SAN DIEGO, CA - Closing.com, the most comprehensive source for closing services on the Web has partnered with Zillow Mortgage Marketplace to provide borrowers access to detailed, local, real-time estimates of all closing costs.
Every loan quote provided to borrowers within Zillow Mortgage Marketplace now includes Closing.com's closing cost estimates. Each quote also includes a link to Closing.com's SmartClosing® Calculator, providing borrowers with closing cost estimates broken down to include details such as local transfer taxes and recording fees. Zillow Mortgage Marketplace is one of several leading national real estate search sites that have partnered with Closing.com to make it easy for home buyers to learn about closing services and costs at the same time they browse listings or research a mortgage.
"Zillow provides home buyers, sellers and homeowners with valuable data and information about homes, as well as an innovative platform to research and find mortgages through Zillow Mortgage Marketplace. We're excited to be working with Zillow to provide borrowers within the Zillow Mortgage Marketplace additional tools to calculate their closing costs," said Julie Han, VP Business Development, Closing.com.
"At Zillow, our goal is to help people become smarter about real estate, including home loans, as this is one of the most critical aspects of homeownership. Closing costs can account for 3 to 5 percent of the cost of buying a home, and thus we feel it is incredibly important for borrowers to have all the information they need on this aspect of obtaining a mortgage. We're happy to be working with Closing.com to help provide this information," said Spencer Rascoff, COO of Zillow.com.
Closing.com is the most comprehensive source for real estate services and fees on the Web. Owned and operated by ClosingCorp, an independent real estate information services company based in La Jolla, CA, the site helps consumers find and compare real estate services and make inquiries directly to vendors. Visitors to the site can estimate their closing costs in just a few clicks, learn more about the real estate closing process and share information with peers and pros in the Closing Talk Community.
Zillow Mortgage Marketplace is a free, open, and transparent lending marketplace, where borrowers connect with lenders to find loans and get the best mortgage rates. Borrowers anonymously submit loan requests and receive an unlimited number of custom mortgage quotes with real rates directly from thousands of competing lenders. Zillow Mortgage Marketplace also provides mortgage calculators, mortgage advice, mortgage widgets, and lender directories. Zillow Mortgage Marketplace is a business of leading real estate site Zillow.com.