Redfin to fund mortgages for buyer customers

  • Redfin will launch a lending arm in Texas later this year.
  • The brokerage hopes to integrate this mortgage shop into its existing brokerage and title businesses to a level that's unmatched in the industry.
  • Redfin will try to do this by employing a shared technology platform for the businesses, compensation based partly on customer satisfaction, and an exclusive focus on Redfin customers.

Want to see the future of Real Estate tech?
Limited seating available for ICSF Hacker Connect, July 17

No matter how talented a real estate agent might be, she sometimes may watch helplessly as a loan officer screws the pooch. After years of research and development, Redfin will soon try to change that.