North Carolina launch announced
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Redfin Mortgage has expanded to another market with its launch in North Carolina.
It offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes in every one of the eight states where it now operates.
The real estate brokerage entered the mortgage business in January 2017 and aims to eventually offer a fully digital service.
The firm guarantees to close loans within 25 days or pay a $1,000 credit towards the borrower’s closing costs.
"The Redfin Mortgage closing guarantee gives homebuyers an edge if they're bidding on a home that has multiple offers," said Jason Bateman, head of Redfin Mortgage.
The firm is planning to expand to a further eight states in the coming months.
