Eligible borrowers will be able to close on a winning bid with the same cash to close, monthly payment and interest rate — even if the appraisal comes in low.
Source: Inman News
Tomo is launching an appraisal coverage guarantee for homebuyers
More from appraisalMore posts in appraisal »
- More tech vendors approved to support appraisal-free mortgages
- Software vendors gear up to support appraisal-free mortgages
- Real Matters hires new chief financial officer as revenue dwindles
- Those claims of appraisal bias? Another study backs them up
- Help your buyers decide whether or not to waive the appraisal contingency
More from Buyers ToolsMore posts in Buyers Tools »
- Calque partnering up with lenders on ‘buy before you sell’ services
- Zavvie to power cash offers for American Financial Network
- Better hiring real estate agents to originate mortgages in 26 states
- NAR settlement may disrupt mortgage partner agent programs
- Biden’s relaxed new Freddie, Fannie refi requirements irk title industry
More from Greg SchwartzMore posts in Greg Schwartz »
- Greg Schwartz’s Tomo launches AI-powered home search platform
- Tomo enters 5 new states, launches real-time preapproval process
- Tomo’s new Lock and Shop: lock a rate now without a property address
- Tomo cuts almost 1/3 of workforce, dials back expansion plans
- Tomo provides mortgages in 9 states, adds Georgia, North Carolina
More from MortgageMore posts in Mortgage »
- Maxwell’s AI tool probes inner workings of mortgage lending
- UHM revamps leadership team to support growing national footprint
- Lamacchia: ‘Nothing’s changed’ about mortgage commission rules
- Digital insurance marketplace Matic grows mortgage clientele
- Shape real estate’s future: Take the Inman Intel Index survey for April
More from SelectMore posts in Select »
- New San Francisco showroom offers private islands and yachts
- California Association of Realtors CEO resigns after 2 years
- Maxwell’s AI tool probes inner workings of mortgage lending
- Decades of NAR membership data has vanished amid enrollment dip
- Sign a buyer brokerage agreement to see a property? No way!
More from TomoMore posts in Tomo »
- Greg Schwartz’s Tomo launches AI-powered home search platform
- The biggest mortgage, lending and housing finance stories of 2022
- Real estate in 2022: When the #@!$ finally hit the fan
- Tomo enters 5 new states, launches real-time preapproval process
- Mortgage is the new money pit for portals: Mike DelPrete
Be First to Comment