Find borrowers that are perfect for a refinance. Tap into details like interest rate, equity position, contact details, current loan-to-value, and more
💡Early Access to Borrower Insights is now available! To jump on our Early Access list, and gain access to Borrower Insights click here.
🛑 You will not be able to access Borrower Insights until you have been provided access. Jump onto our Early Access list if you haven't done so already. If you're already on the list, but have yet to receive an access notification, you can connect with our team at support@modelmatch.com
What's in this article?
1. Logging into Borrower Insights
5. Searching in Borrower Insights
8. Viewing previously enriched loans
Accessing Borrower Insights
1. Click the "Access Borrower Insights" button in Market Insights or head over to Borrower Insights by clicking here.
[insert image showing clicking the button]
💡You would have received an alert from our team when access to Borrower Insights has been provided. If you're unsure, you can shoot our support team a message Support Team here.
2. Click "Secure login" on the login page.
3. Now just click "Continue with email", enter your Model Match username (email address), and click "Continue"
🧠 Looking for your security code? We will send your login code to the email address associated with your account. This would be the email address you entered, and your Model Match username. You can click "Resend" to send a new code after waiting at least 5 minutes. We also recommend checking your spam or quarantine folder.
4. Head over to your inbox, grab the code, and enter it back on the login page to sign in to your account.
You're in! Now, let's take a look at how we can start finding borrowers.
What are credits and how do they work?
Credits are your way to reveal loan details like interest rate, equity balance & percentage, home value, and borrower information.
You can obtain credits in bundles ranging from 60 to 10,000. Bonus credits are added to each bundle of 100 or more.
|
Credits |
Bonus Credits |
Total Credits |
Cost Per Credit |
Total Cost |
| 60 | 0 | 60 | $0.33 | $19.80 |
| 100 | 5 | 105 | $0.32 | $32.00 |
| 200 | 20 | 220 | $0.31 | $62.00 |
| 500 | 75 | 575 | $0.29 | $145.00 |
| 1000 | 200 | 1200 | $0.27 | $270.00 |
| 2500 | 625 | 3125 | $0.24 | $600.00 |
| 5000 | 1500 | 6500 | $0.22 | $1,100.00 |
| 10,000 | 3500 | 13,500 | $0.20 | $2,000.00 |
There is only one type of credit. The amount of credits used per loan depends on the amount of details you're revealing. The maximum amount of credits that can be used per loan is 3. Here are the most common scenarios, and the amount of credits that would be used:
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Reveal all loan details (Equity Balance, Equity Percentage, Home Value, Interest Rate, Borrower details) = 3 credits
-
Reveal just the interest rate = 1 credit
-
Reveal only the Equity Balance, Equity Percentage, Home Value = 1 credit
-
Reveal only the borrower details = 1 credit
Are there any fields that do require a credit to be used?
Yes! The following fields are included, and do not require you to use a credit to view them
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Property address (street, city, zip code, state, county)
-
Borrower Status
-
Mortgage amount
-
Loan type
-
Transaction type
-
Loan to Value (at the time of the loan)
-
Current Loan to Value
-
Loan originator
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Loan originator employer (at the time of the loan)
-
Loan company
-
Broker name
-
Lender name
-
Transaction date (of mortgage)
-
Sale date (of property)
-
Sale price (of property)
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Real Estate Agent of Buyer
-
Real Estate Agent of Seller
-
Title Company
🛑 It is important to note that not all fields may be available on all loans. Credits will be deducted only for fields that have been located
🧠 You are not required to reveal ALL loan details to export a loan. You can export any loan as long as at least 1 credit was used to reveal the fields listed above
Purchasing credits
🧠 If you do not already have a payment method on file, you will need to set up your billing profile. Before moving forward, click here to learn how to set up and manage your billing profile in Borrower Insights.
1. Click the Credits menu at the top right of Borrower Insights and click "Purchase Credits"
2. Using the slider, select the bundle you wish to add. Once you have selected the bundle, click "Purchase credits"
3. Your default payment method on file will be charged, and the bundle of credits you selected + any bonus credits will be automatically applied to your account.
💡 You can manage your payment method, view previous charges, and download receipts on your billing profile. Click here to learn how to manage your billing profile in Borrower Insights.
Now that we have credits on our account, let's see how can we find loans, and reveal details
Finding Loans
1. Click "Add Filters" to view a list of all available filters. You will click on a Filter to view options for that specific filter, set your options, and apply it.
In this example, we will click "Equity percent". Once applied, we will see all loans that fall within the range we selected.
💡 Pro-tip: When available click "Custom Range" to specify a range to the selected filter.
2. Now that you have results showing, let's add another filter. Click "Add filters" again, and select another filter. In this example we will select "Transaction Date"
Making changes to applied filters
1. You can make changes to any of your applied filters. To make changes, simply click on the filter to make a new selection.
Include or Exclude Options
Some filters also have additional options like the ability to Include or Exclude results. For instance, we may want to exclude certain loans by Loan Type.
Let's run a scenario where we are okay seeing every Loan except HELOC's.
Instead of clicking all of the available Loan Types except HELOC, we can select HELOC and then set the filter to IS NOT.
1. Let's select the filter from the "Add Filters" menu, make our selection and apply it to our search. Once applied, we will click the filter to toggle it to "IS NOT".
Revealing Loan Details (one-by-one)
1. With results showing, click on the detail that you want to reveal for the specific loan. In the example shown below we are clicking on the icon in the Interest Rate column to reveal the interest rate for each of the loans.
💡 Equity Percentage, Equity Balance, and Home Value are packaged together, and all three will reveal when 1 of the three is selected. Only 1 credit is used to reveal all three of these metrics
Reveal All Loan Details
You can reveal all loan details for a single loan vs selecting individual details.
1. Click the checkbox next to the Loan you wish to reveal and select the "Enrich Loans" button that appears on the bottom of the screen, or click the "..." icon to the right side of the table and select "Enrich Loan".
Revealing Loan Details (in bulk)
1. Click the checkbox located at the top of the page and select the number of loans that you want to enrich.
2. Once you have made your selection, click "Enrich Loans" at the bottom of the page.
💡Click the ^ icon next to "Enrich Loans" to toggle OFF any details you may not want to enrich
Exporting Loan Details
🧠 Only loans where at least 1 credit has been used to reveal details can be exported from Borrower Insights. To export loans, you will need to first enrich them.
You can export single loans, or many loans at once. Once you have your loans selected, click the "Export Loans" button that is made available at the bottom of the page.
💡You can export up to 10,000 loans at a time. Larger exports can take additional time to process. We recommend exporting in smaller batches of loans.
Downloading your exports
You can view all recent, and past export files on the "My Exports" page.
1. Click "My Exports" on the navigation menu. To download the export file simply click "Download File"
💡 Exports are provided in CSV format, and will be downloaded directly in your browser. If you're having trouble downloading the export file, we recommend ensuring that your browser is set to allow downloads.
Viewing your previously enriched loans
You can view all of your previously enriched loans using the "Previously Enriched" filter.
1. Click "Add Filter" and select "Previously Enriched" from the list of available filters.
💡 You can also use the "Previously Enriched" filter to exclude any loans that you've already enriched. This is perfect for seeing new opportunities after you have enriched a large amount of loans.