Bofink is a Mortgage Credit Institute (license from SFSA) that offers mortgages to Young professionals (post-secondary education). We have developed a unique credit regulation based on machine learning / neural network that forecasts future salary development, which means that we can lend enough to buy a one room apartment in all of Sweden's cities. Today, a newly graduated university or college student can not buy a one in the 20 largest cities in Sweden. In Stockholm, we offer mortgages with a starting salary of SEK 29K / month compared with traditional banks that require SEK 39K / month. Here we capture the majority of all recent graduates and create a new market we call "future prime" in between "prime" and "Sub-prime"-segment. Mortgages are offered from 2.89-4 % and are therefore more attractive to investors than traditional low-yield mortgages.
ESG
Throughout smart and smoother lending without taking on more risk, Bofink helps the young entering the housing market, reduce exclusion, ensures adequate, safe and affordable housing and growing welfare of the today excluded young population. Bofink thereby fullfil many of the UN's Sustainable Development Goals such as Responsible-, Social-, financial inclusion and impact.
Company Details
- Founded
- -
- Address
- Grev Turegatan 9, Stockholm,stockholm 114 46,sweden
- he****@****ink.com
- Industry
- Technology, Information And Internet
- Website
- bofink.com
- Keywords
- Mortgagaes, Lending, FinTech, Borrowing, RobotAdvisor, AI, App.
- HQ
- Stockholm, Stockholm
Bofink - Mortgage Institute Questions
Bofink - Mortgage Institute's website is bofink.com
Bofink - Mortgage Institute's LinkedIn profile is https://se.linkedin.com/company/bofink
Bofink - Mortgage Institute's industry is
Technology, Information and Internet
Bofink - Mortgage Institute's top competitors are
Coody,
Enreal,
Filestar,
Qred,
Vantier,
Örebro Express Ab,
Tummy Lab,
Navant,
Kreditz,
The Foregrounds.
Bofink - Mortgage Institute's support email address is hello@bofink.com
Bofink - Mortgage Institute's categories are Technology, Information and Internet
Bofink - Mortgage Institute's founding year is 2015
