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Finbothub app for iPhone and iPad


4.0 ( 6960 ratings )
Finance
Developer: Parag Kulkarni
Free
Current version: 2.0.11, last update: 1 year ago
First release : 19 Aug 2021
App size: 15.54 Mb

Finbothub enables borrowers to use a single source for viewing and performing comprehensive analysis on live mortgage rates, including, analysis on investment property cash flow and cap rates. Before applying for a mortgage, follow the steps below to perform analysis on live residential mortgage rates from real lenders:
1. Click Create Loan and answer questions specific to your scenario.
2. View Conventional Fixed and ARM residential mortgage rates with best pricing across multiple lenders backed by data analysis.
3. Check rate details for each rate and term.
4. Compare lower rate analysis and find the rate with highest return on investment.
5. Analyze loan pricing for changes in property (condo vs single family), occupancy (primary vs investment), rate lock days and others.
6. Click Rental Cash Flow and Equity Analysis to analyze cash flow and cap rates for various loan terms. Change Amortization by adding a recurring payment or adding one or more one-time payments to analyze impact on cash flow and equity return.
7. For Refinance, click Compare Current Mortgage to analyze your current mortgage with new rates. Get answers to common questions, such as, "I dont want to extend my term" and "What if I keep may monthly payment same".
8. Click View Amortization to analyze impact on Total Interest and Loan Term of adding a recurring payment or adding one or more one-time payments throughout the loan duration.
9. Connect to a loan officer to apply for a mortgage.