Zillow Home Loans launches to improve Zillow Offers

April 2, 2019
Share this Post: 

Zillow Group has recently launched a new service to help boost its successful Zillow Offers. Zillow Home Loans is here to simplify and streamline mortgage experience to its customers. Prospective home buyers who visit the Zillow platform to look for a mortgage can now get financing directly from Zillow Home Loans.

Financing is one of the more daunting aspects of buying a home. According to the 2018 Zillow Group Report on Consumer Housing Trends, most buyers worry they won't qualify for a mortgage.

Zillow Home Loans looks to address that. Customers using Zillow can experience a simpler and shortened real estate transaction with the consistent quality that users expect from the Zillow brand.

"Getting a mortgage is often the hardest, most complicated part of buying a home. Since our inception, Zillow has been empowering people with information and resources to make smarter real estate decisions, including helping borrowers shop for the best lender and loan for their new home," said Erin Lantz, vice president and general manager of mortgages at Zillow Group. "With Zillow Home Loans we are taking an incredible step forward to deliver an integrated payments platform to complete the financing for Zillow Offers that delivers a more seamless, on-demand real estate experience today's consumers expect. We continue to offer consumers the power of choice to shop for loans directly through Zillow Home Loans or through our popular mortgage marketplace."

Those already owning a home that have used Zillow Offers to sell their property can easily secure their financing through this new service to give them more of a cushion when navigating the already stressful hurdle of selling their existing home while simultaneously shopping for a new one to move into.

Consumers who are looking at purchasing a Zillow-owned home can also use the Zillow Home Loans to finance their home purchase, giving them an easier way to get into their new home as quickly as possible. Adding this financing feature means that almost all of the most stressful parts of moving are now streamlined in one place, taking the burden off of the consumer. Zillow Home Loans isn't just for those using the Zillow Offers service, either. Anyone using Zillow's mortgage marketplace to shop for a lender and loan for any home can access this new service.

Zillow Home Loans is only one step in the larger plan Zillow has to make buying and selling a home easier and is being launched along with the rollout of a total rebranding of the Zillow mobile apps and website.

Zillow Home Loans is currently headquartered in Overland Park, Kansas with over 300 employees.

Edited by V. Haviland

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

Miami Flash Sale 2019

April 2, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Shutterstock 181374380
Slashed Costs and Net Loss Improvement for FangDD in 2022 - But Will it be Enough For Struggling Chinese Portal?

The Chinese real estate marketplace and transaction platform company FangDD has reported on its performance for Q4 of 2022. Notable...

Read More
Zillow And Opendoor
Zillow and Opendoor Further Extend Their Partnership into 3 New Markets

US giant Zillow and Opendoor have expanded their home sales partnership into three new markets. The new markets are Houston,...

Read More
Ke Holdings Decoration
Chinese Leader KE Holdings Sees Net Losses Widen to $203m in 2022 As It Goes "from high-speed to high quality growth"

Leading Chinese real estate brokerage and portal company KE Holdings (aka Beike) has released a report on its performance for...

Read More
Property Finder Boardroom
PropertyFinder hires Frode Nordseth as VP of Product

Dubai-based marketplace Property Finder has hired Frode Nordseth as its new VP of Product. He announced his new role in...

Read More

Editor's Pick