RatePlug

RatePlug Marketing Program

RatePlug enables the flow of real time housing payment information into MLS Property Search Systems in order to help Real Estate Agents & Homebuyers more effectively search for properties that fall within the Homebuyer’s affordability range. The system uses live lending data from lenders, who are referred by the participat- ing Real Estate Agents and Brokers, in order to render an accurate estimate of what the ‘total’ monthly housing payment will be for each property viewed. This information is critical to a buyer since 9 out of 10 buyers will require mortgage financing in order to purchase a home.

The system also displays special financing options such as qualified FHA programs, USDA and other unique Lender portfolio products. RatePlug is currently being utilized by over 24 MLS organizations across the country supporting more than 500,000 Agents by improving the mortgage process for homebuyers. RatePlug’s goal is to provide better information to homebuyers at the very beginning of the real estate buying process so that sound, knowledgeable decisions are made about housing affordability.

The system also includes marketing flyers for a participating Agent’s listings which the lender can create and deliver in seconds.

This service is provided to the MLS organization & their Broker and Agent members at no additional cost.