Roam's Assumable Mortgage Platform

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a day ago

Summary

Roam simplifies homebuying by providing a platform for buyers to find and assume mortgages. This reduces fall-through rates and increases acceptance rates. The startup's platform also speeds up the process of becoming a homeowner, closing deals in just 45 days.

Key Points

Avoids fall-through rates: Roam's pre-approval feature ensures that buyers are approved before submitting an offer, reducing fall-through rates
Simplifies homebuying: Roam's platform makes it easier for buyers to find and assume mortgages
Speeds up the process: Roam claims to close deals in just 45 days, making the process faster than traditional methods

Why It Matters

Roam's platform has the potential to make a significant impact on the homebuying process by simplifying it and reducing fall-through rates.

Author

Mary Ann Azevedo

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