RatePlug displays affordability information that has accelerated contact to contract by 15 percent. This powerful app will be offered as a no-cost member benefit beginning March 14. This valuable addition to the property reports you send through the MLS system includes mortgage payment and product information from your selected lending partners.
This system provides REALTORS® with an affiliated mortgage entity, the opportunity to display their Lender’s live mortgage payment and product information on reports and property flyers created with RatePlug for open houses and general marketing purposes. This gives homebuyers an accurate picture of monthly payments specific to the properties being considered. REALTORS® can focus upon the properties their clients can actually afford, which means more closed transactions.
For brokerages that do not have an affiliated mortgage group, RatePlug gives individual agents the option to choose and display payment information from Lenders the REALTORS® trust.
Some additional benefits for REALTORS®:
- Sell homes faster
- Choose the lender or lenders you want displayed
- Buyers can optimize available options to meet their financing requirements
- Property Flyer Program is included!
- Compliance protection (FTC-MAP, TRID, RESPA-TILA)
- Very simple and easy to use