Calque Salesforce
Case Study
Calque is a fintech that partners with community lenders to make new home loans available to consumers
Calque offers homeowners a Purchase Price Guarantee (essentially, a competing offer to their own home). With the backup offer in place, our lending partners are able to use that as a basis for writing non-contingent offers on the following home, effectively treating the current home as already sold. That change has an easier time streamlining and enhancing the homebuying journey for homeowners, agents and loan officers from beginning to end.
The Vision
Calque works with community lenders and real estate agents in each market, so that homeowners can purchase before they sell for a more seamless, less risky and affordable home purchase experience.
Scenario
Scaling Trade in Mortgage Program with Calques PPG had a great impact across the industry
Wally Andrus a Loan Officer had to work with a client who had to get out of Colorado very quickly and into Virginia because of a family emergency. He explained the Calque Purchase program because they needed to move quickly and told the seller that Wally was going to run their payments through Calque, because they wanted the money fast. Calque provided a lifeline for very stressed out clients.
What we did
Calque gives homeowners a Purchase Price Guarantee (a second offer as backup on their current property).
Calque gives homeowners a Purchase Price Guarantee (a second offer as backup on their current property). With the backup offer in hand, our lending partners can make non-contingent loans on the new house as though it happens to already been sold. This change makes it easier and better for homeowners, agents, and loan officers with the homebuying process from start to finish.
The Impact
Avoid the hassle of timing the sale of two homes, short-term rentals, and moving twice. You can buy your dream home and sell your current one after you have moved. Stage and list a vacant home at full market value, and enjoy peace of mind with a guaranteed backup offer. Staged homes sell 73% faster and for a higher price.