Neat Capital Launches Three-Minute Pre-Approval Home Loan Application

BOULDER, Colo. (PRWEB) April 04, 2019

Fintech company Neat Capital LLC today announced the launch of an instant-pre approval digital application that takes bowers an unprecedented just three minutes to complete using only a soft credit pull. The mobile experience delivers a pre-approval letter straight to a borrower's phone--where most mortgage applications are initiated.

The app is designed for borrowers actively looking for homes who need to receive a pre-approval letter in real-time.

Often, filling out a pre-approval application and having to wait for a person to contact the applicant over a weekend, when most buyers are visiting homes, causes a delay that could lose them valuable time in submitting a winning bid. This technology allows buyers to gain a competitive edge by being the first to make an offer.

By only requiring a soft-credit pull, the app is valuable for buyers who may need to make multiple offers in highly competitive markets, which remains critical as low inventory continues to be a top housing trend in 2019.

"This innovative application will be a major benefit to home buyers who need to act fast or risk losing their dream home," said Loan Officer Justin Carmichael. "This solution allows me to provide 24-7 service to my clients, even when I'm not available. This will make a huge difference where timing is critical."

This application is seamlessly integrated with Neat Capital's one session lending platform, which provides clients with the ability to provide a fully underwritten cash-like offer.

About Neat Capital
Neat Capital is a fintech company founded in 2015 by mortgage industry experts using technology to achieve unparalleled speed, certainty and transparency in home financing. The company is based in Boulder, CO.

Media Contact
Matuya Brand
press(at)neatcapital(dot)com
SOURCE: Neat Capital

Read the full story at https://www.prweb.com/releases/neat_capital_launches_three_minute_pre_approval_home_loan_application/prweb16210602.htm

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