RatePlug gives homebuyers live, accurate mortgage payment information from your preferred lenders and also notifies the buyer if the property is eligible for special financing. This information helps to qualify more buyers and close deals faster. Showing rates from your lenders helps to ensure that buyers are getting financing from someone you trust.
RatePlug Places Live Payment Calculators on Your MRED Listings
RatePlug's accurate monthly cost-to-own estimates are customized with rates and products from your trusted lenders. And there is no cost to you to activate RatePlug. It is already included with your MRED subscription. Simply activate RatePlug to get started.
New Virtual Property Flyer Feature
Keep Vital Information Flowing to Buyers
The new Virtual Flyer is ideal for an Agent's virtual tours and open house events. This online tool keeps fresh property and payment information flowing to homebuyers. The listing Agent will automatically receive a link to the flyer which they can send to prospective buyers. Other features include:
- Easy Export to Social Media � Also SEO friendly link.
- Share with potential Buyers for Virtual, Streaming or in-person Open House
- Use with Showings to help buyers understands special finance options available.
- All information on the Flyer is dynamic and updated in Real-Time.
- Buyer can interact directly with Agent or Loan Officer.
Custom Real Estate Flyers Included
When you list a new property on MRED, RatePlug also allows your loan officer to create custom flyers for your listing that include their mortgage information.
Not Just Another Loan Calculator
Unlike typical mortgage calculators, RatePlug leverages the full property details, and your lender's real rates and products. It also accounts for special financing like USDA -- Zero Down Payment, VA and FHA loan eligibility. This means homebuyers get an accurate cost and are more likely to be well qualified buyers when they contact you.
RatePlug Advantages
- Accurate costs and special financing options help you close sales faster
- No worries about sending buyers to lenders you don't know
- RatePlug payment calculator is automatically displayed in MRED
- Create custom flyers with estimated loan payments from your lenders
- All compliance handled by the RatePlug system
- There is no cost to you to activate or use RatePlug
*Loan Officers are required to pay a license fee to be displayed
Dynamic FHA Information at Your Fingertips
For approved MLS markets and Associations of Realtors, RatePlug has streamlined access to FHA approved condominiums. For each condominium listing, agents can click through to see the eligibility report.
If the condominium listed is FHA approved and eligible, RatePlug displays valuable information never before available such as:
Owner occupancy percentage
Percentage of FHA loans within the association
Number of Units in the association
Decertification date
Maximum FHA loan amount
Legal name of the association
If the FHA loan on the unit is assumable
