REAMA makes it easy for Real Estate Agents and Homebuyers to compare loan pre-approvals to individual home financial estimates in real time. While shopping for homes, there are 2 major questions a home buyer normally asks their agent when they see a house they like:
(1) What would my monthly payment be?
(2) How much money will I need at signing?
An agent’s response is usually, “We would need to contact your loan officer”.
REAMA was designed to assist real estate agents in answering these common questions and differentiate themselves from the rest by providing a personalized snapshot of finances for each unique home buyer.
1) Calculates estimated monthly payment and cash required compared to the homebuyer’s pre-approval without having to wait on the loan officer
2) Shows the homebuyer the differences in payments between houses
3) Shows estimated cash required for all homes
4) Shows the homebuyer how the payment affects their bottom line within their budget
5) Makes the real estate agent and homebuyer feel at ease in deciding to put in an offer as soon as possible
1) Real Estate Agent JOINS REAMA
2) Real Estate Agent creates a home buyer’s profile with all pre-approval information and closing cost estimates received from the Loan Officer
3) Real Estate Agent adds properties based on homebuyer interests
4) Home buyer is invited to their personalized profile
5) Real Estate Agent assigns property to a home buyer and...
*VIOLA*
REAMA calculates real-time personalized estimates
REAMA app was created by a mortgage professional with over 30 years of experience, who specializes in purchase transactions for first time and repeat homebuyers. Every day, homebuyers and agents are calling mortgage professionals inquiring about monthly payments and cash required for their purchases. Responding in a timely fashion can be challenging, to say the least.
so REAMA was created!
Real Estate agents and Mortgage Loan Officers work hand in hand to provide customer service to their clients. The agent will feel like a hero and will help the home buying process be a smooth transaction. The homebuyer will have a sense of understanding and peace that they are making an informed decision.
The REAMA app makes this happen with convenience and instant estimates at the click of a button.
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