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Real estate website Zillow expands into the mortgage business

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Zillow announces a new 'Home Loans' division that will allow users shopping for mortgages to receive financing directly from the company.

Real estate website Zillow on Tuesday announced a new"Home Loans" division that will allow users shopping for mortgages to receive financing directly from the company.

The new business is designed to work with Zillow Offers, the company's direct home sales operation, with the goal of streamlining and simplifying real estate transactions. Customers don't need to use Zillow Offers, however, to get home financing through Zillow, the company said.

 

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