Cool idea though.
Cool idea though.
The scamming that happens to homebuyers is not even comparable to the risk in uploading docs to a website which promises they won't share user data with anyone. This is genuinely a pro buyer tool with no association with any 3rd party.
The tool has already helped many people negotiate and get a better deal on their mortgage. Please before judging understand that 70% of buyers overpay in their mortgage 1-3% in closing costs and bad rates. It's mind boggling how much lenders get away with profiting in junk fees from stressed out homebuyers.
Bold strategy Cotton.
Owner did the smart thing and listened to the constructive criticism which made me feel infinitely better about using his tool.
Which I will now do, and would not have before. I am also his exact customer.
That is not being a "hater".
Your typical home buyer isn't reading the contract they sign when they buy a home, let alone the privacy policy of a simple tool they use to check if they have a mortgage with decent terms.
kojeovo's original comment was less so. When you build a product, you're going to get random, in-actionable comments from people who just like to complain. Separating the signal from noise is difficult, and while there is a underlying concern about privacy, not giving anything actionable moves it towards to the noise side of the spectrum.