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Aster Key — Start your mortgage anonymously
Start a home loan anonymously with our ultra-secure app. Get lender-ready and connect with privacy-focused lenders without revealing personal information. Product Hunters are tech leaders—perfect for exploring Aster Key to protect friends and family's data!
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@bradblumberg Cool Product, How quickly can I start a mortgage application using Aster Key?
@giorgi_khatiashvili2 If you are looking for a home in the United States—TODAY! Just download the app from iTunes or Google Play. We'll work on other countries where we can verify data. If you are in countries supported by Plaid, you can create ultra-secure financial statements and a proof of funds letter on your mobile device (we don't store them on servers) to start your journey and share them with your lenders when ready. In the US, we have lenders in our marketplace in every state.
@kjosephabraham Thank you for the question, Joseph. The hard part was getting all your financial data verified on YOUR mobile phone while not storing any of it on Aster Key servers! But my favorite feature is that you can Start Your Loan Anonymously with MAINSTREAM lenders. That breakthrough, having customers, is huge for a start-up!
@bradblumberg Your product is amazing. I will share it with my circle as I know some people personally who are looking for this type of help.
@bradblumberg
It's impressive how Aster Key is tackling this crucial challenge by giving consumers anonymity. You're setting a new standard in the industry. I’m intrigued by what motivated you to pioneer this approach in such a traditionally vulnerable area. Looking forward to seeing how Aster Key continues to innovate!
@sentry_co Your phone connects you to validating sources, which update when you open the app. We use services like Plaid and Argyle to verify assets, debts, and income. Unlike other apps, we encrypt that data end to end and strip out the personally identifiable information. On your phone, your financial and personal data are stored and encrypted separately. We proof-hash the data to ensure it is not tampered with, but no lender can use the proofs yet, so it's not on-chain (yet) in that manner, but it will be as we build internal tools for lenders. It's a process to change everything :).
@bradblumberg Nice. So Plaid and Argyle will be the authority of valid assets. That's cool they have a lot of skin in the game. That was the issue before. all these mortgage aggregators had no skin in the game so they just Yolo'ed your financial data. How long does the financial data and person data stay separate. until you sign the loan docs. or before that in some due dil process? I guess the most important phase is to guard the aggregation phase. where you get different offers etc? Really cool stuff! can't wait for this to go global. then we are moving away from malignant "Social score systems" and into more benign "decentralised fair game systems".
Its anonymous mortgage process is intriguing! Does it impact the approval timeline in any way?
@aarav_pittman YES! If you get ready in the Aster Key app, it saves you time, and you get to do it without judgment. Then, for lenders who it costs +/- $12,000 to process your loan, it reduces that cost for them as you are well ahead of the game when you apply.
@ted_mann1 You're the MANN! Thank you Ted, I know your firm CollX, so successful guys like you def want to stay safe and secure.
Congratulations on the launch! This is a game-changer for privacy and security in the mortgage industry.
This app seems like a breath of fresh air in an industry that desperately needs more focus on consumer privacy, Kudos to the team for making this happen.
@daniel_henry4 Thank you. We are working HARD! (like all of you makers!)
It seems like a must have for anyone looking to protect their financial data. The focus on encrypted storage and privacy is a huge plus in my book.
This could be a great tool for privacy in the mortgage industry. How does Aster Key compare to traditional mortgage brokers?
@maali_baali We are not a lender. We power any lender that 1) understands our mission is to always put consumer data privacy and data security first, and 2) when we say power, we mean we give lenders a channel to let consumers start their mortgage anonymously.
This is such a valuable tool in todays digital age. The ability to start a mortgage process anonymously is something I think a lot of people will appreciate especially after all the recent data breaches.
@charliee1122 Yes, that's our origin story! Tired of getting our data hacked, again and again.
Really impressed by Aster Keys approach to data security. Having the option to keep my financial information encrypted and private is a huge advantage.
@mark_curz As long as you see the lender in our marketplace when you hit APPLY you can apply to one or more. Note, we only show lenders licensed in a particular state in the US. * The only asterisk is if you get the app from a lender directly, like you see a "start your loan anonymously" button on a lender website, you'll only see the lender who gave you the app.
Wow, Aster Key is exactly what the mortgage industry needs! How’s the user experience so far?
@carmen_judson Since we launched last year, Thousands of consumers have created anonymized and secured financial statements on their phones. This week, we hooked up several lenders who will let you start your loan anonymously. We'll let you know how it goes!
Aster Key sounds like a game-changer, Brad! 🚀 The focus on privacy while navigating the mortgage process is much needed, especially after recent data breaches. It's inspiring to see how you and Eric are addressing these vulnerabilities head-on. The encrypted storage and data anonymization features really set this apart from traditional lenders. Can't wait to try the app and share it with friends—definitely a must-have for anyone concerned about their financial data! Upvoting for sure!
Its great to see a product that finally puts consumer privacy first. Its encrypted storage and anonymous communication features are exactly what the market needs.
Its a breath of fresh air for anyone tired of feeling vulnerable during the mortgage process. Finally, a way to keep my financial data under my control!
Oh this would be great most lenders are covered! Giving away personal and financial information to a mortgage specialist is scary. Never know what would happen to that data and what kind of data retention policy they have.
When are you coming to Canada?
I think this takes some really deep understanding of the industry to make working. Congrats @bradblumberg and the team on the launch!
This is actually awesome — a way for consumers to apply for mortgages without leaking their identity or financial info to data brokers!
The dirty secret of high value transactions like this is that they're swarming with hungry data brokers who are looking for every chance to buy, aggregate, and sell warm leads to loan providers.
@bradblumberg was fed up with this problem and realized that he could build a pipeline for savvy, forward-looking providers that are willing to give their customers a piece of mind by not harvesting personal information unless and until the consumer has picked a vendor.
There's a bunch of fancy on-device encryption and anonymization that makes this all work behind the scenes and the Aster Key team is finally ready to take on banking, mortgage, and credit union customers who want to offer a more secure, privacy-preserving approach to mortgage applications.
@chrismessina Thank you. You embody what Product Hunt means to many people, such as community, curiosity, and constructive feedback from people who love to build and solve problems. Thank you for your support and comments.
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