LemonBrew Technologies is an innovative, full-service real estate platform that streamlines the real estate process from start to finish. By providing real estate, mortgage and title services, LemonBrew is an end-to-end digital solution that connects home buyers and sellers to local real estate agents, finds the perfect mortgage, and closes smoothly and seamlessly.
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LemonBrew Abstract, the title & escrow vertical of LemonBrew Technologies, announced further advancements of its free, contactless, proprietary electronic ACH transfer platform called LemonBrew Pay.
The digital platform enables home buyers to securely send earnest money deposits and refinance borrowers to send their closing costs from any U.S. financial institution directly to LemonBrew’s escrow account all without leaving the comfort of their home. The no-cost solution, which is fully electronic, secure and compliant, furthers LemonBrew’s mission of bringing transparency and innovation to a friction-filled real estate process.
Since the client is not sending a wire, a process which has recently come under scrutiny due to phishing scams and fraud, there are no account or routing numbers being shared. With bank-level encryption, the transaction takes 2 to 3 business days to complete.
“The LemonBrew Pay platform is relevant more now than ever before. Not only does our free service save money and time, but by skipping the trip to the bank, we’ve eliminated the need for any face-to-face interaction. Homeowners take advantage of the historically low mortgage rates while still maintaining social distancing rules. It is truly the last piece of the puzzle in a digital and contactless mortgage and closing experience,” says Amit Doshi, COO of LemonBrew Technologies.
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