LoanReady is a financial digital assistant available to you free through the LenderCity Martketplace. Our app was designed to help you get mortgage ready and manage your financial life well beyond the mortgage transaction. Organize in one place: Your LoanReady dashboard summarizes important financial information such as: account balances, transactions, net worth, budgeting, credit score, cash flow analysis, estimated home value, spending analysis, offers and promotions from your financial institution, and an information center with personal finance articles and videos, all in one place. Budgeting: Understand what you are spending and where. Track your spending by categories and drill down into subcategories. Receive alerts if you are off track or confirmation if you are on track. Free Credit Score, Report and Monitoring: Your credit score is prominently displayed in your dashboard - and it doesn't cost you anything. Track changes month to month and learn the key factors that make up your score like length of credit, timely payment history, utilization of credit, total accounts opened and inquiries. Don't worry, this is a "soft credit pull" meaning there is no impact to your score by checking it. Look through your credit report for accuracy. Access helpful articles that explain credit bureaus, credit score, and more. Prepare: Work with your financial partner or institution to best prepare you for home ownership by planning for a down payment, establishing reserves, managing your debt to income ratio, improving or maintaining your credit, loan scenarios through our calculators, establish your projected loan to value, and more. Visit the readiness assessment in your app to see a snapshot of your credit overview, debt to income ratio, cash reserves, employment, down payment and sales price. Search Properties: Looking for your first home? Want to move up, or downsize? Use your locker to search local and nationwide real estate listings. Find homes that match what you can afford. See open houses, customize searches, favorite properties you like and save your searches. Share: When you are ready to move forward with a financial transaction, you choose what accounts to share with your financial institution. All data is always encrypted. Security: Security is our #1 job so you can feel confident that the financial accounts you’ve connected and documents you’ve uploaded are secure. See more here: https://www.finlocker.com/security/ Privacy: Your privacy is important to us. To learn how we protect your privacy, visit: https://www.finlocker.com/privacy-policy/
Consumer centric, easy to use, and very transparent!
Loan Ready helped me analyze my financial wellness and gave me a sense of chances of approval for a mortgage. Thanks!
First time home buyer
I used Lender City a year ago and found their team to be a pleasure to work with. They picked up the phone any time I called with questions and are always very responsive. What was an intimidating process went by with ease with the help of Dan and Greg. I would recommend this group to anyone buying or refinancing a home!
Best Personal Finance Tool Available!
LoanReady by LenderCity is Amazing! Perfect for anyone who eventually wants to purchase a home, or simply get a better understanding of their personal finances and credit. The app is very user friendly and takes you step by step through all the important details. It’s allowed me to better understand my finances, shown me how to budget for the down payment on my first home, and what property value I could potentially afford.
Subscribe our newsletter and get useful information every week.