Knock, a home-buying startup, is switching to bridge loans and working with agents, rather than directly with consumers. The company, which offers a platform for consumers who want to buy and sell homes at the same time, will now offer mortgage, bridge-loan and concierge services, Inman reported. The program, Knock Home Swap, will include a mortgage without contingencies, which Knock’s CEO Sean Black said would have competitive rates. Knock, which raised $400 million in a
source https://therealdeal.com/2020/07/17/ibuying-startup-pivots-to-lending/
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