Finbothub 2.0.11

Parag Kulkarni – Freeware – iOS
out of 9 votes

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<p>Finbothub offers a platform that allows borrowers to access and analyze live mortgage rates in a comprehensive manner. Among the features available are investment property cash flow and cap rate analyses. Here are the steps to effectively analyze residential mortgage rates from real lenders:</p>
<ol>
  <li>Initiate the process by clicking on 'Create Loan' and provide details tailored to your specific situation.</li>
  <li>Access Conventional Fixed and ARM residential mortgage rates featuring competitive pricing from various reputable lenders, supported by thorough data analysis.</li>
  <li>Review the specifics of each rate and term to make informed decisions.</li>
  <li>Compare different rate options to identify the most lucrative investment returns.</li>
  <li>Examine loan pricing based on variables like property type (condo vs. single-family), occupancy status (primary vs. investment), rate lock duration, and more.</li>
  <li>Utilize the 'Rental Cash Flow and Equity Analysis' tool to assess cash flow and cap rates for different loan terms. Make adjustments to Amortization by introducing recurring or one-time payments to evaluate their impact on cash flow and equity returns.</li>
  <li>For refinancing purposes, use 'Compare Current Mortgage' to juxtapose your existing mortgage against new rates. This feature addresses common queries such as concerns about term extension or maintaining current monthly payments.</li>
  <li>Explore 'View Amortization' to understand how adding recurring or one-time payments throughout the loan duration can affect Total Interest and Loan Term.</li>
  <li>Finalize your mortgage application by connecting with a loan officer through the platform.</li>
</ol>

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2.0.11

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