back

by toddmorey·14y ago·view on hn ↗
Curious to know your revenue model as you advance. Are you planning on 'referral fees' for presented loan offers? And would that approach threaten your appearance as source of neutral information?

I recently bought a house and used this[1] mortgage calculator, which was the best one I found. I liked how you can pivot from calculating on monthly income, purchase price, or a total monthly payment. An easy way to play with the numbers. Of course, since it's a simple calculator, it does require more manual input. I will say, though, it might be nice to have a manual mode with places you can input all those numbers a broker will throw at you.

[1] http://www.mortgageloan.com/calculator/mortgage-qualifying-c...

1 comments
Thanks for attaching the link. We do generate referral fee from leads (we receive the same fee regardless of the lender so we maintain financial neutrality) but we're much more concerned with getting the user experience right (ie the second part of your note).
You guys are well on your way to getting the experience down and I certainly wish you existed when I was working through the purchase of my home. Excited to watch the product develop.