What is RateSpeed?‚
August 14th, 2008 Categories: Consumer Information, Front Page, Mortgage Professionals
RateSpeed‚ was developed in response to what appear to be two opposing mortgage market forces: The consumer‚ need for transparency, and the professional‚ need for efficiency. The result is a new breed of search technology that aggregates and re-displays wholesale-direct mortgage rate and pricing information for consumers and professionals alike.
FOR CONSUMERS
With RateSpeed,‚ mortgage shopping is fast, free, and anonymous‚requiring only the essential property, credit, and financial information banks need to accurately price a loan.
More importantly, the results returned by RateSpeed‚ are guaranteed free from broker, banker, or third-party manipulation, which means: 1) You get to see the real rates you actually qualify for, and 2) No one gets your name, your social security number, or your home phone until they‚ve earned your business‚which starts by earning your trust.
FOR MORTGAGE PROS
RateSpeed‚ is an embeddable web application‚not a destination search site‚designed to run on your existing website using your current list of approved lenders and programs. A single search yields best-case rate and pricing for Prime, Sub-Prime, Alt-A, and FHA loans‚all in real-time. But that‚ just technology; the real magic is in the marketing.
In an industry defined by distrust, running RateSpeed‚ lets consumers know you‚re an honest broker competing on transparency and service, rather than sleight of hand. So while your competition is stuck in the Stone Age, chasing burnt-out leads to practice the ‚Äúart of the deal,‚ RateSpeed‚ is working around the clock cultivating clients and building your brand‚leaving you free to focus on closing more loans. RateSpeed‚ is more than just a transparent pricing engine‚it may well be the ultimate mortgage marketing platform.
But for all its groundbreaking features and technology, what makes RateSpeed‚ unique is the way it leverages transparency to actually bring consumers and brokers together as allies, rather than adversaries.
What RateSpeed‚ offers consumers in the way of unprecedented transparency, mortgage pros stand to gain in newfound efficiency‚making RateSpeed‚ the elusive win-win technology that can drive real and positive change in the mortgage industry.
