Chatbot for Mortgage Calculation

Buying home loans is already a struggle and if we add into it calculating the monthly payments, it doubles the inconvenience. If you are a mortgage broker providing mortgage services to your potential customers which involves calculating the monthly payments for each of them, this mortgage calculator chatbot can kick out the possibility of poor customer service by automating the entire process. This digital concierge can make lead generation for mortgage brokers effortless since customers can have some common questions answered and don't need to fill a boring online form.

Features and Benefits :

  • The chatbot asks the customer to enter the price of the house (in $) they seek a mortgage for.
  • It asks them to enter the amount of down payment that they are comfortable with.
  • It asks them to enter the number of years for the loan tenure and the interest rate percentage.
  • It asks the customer if they would like to know whether they are eligible to get prequalified for the loan or not.
  • If the customer wants to know that, the chatbot asks them the type of mortgage they wish to take- refinance or purchase.
  • It asks them to enter their zip code and credit score.
  • It collects their name and email address to send them a detailed analysis of the monthly mortgage payments.
  • It eliminates the chances of errors in calculations.
  • Similar Templates in Finance & Banking Industry

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    Implementing a chatbot revolutionized our customer service channels and our service to Indiana business owners. We're saving an average of 4,000+ calls a month and can now provide 24x7x365 customer service along with our business services.

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    The Tars team has been wonderful to work with. We've used them for a few years and just expanded their tools' use; the customer support they offered was unmatched. I appreciate everything they have assisted us with. The platform itself is very user-friendly and straightforward to navigate. It had all the features we needed; if not, they added it.

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    Since our launch of Tars chatbots, we've had more than 5k interactions with them from individuals on the website. We saw prospects interacting with the chatbot regarding application timelines, tuition, curriculum, and other items that may come through an email. This provides another avenue of access to our team while cutting down on staff needing to email back.

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    My organization is using Tars Chatbot more than 2 years now. The Chatbot is very useful is generating quality leads for us.

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