closing.wtf
Finance and crypto
mortgage analysis
SHOW HN2024
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closing.wtf
Free mortgage analysis tool to avoid getting screwed by closing costs
closingwtf.comHow HN took it
12 positive, 16 neutral or asking, 2 mixed, 40 critical, out of 70 comments about the project. Thread score -0.33.
Privacy: 1 for, 24 againstIdea: 5 for, 6 againstExecution: 2 for, 5 againstDesign: 1 for, 2 againstDocs: 0 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
What people liked
Useful and accurate for mortgage buyers
From 3 comments
This looks really useful. I'll definitely be using this in the near future. However, I unnecessarily downloaded the sample loan estimate PDF and uploaded it again in order to…
samteeeee on HNI uploaded a mortgage I know well, and the results were pretty accurate.
lawls on HNThis is great. Really good work. This looks really useful, and I think you did a great job on the interface and site in general. I hope you aren't discouraged by the other…
avanwyk on HN
Objections
Privacy and security concerns about uploading financial documents
From 3 comments
A side business I have is people who contact me because they just got scammed or need help knowing if something is a scam. One of the things I tell them is to never upload…
trollbridge on HNThe privacy and security part is not inspiring confidence. Scrolling to the next section got me thinking "Don't get scammed at closing, get scammed before closing after uploading…
kojeovo on HN>The scamming that happens to homebuyers is not even comparable to the risk in uploading docs to a website which promises they won't share user data with anyone. Well as long as…
gruez on HN
Uploads frequently fail to process
From 3 comments
I redacted my personal information from my loan estimate and your system couldn't process it. I don't see why you need that information to pull the closing cost numbers?
virtualneuro on HNI tried it out with docs from my last refi. Tried both PDF and PNG files, both returned "An error occurred with processing your document. Please confirm you uploaded a valid Loan…
JimA on HNHey. I ended up with an error saying my PDF could not be processed? But it’s my final loan disclosure form… Also, I’m not entirely sure what costs this avoids? Inspection fees…
freeone3000 on HN
Landing page design is overwhelming and low contrast
From 1 comment
i don't want to be the "get off my lawn" person or "old man yells at cloud," but i couldn't get to what the tool does because the landing page is so overwhelming with colors, the…
thinkxl on HN
Terms of service may need legal review
From 1 comment
hmm, I just read the terms of service.... ahem get a damn lawyer to redo it before you get sued my some State AG.... in this area you cross all t's and dot i's before launch…
fredgrott on HN
Requests
Allow entering numbers instead of uploading documents
From 1 comment
why upload the actual document? why not let users enter only numbers?
sccomps on HN
Export full report to PDF
From 1 comment
Something that would be useful would be exporting to PDF with the whole report so you could send it to your realtor / lender, etc!
jdcampolargo on HN
Automatically detect loan estimate versus closing disclosure
From 1 comment
I tried it out with docs from my last refi. Tried both PDF and PNG files, both returned "An error occurred with processing your document. Please confirm you uploaded a valid Loan…
JimA on HN
Questions
What does the tool actually do with the uploaded data
From 1 comment
Not wanting to upload my info here, but what, concretely, does this tool do? Does it scan to see if some of the fees I am agreeing to are higher than average? If I am paying for…
cool_dude85 on HN
Is it just a wrapper around ChatGPT
From 1 comment
Good job on the product and launching @aaln! I can see it being useful for many home buyers. I’m curious if AI tools like this are just wrappers around ChatGPT? Do they use their…
aoppaol on HN
Alternatives named
ChatGPT with uploaded documents
From 1 comment
Good job on the product and launching @aaln! I can see it being useful for many home buyers. I’m curious if AI tools like this are just wrappers around ChatGPT? Do they use their…
aoppaol on HN
AimLoan.com
From 1 comment
I use http://AimLoan.com! Every detail right is there for you to see including closing costs for whichever interest rate you decide to go with.
paul7986 on HN
Mortgage calculators such as Bankrate
From 1 comment
Mortgage life hack: pay bi-weekly to pay off mortgage faster while paying less money! https://www.bankrate.com/mortgages/bi-weekly-mortgage-calculator/
yboris on HN