FutureNet, Allpointe Mortgage Form JV

FutureNet Realty Technologies, Wexford, Pa., and Allpointe Mortgage, Pittsburgh, have announced a joint venture, FutureNet Mortgage, to provide a no-mortgage-fee, no-cost loan product over the MyFutureNet.com online real estate sales platform.FutureNet said its patent-pending "list-to-close" technology will handle the entire transaction from listing through closing. The system is being tested internally, and it is scheduled for live beta-testing early next year. FutureNet Mortgage searches for the best rates among dozens of top lenders, and a dedicated mortgage adviser brings them to the applicants. "At the core of this process is the TrueClose Web-based loan origination platform, which streamlines the process with online document management allowing [FutureNet Mortgage] to expedite the mortgage process and share these gained efficiencies with the consumer," FutureNet said. The companies can be found online at http://www.myfuturenet.com and http://www.allpointe.com.