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View Full Version : Adding value of house to Mortgage Loan


rhuiden
12-31-2008, 06:30 PM
Is it possible to add the value of the house associated with the mortgage loan I set up? The net worth is showing the liability but not the asset so it is not correct.

aspmex
01-04-2009, 12:47 PM
Any way to include the value of the home on either the loan, or as an asset account? Estimates on value could be pulled from places like Zillow, or Trulia.

mburdsall
01-04-2009, 02:59 PM
I like the way that Yodlee tries to do it. They allow you to create a manual asset account for your home(s). You are able to link a specific morgtage account to the home asset. (It would be nice to allow multiple mortgage account to a house) With the home account the user can reqeust that Zillow.com provide the value or the user can specify the value.

Since you have a mortgage linked to the home account and an asset value you can easily show the equity of the home and over time you can show trend information about the equity in the home.

I would also think that this would have a number of revenue streams for Mint to all value for there users and customers.