• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Higher Launches One Day Mortgage

SB Crypto Guru News by SB Crypto Guru News
January 27, 2023
in DeFi
0 0
0
Higher Launches One Day Mortgage


  • Digital mortgage lending firm Higher launched a brand new product, One Day Mortgage, that provides debtors a mortgage dedication letter inside 24 hours of making use of for a mortgage.
  • Throughout a interval of beta testing, Higher reported that it processed over $50 million in commitments, providing dedication letters in a median of 12 hours.
  • To qualify for the One Day Mortgage, debtors have to be salaried, make a down fee of a minimum of 3%, and add required paperwork inside 4 hours.

Digital mortgage lending firm Higher launched One Day Mortgage, a brand new software that does what it says– it allows debtors to get a mortgage in a single day.

Utilizing One Day Mortgage, house mortgage debtors can get pre-approved, lock-in their price, and obtain a mortgage dedication letter, all inside 24 hours. This timeframe is weeks quicker than the trade common of greater than 30 days.

Right this moment’s announcement comes a few weeks after Higher first launched the service in beta to a small group of consumers. Since then, Higher has processed over $50 million in commitments from its One Day Mortgage product. What’s extra, it has helped prospects obtain a dedication letter in a median of 12 hours.

The One Day Mortgages can be found to debtors working in a salaried job and making a downpayment of a minimum of 3% on a Fannie Mae or Freddie Mac mortgage. To additional qualify, candidates should present requested paperwork– together with pay stubs, W2s, financial institution statements, and extra– inside 4 hours of locking of their price.

Higher’s One Day Mortgage product is a pretty big step ahead for the mortgage trade, which has not seen a lot innovation up to now decade, regardless of the onslaught of recent enabling applied sciences. The quick turnaround is made potential by Higher’s digital-first strategy that takes place utterly on-line. This mannequin enhances the person expertise by providing a totally digital doc add and monitoring software.

“One Day Mortgage unlocks all of it,” stated Higher shareholder and Associate at Novator Capital Prabhu Narasimhan. “It takes away the weeks of uncertainty that permeate your complete actual property transaction. If we will execute mortgage commitments in someday and closings in three days, we will full complete transactions in lower than one week to make your complete course of higher.”

Providing prospects a mortgage dedication letter inside 24 hours is definitely a aggressive benefit for Higher. As firm chairman Harit Talwar defined, “This milestone will add immense worth to the patron, create a major strategic moat for Higher, and be a close to not possible act for rivals to observe.” And he’s most definitely proper– in the intervening time. We most likely received’t see different mortgage lenders providing 24-hour mortgage loans any time quickly, nevertheless it’s fairly potential the brand new providing shall be trade commonplace by the top of the last decade.

Based in 2016, Higher has seen its share of hardships up to now yr. Final yr, Higher carried out its fourth spherical of layoffs in lower than 9 months, letting go of virtually 4,000 workers throughout that point. What’s extra, the corporate’s CEO Vishal Garg made headlines quite a few instances final yr for his contributions to what workers described as a poisonous work setting.


Photograph by JESHOOTS.COM on Unsplash



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesdayLatest News on CryptoLaunchesMortgageSB Crypto Guru News
Previous Post

Crypto Markets Shrug Off Newest US Productiveness, Jobs Information; Bitcoin’s Value Hovers at $22.9K

Next Post

Bitcoin Value Holds Key Help However The Bulls Appear To Be Shedding Steam

Next Post
Bitcoin Value Holds Key Help However The Bulls Appear To Be Shedding Steam

Bitcoin Value Holds Key Help However The Bulls Appear To Be Shedding Steam

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics — Analyst Explains

Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics — Analyst Explains

0
Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

0
A New Era Of Intellectual Sovereignty

A New Era Of Intellectual Sovereignty

0
How Bitcoin Can Buy You a House: My Personal Guide to Crypto-Backed Mortgages | by Blend Visions | The Capital | Jun, 2025

How Bitcoin Can Buy You a House: My Personal Guide to Crypto-Backed Mortgages | by Blend Visions | The Capital | Jun, 2025

0
Glastonbury is over—but what might it look like in the future? Artists are proposing a sustainable model – The Art Newspaper

Glastonbury is over—but what might it look like in the future? Artists are proposing a sustainable model – The Art Newspaper

0
Bitcoin’s True Value Is Higher Than 0,000, Expert Warns

Bitcoin’s True Value Is Higher Than $110,000, Expert Warns

0
Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics — Analyst Explains

Why Satoshi-Era Bitcoin Are Relevant To Market Dynamics — Analyst Explains

July 6, 2025
Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

July 6, 2025
Bitcoin’s True Value Is Higher Than 0,000, Expert Warns

Bitcoin’s True Value Is Higher Than $110,000, Expert Warns

July 6, 2025
Best Crypto Signals Telegram Groups for Profitable Trading in 2025

Best Crypto Signals Telegram Groups for Profitable Trading in 2025

July 6, 2025
Canadian Woman Sues After .3M in Bitcoin Vanishes in SIM-Swap Scam

Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam

July 6, 2025
Whales Quietly Hand Off Billions to Institutions

Whales Quietly Hand Off Billions to Institutions

July 6, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.