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Show HN: Free mortgage analysis tool to avoid getting screwed by closing costs

(closingwtf.com)
273 points aaln | 3 comments | 15 Nov 24 17:38 UTC | HN request time: 0.712s | source
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kojeovo ◴[15 Nov 24 19:03 UTC] No.42149815[source]▶
The privacy and security part is not inspiring confidence. Scrolling to the next section got me thinking "Don't get scammed at closing, get scammed before closing after uploading your mortgage documents to a random website."

Cool idea though.

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aaln ◴[15 Nov 24 19:31 UTC] No.42150061[source]▶
Hey, Aaron the builder here.

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.

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mannyv ◴[15 Nov 24 19:38 UTC] No.42150132[source]▶
Ignore the haters, they will probably never be your customer.
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ziddoap ◴[15 Nov 24 21:08 UTC] No.42151071[source]▶
People are trying to increase the potential customer base of the author by pointing out where there is room to improve. That is incredibly valuable, and one of the major reasons to do a Show HN.

That is not being a "hater".

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cj ◴[15 Nov 24 22:03 UTC] No.42151693[source]▶
The percentage of regular people who care about any of the risks discussed in this thread is approximately zero. For better or worse.

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.

replies(1): >>42152136 #
1. ziddoap ◴[15 Nov 24 22:46 UTC] No.42152136[source]▶
When people who do care about privacy and security make their voices heard, such as the case here where the owner has committed to improving their policy & processes, it benefits everyone using the product or service.
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2. cj ◴[15 Nov 24 23:08 UTC] No.42152331[source]▶
It’s not in the spirit of a “Show HN” to attack the guy’s privacy policy and shut down the idea over security concerns that the general public wouldn’t think twice about.
replies(1): >>42152349 #
3. ziddoap ◴[15 Nov 24 23:11 UTC] No.42152349[source]▶
No one "attacked" the author.

The first comment said "not inspiring confidence" and then WaitWaitWha gave a very thoughtful comment with actionable advice, based on that comment and the reply. These are not attacks.