SAN FRANCISCO, April 19, 2016 /PRNewswire/ -- Sindeo (www.sindeo.com), the modern mortgage marketplace, has just been named to REach® Real Estate accelerator's class of 2016 by the National Association of REALTORS® (NAR), the largest trade association in North America. The REach® program is run by Second Century Ventures (SCV), the technology fund and strategic arm of the NAR. The REach® program was created to identify and support new companies who will benefit both REALTORS® and the broader real estate industry. Sindeo was one of seven selected over hundreds of companies that applied from across the country. Recognized as the most prestigious incubator in the industry, the REach® program lasts for eight months and provides real estate focused education, mentorship and market exposure for the few companies selected.
Sindeo was chosen after a rigorous application process for successfully demonstrating its innovative business model focused on reinventing the mortgage experience. Sindeo provides a new, consumer-centric path to home financing through a broad marketplace of lenders and loan products, expert and unbiased guidance from Mortgage Advisors dedicated to customer satisfaction, and innovative technology that streamlines every part of the home financing process. The fast growing startup has increased operations from one state at the beginning of 2015 to currently operating in 11 states. With the support of REach®, Sindeo is now seeking to grow its business with plans to expand operations nationwide by the end of 2016.
"We are honored to be accepted into the REach® program and look forward to working with Second Century Ventures and the National Association of REALTORS®," said Sindeo's Chief Industry Officer, Ginger Wilcox. "Through this program, we'll be able to provide NAR members with a better financing option for their clients, ultimately helping them qualify more borrowers and close more transactions. Gaining this recognition from NAR is invaluable to Sindeo, and will fastrack us towards our goal of providing a better path to home ownership for homebuyers nationally."
"Sindeo is modernizing the mortgage experience, making it simpler and more transparent for consumers and the REALTORS® they work with," said Dale Stinton, president of SCV and NAR CEO. "We are excited to introduce Sindeo to more than a million NAR members while providing the company with access to experts and influencers in the real estate industry to help accelerate their already-impressive growth."
Sindeo's ultimate goal is to provide a consumer-centric path to home ownership and refinancing. By providing its customers with access to a broad marketplace of lenders and loan products, expert and unbiased guidance from Mortgage Advisors dedicated to customer satisfaction, and innovative technology that streamlines every part of the mortgage process, Sindeo has completely reimagined the mortgage experience. Headquartered in San Francisco, Sindeo is privately held. For more information, visit sindeo.com.