A new generation of digital money could help your family get ahead in retirement and boost your home equity, a startup that wants to build a platform that makes it easy for homeowners to track their financial progress.
The platform, called HomePoint Finance, aims to simplify financial aid.
The company’s founders have spent their entire career building startups that have focused on helping people make their financial decisions and save for retirement.
Their goal is to change that by creating a platform where homeowners can track their progress, make their own investments, and have their money tracked through a variety of methods.
As a startup, HomePoint is focused on making its money-saving platform simpler and faster to use.
It uses a combination of technology, data science, and artificial intelligence to identify what a homeowner might need to know about his or her finances.
The platform also helps homeowners navigate their financial options by showing how they compare with the top 10% of homeowners and how much they are likely to be able to save over the life of the loan.
But the startup also wants to change the way homeowners can understand how their finances are progressing and what they can do about it.
The HomePoint team is building a system to help homeowners track their investments.
(Alexandre Dubourg)HomePoint has a unique way of getting around that.
Its system uses data to identify homes that are making the most money relative to the size of their mortgages and then tracks them by asking them questions like how much their mortgage payment is and how many days have passed since the last payment.
This data is then fed into a proprietary algorithm that can predict how much a homeowner can save and then automatically adjust their mortgage loan based on that forecast.
When it comes to how the app will work, Homepoint says it’s focused on two key areas.
First, it’s using machine learning to track its users’ progress and to identify homeowners that are doing well relative to their mortgage payments.
Second, the app helps homeowners track how much of their money they’re actually using to invest and when.
To help users understand their finances, Home Point uses machine learning.
The startup also has a tool called Data Sense, which helps users find other users who have similar characteristics.
HomePoint’s team of engineers has built a system that allows homeowners to monitor their mortgage progress over time and make adjustments based on what the data shows.
(Julie Nelson/WIRED)The system also uses machine-learning to predict how a homeowner’s financial situation will change over time.
“What happens when you go into a new mortgage, what happens when your mortgage loan is down or when you’re looking to refinance?
What happens when it goes into a second mortgage?,” says Ben Trenholm, the co-founder of HomePoint.
“We’re actually learning from these observations.”
Trenholm and his team are building a tool that allows users to find other homeowners who are doing better than them.
The app also has Data Sense to help users find others who are similarly doing well.
To learn more about how the HomePoint platform will work and to learn how to use it, check out the company’s launch video above.
The launch of Homepoint Finance is one of the first projects from a new generation in the field of online financial aid that hopes to democratize online financial help for families.
And, to be clear, Homepoints goal is simple.
It’s to help families better understand their financial situations and make better decisions.
“Our goal is not to make it easier for you to get financial aid,” Trenhammer says.
“Our goal isn’t to make the process of applying for financial aid easier.
Our goal is just to help you do your due diligence.”