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Module Overview: Refinancing

Learn about the power of our refinancing module

Erica McGarvey avatar
Written by Erica McGarvey
Updated over a month ago

Refinancing can be a great way to build wealth or utilize home equity to consolidate debts. Understanding the cost implications of different loan products empowers your clients to make smarter financial decisions.

Please note: Interest rates are pulled every Thursday from Freddy Mac. We then round up a 1/4 of a point to remain conservative. Interest rates cannot be customized.

Homeowners often don't realize how costly interest can be. Our visually informative refi module helps your clients:

  • See how interest can add up over time.

  • Compare possible refinance options to help them make smarter wealth-building decisions when it comes to their home.

  • Contact you directly with questions through our one-click email features!

The module includes an interactive slider that allows your clients to personalize their refi module based on the number of years they plan to stay in the home. Depending on their timeline, some refi scenarios may benefit them more than others. Homebot will prioritize options based on estimated long-term savings:

  • Estimated breakdowns of cost and savings - we’ll show them potential benefits and risks, directing them to reach out to you for more info. Clients can even call you right from the digest on their cellphone:

Take your client's interest one step further with Homebot & Mortgage Coach's Integration by allowing them to request a TCA directly from Homebot:

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