Introducing the RealKey Referral Program

Get Paid for Referring Your Colleagues and Other Mortgage Broker/Lender Offices to RealKey

Christopher Hussain, CEO and Founder

RealKey is excited to announce the launch of the RealKey Referral Program. We want to improve the industry, quickly. So, we made this simple referral program to help get the word out, and give everyone involved a little incentive. Your broker/lender friends get the benefit of adding RealKey as their favorite new secret weapon. Not to mention, the more people who are on RealKey, the easier your future transactions will be for you and the rest of the industry.

The RealKey Referral Program is simple. You get paid based on how many new users you refer to us to sign-up for an account (MLOs, Processors, Internal Underwriters, and Managers of Brokers and Lenders). The more lenders and brokers lives you improve by introducing to RealKey, the better this industry will be. Here’s a bit more detail:

  • Classic: $40 for a new monthly subscription referral or $200 for a new annual subscription referral
  • Guilded Referrer (10 referrals or more for 3 consecutive months): $50 for a new monthly subscription referral or $250 for a new annual subscription referral

Referral Process:

  • Refer colleagues to the RealKey website to create their new account
  • Have your referral enter your email address in the referral code section of the credit card screen (note: new accounts get a no-obligation 7-day trial, meaning they have nothing to lose)
  • RealKey will send you an email after the new user’s 1st month to obtain your PayPal or Zelle info to get you paid

It’s time to introduce your colleagues to a better, more efficient way of working by streamlining loan processing and underwriting using RealKey’s digital mortgage platform.

Have any questions? Contact us today.

Top MLOs Use RealKey to Reduce Wasted Time and Gain the Upperhand on the Lending Industry

Christopher Hussain, CEO and Founder

The top originators in the industry are a different breed. It’s not only the way they sell or the countless hours they spend in the office that makes them the best. What sets them apart is the efficiency at which they originate and process their transactions, so that they have the extra time to do more and be more. The tools they use give them an upper hand over those who are late to adopt. And RealKey is the latest tool these top producers are swearing by, signing up themselves and their teams as early adopters to further their advantage over those who are not in the know.

It’s time to rise above the average, and level the playing field. To get there, you need to do what the top originators do, and adapt quickly to changes in the industry — adopting the latest tools early so that you can wield them expertly ahead of the competition, gaining the upper hand. Leveraging RealKey makes processing, underwriting, and closing an effortless process. Learn from the top originators — there is a better, more productive way to operate your business, so stop losing deals to other lenders because of too many conditions and not enough time! In a nutshell, RealKey gives back to you the hours to days spent emailing and calling everyone involved in the process, dealing with an endless list of needed documentation to clear your files to close.

As we all know, missing conditions add even more time to an already broken process, because it takes just one oversight to put an immediate halt to your transactions. With the RealKey Digital Mortgage Platform, you can cut your mortgage processing time by up to 50%, creating the time you need to focus on doing more with less effort and resources. RealKey is a tool that differentiates you and your company from the endless list of competitors, drastically improving the likelihood of repeat and referral business, and increasing your efficiency by making transactions more effortless for you and everyone involved.

How RealKey Can Help You

  • Intelligent document collection and review, so that conditions are met the first time with less back-and-forth with underwriting
  • Automated updates sent to all parties involved, so everyone knows how a transaction is progressing
  • Comprehensive repository, where all relevant documents are securely stored in the cloud, and can be uploaded and downloaded 24/7 by all parties involved based on user roles, not just the borrower
  • Centralized communication through chat, where all parties can chat as a group within document requirement rooms, as well as individually, greatly improving response times for busy people who do not have the time or privacy for phone calls and multiple emails

Are you ready to operate like the top originators by adopting the latest tools to increase your efficiency and grow your business? Get started today and stop losing deals to your competitors. Sign-up here for a seven-day free trial.

RealKey Receives Honorable Mention in MReport’s Top 30 Companies in Mortgage & Servicing

Christopher Hussain, CEO and Founder

RealKey is pleased to announce that we received an honorable mention in MReport’s Top 30 Companies in Mortgage & Servicing. Companies recognized in this year’s edition were selected because of their blend of benefits, perks, culture, and atmosphere, providing their employees with a great place to work. MReport recognized those companies specializing in the following six categories: Lenders and Servicers, Government, Legal Providers, Minority or Women-Owned Companies, Service Providers, and Tech Providers.

With the soon-to-be launched RealKey Digital Mortgage Platform, we are shortening the loan processing cycle by up to 50% and setting a new standard for more efficient mortgage processing. RealKey provides automated and intelligent collection of documents, review of data, and secure communications among all collaborators in the mortgage process.

Want to learn more about RealKey? Click here to schedule a demo.

RealKey Accepted Into the Flagstar Bank MortgageTech Accelerator Program, the First and Only U.S. Accelerator in the Mortgage Industry

Christopher Hussain, CEO and Founder

RealKey is honored to announce that we were accepted into the Flagstar Bank MortgageTech Accelerator Program, the first and only U.S. accelerator of its kind in the mortgage industry. The Flagstar MortgageTech Accelerator focuses on startups active in developing innovative technology solutions for the mortgage industry. The three-month online program was designed by Flagstar Bank, the sixth largest mortgage originator in the country. This is the second round of startups to participate in Flagstar’s Mortgage Accelerator since its launch in 2019.

Benefits provided to program participants include:

  • Access to experienced Flagstar mentors, members of the C-Suite, and other top executives
  • Bespoke roadmap design for product acceleration, development, and real product-testing opportunities
  • Network of potential customers and access to backend systems exclusive to Flagstar Bank

RealKey was selected to participate because of our robust business plan, experienced leadership team, and our innovative technology that demonstrates a clear product development and execution roadmap.

With the soon-to-be launched RealKey Digital Mortgage Platform, we are shortening the loan processing cycle by up to 50% and setting a new standard for more efficient mortgage processing. RealKey provides automated and intelligent collection of documents, review of data, and secure communications among all collaborators in the mortgage process.

Want to learn more about RealKey? Click here to schedule a demo.

About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $29.5 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 160 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 87 retail locations in 29 states, representing the combined retail branches of Flagstar and its Opes Advisors mortgage division. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $227.4 billion of loans representing slightly over 1.1 million borrowers. For more information, please visit flagstar.com.

Get to Funding Faster with Facilitated, Intelligent Documentation Gathering

Christopher Hussain, CEO and Founder

With the RealKey Digital Mortgage Platform, you can maximize your productivity and scale your business by drastically reducing wasted time and expense. How? By getting to funding faster with our facilitated and intelligent documentation gathering, which ensures that underwriters get everything they need to facilitate a cleaner, quicker approval.

What RealKey can do for you:

  • Ensure the Right Documents are Collected: RealKey walks your customers and third parties through the documentation process step-by-step, explaining to them what is needed and why. Is there information missing? Do you need a signature? RealKey provides real-time feedback so that everything is done right the first time.
  • Provide a Seamless User-Experience: RealKey is user-friendly and seamlessly works with your everyday workflows. We work with what you, your clients, and vendors already use, doing what they don’t.
  • Automate Documentation Collection: RealKey knows what each party in the mortgage process needs, and shares that documentation accordingly, while also streamlining and automating documentation collection and review.

Are you ready to cut your loan processing time in half? Visit here to sign-up for a seven-day free trial.

Bah Humbug – How Mortgage Loan Originators can Survive the Holiday Crunch

By Christopher Hussain, CEO and Founder

Whether you’re the homeowner, real estate agent, or Mortgage Loan Originator (MLO), getting a mortgage approved is a time consuming and painful process. With so much information and documentation needed by numerous parties, with varying deadlines, the endless loop of processing paperwork can be trauma inducing, and it only gets worse during the holiday season. Like your local retailers on Black Friday, the holidays tend to be the source of post-traumatic stress disorder (PTSD) for most lenders and brokers.

The typical MLO’s day is long, with a continuous pipeline of transactions requiring numerous manual processes. Each transaction requires many hours, even days of effort, spent just on calling and emailing all of the parties involved in the mortgage process to gather requirements and keep everyone updated on the progress of each loan. Once November and December arrive, the number of transactions escalate, as individuals try to complete financing before the year’s end. So, while most people spend this time celebrating with family and friends, for MLOs, the holidays not only mean more work, but also, longer turnaround times. Why? Because no one is around!!!

Phone calls and emails go unanswered, as the typical MLO is completely alone while everyone else takes a vacation to enjoy the holiday season. Unlike the rest of the world, MLOs do not have the luxury of simply “disappearing.” Bottom line, if they want to do a good job, they do not get to take a vacation.

I know this firsthand. For two years, I was the country’s top MLO, and to get there, I had to make a lot of personal sacrifices. I had clients and agents counting on me to make their holidays by closing their transactions. So, the months of November and December were always the busiest time of the year. And every year it was the same – a chaotic mess of paperwork that needed to close by year’s end. As a result, I could not afford to take time off to go on a holiday getaway with my family because I was too busy working in an industry with broken processes. Thanksgiving and Christmas blew, and were undoubtedly the worst times of my life. In fact, there were many occasions when I broke down and was brought to tears — I wanted to do a good job and make my clients happy, so that meant while others enjoyed their holidays, I worked non-stop and did not spend time with my family. There were no ski vacations, evenings gathered by the fire, or leisurely afternoons with family and friends. For me, holidays were not a time of joy, but rather, one of pure misery. BAAAAAAHHHHH HUMBUG!!!

Further exacerbating the situation is COVID-19. The pandemic has led to a crushing demand of new borrowers and those in search of refinancing as a result of today’s unprecedented economic pressures. Add to that, turn around times are now even longer, and lenders are adding overlays and requirements that did not previously exist — — SERIOUSLY?! As if MLOs don’t have enough roadblocks and broken processes to go through, when all we want to do is help our clients!

After one holiday too many spent chasing down conditions to fund these loans, I had enough. MLOs, processors, underwriters, title and escrow agents, and all the other parties involved in the mortgage process deserve a more cost efficient, less time consuming business that provides accurate, fast service, resulting in happier customers.

With the RealKey Digital Mortgage Platform, we are doing just that by not only shortening the loan processing cycle by roughly 50%, but also, by providing a much-needed solution through our automated conditioning system that provides processing and underwriting feedback when no one is around. With RealKey, everyone involved in the mortgage loan process can see what is or is not done on the transaction, saving countless hours – even days – that were once spent calling and emailing all relevant parties. We are setting a new standard for more efficient mortgage processing through automated and intelligent collection of documents, review of data, and secure communications among all collaborators in the mortgage process.

Want to reclaim your holidays while still providing a world-class experience? With RealKey, never say “Bah Humbug!” again, thanks to our platform’s automated collection and review of documents, and streamlined communication for everyone involved in your transactions. Visit here to sign-up for a seven-day free trial.

RealKey Wins $100K Diamond Award Prize at the 2020 MassChallenge U.S. Virtual Awards Ceremony

RealKey is honored to announce that we were a Diamond Award winner — and recipient of the $100K cash prize — at the 2020 MassChallenge U.S. Virtual Awards Ceremony. This annual award recognizes entrepreneurship and innovation from key stakeholders across the country. Acknowledged for our impact and potential, RealKey was invited to participate in the accelerator as a finalist and competed with startups from the 2020 accelerator programs in Austin, Boston, Houston, and Rhode Island.

RealKey was one of over 2,000 startups to apply and be selected for participation in this prestigious program. Over the course of the accelerator, startups from around the world leveraged expert mentorship, tailored curriculum, corporate partnerships, and industry resources to launch and grow their companies — all at zero cost and zero equity taken. The winning startups were identified through a round of live, in-person pitches to top corporate executives, industry, and innovation leaders from the MassChallenge community.

With the soon-to-be launched RealKey Digital Mortgage Platform, we are changing how the mortgage industry operates, shortening the loan processing cycle by roughly 50%. We are doing this by setting a new standard for more efficient mortgage processing through automated and intelligent collection of documents, review of data, and secure communications among all collaborators in the mortgage process.

Want to learn more about RealKey? Click here to schedule a demo.

 

About MassChallenge
MassChallenge is the global network for innovators. Headquartered in the United States with seven locations worldwide, MassChallenge equips bold entrepreneurs to disrupt the status quo and to create meaningful change. Since launching in 2009, more than 2,400 MassChallenge alumni have raised more than $6.2B in funding, generated more than $3B in revenue, and created more than 157,000 total jobs. Learn more about MassChallenge at masschallenge.org.