Stessa recently announced a strategic partnership with LendingOne to help residential real estate investors. This collaboration introduces a “Best Rate Guaranteed” offer for any DSCR (Debt-Service Coverage Ratio) Loan. Stessa is a leading software platform for asset management under the Roofstock brand. The aim of the company is to make it easier for independent landlords to secure funding. It has now become possible for users to obtain quotes on loans through the Stessa platform. The integration of these solutions enables investors to have everything within a centralized framework.
Streamlining Real Estate Investment Financing
The new DSCR Loan program focuses on the cash flow of the property. This is in contrast to the traditional loans, which are heavily reliant on personal income or employment history. Investors can utilize these loans on a wide array of property types, from single-family rentals to small multifamily units. This partnership ensures that users receive the best terms possible in today’s market. LendingOne brings years of expertise in private lending to the Stessa user base. This digital experience helps scale landlord portfolios faster with a whole lot more efficiency.
Matthew Neisser, CEO of LendingOne, said:
“We are excited about partnering with Stessa since our client base and desire to provide great service are very aligned. By embedding a valuable finance offering into Stessa’s marketplace, we’re not just offering loans, but we’re empowering investors with the tools they need.”
Doug Brien, CEO of Roofstock, said:
“By integrating LendingOne’s fast, investor-friendly DSCR loan quotes directly into our marketplace, we’re empowering investors to make confident offers.”
Explore Finance Tech News for the latest innovations in financial technologies and expert insights shaping the future of digital finance!
News Source: Businesswire.com
