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FinLocker Launches Web v3.0 with Enhanced Capability to Accelerate Consumer Mortgage Readiness and… | News

ST. LOUIS, MO, April 27, 2022 (GLOBE NEWSWIRE) — FinLocker, a leader in consumer-authorized personal financial assistance digital tools that deliver hyper-personalized journeys, has released a significantly updated web experience designed to accelerate the process of preparing to qualify for a mortgage. Web version v3.0 of FinLocker offers users a contemporary design refresh, simplified navigation and improved user experience to increase engagement with integrated financial tools to prepare for a mortgage and home ownership .

“Our talented team continually improves our UX based on user research, customer feedback, and the latest developments in user behavior analysis and science in a digital environment. Working with our customers, our design team and Development has spent long hours reinventing our previous versions of the Web UI to develop a more impactful set of screens and flows for the end consumer,” said Prabhakar Bhogaraju, Executive Vice President, Head of strategy and product development.” We’ve redesigned the dashboard to make frequently used financial tools easier to access for all consumers. For those focused on buying a home, we’ve organized the mortgage preparation tools to simplify the process of tracking their progress toward mortgage preparation and connecting with their mortgage originator. when they have reached their credit, debt management and savings goals. »

The web v3.0 version has improved usability by bringing tools commonly used by buyers and owners to the front of the dashboard. The new layout shifts FinLocker from a robust set of features to a results-based user experience model, with every tile and screen designed to affect “results.” The results could be understanding their net worth, accessing detailed expense analysis, monitoring credit, or simulating a home’s buying power. The simplified navigation was designed to help users manage their financial life effectively so they can reach their financial goals faster.

FinLocker Web v3.0 improves transparency of mortgage eligibility guidelines by showing consumers their actual status on twelve possible mortgage readiness criteria, mortgage guidelines for each criteria, and steps they can take to expedite mortgage preparation.

This release brings the FinLocker web experience online with the already streamlined FinLocker v3.5 mobile app, available for Android and iOS. The app is available to mortgage lenders and other business customers in private label versions customized to match branding, color theme, and even custom customer features and integrations. Our enhanced customer experience and self-service preparation tools improve confidence and certainty in the mortgage process for a consumer and greatly amplify the lender’s engagement with the consumer.

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About FinLocker

Based in St. Louis, Missouri, FinLocker provides a secure financial fitness product that aggregates and analyzes a consumer’s financial data to deliver personalized journeys to build and monitor their credit, manage their financial accounts, receive their net worth and l cash flow analysis, create goals, save, and budget to achieve loan eligibility for a mortgage and other financial goals.

In the FinLocker app, consumers can complete a readiness assessment before applying for a mortgage, begin their property search, and securely store personal and financial documents, which can be shared with a lender directly from application to begin their loan application. Mortgage lenders and financial service providers use their FinLocker private brand to generate and convert leads, gain market share, reduce loan processing costs, lower risk and create customers for life.

For more information, visit FinLocker.com.

Diana Mulhall FinLocker 415-786-2406 diana.mulhall@finlocker.com

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