Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Simply input settlement charges as either Buyer's Expense or Seller's Expense, and HUD LITE will automatically generate charges as notations when necessary, along with column totals for those notations. The program efficiently assigns the appropriate GFE number for standard entries, while also seamlessly creating entries in the GFE Comparison Page. By entering amounts from the lender's Good Faith Estimate, your form will be fully prepared, allowing you to generate and print the Hud-1 Settlement Statement for purchases, new loans, and refinances. Benefit from automated entries for the Good Faith Estimate (GFE) and consult the GFE Quick Start Guide for assistance. The system ensures that balances for receipts, disbursements, and net loan proceeds (cash received from the lender) are accurately calculated and reconciled. It also automatically generates a balanced list of deposits and checks, and computes both the Loan Origination Fee and Loan Discount. Any modifications to the proration or disbursement dates will trigger automatic recalculations of prorations, loan payoff amounts, and advance interest owed to the lender. Additionally, broker commissions can be entered either as a percentage or a fixed amount for added flexibility. With these features, the process is streamlined and user-friendly.
Description
The reAlpha Platform is an innovative home-buying system powered by artificial intelligence, designed to simplify the entire process from finding a property to closing the deal by merging brokerage, mortgage, and title services into a cohesive experience. It incorporates a conversational AI assistant that helps buyers navigate budgeting, analyze the market, schedule tours, manage documents, and submit offers, leveraging over 400 data points to provide personalized suggestions. In addition, buyers can take advantage of a commission-free structure that removes the typical fees associated with buy-side agents, often leading to rebates or credits on closing costs when the seller pays the commission. The platform emphasizes a user-friendly and transparent workflow, allowing individuals to search for homes, apply for financing, and finalize title and settlement all within a single digital interface, with licensed agents available to assist when necessary. This integrated approach not only enhances efficiency but also empowers buyers with greater control over their home-buying journey.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
$179 one-time payment
Free Trial
No
Free Version
No
Pricing Details
Free
Free Trial
No
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
No
Android App
No
Windows
No
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Alta Star Software
Website
www.hudlite.com
Vendor Details
Company Name
reAlpha
Founded
2020
Country
United States
Website
www.realpha.com
Product Features
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
Yes
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
Yes
Loan Origination
Yes
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
Yes
Residential Mortgages
No
Real Estate Property Management
Billing & Invoicing
No
Commercial Properties
No
Contact Management
No
Credit Check
No
Expense Management
No
Insurance Management
No
Landlord Database
No
Late Fee Calculation
No
Lease Management
No
Maintenance Management
No
Owner Portal
No
Payment Processing
No
Portfolio Management
No
Rent Tracking
No
Residential Properties
No
Tax Management
Yes
Tenant Database
No
Tenant Portal
No
Vacancy Tracking
No
Website Management
No