Lenders

Helping Lenders, Help Borrowers

With You Until The Last Draw

Marketing

Lead Magnet

Capture & Convert
customer leads

Underwriting

Repair Budget

Generate & Validate
repair budgets

Servicing

Draw Inspection

Organize & Manage
draw inspections

Find all your information in one place... no more emailing Excel & PDF files back and forth

Marketing Lead Magnet

Attract customers by offering valuable tools that will keep them engaged with your brand. Capture leads that come to your website by offering them free accounts to help with their due diligence efforts. Then track and follow-up with Borrowers when you receive email alerts about new accounts and new property records being created.

Underwriting Repair Budgets

Help your customers create better repair budgets with a comprehensive scope of work and accurate pricing model. Househacker equips your Borrowers with the tools they need to properly screen their own deals, saving you time and money and it helps you validate their repair budgets using a time-tested system.

Servicing Draw Inspections

Our scope of work template and repair cost algorithm make quick work of the complex draw inspection process. Manage all of your draw inspection needs with Househacker and stop sending Excel and PDF files back and forth. Everything can be done inside the app by passing control of a property record back and forth between Borrower, Inspector and Lender.

Small Business Package

1. Branded copy of Househacker Pro that comes with a registration page where an unlimited number of Borrowers can create accounts.
2. Every time a Borrower creates an account in your branded version, you will get an email with their name, phone, and email address.
3. Every time a Borrower creates a new property record you will get a copy of the report sent to your email to keep you up to speed with what prospects are looking at.
4. When you login to your Admin Account you see every property record that every Borrower has ever created and you can edit those budgets at any time as a collaborator.
5. You will also have a page that lists every Borrower that has signed up for an account using your registration page.

Cost : $500/month + a one-time $1250setup fee

Enterprise Package

1. Each loan officer gets their own registration page link that will tie incoming leads to their personal pipeline dashboard.
2. The new account creation and new property creation emails go to them.
3. Loan officer can choose which loan processor is their default processor.
4. Loan officer can reassign any given property to a different processor at any time.
5. Like the Loan officer, the loan processor can collaboration on the budget and lock the budget so the borrower can no longer tweak their numbers.
6. Loan processors have their own dashboard of properties in their queue.
7. A super administrator role sees all properties across all loan officers.
8. The super administrator can step in and do anything any loan officer or loan processor can do.

Cost: $1,000/month + a one-time $2,500 setup fee $150/mo per user (i.e. Loan Officer, Loan Processor, Assistant, etc.)

We have spreadsheet export capabilities as well as more advanced integration such as XML export.
We also have API's for custom integrations, and a specific integration to send leads directly into Salesforce.

The benefits of using Househacker Pro...

Reduce man-hours creating, editing and finding rehab budgets in the abyss of your file system

Reduce bad loans by underwriting with comprehensive scope of work and more accurate rehab budgets
Reduce friction in their draw request process by standardizing your scope of work
Capture more leads from your website offering free white-label accounts to potential Borrowers
Collect valuable data about what your customers are doing when out prospecting for houses
Convert more lead by keeping your brand in front of Borrowers who use the white-labeled software when evaluating houses

Our Goal is to be the gold standard in the Private Lending space at providing a clear, consistent, comprehensive scope of work and realistic, reliable, rehab budget numbers.

Item	Small Biz	Enterprise	Description
Setup Fee (One-time)	$1,250	$2,500	One-time fee for the white-label rebrand with client logo and color scheme, landing page and administrative account(s) creation
Lender Account (Monthly)	$500	$1,000	Monthly licensing fee for Househacker Pro white label account to include Repair & Risk plugins and unlimited user accounts.
+ RIO Plugin (Monthly)	$200	$200	User-driven Return on Investment calculator used to determine the Maximum Allowable Offer and/or Profit Potential of an Investment Property.
+ Valuation Plugin (Monthly)	$350	$350	Select market comparable presented via Househacker Pro API to determine, substantiate, and document the After Repair Value of the Subject Property.
+ Additional Admin Accounts (Monthly Fee Per User)	-	$150	Each additional Admin (i.e. Loan Officer, Loan Processor, Assistant, Servicing, etc.) that will be creating or managing Borrower records.

Househacker Pro Module Overview

1 Loan Application

,A simple and effective way for Borrower's to apply for financing, with an elegant mobile-friendly user interface for maximum conversion rates.

(pilot opportunity)

2 Repair Budget

Helps users to create better repair budgets with a comprehensive scope of work and accurate pricing model.

3 Draw Management

Allows a record to be passed between the Borrower, Inspector and Admin Account to request and complete draw inspections

(beta)

Example: Enterprise Account Types with Hierarchy

"HouseHacker is an innovative rehab estimator tool that allows users to generate a rehab budget with just the property address and a few clicks. The budget can be fine-tuned by providing additional detail as needed. The algorithm is extremely accurate and includes regional cost variances for increased precision. This tool will replace the spreadsheet that is currently being used in BLN."

"Each of you and your processor will have a Househacker account. Additionally, you will be able to give a free HouseHacker account to your contacts so that they can run the budget themselves. The HouseHacker tool is also being placed on our website and will serve as an additional source of leads for customers who visit our website."

- Mark Blake RCN Capital

admin_list.xlsx
File Size:	10 kb
File Type:	xlsx

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Helping Lenders​, Help Borrowers