possibility of closing in as little as 21 days. The only additional fee you’ll pay is the third party settlement fees such as title, insurance, and appraisal – which is typically between $1-2k.
- Get pre-approved: Go to homie.com/cash to get pre-approved for your cash offer.
- Make an offer: Once you find your dream home, a Homie** agent will help you put together an offer with a close of no less than 21 calendar days.
- Offer approved! The home will then go under contract and a Homie Loans representative will work to complete the loan application and process.
Other facts about Homie Cash:
- Program fee is $0 if you use Homie Loans
- It’s a full cash offer
- Up to $2,500 rebate for closing costs when bundling services**
- End-to-end transaction under one roof**
- No financing contingencies
- Close in as little as 21 days