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Tech Nest: The Proptech Podcast

Assumable Loan Opportunities in Residential Real Estate with Raunaq Singh, CEO and Founder of Roam

Jul 9, 2024
Raunaq Singh, CEO and Founder of Roam, discusses assumable low-rate mortgages in residential real estate. Topics include history of assumable mortgages, market size, challenges for buyers/sellers, Roam's partnership with agents, benefits for buyers/sellers, underwriting process, and future trends in the real estate market.
39:48

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Roam enables homebuyers to save up to 50% on monthly payments with assumable low-rate mortgages.
  • Roam's personalized marketing for sellers and down payment support for buyers enhance affordability and accessibility in real estate transactions.

Deep dives

Roman Founder's Background and Inception of Rome

The podcast episode delves into the founder and CEO of Rome, Ronak's journey starting from distributing phones to taxi drivers to working at companies like Uber and Opendoor. Ronak discusses his epiphany about digital innovations intersecting with physical industries, leading him to identify the potential in housing tech. His experience at Opendoor and mastering mortgages paved the way for the birth of Rome, a platform facilitating home purchases using assumable low-rate mortgages.

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