PHILADELPHIA CREAM, April 8, 2022 /PRNewswire/ — Epoch Financial Group, Inc. (Epoch or ‘the Group’) today announced its partnership with QuantmRE, a leader in creating debt-free home equity deals that have given homeowners access to millions of dollars in cash. Epoch and QuantmRE join forces to provide debt-free financing solutions to help homeowners overcome the two most common barriers to mortgage eligibility – a high debt-to-income (DTI) ratio and a weak credit. By helping homeowners get back on their feet financially, Epoch intends to standardize mortgage eligibility requirements and solve a problem that affects millions of American homeowners every year.
The Epoch X QuantmRE Partnership
A growing number of homeowners are unable to qualify for a mortgage or HELOC to access equity in their home, despite having significant equity in their home. A home equity agreement, however, can provide a much-needed solution.
A home equity agreement is a relatively new financial instrument that allows a homeowner to tap into the “trapped” equity in their home without monthly payments or additional debt. It’s not a loan, it’s not a HELOC, and it’s not a reverse mortgage. In exchange for a share of the future value of their property, the owner receives a cash lump sum that immediately improves their cash flow situation and can allow them to pay off their credit card and other debts. This can quickly improve their debt ratio and increase their credit score.
By partnering with QuantmRE and their innovative home equity agreements, Epoch will be able to offer previously ineligible clients this debt-free bridge to a healthier financial situation, allowing them to become eligible for the mortgage and qualify for the loan, mortgage or HELOC that they originally wanted.
“We are thrilled to partner with Epoch to provide a much-needed solution that helps homeowners tap into their ‘trapped’ home equity to overcome their DTI and credit score hurdles and become mortgage eligible,” noted Matthew Sullivanfounder and CEO of QuantmRE.
“At Epoch Financial Group, our mission is to find new ways to serve more consumers, especially those who are underserved. Our partnership with QuantmRE will allow us to create more opportunities for our customers instead of just saying “sorry, we can’t help you”. “. As mortgage brokers, we are always looking for ways to expand the optionality of our products to give us a competitive edge in the marketplace. We couldn’t be more excited to partner with QuantmRE to help more borrowers to unlock equity in their homes.”, noted Evan WadePresident and CEO of Epoch Financial Group, Inc.
About Epoch Financial Group
Epoch Financial Group, Inc. (Epoch or “the Group”) is the parent company of Epoch Lending, Epoch Property Transfer, Epoch Insurance and EpochTech (formerly Epoch Labs). The group of companies is focused on a technology-enabled mortgage lending process, providing consumer mortgages, title insurance and settlement services, property and casualty insurance, and technology offerings for lenders and consumers.
For more information visit: epochfg.com
At a time when homeowners need access to cash more than ever, QuantmRE’s “Equity Freedom” program offers a debt-free alternative – the Home Equity Agreement. The deal allows homeowners to receive a lump sum cash payment in exchange for a portion of the current and potential future value of their home without incurring additional debt (no loans, no interest, and no monthly payments). In addition to creating home equity deals, QuantmRE has developed a revolutionary blockchain-based real estate marketplace where individuals, family offices, and institutional investors can gain unprecedented access to class of multi-trillion dollar residential real estate assets by buying, selling and trading fractional assets. units of home equity deals.
For more information visit: quantmre.com
SOURCE Epoch Financial Group, Inc.