New integration between Lone Wolf Transactions and Better
provides over 700,000 agents in the U.S. with a simpler mortgage
prequalification process for their clients with more partners to
come
DALLAS and CAMBRIDGE, ON , Dec. 5, 2023
/PRNewswire/ -- Lone Wolf Technologies ("Lone Wolf") is thrilled to
announce a new integration for Lone Wolf Transactions (zipForm
Edition) and Lone Wolf Transactions (TransactionDesk Edition):
Mortgage prequalification. The new integration opens the door for a
range of mortgage partners to connect to the system over the next
several months, starting today with Better (NASDAQ: BETR, BETRW), a
leading digital-first homeownership company. With this integration,
over 700,000 users in the U.S. will be able to help their clients
get prequalified for a mortgage in the same system they're already
using for offers, contracts, and signatures.
Better joins over 30 technology companies in Lone Wolf
Marketplace, a catalog of partner integrations built directly into
Transactions and provided to over 1,000 MLSs and associations and
more than 700,000 agents in the U.S. This connection between
Better's industry-leading digital mortgage solution and the leading
provider of forms and transaction management software gives agents
and brokers a unique advantage in a competitive market by
empowering them to provide their clients with a connected
prequalification and loan origination process that can
significantly speed up closing times and improve overall
experiences.
Marketplace also gives Transactions users access to critical
closing and client services, including rental screening, earnest
money deposit, commission advances, disclosures, home warranty,
home insurance, and moving services, to bolster their transaction
experience. These integrations join in-house connections to Lone
Wolf's CRM, CMA, advertising, and back office solutions, LionDesk
and Propertybase, Cloud CMA, Boost, and Back Office respectively,
to provide agents and brokers with a complete—and completely
connected—system for their entire real estate business, from the
first impression to the final contract and commission check.
"Adding this integration to Transactions will bring our
customers even more value in their trusted transaction management
solution," said Jimmy Kelly, CEO of
Lone Wolf. "When agents and brokers have everything they need for
their client experience in one place, they can quickly capitalize
on opportunities, cross every T, and dot every I along the way.
We're pleased to launch this integration with a great partner in
Better and look forward to working directly with real estate
brokerages and organizations across the country to bring their
preferred partners into the solution as well."
"We are thrilled to partner with Lone Wolf and bring this
agent-first integration to market in pursuit of our mission to make
homeownership cheaper, faster, and easier for Americans," said
Vishal Garg, CEO and founder of
Better. "Agents play a crucial role in the home purchase process,
and in the current interest rate environment, we expect mortgage
volume to be predominantly purchase transactions for the
foreseeable future. Lone Wolf has paved the way for innovation in
real estate software and combining forces allows us to provide
agents with game-changing technology to close more home purchase
transactions than ever before."
The new integration provides Transactions users with a simple
path to helping their clients get a mortgage prequalification and
stay up to date on the status of the loan. In Transactions, a user
will initiate a request for a prequalified letter from their buyer
client. The buyer will then receive mortgage provider selections
from their agent. When the buyer chooses a provider, that provider
then begins direct communications with the buyer to process their
prequalification letter. When complete, the letter is shared
directly with the agent for their records. Further, as the loan
process progresses, the agent will see the status of the loan in
Transactions in near-real time. In connecting with Better, a
technology leader dedicated to making it more accessible for all
Americans to own a home, Lone Wolf is making the process of finding
a home easier as well.
"Real estate has undergone significant change in the past
several years," said Jake Hamilton,
Senior Vice President of Strategy at Lone Wolf. "There is now a
much greater need for software that effortlessly connects the
various people, products, and processes involved to make it easier
than ever to buy and sell homes. With its built-in connections to
Lone Wolf's leading software, and its seamless integrations to top
partners like Better, Transactions is the only real estate
transaction management solution capable of doing this, the only one
that can meet the digital demands of the present and the
future."
Media contacts:
Lone Wolf:
Nick Gaede | Industry Relations
E: ngaede@lwolf.com
Better:
Nneka Etoniru | Bevel
E: better@bevelpr.com
About Lone Wolf Technologies
Lone Wolf Technologies is the North American leader in
residential real estate software, serving over 1.5 million real
estate professionals across Canada, the U.S., and Latin America. With cloud solutions for
agents, brokers, franchises, MLSs, and associations alike, the
company provides the entire real estate industry with the tools
they need to amaze clients, build their business, and improve
profits—from transactions to back office, insights, and more, all
in one place. Lone Wolf's head offices are in Cambridge, ON, and Dallas, TX.
About Better
Since 2017, Better Home & Finance Holding Company (NASDAQ:
BETR) has leveraged its industry-leading technology platform,
Tinman™, to fund more than $100
billion in mortgage volume. Tinman™ allows customers to see
their rate options in seconds, get pre-approved in minutes, lock in
rates and close their loan in as little as three weeks. Better's
mortgage offerings include GSE-conforming mortgage loans, FHA and
VA loans, and jumbo mortgage loans. Better launched its "One-Day
Mortgage" program in January 2023,
which allows eligible customers to "go from click to Commitment
Letter" all within 24 hours. From 2019-2022, Better completed
approximately $98 billion in mortgage
volume and $39 billion in coverage
written through its insurance arm, Better Cover. Better was named
Best Online Mortgage Lender by Forbes and Best Mortgage Lender for
Affordability by WSJ in 2023, and ranked #1 on LinkedIn's Top
Startups List for 2021 and 2020, #1 on Fortune's Best Small and
Medium Workplaces in New York, #15
on CNBC's Disruptor 50 2020 list, and was listed on Forbes FinTech
50 for 2020. Better serves customers in all 50 US states and the
United Kingdom. For more
information, follow @betterdotcom.
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SOURCE Lone Wolf Technologies