Atlantic Home Mortgage has launched Lendtrain, a platform that enables homeowners check an estimated refinance quote online in about 30 seconds.
According to the Alpharetta, Georgia-bases company, Lendtrain shows estimated wholesale refinance rates, estimated closing costs, monthly payment comparisons, and break-even timing. Users do not need to fill out applications or undergo a credit check to see an initial quote.
Lendtrain was created as Atlantic Home Mortgage’s refinance-only consumer platform for homeowners comparing rate-and-term refinance, cash-out refinance, VA streamline refinance, and jumbo refinance scenarios. The platform currently supports refinance quote scenarios for homeowners in Alabama, Florida, Georgia, Kentucky, North Carolina, Oregon, South Carolina, Tennessee, Texas, and Utah.
“Most homeowners do not need a sales call just to find out whether a refinance is worth exploring,” said Tony Davis, founder of Lendtrain. “They need a fast, transparent estimate that shows the rate, closing costs, monthly savings, and break-even point before they commit.”
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