Synergy One Lending and Ribbon partner to Offer CASH Advantage Platform
Synergy One Lending has announced CASH Advantage, a program that provides a unique level of certainty in the home purchase process to buyers and sellers alike. CASH Advantage takes the traditional finance offer and backs it with cash, eliminating the contingencies of financing and appraisal valuation.
SAN DIEGO, June 29, 2021 /PRNewswire-PRWeb/ -- By allowing buyers to leverage CASH Advantage when submitting purchase offers, Synergy One Lending clients bring a unique assurance to listing agents and their sellers. Including CASH Advantage means the transaction will close on time.
"We felt it was important to bring this kind of innovative approach to our clients and the real estate community to bolster their chances that offers they make on homes will be winning offers," said Steve Majerus, CEO of Synergy One Lending.
"Many clients experience a great deal of stress and frustration when they see their dreams dashed as their offers are not accepted—often on several occasions. The CASH Advantage program simply helps offers stand out among many other offers on a home. This is particularly helpful for first time buyers as they seek to enter their path to homeownership."
Due to the historically low inventory that many markets across the country are currently experiencing, multiple offer situations have become a common occurrence. The ability for buyers to provide full transparency and certainty in their offer has become a competitive advantage. Synergy One's CASH Advantage program eliminates the concern of contingencies that traditionally accompany finance offers.
The Synergy CASH Advantage program is powered by a partnership with Ribbon, the leading real estate technology platform empowering agents, brokerages, and lenders to create world class experiences for home buyers and sellers through powerful financial products.
Ribbon's mission is to make home ownership achievable.
"We designed Ribbon to empower the real estate ecosystem by supporting everyday people and families to compete in today's market," said Shaival Shah, CEO of Ribbon.
"By partnering closely with a world-class lending company like Synergy One, we can collectively improve the homebuying process for qualified buyers -- and ensure that everyone has a fair chance to win their dream home."
ABOUT SYNERGY ONE LENDING
Synergy One Lending is based in San Diego, CA, is currently licensed in 42 states and has Operational HUBS in Dallas, TX, Roseville, CA, Boise, ID and Denver, CO. For more information visit https://S1L.com.
ABOUT RIBBON
Founded in 2017 in New York and Charlotte, Ribbon is on a mission to make homeownership achievable. Ribbon allows everyday families to compete on a level playing field with high net worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers. Ribbon is the leading real estate technology platform that empowers agents, brokerages, and lenders to create a world-class experience for home buyers and sellers through powerful financial products and digital workflow software. Visit ribbonhome.com.
Media Contact
Steve Majerus, Synergy One Lending, Inc, +1 8889951256, [email protected]
SOURCE Synergy One Lending, Inc
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