This software is a loan qualifier for fixed or variable rate mortgages, helping users determine how much house they can afford and potentially discovering they can afford more than expected. Summary: A mortgage loan qualifier software for fixed and variable rates.
This software is an excellent tool to determine how much house you can afford. It is programmed to qualify you for either a fixed rate or a variable rate mortgage, and it uses the same calculation method as a banker to determine the approval amount. It considers all essential factors such as principal, interest, homeowners' insurance, and taxes (PITI) to provide accurate results.
The printouts generated by the program are professional-looking and can be used by financial planners as the program contains a "prepared by:" section. Additionally, it may also be useful for small mortgage lenders to pre-qualify potential borrowers.
For potential homebuyers, this program quickly shows them how much house they can afford based on their income and existing indebtedness. Overall, it is an efficient program that helps in making informed decisions in regards to taking out a mortgage.
The printouts generated by the program are professional-looking and can be used by financial planners as the program contains a "prepared by:" section. Additionally, it may also be useful for small mortgage lenders to pre-qualify potential borrowers.
For potential homebuyers, this program quickly shows them how much house they can afford based on their income and existing indebtedness. Overall, it is an efficient program that helps in making informed decisions in regards to taking out a mortgage.
What's New
Version 1.2: Updated Pad File