Tagged: real estate

Landbay Set to Offer Up to 25-Year Mortgage Terms Starting January 2018

Last week, peer-to-peer lender Landbay announced it will be offering up to 25-year mortgage terms starting in January 2018. The lending platform revealed in a blog post: “After listening to feedback from our network of specialist broker partners, and in light of our own industry knowledge… Read More

LendInvest Launches Buy-to-Let Loans for Professional Landlords & Investors in England, Wales, & Scotland

LendInvest, a specialist property finance lender, announced on Thursday it has launched a buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland. According to the platform, BTL loans are available for amounts between £50,000 and £5… Read More

Real Estate investment Platform Sharestates Launches One Click Closing Option

Sharestates, an online real estate investment marketplace, announced on Thursday the launch of its new One Click Closing tool, which is described as a feature that will allow return borrowers to visit a page where they can upload all the details and documents required for… Read More

Real Estate Fintech Firm Unison Announces 2018 Expansion Plans

On Monday, home ownership investment platform Unison announced 2018 expansion plans. As previously reported, Unison has created a new option for homeownership beyond the traditional mortgage route. By becoming a co-investor in the house, Unison is shouldering the risk side-by-side with the owner. They are betting that… Read More

CrowdStreet Announces Leadership Team Expansion & Advisory Board Formation

Real estate crowdfunding platform CrowdStreet announced on Tuesday it has enhanced its leadership team with the addition of two senior-level executive hires and has formed its new advisory board. The funding portal revealed Molly Moore, was appointed as its new Chief Marketing Officer while Rohit Colaco… Read More

CommonLoan Marketplace Milestone: Over $680 Million in Loans Processed

Commercial real estate lending platform CommLoan announced on Monday it has successfully processed more than $680 million in loans since its launch in 2014. The lender, which is headquartered in Scottsdale, Arizona, revealed it has developed a commercial mortgage lending technology platform called CUPID, which matches borrowers… Read More

Online Lender Better Mortgage Names Jeff Corbett New Director of Business Development

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero loan officer commissions, announced on Friday it has appointed Jeff Corbett as its Director of Business Development and adding him to its growing Strategic Partnership team. According… Read More

First RealFund Debuts Invest-Aligned Commercial Real Estate Crowdfunding Platform

First RealFund (FRF), a commercial real estate crowdfunding platform headquartered in New York City, announced its public launch on Tuesday. The online platform reported it will provide qualified, accredited investors with opportunities to co-invest with FRF in professionally vetted offerings backed by leading real estate… Read More

LendingHome Surpasses $100 Million Mark in Monthly Loan Volume & Secures $57 Million During Series C-2 Funding Round

Less than a week after announcing its new office in Pittsburgh, real estate marketplace lending platform LendingHome announced it has surpassed $100 million in monthly loan volume and secured $57 million during its Series C-2 funding round, which included participation from Sberbank and Noah Holdings Limited. … Read More

Fintech Firm eOriginal Teams Up With Quicken Loans For New Online Mortgage Process

Fintech firm eOriginal announced on Tuesday it has formed a partnership with mortgage giant Quicken Loans to complete the final steps of its new online mortgage process to create an electronic note, and securely store as an authoritative copy with delivery to both custodians and… Read More

Overfunding: Hybrid Estate Agent Vesper Secures £100,000 Funding Target on Seedrs

Hybrid estate agent, Vesper Homes, has successfully secured its initial 100,000 funding target on Seedrs thanks to nearly 100 investors. As previously reported, Vesper stated that it offers users all of the same services as a local estate agent, but with a saving of 50% on fees…. Read More

LendingHome Expands: Opens New Office in Pittsburgh

Marketplace lending platform LendingHome announced on Wednesday it has expanded operations by opening its new office in Pittsburgh. The online lender revealed it plans to bring a total of 50 well-paying financial technology jobs to Pittsburgh over the next year.  Co-Founder and CEO Matt Humphrey, who is Pittsburgh native… Read More

Money360 Completes Over $100 Million in Loans in 2017’s Third Quarter

Real estate marketplace lender Money360 announced on Monday it completed more than $100 million in loans during the third quarter of 2017. The platform revealed that the amount brings its total loan closings to over $450 million, with a target of $600 million in transactions… Read More

Real Estate Crowdfunding Platform RealtyShares Finances Several Commercial Properties in Texas

Real estate crowdfunding platform RealtyShares announced last week it has financed several commercial properties in Texas. The funding portal revealed that a total of $10.1 million was raised for Sheraton DFW Airport Hotel and Texarkana Multifamily Portfolio. RealtyShares reported that it secured $2.4 million equity investment… Read More

CMG Financial’s Christopher George On HomeFundMe Launch: Our Tag Line Is, “Fund Your Way Home” (Video)

Following the launch of CMG Financial’s crowdfunding platform HomeFundMe, CEO of the mortgage-banking firm, Christopher George sat down with CNBC to share more details about the new funding portal. As previously reported, HomeFundMe helps potential homeowners increase the amount of their down payment – resulting in more buying… Read More

CMG Financial Launches New Crowdfunding Platform For Mortgage Payments “HomeFundMe”

On Monday, privately held mortgage-banking firm CMG Financial announced the launch of its new crowdfunding platform mortgage payments, HomeFundMe. The company claims HomeFundMe is the first industry approved crowdfunding service providing homebuyers the support, education, and platform they need to crowdfund a mortgage down payment. CMG Financial… Read More

Assetz Capital Lowers Commercial Mortgage Interest Rate From 7.9% to 6.9%

Assetz Capital, one of the UK’s fastest growing peer-to-peer finance platforms and the largest property backed peer-to-peer lender, announced on Friday it has lowered its entry interest rate for commercial mortgages from 7.9% to 6.9% in an unprecedented move to give access to even lower rates… Read More

LendInvest Releases Latest Buy-to-Let Index Report That Revealed Northern Markets Challenge the South East

Marketplace lending platform LendInvest announced on Friday it has released the latest LendInvest Buy-to-Let Index report with a spotlight on university towns. Published quarterly, the LendInvest Buy-to-Let Index notably ranks each postcode area around England and Wales based on a combination of four critical metrics:… Read More

ArborCrowd Announces $40.8 Million Multifamily Real Estate Deal

Commercial real estate crowdfunding platform ArborCrowd announced on Tuesday it is now offering a $40.8 million multifamily real estate deal to investors. The property, Quarry Station Apartments, is located in San Antonio, Texas. According to ArborCrowd, Quarry Station was built in 1993 and has 18 buildings… Read More

Patch of Land Announces New AutoInvest Feature

Online real estate marketplace Patch of Land announced on Monday the launch of its new platform feature, AutoInvest. According to the lender, AutoInvest automatically secures access to the platform’s investment opportunities that match participants’ pre-selected customized investment criteria. Additionally, the feature facilitates portfolio diversification with… Read More