Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Knock introduces an innovative bridge loan that empowers homeowners to acquire their next property before finalizing the sale of their current residence. This program allows individuals to tap into as much as $500,000 in equity from their existing home, which can be utilized for various expenses such as down payments, renovations, relocation fees, and even to consolidate debts. Remarkably, the loan remains interest-free for a period of up to six months, granting borrowers greater financial leeway during their transition. By excluding the current mortgage from the calculations for the new mortgage, buyers can present more attractive, non-contingent offers, substantially enhancing their likelihood of success in competitive housing markets. Additionally, Knock provides up to $35,000 in funds for home preparations, ensuring that the current property is well-equipped for sale. Should the home fail to sell within the six-month timeframe, Knock guarantees a purchase offer, delivering peace of mind through a predetermined sale price. The company works closely with real estate agents and lenders to streamline the entire process, with the goal of making the journey between homes as convenient and straightforward as possible. This comprehensive approach not only alleviates the stress of moving but also empowers homeowners with the confidence to make significant decisions regarding their real estate transactions.
Description
MSP, the premier loan servicing software from ICE, has established itself as the benchmark within the industry, largely due to its unwavering emphasis on regulatory adherence, safeguarding borrower data, a long history of reliable performance, and a dedication to ongoing innovation. This versatile platform accommodates a range of service sizes, effectively addressing the urgent business challenges faced by today’s financial entities. Utilized by a variety of financial institutions—ranging from banks and mortgage companies to credit unions and housing agencies—MSP handles both first mortgages and home equity products seamlessly. Additionally, it delivers exceptional cash management, balancing capabilities, investor reporting, customer service, and escrow services. MSP is further strengthened by a knowledgeable team of industry professionals committed to offering top-tier support and expertise, which ultimately enhances return on investment for users. In a rapidly evolving market, MSP remains a crucial asset for organizations striving to maintain competitive advantage and operational excellence.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Addy AI
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
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)
No
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
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Knock
Founded
2015
Country
United States
Website
www.knock.com
Vendor Details
Company Name
ICE Mortgage Technology
Founded
1997
Country
United States
Website
mortgagetech.ice.com/products/msp-mortgage-servicing-system
Product Features
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
No
Application Management
No
Auto Loans
No
Automatic Funds Distribution
No
Business Loans
No
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
No
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
No
Mortgage and Loans
Amortization Schedule
No
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No