![\"Click](\"https:\/\/www.send2press.com\/wire\/images\/22-0627-s2p-click-n-close-800x600.jpg\")
Image Caption: Click n’ Close, Inc.<\/em><\/p>\n
\u201cWith recent volatility in rates and home prices maintaining record highs, TPOs need loan programs that are not only designed to help their borrowers navigate today\u2019s homeownership and affordability challenges but also varied enough to match borrowers\u2019 preferences and circumstances,\u201d said Click n\u2019 Close Owner and CEO Jeff Bode. \u201cWith our SmartBuy program, TPOs can meet their borrowers where they are today and create a loan program that helps them meet their goals.\u201d<\/p>\n
\u201cFor example, TPOs can combine a seller-funded 2\/1 buydown with SmartBuy for more cash-conscious borrowers, allowing them to secure a lower interest rate today, minimize their cash-to-close and postpone the rate reduction repayment to a later date. However, SmartBuy also offers a permanent buydown option that enables borrowers to qualify for a lower interest rate over the full life of the loan and maximize their long-term savings,\u201d Bode added. \u201cWhether it is minimizing their cash-to-close, materially lowering their monthly payments or simply securing the lowest rate possible today, SmartBuy provides multiple options to help borrowers achieve their short- and long-term homeownership goals.\u201d<\/p>\n
SmartBuy is the latest in a series of unique loan products developed by Click n\u2019 Close to help consumers and third-party originators (TPOs) address the challenges of today\u2019s market. Other innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and eNote program for non-delegated correspondents.<\/p>\n
For more information on SmartBuy or any of Click n\u2019 Close\u2019s innovative loan programs, contact Adam Rieke (wholesale) at adam.rieke@clicknclose.com<\/a> or Julas Hollie (correspondent) at julas.hollie@clicknclose.com<\/a>.<\/p>\n About Click n\u2019 Close, Inc.:<\/strong><\/p>\n Click n\u2019 Close, Inc., formerly known as Mid America Mortgage, is a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels and is also the nation\u2019s leading provider of Section 184 home loans for Native Americans. In operation since 1940, Click n\u2019 Close has thrived by retaining its entrepreneurial spirit and leading the market in innovation, including its adoption of eClosings and eNotes.<\/p>\n Combining this culture of innovation with a risk management mindset enables Click n\u2019 Close to deliver new products to market that address the challenges facing both borrowers and third-party originators (TPOs). These innovations include its USDA one-time close construction loans, proprietary down payment assistance (DPA) program and reverse mortgage division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae and private investors afford Click n\u2019 Close direct access to the capital markets, thus ensuring maximum liquidity for its product innovations. By servicing its loan programs in-house, Click n\u2019 Close provides its wholesale and correspondent partners with an additional level of certainty regarding loan salability and superior borrower service over the life of the loan.<\/p>\n