FAQs

LemonBrew

What is LemonBrew?
We’re a tech-enabled real estate platform to guide you through the home buying process. Need a real estate agent? We’ll match you.  Need mortgage? We’ll find the right loan option for you. Need title insurance? We’ll get you to the closing table. Need all three? We’ve got you covered.
Why LemonBrew?
LemonBrew is at the intersection of technology and purpose helping fill the gap in the real estate market by matching financially vetted and motivated buyers with expert and responsive Real Estate Agents. We have passionately built our platform to help build a trusted relationship that leads to a satisfying and memorable home buying outcome.
How do I get my rebate and what can I use it for?
The buyer rebate will appear on your final Closing Disclosure and can be used to pay for closing costs. If you are getting a mortgage, it is subject to lender approval. The LemonBrew buyer rebate is not available where prohibited by law.
Is LemonBrew secure?
We are constantly running tests to protect our website and encrypt all data at bank-level security. Every LemonBrew team member and vendor follows the strictest privacy and information security guidelines.
Which states is LemonBrew in?
Our mission to take LemonBrew across all states. We’re not quite there yet but aggressively expanding to new states every day. To see if we are active in your state, please visit our licenses page.

Buyers & Sellers

Is the rebate still valid if you choose a different agent?
Yes, as long as you choose a LemonBrew Partner Agent.
Is it legal to accept a rebate from the real estate agent?
Real estate commission rebates back to the buyer are allowed in 42 of the 50 states. You can view full details here.
Does LemonBrew charge a fee to use this platform?
No, this is 100% free for home buyers and sellers. In fact, you are actually saving money by using LemonBrew since your LemonBrew Partner Agent will pay you a portion of their commission at closing.
Do I have to complete all steps of the sign up process?
No, you can skip any of the steps, including those that give us permission to check your credit or verify your assets and income.
How do I receive my rebate and what can I use it for?
The buyer rebate will appear on your final Closing Disclosure and can be used to pay for closing costs. If you are getting a mortgage, it is subject to lender approval. The LemonBrew buyer rebate is not available where prohibited by law.
What are my limitations of the buyer rebate?
The buyer rebate will appear on your final Closing Disclosure and can be used to pay for closing costs. If you are getting a mortgage, it is subject to lender approval. The LemonBrew buyer rebate is not available where prohibited by law.
After I'm matched, do I have to use the LemonBrew Partner Agent?
No, you are under no obligation to use the agent you are matched with, but you must use a LemonBrew Partner Agent in order to receive a rebate. Our proprietary matching algorithm analyzes thousands of data points to find the best agent match for you but if you choose work with a different agent, you can always select a new agent on the portal or email support@lemonbrew.com. You are in complete control!
I'm a seller, can I find an agent on LemonBrew?
Absolutely! As a seller, our proprietary matching algorithm analyzes thousands of data points to find the best listing agent for you.

Partner Agents

How are buyers and sellers vetted?

Our proprietary algorithm verifies both non-financial and financial data.

When matched with a buyer or a seller, do I have to work with them?
No, you are under no obligation to work with the matched buyer or seller. Our proprietary matching algorithm analyzes thousands of data points to find the best match for you, but if you choose not to work with them, you just have to enter the reason you are not willing to accept the match. You have the ability to accept or reject any match for any reason. You are in complete control!
Do I have to complete the video interview before I'm approved as a LemonBrew Partner Agent?
No, it does not need to be completed before you get approved, but please remember it will be included in your LemonBrew Partner Agent profile. A complete and accurate profile will give you a much better chance of getting matched with a buyer or seller.
I was matched with a buyer or seller, what happens if the deal doesn't close?
Nothing. Move onto the next deal but please be sure to update the portal! If the deal doesn’t close, you don’t pay anything.
How do I sign up to become a LemonBrew Partner Agent?
We’re thrilled to have you on our platform. To sign up, click here.
Do I have to pay anything to become a LemonBrew Partner Agent?
Nope! There are no upfront costs or membership fees. LemonBrew is completely free to join. The LemonBrew referral fee is only paid at closing.
How much is the LemonBrew referral fee?
We have a success-based fee structure. We are in this together! LemonBrew charges 25% of the gross commission payable only upon closing.
Why do I have to give a rebate back to the buyer?
The LemonBrew platform was built to help fill the gap in the real estate market by matching financially vetted and motivated buyers and sellers with expert and responsive Real Estate Agents like yourself.
I only want to get matched with buyers, not sellers. Can I still become a LemonBrew Partner Agent?
Yes, as a LemonBrew Partner Agent, you can choose to match with only buyers, only sellers, or both! You can easily adjust your settings on the portal. You are in complete control!
Do I need approval from my brokerage to become a LemonBrew Partner Agent?
To become an approved LemonBrew Partner Agent, your brokerage MUST agree to all terms and conditions. That also includes the terms and conditions of the rebate back to the buyer.
If I lower my listing fee, does that lower the LemonBrew referral fee?
The LemonBrew referral fee is 25% of the gross commission irrespective of the commission structure.
What happens if the buyer/seller I matched with is not responsive?
Most initial communication will happen in the LemonBrew portal but if you, the buyer or seller chooses to not work with you or is being unresponsive, please email support@lemonbrew.com
Do I get a referral fee if I refer other agents to the LemonBrew platform?
Unfortunately, not. At this time, we do not have an agent-to-agent referral fee program but you can always help grow the LemonBrew community by referring anyone who you think might be a good fit.
Why do I have to sign a new referral agreement every time I have a new match?

 

The transaction referral agreement details the terms and conditions of each, specific transaction.

 

Lending

What is the difference between interest rate and APR?

Your interest rate is the monthly cost you pay on the unpaid balance of your home loan. An Annual Percentage Rate (APR) includes both your interest rate and any additional cost or prepaid finance charges such as the origination fee, points, private mortgage insurance, underwriting and processing fees. (Your actual fees may not include all of the items above.) While your interest rate is the rate at which you will make your monthly mortgage payments, the APR is a universal measurement that can assist you in comparing the cost of mortgage loans offered by different mortgage lenders

Are pre-qualification and pre-approval services free?

There is no charge for getting pre-qualified or preapproved. You’re not under any obligation to use this site to apply for a loan, even if you use it to review interest rates and terms for a variety of loans, or use it to get preapproved or pre-qualify for a loan.

How important is the loan to value ratio?

The loan-to-value ratio or “LTV” shows how much equity you have in your home. Equity is the difference between how much your home is worth and how much you owe on it. For instance, if your home is worth $200,000 and you owe $130,000 on your mortgage, you have $70,000 worth of equity in your home. To calculate your LTV, divide your current loan amount by your home’s value. In our example, your LTV would be 65%. In the world of lending, higher loan-to-value (or lower equity) means there is a greater risk the borrower may default on the loan. Therefore, LTV is important in determining qualification for home loans and rates. In general, the lower your LTV, the lower your rate.

Can I get a loan if I live outside the United States?

Yes, as long as certain criteria are met. Typically, you must be a U.S. citizen with established credit and income history. We can occasionally assist borrowers who are not U.S. citizens if the home being financed is a primary residence. Additionally, the property must be located in the 50 United States or the District of Columbia. As always, every situation is unique, so contact a Home Loan Expert to be sure you qualify.

What if I have an H1B, L1, or EAD card?

We process the most non-permanent residents loans. We are experts in the visa process.

When is my rate locked?

Your rate can only be locked after you sign the full application package and provide ALL the initial financial documentation requested. Please keep in mind that your interest rate CANNOT be locked until we have received all signed application pages.

Who can answer questions not addressed here?

There are tons of ways to reach out us!

If you’re not sure where to start, try our Client Relations team:
Call toll-free 855-549-7001 or e-mail us at hello@lemonbrew.com.

You can also utilize our Live Chat feature as well.

Title Insurance

What is title insurance?

Title insurance protects property rights.

Unlike other forms of insurance that protect you from future occurrences, title insurance protects the policy holder from past events that might jeopardize claims to ownership in the future.

Most home sales involve the services of a title company. That company conducts an exhaustive search of public records to verify that a seller has the legal right to sell the property to a buyer. The title company backs its verification with title insurance. Title insurance protects the policy holder, which could be the lender, owner, or both, in case someone makes a future claim to the property.

In the event of a future claim, the title insurance will pay for covered losses and expenses associated with fixing the issue. This insurance only covers defects to the title related to circumstances or actions before title transferred to you.

Why do I need an Owner’s Title Insurance Policy?

If you’re buying a home, there are many hidden issues that may pop up only after you purchase your home. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies.

What is an example of unexpected title claims which could arise when purchasing a home?

There are many examples of title claims which you could be unaware of when purchasing a home. Outstanding mortgages and judgments, or a lien against the property because the seller has not paid his taxes.Pending legal action against the property that could affect you. An unknown heir of a previous owner who is claiming ownership of the property.

How long does my Owner’s Title Insurance Policy provide coverage?
For as long as you own your home, your owner’s title insurance policy
protects your property rights.
What is a Lender’s Title Policy?
The Lender’s Policy insures the legitimacy and enforceability of the lien
of the Lender’s Mortgage or deed of Trust. The Lender’s Policy insures
the lender for the amount of money borrowed against the property.
You will need to purchase a Lender Policy for every new mortgage that
is taken out on the property.
What is a title search?
A title search is a detailed examination of the public records pertaining
to your property. These searches provide us with information
pertaining to the owners of the property, any liens/judgments
attaching to the property, current and past mortgages and much more.
The title searcher examines court records, deeds, property and name
indexes and the city tax databases.
What does Chain of Title mean?
The Chain of Title is the sequence of transfers of title to a property.
The chain of title begins with the current owner and goes back to the
original owner of the property.
What is a RON closing?
RON stands for Remote Online Notarization. Many States and Lenders
now accept electronically signed and notarized closing documents. This would eliminate the need to physically attend and sign closing documents in person. Consult with your Lender to see if this is something they will allow.
What options do I have for paying my portion of closing costs?
As a LemonBrew Abstract customer, you can transfer your funds for
closing through our electronic funds transfer platform, LemonBrew Pay.
We offer this as a free service to our title customers. This eliminates
the need to visit your Bank for traditional funding methods such as
Certified Check or Scheduling a Wire Transfer.
How can I track the progress of my title insurance order?
Once you order is placed, you will be invited to “Connect” through our
title platform for real time updates and notifications. You can also use
our secure platform to upload any additional documentation that may
be needed in order to provide you with a Title Commitment.

Home Insurance

What is homeowners insurance?

Homeowners insurance can protect you from the unexpected. If your home is damaged, your belongings are stolen or someone gets injured on your property, it can help cover repairs or replacement, temporary housing, medical bills, legal fees and more. A homeowners policy is recommended for anyone who owns a home or condo, and may even be required by your mortgage lender. In certain areas, you may need separate policies or coverage to help protect your home and personal belongings against damage due to  floods, earthquakes, windstorms or hail.

What does a typical homeowners insurance policy cover?

A LemonBrew insurance representative can help you determine the homeowners coverage that best fits your needs and budget, but a typical policy can cover:

  • The structure of your home
  • Other structures on your property (e.g. garage, shed)
  • Your personal belongings
  • Additional living expenses if you cannot live in your home due to a covered loss or repairs
  • Your personal liability or legal fees
  • Valuable items (extra coverage can usually be added)
Why should I use LemonBrew Insurance?

LemonBrew Insurance is a full service independent insurance agency licensed and experienced in multiple states. We provide a one-stop shop for all of your personal, business, and life insurance needs by offering you more options. We have access to multiple top rated national insurance carriers which means lower rates and better coverage options to better suit you and your families insurance needs.

Do I have to pay fees to have LemonBrew shop my insurance for me?

Absolutely not! We do not charge any fees to our clients for reviewing and shopping your insurance. We contract directly with the insurance carriers that we represent and do not pass on any fees to our clients for quotes or policies.

What discounts are available to me?

Discounts, yes please! Remember to ask your LemonBrew insurance representative about discounts for multiple policies, security systems or fire protective devices, certain smart home technologies, claims free history, and more. Discounts vary by state and eligibility.

How is Homeowners insurance paid?

You can always pay the insurance company directly for your homeowners policy, but you have other options. It is very common to have your mortgage company escrow your homeowners insurance, which allows you to pay your homeowners insurance payment along with your mortgage payment each month.

What are some factors that affect homeowners insurance premiums?

If you’re shopping for homeowners insurance, you’re probably wondering how the insurance company determines your rate. Home insurance premiums are personalized for every homeowner. Some factors that impact your rates include the state where you live, your claims history, policy coverage amount, age and condition of your home and discounts that are available to you.