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MortgageMarket partnered with Vered Estates to launch Red Property Finance, a single-application home loan platform for major South African banks.
MortgageMarket has partnered with Vered Estates and launched Red Property Finance, a home-loan platform.
The platform lets buyers apply to major South African banks using one application.
MortgageMarket announced a strategic partnership with Vered Estates.
As part of the partnership, the companies launched Red Property Finance. The service is positioned as a home-loan platform that gives buyers access to major South African banks through a single application.
The service is available to buyers whether or not they purchase a property through Vered Estates.
Mortgage applications can require repeat paperwork across multiple banks. A single application can reduce duplication for buyers who want to compare options.
Making the service available even for buyers not using Vered Estates expands the potential market beyond the estate agency’s own property transactions.
Primary Source: Bizcommunity
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