Horsham, Pa.-based Mortgage Ramp.com and Alhambra, Calif.-based PropertyFirst.com Inc. have reached an agreement to serve each company's customers on a joint Internet platform. The arrangement consolidates the sales and financing functions of commercialtransactions on the Internet.
With the agreement, Property-First.com will provide in-depth commercial real estate information and services to Mortgage-Ramp.com's customers - including lenders - allowing them to obtain detailed property characteristics, view rent rolls and obtain financial information and other key data. In turn, commercial property buyers andwho use PropertyFirst.com will be able to arrange financing for property sales through one integrated Internet platform on Mortgage-Ramp.com. The combined service platform is designed to expedite commercial property sales with more efficient pricing and faster closings.