HousingWireHousingWire
Arrival Home Loans on Tuesday announced a partnership with zavvie — a fintech company that specializes in bringing liquidity to residential real estate — in an effort to enhance the homebuying experience for its customers.
The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes. In a press release, Arrival said the move will “[provide] a broader range of homebuyers with a fast, easy solution to purchase their new home before selling their current one.”
“We are thrilled to partner with zavvie to make Arrival’s products available to zavvie’s impressive network of loan officers and real estate agents,” Simon Chen, CEO of Arrival Home Loans, said in a statement. “As the nation’s largest, fastest-growing wholesale bridge lender, demand for our solutions in today’s highly competitive real estate market has been incredible.”
Colorado-based zavvie echoed Chen’s excitement and shared a statement about the partnership.
“zavvie is very excited to connect Arrival’s industry-leading bridge solution with our partner network of over 80 leading mortgage and brokerage companies counting a total of over 50,000 LOs and agents,” the company stated.
“Arrival’s products significantly broaden the range of modern financing solutions available to our partners through our AI-powered HomeFAI platform, so more clients than ever will be able to realize their real estate goals by writing contingency-free offers.”
Per the company’s website, zavvie’s HomeFAI platform uses artificial intelligence to underwrite alternative financing products. The platform includes a cash portal and mobile app to “drive mortgage attachment” by allowing loan officers and real estate agents to turn clients into all-cash buyers.
Arrival Home Loans, which is powered by Pacific Private Money Inc., produced a total volume of $52.5 million in 2024, according to data from Modex.
