Jean-Paul Elbekian’s Post

True or False? "Transactional" consumer apps are deleted after the transaction is over While attending the Kentucky Derby two weeks ago, I downloaded their app for use while in Louisville. Mainly for betting on the races, but there were some other features that were useful while there. Once back home in Michigan, no longer having a use for it, I deleted from my phone. Unless I'm fortunate to return to the Derby, I'll likely never need that app again. What apps have you downloaded for a specific use-case / transaction, then deleted soon after? Serious question for mortgage industry..... Do you really need a native mobile app for loan application (POS)? Or is this a 'nice to have'? Consumer apps that have utility well 'up the funnel' (reach, assist, educate & engage), into and through the transaction (data share for 1003 pre-fill) and for the entire (post-transaction) homeownership experience (ongoing credit monitoring & alerts, property valuation, equity optimization, financial management - net worth tracking, etc) have MASSIVE VALUE!!!!! Just look at the power of Rocket Money as an up funnel consumer acquisition (lead magnet) for one of the top lenders in the industry. EVERY Originator, regardless of size, can play this game too. By the way.... I know a guy.....

🚀 We're live! Rent App is meticulously designed to make rent payments a breeze. Free bank transfers directly to your landlord, support for auto-pay, no weekly limits, and every payment helps you build credit. Use rent.app or download the iOS app today! 📲 ⏱️ Rent App takes minutes to configure. Simply connect your bank using @Plaid, enter your landlord's phone or email, and hit Pay. They'll be asked to point the payment to the bank of their choice. No need for them to download apps or create accounts 🧘. 🇺🇸 In the US, cash and checks still dominate because there is no free, easy-to-use digital rent payment platform. Rent App combines the simplicity of cash with the convenience of digital payments 💸. 🏡 Importantly, Rent App helps tenants become owners. By optionally reporting rent payments to the credit bureaus, you build credit history, directly affecting mortgage interest rates when financing your first home. Finally, renting can be a stepping stone to owning 🌱. http://www.rent.app

Don’t sleep on the #ProvidenceOneApp, download today! This is another perfect example of conversation starters available through the premium version of our app. Paying just a little more towards your principal each month can really add up fast! Here’s a look at not only how fast the interest savings add up, but also how many years you could shave off of your loan! Contact me to see how much you could save! #extramortgagepayment #smartbuyer #homeowner #expertanswers #stayinformed #staycurrent #powerfuldecision #confidentdecisions #realestate #realestatetips #realestatelife #realestateagent #realestateexpert #realestatetipsoftheday #realestatetipsandadvice #palmagent

Streamlining your mortgage process is just a tap away with 'PHL Mobile App', our easy-to-use mobile app. Fast, paperless, smooth – the way home financing should be. #precisionhomeloans #phlteam #mortgagelender

Streamlining your mortgage process is just a tap away with 'PHL Mobile App', our easy-to-use mobile app. Fast, paperless, smooth – the way home financing should be. #precisionhomeloans #phlteam #mortgagelender

How To Pay For An Expensive Summer Move With Mobile Loan App: Are you gearing up for a big summer move but worried about how to cover the expenses? Look no further than mobile loan apps to help you out. These convenient apps offer a quick and easy solution to secure the funds you need for your move. With just a few taps on your smartphone, you... https://lnkd.in/e8r3AeVY

How to Choose the Best Loan App for Your High-End Mobile Loan In today’s fast-paced digital era, obtaining a mobile loan has never been more convenient. The availability of numerous mobile loan apps has made this process even smoother. However, with so many options, how can you choose the best mobile loan app for your high-end mobile loan? Let’s delve into this in detail:  https://lnkd.in/dN9GZEtU

🌐💸 Wondering about the cost of building a Finance Comparison App like Yallacompare? 💰 Dive into our article for insights on development expenses. Discover the key factors influencing the budget! 💻📊 Read Here: https://lnkd.in/dTaWJtvx #MobileApp #AppDevelopment #MobileAppDevelopment #CustomApps #homemaintenance

New Post: The 10 Best Business Car Loan Options - https://lnkd.in/gMRKwada - Business car loans are a smart move for entrepreneurs looking to drive their businesses forward. Unlike personal car loans, these specialized financing options are tailored to meet the unique needs of businesses. In this article, we’ll unveil the top 10 business car loan options, helping you make the right choice for your company’s wheels.  The Fundamentals of a Business Auto Loan Business auto loans are specialized financial instruments tailored for businesses that require vehicles for their operations. Whether it’s a delivery van, a fleet of trucks, or a company car, these loans ensure that businesses have the transportation they need without straining their cash flow. Here are some key features to consider: Purpose: These loans are meant specifically for commercial vehicles, not personal use. This can include vehicles for transporting goods, providing services, or facilitating business operations. Tax Benefits: Depending on the jurisdiction, the interest on business auto loans may be tax-deductible. The cost of the vehicle, its maintenance, and related expenses might also qualify for deductions or depreciation. Flexibility: Some business auto loans offer flexible repayment plans, accommodating the cyclical nature of certain businesses. Collateral: The vehicle being financed often serves as collateral, meaning if the loan isn’t repaid, the lender can take possession of the vehicle. Loan Amount: Typically, businesses can finance the full value of the vehicle, but some loans might require a down payment. Interest Rates: Rates can be fixed or variable, and they often depend on the creditworthiness of the business, the loan term, and prevailing market conditions. Loan Term: Business auto loans can have a range of terms, often up to five years or more, but the specific term often depends on the lifespan and type of the vehicle. Documentation: Lenders may require businesses to provide financial statements, business plans, or other documents to gauge the financial health of the business. Distinction from Consumer Auto Loans: Consumer auto loans are generally for personal use vehicles. They might not offer the same tax benefits, and their approval might be more based on personal credit scores rather than business financials. Understanding these facets of business auto loans helps companies make informed decisions when looking to finance their transportation needs. It’s essential to shop around, compare rates and terms, and consult financial advisors to find the most advantageous loan for the specific needs and financial situation of the business. Consumer Auto Loan vs. Business Auto Loans Consumer auto loans are typically used for personal vehicle purchases, while business auto loans are tailored for commercial vehicles. The key distinctions lie in their purpose, benefits, and potential restrictions. Business auto loan

Unleash the full potential of your mortgage marketing strategy with Tabrasa One! 💡 Get three essential products in one comprehensive platform, now complemented by our user-friendly Tabrasa One Mobile App. Dive into efficiency and affordability at tabrasa.io