Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.

Real Estate

EasyKnock launches solution that lets homeowners lease back their home after selling

The new solution is now available in nine states

Residential sell and lease-back company EasyKnock has added another product to its portfolio. ReLEASE provides homeowners with the option to sell their home and rent it back from EasyKnock as long as they would like, the company said.

“We’re launching this product today because Americans need options now,” EasyKnock CEO Jarred Kessler said in a statement. “Historically, financing options have been limited and lending standards have not worked in favor of the consumer. EasyKnock is here to change this with solutions that help a wider range of homeowners achieve their goals. We want homeowners to feel their financial circumstances do not have to define them.”

The product is now available for qualified homeowners in Florida, Michigan, Arizona, Colorado, North Carolina, Tennessee, Utah, Texas, and Georgia. ReLEASE is the third solution EasyKnock offers to homeowners.

Sell and Stay and MoveAbility are its other products available to homeowners. Sell and Stay offers homeowners longer-term lease options with the opportunity to buy back their home, while MoveAbility enables greater flexibility for homeowners who want to sell but are waiting for the right time to move.

EasyKnock says hassle-free options provide customers with a competitive price on their house and can close in as few as seven days.

“As the nation faces a rise in forbearance and as credit inevitably tightens, U.S. homeowners are in greater need of flexible financial solutions,” the company said in a release. “With EasyKnock, customers can use the value of their home to pay down personal debt, invest in a business, diversify retirement portfolios, make a down payment on a new home, or relocate.”

Last month, Viola FinTech added $5 million to EasyKnock’s Series B funding round, bringing it to $25 million. Kessler said this round of funding with Viola FinTech will assist consumers who have faced economic uncertainty because of the pandemic.

Leave a comment

Most Popular Articles

Will we ever see a “normal” housing market again?

The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.

Jun 22, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please