In January 2020, the National Association of Realtors (NAR) announced a new strategic partnership with Patch Homes, a membership-based home-equity sharing platform, to become its exclusive mortgage provider. The partnership is part of NAR’s commitment to provide its members with access to new technology and services that will help them succeed in the ever-changing real estate marketplace.
Patch Homes is a new kind of home-equity sharing platform that allows members to access the equity in their homes without taking on debt or selling their home.Patch Homes will work with NAR’s 1.3 million members to help them buy, sell, or refinance their homes. NAR members will have access to Patch Homes’ technology and services, as well as its network of lenders, real estate agents, and home service providers.
The partnership between NAR and Patch Homes will provide NAR members with access to a new financing option that can help them succeed in the ever-changing real estate marketplace.
You can read this full article at: https://www.housingwire.com/articles/naf-partners-with-patch-to-become-its-exclusive-mortgage-provider/(subscription required)
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