Streamlining the Lender Workflow with Knock’s Instant Estimated Bridge Loan Numbers

Stacey Arenson  —  March 13, 2023

Homebuyers reviewing details

In today's ever-changing real estate market, time plays a crucial role for lending partners aiming to provide top-notch service to their clients. However, many workflows to qualify clients often prove burdensome and time-consuming. Recognizing this challenge, Knock is dedicated to addressing it through a more efficient solution.

Previously, our partners submitted their client's property to Knock and waited for a response from their assigned Loan Officer with initial figures to pass on to their clients. This process usually took several hours, hindering their ability to move their clients forward in a smooth and efficient process.

To address these challenges, Knock developed and launched an instant pre-qualification solution that provides estimated bridge loan numbers right away, on knock.com. Upon submission to see if the client qualifies for a Knock Bridge Loan, the lending partner will receive instant estimated Bridge Loan results, allowing them to proceed to work the numbers for their clients immediately. This eliminates the need to wait for a response from their assigned Knock Loan Officer, streamlining the process for a seamless solution.

Additionally, this solution provides lenders with the necessary information to make informed decisions, such as the max bridge loan amount, contract fee, bridge closing costs, funds available for the new home purchase, and more. This empowers lenders to provide accurate and timely assistance to their clients throughout the home buying process.

Benefits:
  • Instant estimated Bridge Loan numbers for lenders upon submitting client qualification information
  • Streamlined and seamless workflow, saving time and increasing efficiency
  • Accurate and reliable information to make informed decisions
  • Clear communication and transparency throughout the process
Desktop and mobile previews of Knock's Instant Bridge Loan estimates

Knock's instant estimated Bridge Loan figures transform the lender workflow by equipping lenders with essential tools and information to effectively support their clients. With this solution, we aim to enhance the home buying experience for both lenders and their clients, ultimately driving greater success and satisfaction in the home buying and selling process.

To learn more or see if your client qualifies, go to knock.com.


Knock Lending LLC
309 East Paces Ferry Rd NE, Suite 400. Atlanta, GA 30305
(866) 996-1695

Equal Housing Opportunity

Copyright © 2024 Knockaway, Inc. All rights reserved.

Please be advised that Knock Lending, LLC, Knock Homes, LLC and Knock Property 1, LLC are wholly owned subsidiaries of Knockaway, Inc.(collectively "Knock") and you are NOT required to transact with any of these entities as a condition of working with Knock.

Knock Property 1, LLC issues a Knock Purchase Offer ("KPO") on qualifying properties and charges a contract fee in connection with the KPO.

Knock Homes, LLC is a licensed real estate brokerage in Georgia (GA License #75392).

Equal housing lender. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and other underwriting requirements as determined by Knock Lending, LLC.

Knockaway, Inc. holds real estate brokerage licenses in multiple states