Afordal addresses key challenges in residential real estate by merging home searches with financing options, making it easier for buyers to understand what they can afford. With integrated tools like affordability-based searches and preapproval calculators, users can filter properties based on their monthly payments and find relevant financing options including FHA and VA loans. For real estate professionals, Afordal provides valuable customer insights through AI, helping them prioritize clients and manage follow-ups efficiently. The platform enhances the existing HomeASAP network and offers additional resources for current homeowners to track their property's equity and potential loan savings.
Afordal solves one of the biggest pain points in residential real estate; aligning what homebuyers want with what they can afford, said Brad Springer, co-president of RatePlug.
Instead of browsing homes based only on listing prices, Afordal users can filter properties by monthly payment ranges. They can also determine their eligibility for government financing programs such FHA and VA loans.
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