Redfin Mortgage expands operations to Illinois

Redfin Mortgage is offering loans to Illinois homebuyers and plans to extend into additional markets in 2018.

Redfin is offering 30-year and 15-year fixed rate mortgages and adjustable rate mortgages.   File photo

Redfin Mortgage is offering loans to Illinois homebuyers and plans to extend into additional markets in 2018. 

The real estate brokerage launched Redfin Mortgage in January, starting with loans to Redfin customers in Texas. The company has since extended its lending operations to Illinois and hopes to move on to Virginia in the coming year.

The company works hard to team homebuyers with Redfin agents to seamlessly integrate the brokerage operation. Redfin is offering 30-year and 15-year fixed rate mortgages and adjustable rate mortgages. 

“In the current competitive real estate market, a fully underwritten pre-approval gives the homebuyer an edge by earning the seller’s confidence that the loan will be approved quickly and the sale will close on time,” Jason Bateman, head of Redfin Mortgage, said in a press release. “In a bidding war, a buyer with a fully underwritten pre-approval can consider waiving the financing contingency to make their offer nearly as appealing to a seller as an all-cash offer.”

In addition to the fixed rates and preapprovals, Redfin offers low rates, transparent pricing, and a commitment to offering the best customer service. Redfin agents are dedicated to offering the best combination of service and rates for any homebuyers budget.

For more information, visit www.redfin.com/mortgage.

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