Heads up, New Yorkers: Today, StreetEasy, the leading real estate website in New York City (and a Zillow, Inc. business), has added the ability to concurrently shop for a home and a mortgage, thanks to the addition of Zillow Mortgage Marketplace’s suite of mortgage rates and tools.
This will give home shoppers on StreetEasy access to real-time rates, as well as Zillow’s innovative mortgage shopping experience. Zillow Mortgage Marketplace will be available on the StreetEasy website and mobile Web.
Zillow Mortgage Marketplace is an open and transparent lending marketplace where borrowers anonymously connect with reputable lenders to find home loans and get the lowest mortgage rates. Prospective borrowers simply enter in their loan request information (without any personally identifiable information such as name, contact information or Social Security number) to get accurate home loan quotes (inclusive of rates and fees) from hundreds of lenders nationwide. Borrowers receive, on average, more than 30 customized loan quotes per loan request.
Alongside rates and fees, borrowers can compare individual lender ratings and reviews to help them choose the lender that best fits their needs. One important benefit of Zillow Mortgage Marketplace is that the borrower initiates the contact, so there’s no need to worry about lenders calling to try to win your business. It’s the best kind of loan shopping: hassle-free and no one calls you until you call them. In addition to shopping for purchase loans, StreetEasy users will also be able to shop for refinance loans, including refinance loans utilizing the Home Affordable Refinance Program (HARP) or the FHA Streamline Refinance program for underwater borrowers.
To check out StreetEasy’s new Zillow Mortgage Marketplace experience, visit http://streeteasy.com/nyc/mortgage_rates