Program offers cashback, concierge service, and tech-powered insights
Newrez has announced the launch of Newrez Home Rewards, a program designed to ease homeownership’s financial and logistical burdens.
Created in partnership with tech-enabled real estate platform Newzip, the program offers significant cost savings, personalized assistance, and data-driven insights.
Through Newrez Home Rewards, homebuyers can receive closing cost credits of up to 0.5% when buying, and 1% when selling a home. They’ll also be matched with a dedicated home advisor and provided with moving assistance to streamline the often-complex process.
“We are excited to launch Newrez Home Rewards as another key technology investment that empowers our clients to make the best financial decisions throughout their homeownership journey,” Newrez president Baron Silverstein said in a release. “In delivering a closing cost credit and a home concierge program through the Newzip partnership, we are furthering our commitment to our customers.”
The company said it aims to ease the financial commitment involved in homeownership by offering upfront savings and ongoing support through its concierge service. Newrez loan officers will also benefit from the program, gaining access to predictive analytics to help them better serve clients throughout their homebuying journey.
“We’re thrilled to partner with Newrez, an industry leader who is at the forefront of harnessing data and technology to generate value for their clients,” said Newzip CEO Adi Pavlovic. “We have a shared vision in elevating the real estate experience and look forward to joining forces and pioneering a new era of innovation in the industry.”
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