Now Borrowers Can Shop 1000+ Loans with One Single Application – Saving Time and Money
San Francisco, CA – (October 13, 2016) – Sindeo (www.sindeo.com), the modern mortgage marketplace, today announced the launch of its newest technology, SindeoOne. With SindeoOne, homebuyers and homeowners looking to refinance can shop and compare over 1000 loan programs by filling out a single application in just 5 minutes – saving them time as well as money, thanks to the ability to find the loan that best suits their unique needs.
How does it work?
The prospective borrower starts their mortgage application through an intuitive tap-and-go interface on any phone, tablet or desktop. Sindeo uses this information to compare rates across its more than 1,000 loan programs, generating a personalized recommendation that includes all the information needed to help borrowers make a true “apples-to-apples” comparison of loan programs and select the loan type, term and rate that best suits their unique needs.
SindeoOne then guides borrowers through each step of the application process, complete with tips to help them navigate each question and understand how their choices impact their mortgage. Once the application is complete, Sindeo automatically generates a credit report and initiates the underwriting process, instantly verifying eligibility. Gone are the days of completing endless “one off” applications — Sindeo’s integrated process generates a single application that fulfills the needs of multiple lenders and can be completed in as little as 5 minutes, from any device.
The Sindeo difference: “high tech, high touch”
Supplementing this technology is a unique advantage — a dedicated Sindeo Mortgage Advisor, whose compensation is directly linked to customer satisfaction, available to answer questions and guide the process to closure, in as little as 15 days. To support these advisors, Sindeo has developed a proprietary back-end platform that dynamically updates the Mortgage Advisor’s workflow to match the needs of each individual client’s loan, improving the efficiency and accuracy of the loan process.
Watch a demo: See how Sindeo completes a full loan application, pulls credit, automates underwriting and generates a letter for their real estate agent in just 5 minutes with this sneak peek video from FinovateFall.
“Sindeo is truly revolutionizing the home financing experience for homebuyers,” said Janelle Boyenga, co-owner of Boyenga Keller Williams Silicon Valley Real Estate. “They have taken what has historically been a stressful and confusing process and made it intuitive and easy. I am impressed with Sindeo’s innovative approach to guiding homebuyers through the mortgage application process, making it simpler and more efficient.”
“We’re removing the anxiety and hassle associated with getting a mortgage,” said Sindeo’s co-founder and CEO, Nick Stamos. “By combining technology with a new service model, we’re creating happier, more educated borrowers. Sindeo’s satisfaction scores are 3x higher than industry averages and we’ve saved our customers an estimated $17 million by getting them a better mortgage.”
About Sindeo
Sindeo provides homebuyers and homeowners looking to refinance a better way to get a mortgage. By providing its customers with access to a broad marketplace of lenders and loan products, expert and unbiased guidance from Mortgage Advisors dedicated to customer satisfaction, and innovative technology that streamlines every part of the mortgage process, Sindeo has completely reinvented the mortgage experience. Sindeo was recently named to REach® Real Estate Accelerator’s Class of 2016 by Second Century Ventures and the National Association of REALTORS®, the largest trade association in the world, and was named one of the 2016 Bay Area Best Places To Work, an awards program presented by the San Francisco Business Times and the Silicon Valley Business Journal. Headquartered in San Francisco, Sindeo is privately held. For more information, visit sindeo.com.
