{"id":11228,"date":"2019-07-09T12:55:19","date_gmt":"2019-07-09T19:55:19","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=11228"},"modified":"2024-05-28T12:01:52","modified_gmt":"2024-05-28T19:01:52","slug":"eave-announcement","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/eave-announcement\/","title":{"rendered":"HomeLight’s Eave announcement, sets out to help every homebuyer become a cash buyer"},"content":{"rendered":"

HomeLight is thrilled to announce that we\u2019re joining forces with Eave, a cutting-edge digital mortgage lender. Together, we\u2019re empowering people to achieve the best outcome when buying or selling real estate. We\u2019re harnessing Eave\u2019s proprietary mortgage technology to give the power and certainty of all-cash offers to buyers and sellers across the country.<\/p>\n

In 2018 alone, over 5 million homes were sold in the U.S., creating over $1.2 trillion in purchase mortgages. But buying and selling a home is still a bewildering and unpredictable experience for people. The whole process takes months and many only do it once in a lifetime.<\/p>\n

That’s where Eave<\/a> comes in.<\/p>\n

Eave will power the newly formed HomeLight Home Loans division, which launches today with operations in California, Colorado, Washington, Oregon, Pennsylvania, and Texas.<\/p>\n

Eave\u2019s vision is transformative: Give every creditworthy buyer the certainty and confidence of being an “all cash” buyer.<\/h2>\n

This is more than a business goal\u2014it\u2019s a personal mission sparked by real life experiences. Both of our leadership teams have experienced how the complexities, the lack of transparency, and the unnecessary risks inherent to the real estate transaction leave people stressed-out, uncertain, and vulnerable.<\/p>\n

Drew Uher, HomeLight\u2019s founder, nearly lost the home of his dreams when his lender failed to file one particular form. After searching for over a year, Saro Vasudevan, Eave’s co-founder and COO, almost lost the home his family had fallen in love with due to a prominent California bank committing more than 20 egregious errors.<\/p>\n

The mortgage industry\u2019s problems are deep and go well beyond software. But they\u2019re fixable.<\/p>\n

While others have solved some of the smaller pain points like electronic document submission and built shinier interfaces, few are as ambitious as Eave. Eave is the only lender that has reinvented the entire experience from start to finish.<\/p>\n

Mortgages that put people first<\/h2>\n

Eave\u2019s mortgage is transparent, competitive, and in the homebuyer\u2019s best interest. Eave\u2019s experience differs from even the \u201cbest-in-class\u201d lenders in fundamental ways:<\/p>\n