FHA UFMIP Calculator VA Funding Fee Calculator USDA Calculator Mortgage Trainer

Ultimate Mortgage Calculator

Conventional, FHA, VA and USDA Loans

Calculate:

• Qualify borrowers based on: Today’s Rates, Income, DTI and FICO.
  

• Shop Your Top 25 Lenders for Loan Types at Today’s Lowest Rates.
  

• Design Financing to Meet Buyer and Seller’s needs using any combination              of: Price, Payment, Rebate, LO Commission, Seller Concession and MI.
  

• Calculate purchase prices based on any desired P&I Payment or Housing Expense
  

• Calculate Refinance Loan Amounts including all costs and cash out.
  

• Calculate UFMIP, VAFF and USDA Guarantee Fee amounts.
  

• Calculate Cash Over/Short to close including required reserves.
  

• Calculate Seller’s Allowable Contribution - Dollar Amount and Percent.
  

• Calculate Loan Officer Commission for every scenario.
  

• Calculate various MI Combos – Seller, Lender & Buyer paid or Split MI.
  

• Calculate VA Non-Allowable Closing Costs for Purchase & Refinance.
  

• Calculate FHA 203k: Price and calculate loan including repairs and pad.
  

• Calculate Maximum Loan Amounts for each U.S. County.
  

        oConventional

        oFHA

        oVA

        oUSDA-RD with income limits

• GFE 2010 Prepared completely in less than a minute including Fee Sheets for        borrower and lender.   (presently, California only)
  

• Includes Single Purpose Calculators
  

        oIncome – Average Self employed, Salaried and Hourly,

        oIncome – Grossed up Non-Taxable

        oAPR, very accurate.  Check your LOS and Competitors.

        oPayment Difference between two rates

        oInterest Only Payment and Payment when amortized.

        oExtra monthly Payments savings.

        oAnd more

The Ultimate Mortgage Calculator

A Mortgage Trainer for New Loan Officers

A very sophisticated tool for the most experienced.

Pre-Qualifys Buyers based on: Assets, income, FICO and Rate

• No Credit report required
  

• No Application required
  

Shops lenders for Lowest Rate:

• FHA, VA, USDA-RD and Conventional
  

• 15 Yr, 30 Yr, 1, 3 and 5 ARMs
  

• 203(k) Rehabilitation Mortgage
  

Calculates:

• Allowable Closing Costs: FHA and VA
  

• Buyers Minimum Investment - All Loan Types
  

• Seller's Maximum Contribution - All Loan Types
  

• Loan Officer Commission
  

• Points needed to buy rate up or down
  

• Rebate required to pay some or all the buyer's fees
  

• Maximum Loan Amount for every USA County
  

• Loan amount based on local maximum loan
  

• MI, UFMIP, VAFF, USDA Gurantee Fee
  

MI - Buyer, Seller and Lender paid

UFMIP and VAFF - Buyer and Seller paid

• Total Housing Expense
  

  (Principal & Interest, Taxes, Insurance, Mortgage Insurance and HOA)

• Home
  

• 3-n-1 Loan
  

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• FHA 90 Day Flip Rule
  

• FNMA LTV Limits
  

• GOOD NEWS Dep
  

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• Loan Info
  

• Links
  

• Rate Survey
  

• Rate & Point Explanation
  

• Reverse Mortgages
  

• Stealth Shopper
  

• Tax Credit
  

Your Advantage Is

My Experience

Call Bill Ladewig

866.204.9733

Closing Home Loans Since 1970..

Your Mortgage Mentor

California Home Loans Since 1970

For additional information click the gray bar or call 866.204.9733