Property Fox Homeownership Analysis
The Foundation of Every Mortgage Conversation
Be empowered with a clear understanding of every mortgage that crosses your desk and the tools to make informed decisions. With comprehensive analysis goes beyond simple calculations, you get a dynamic view of your clients’ mortgage journeys and future possibilities.
Every insightful decision starts with a solid plan. Receive seamless connections between your customers' Homeownership plans, and the analysis details that support your recommendations.
A Homeownership Plan is a strategic, visual roadmap that looks at the full amortization timeline and aligns your current mortgage term with future life and financial goals.
The reality is a mortgage isn't just one term — it's a series of terms over the entire amortization period, often 20 to 30 years. Making decisions based only on today’s rate can lead to missed opportunities or misalignment with long-term goals.
The Property Fox intelligence engine automatically creates customer engagement campaigns based on each individual mortgage. Each Homeownership Plan automatically generates an analysis for three critical periods of time to make your job fast and easy.
Analyze:
Term History
Analyze: Term History
Where your Customer Stands Right Now
Term History illustrates how the client’s mortgage has performed to date through the active term. It tracks their performance against their plan so that you know if they should stay the course, or change their plan.
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Current Balance: Outstanding mortgage amount
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Remaining Term: The contractual time remaining in the term
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Effective Amortization: The remaining amortization period adjusted for rate changes, extra payments, or payment accelerations
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Estimated Penalty: The cost to break the mortgage today
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Break Even Rate: The rate you’d need to save enough interest to cover the cost of the penalty through the remaining term.
Analyze: Remaining Term
Projecting the Remainder of the Active Term
Remaining Term projects how the client’s mortgage will perform up to renewal. It allows you to quickly illustrate the impacts of Bank of Canada announcements, forecasted rate changes, changing payment frequency, refinancing or locking in. It’s the fastest way to show your clients the impact of your recommendations.
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Payment Adjustments: The changes to payments and interest costs over the remainder of the term based on actual and forecasted changes
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Savings Calculations: The net projected interest savings if a refinancing option is recommended
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Projected Balances: The projected end of term balance, taking into account additional payments made and planned
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Scenario Comparisons: Allows you to design your own scenarios and compare that to the current mortgage and plan
Analyze: Remaining Term
Analyze:
Next Term
Analyze: Next Term
Planning the Next Mortgage Term
Planning the next mortgage term for the client is the first step in winning the next mortgage term. Next Term automatically populates with the projected end of term balances and rates so that when the client’s renewal letter arrives, you’re all ready to show how it stacks up against your plan.
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Compare Products: Comparison of up to 5 different products so that you can put your recommendation directly into your clients plan
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Change Lender/Type: A single ownership plan can change between types, lenders, and even if you got it funded or if it went to a competitor. It all reflects on the client’s home ownership plan.
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Debt Consolidation: Take client debts into consideration and illustrate the impact on combined payments and interest costs by rolling debts into the mortgage.
Step 1
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Add a Client Deal and Start Engaging
Add a Deal: Enter anything from new purchases to existing mortgages, and Property Fox will automatically create a customize homeownership plan for your client.
Activate Campaigns: Property Fox will prompt you to activate any campaigns that are immediately available for your client. Turn those on and your client will begin to receive personalized, branded emails, based specifically on their own mortgage and their own situation.
Choose when to Review: Tell Property Fox the frequency you want to review your client’s mortgage with them and it will automatically keep both you and your client informed. No plan for them yet? No problem! Property Fox recognizes when a client doesn’t have a plan set and lets them know that you’re ready to help them put a plan together so that they can save time and money on their mortgage!
Step 2
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Personalize the Client Home Ownership Plan
Make it Their Plan: When you connect with your client, that's your opportunity to capture their goals, show them the importance of planning their entire homeownership journey, and add reminders, events and future adjustments to their plan timeline.
Activate More Campaigns: The more you add to a client’s homeownership plan timeline, the more automated campaigns you enable. Choose which campaigns you want to use for each client and then let Property Fox take care of writing them and keeping them up to date on their plan progress.
Effortlessly Check-In: Ditch the spreadsheets and get connecting. Property Fox automatically updates every mortgage every day, and compares the actual performance against each client’s plan. Feel free to jump on with them whenever they're ready because the numbers you need will be at your fingertips.
Step 3
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Monitor Engagement, and Grow your Business
Watch for Hot Deals: Property Fox isn’t just engaging with your customers, it’s looking for more ways you could engage with them! Watch the Hot Deals section of your dashboard to see opportunities you might otherwise miss.
Bring in More Customers: If you already have a database of customers you’ve previously done business with, let us help you bulk upload those into Property Fox so that you can re-engage with them. Why leave those to the lenders, we can help you go win those back!
Prospect to Expand your Reach: With Property Fox doing the heavy lifting for creating plans and keeping your clients engaged, you can begin to reach out and find more clients. Our built-in lead capture tools allow you to automatically create homeownership plans for both your referral prospects and inbound leads.