Differentiate yourself, care for your clients and provide them valuable financial tools in a single super-app. Keep your prospects and clients off of financial apps backed by lead gen marketplaces. With features including credit, budgeting tools, mortgage readiness and even real estate search FinLocker provides your clients a one-stop-shop of financial tools, under your brand. In this current environment, staying meaningfully engaged with your prospects and clients is more important than ever. Use FinLocker to help your prospective clients best be prepared to take advantage of the market as it returns.
A Partnership that Empowers MortgageX
“FinLocker is perfect for showing your clients that you are invested in their long-term goals by giving them a secure online resource to protect and manage their financial future. If you want an amazing tool to help create customer lifetime value, FinLocker is it!””
Jason Frazier
Leader of MortgageX Mastermind
Benefits for a Loan Officer
- Customer engagement platform
- Native app (IOS & Android)
- Support journey of first time home buyer
- Top of sales funnel & prospect grooming
- Customer for life connectivity
- In app messaging to prospects and past clients
- Digital asset verification – D1C approved
- Streamlined mortgage application
Benefits for the Consumer
- Manage entire financial life in one app
- Credit score, report, alerts & monitoring
- Bank level security
- Spending analysis
- Budgeting & planning
- Savings goals
- Homeownership and mortgage education
- Property value including recently sold near you
- Real Estate search
- Document storage
- Consumer controlled data sharing
FinLocker Dashboard
Our dashboard allows consumers to see financial assets, credit score, budget, goals, property search, and home value all from one interface.
| FinLocker Fees | Standard | Mortgage X Pricing | FinLocker ROI | |
|---|---|---|---|---|
| One-Time On Board | $300 | $200 | # of active lockers: 125 | |
| Monthly License Fee | $250 | $175 | # of loans closed: 6 | |
| Transaction Fee | $175 | $125 | ROI: 615% |
Monthly license fee provides originator with up to 125 active consumer reusable FinLockers. Transaction fee is based on consumer sharing data and documents from the reusable FinLocker in order to initiate a mortgage application. ROI is calculated assuming 125 active reusable FinLockers, a conservative conversion rate of 5%, resulting in 6 loans, w/ 150 bps originator revenue.