IP Library Granted Patent US 10,984,493
Granted Patent B1
US 10,984,493 · App. 15/588,099 · Granted Apr 20, 2021

Augmented or virtual reality to scenario plan property purchase or renovation

Inventors: Jennifer Stacey Borchardt (San Francisco, CA); Adam Clifford Christensen (Moraga, CA); Charles Cowell (Dublin, CA); Eduardo DeLa Torre (Oakland, CA); Darren M. Goetz (Salinas, CA); Eric David Greene (Piedmont, CA); Robert Glenn Hamchuk (San Jose, CA); Miranda C. Hill (Seattle, WA); Pey-Ning Huang (San Francisco, CA); Orsolya Oldroyd (Walnut Creek, CA); Paul Vittimberga (Oakland, CA)
Assignee: Wells Fargo Bank, N.A.
G06Q50/165G06Q30/0643G06Q40/025G06Q40/08
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Quick Facts
Patent No.
US 10,984,493
App. No.
15/588,099
Granted
Apr 20, 2021
Kind
B1
Abstract

An example method for displaying renovation options for a structure includes: receiving homeowner financial information; receiving a selection of a renovation option; receiving pricing information of the renovation option; generating a financial impact analysis based on the homeowner financial information and the pricing information; displaying a renovation view on an augmented reality device, the renovation view displaying the structure with a representation of the renovation option depicted thereon; and displaying a financial impact analysis view showing the financial impact analysis, including a renovation budget amount.

Claims (63)

1. A method for displaying renovation options for a structure, the method comprising:

receiving homeowner financial information of a homeowner;

receiving a selection of a renovation option;

receiving pricing information of the renovation option;

generating a financial impact analysis based on the homeowner financial information and the pricing information; and

simultaneously displaying on an augmented reality device:

a renovation view displaying a representation of the renovation option as an overlay to a room that a user is viewing through the augmented reality device;

a cost view comprising cost information of the renovation option; and

a financial impact analysis view showing the financial impact analysis, including:

insurance information showing how the renovation option may affect insurance options for the renovation option or associated structure;

a homeowner renovation budget amount; and

an amount of credit required for the renovation option.

2. The method of claim 1 , wherein the pricing information is received from one or more third party servers.

3. The method of claim 1 , wherein the financial impact analysis further comprises:

displaying one or more credit options, wherein the one or more credit options are selected from a financial institution.

4. The method of claim 1 , wherein the renovation view and the financial impact analysis view are each dynamically updated, and wherein the dynamic update corresponds to a selection of the renovation option.

5. An augmented reality computing device comprising:

a processing unit; and

system memory, the system memory including instructions which, when executed by the processing unit, cause the augmented reality computing device to:

receive homeowner financial information;

receive a selection of a renovation option;

receive pricing information of the renovation option;

generate a financial impact analysis based on the homeowner financial information and the pricing information; and

simultaneously display on the augmented reality computing device:

a renovation view displaying a representation of the renovation option as an overlay to a room that a user is viewing through the augmented reality computing device,

a cost view comprising cost information of the renovation option; and

a financial impact analysis view showing the financial impact analysis, including:

insurance information showing how the renovation option may affect insurance options for the renovation option or associated structure;

a homeowner renovation budget amount; and

an amount of credit required for the renovation option.

6. The augmented reality computing device of claim 5 , wherein the pricing information is received from one or more third party servers.

7. The augmented reality computing device of claim 5 , wherein the financial impact analysis further comprises:

display one or more credit options available, wherein the one or more credit options are selected from a financial institution.

8. The augmented reality computing device of claim 5 , wherein the renovation view and the financial impact analysis view are each dynamically updated, and wherein the dynamic update corresponds to a selection of the renovation option.

9. A system for displaying renovation options and financial impact analysis, the system comprising:

a financial server;

one or more third party servers; and

an augmented reality computing device, the augmented reality computing device comprising:

an optical display configured to project virtual images and being at least partially transparent such that a user can see through the optical display;

a processing unit; and

system memory, the system memory including instructions which, when executed by the processing unit, cause the augmented reality computing device to:

receive homeowner financial information from the financial server;

receive a selection of a renovation option;

receive pricing information of the renovation option from the one or more third party servers;

generate the financial impact analysis based on the homeowner financial information and the pricing information; and

simultaneously display on the optical display of the augmented reality computing device:

a renovation view displaying a representation of the renovation options as an overlay to a room that a user is viewing through the optical display;

a cost view comprising cost information of the renovation option; and

a financial impact analysis view showing the financial impact analysis, including:

 insurance information showing how the renovation option may affect insurance options for the renovation option or associated structure;

 a homeowner renovation budget amount; and

 an amount of credit required for the renovation option.

10. The system of claim 9 , wherein the financial impact analysis further comprises:

display one or more credit options available, wherein the one or more credit options are selected from a financial institution.

11. The method of claim 1 , wherein the augmented reality device is a wearable headset.

12. The augmented reality computing device of claim 5 , further comprising a wearable headset.

13. The augmented reality computing device of claim 12 , further comprising an optical display configured to project virtual images and being at least partially transparent such that a user can see through the optical display when the wearable headset is worn.

14. The system of claim 9 , wherein the augmented reality computing device further comprises a wearable headset.

15. The method of claim 1 , wherein the cost view further comprises an alternative option within the homeowner renovation budget amount.

16. The method of claim 1 , wherein the financial impact analysis view further includes one or more pre-approved credit options in the amount of credit required for the renovation option.

17. The method of claim 1 , wherein the financial impact analysis view further includes a suggestion to delay the renovations until a later date, wherein the suggestion takes into account the homeowner's financial position.

18. The method of claim 1 , wherein the cost view further comprises name information describing a store, shop, or source from which materials and labor of the renovation option originate.

19. The method of claim 1 , wherein receiving homeowner financial information includes receiving homeowner financial information from a server of a financial institution of the homeowner.

Assignments (2)
STATEMENT OF CHANGE OF ADDRESS OF ASSIGNEE Recorded Jun 17, 2025
From: WELLS FARGO BANK, N.A.
To: WELLS FARGO BANK, N.A.
Reel/Frame 071649/0465 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 22, 2021
From: BORCHARDT, JENNIFER STACEY; CHRISTENSEN, ADAM CLIFFORD; COWELL, CHARLES; DELA TORRE, EDUARDO; GOETZ, DARREN M.; GREENE, ERIC D.; HAMCHUK, ROBERT GLENN; HILL, MIRANDA C.; HUANG, PEY-NING; OLDROYD, ORSOLYA; VITTIMBERGA, PAUL
To: WELLS FARGO BANK, N.A.
Reel/Frame 055349/0283 →
Cited By (1)
US 12,678,692