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More Customers Get Funded With MyHomeAssets! Software
Bottom line: if your borrower’s bottom line is out of whack, you may not be able to find a home loan suitable to your customer. Personal assets is the most overlooked line on a borrower’s personal financial statement.
Yet studies show that homeowner grossly underestimate the value of their personal assets, both when applying for a loan and when it comes time to buy insurance--often guesstimating the value of their belongings by about 30 to 50 percent of the actual value.
An accurate personal asset inventory catalogued with MyHomeAssets! software can mean the difference between a negative net worth and a positive one, or securing a loan or being denied.
Banks are uneasy about personal asset estimates anyway, but MyHomeAssets! software provides a detailed addendum of asset details, including original value, replacement value, make, model and serial number--the difference between guessing a value and proving it can be dramatically convincing to a lender.
MyHomeAssets! software is available to mortgage brokers, lenders and others who need to ensure their customers provide accurate information about their personal wealth.
You can economically provide the important MyHomeAssets! software tool to your customers, immediately setting your firm above competitors, while building credibility, expertise, and loyalty, right from the start of your relationship.
Call us to learn more about our bulk purchase option, allowing you an inexpensive and unique way of helping your clients. Packaging can include branding with your firm’s logo and contact information. Contact us today for more information and to learn more about how the mortgage and lending industry is using this unique tool to build their business.
Click here for more information about customizing MyHomeAssets! Software with your business logo and wording.
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October 18, 2007