Financing - Internal notes

Modified on Wed, 13 Nov, 2024 at 12:02 PM

When someone wants to turn on financing, first they must setup with the finance company.

Send them this email. This starts the application process.

Once the app process is complete, Cesar DeCastillo will email itsupport@miraclemethod.com with their finance link.

You can then put that link inside the Compass Settings for the zee. Our contact for questions is cesar.DelCastillo@foahi.com 

Email:

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Thanks for enquiring about the Financing option inside Compass!

Compass allows you to have a button to send the financing application, right inside each customer record. The financing application instantly approves the customer (subject to credit). Customers see various financing offers, depending on what offers you choose to show your customers.

During your vendor setup process, the lender will speak with you to talk through each option you can offer to customers. 

A few key features:
  1. Send application to customer straight from Compass
  2. Built in 2nd look option. Underwrites to 575 FICO. Approval rates >80%.
  3. Soft Pull - Run a risk-free application without hurting the customers credit score. 
  4. No Dealer Fee's: Offer 9.99%- 10.99% APR for 5, 7, 10, 12, and 15 year terms with ZERO cost to you.
  5. Higher Approval Amounts: Up to $50k auto-approvals for Same as Cash (6, 12 or 18 months) or fixed plans (5, 7, 10, 12, 15 year terms)
To get started, please fill in this form: https://bit.ly/Get-FOAHI-CDC

Cesar from Finance of America will reach out to you once you fill in the form. 
You can contact our vendor rep at Cesar.DelCastillo@foahi.com 

Once you are set up, the lender will send us the information we need to integrate right into Compass.

Thanks!

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