|
|
Category:
Business
|
|
Description of Mortgage Prelude
This easy-to-use program will save you countless time and hassle by determining how much of a loan you are qualified for BEFORE you ever have to fill out a loan application. It uses the guidelines set forth by the Federal National Mortgage Association (a.k.a. Fannie Mae) to determine the loan amount you are qualified for. In fact, the Fannie Mae Guidelines are likely the same ones your lending company is using. Mortgage Prelude will make the process of obtaining a loan as easy and quick as possible for you. Whether you want to compute your monthly payments, determine the amount of interest you will pay, estimate your total closing costs, generate an amortization schedule, or you want to go a step further and analyze what type of loan you can realistically apply for, the program will conveniently guide you through the process. The pre-qualification system built into Mortgage Prelude is accurate because there is a strong chance that your lender will want to have the option of selling your mortgage on what is called the secondary market for mortgages. (In fact, many lenders will have your loan sold before you make your first mortgage payment.) The two largest buyers of loans on the secondary market for mortgages are Fannie Mae and Freddie Mac and, thus, those two entities generally set the standards for home loans. Thusly, your lender will likely want to make sure that the loan they give you fits the industry standards so that they can sell your loan. Although there are many applicable guidelines, probably the most important are what are called the "Qualifying Ratios" (which are computed and displayed on Mortgage Prelude's main screen). Right away you can not only see how much your monthly payment will be, how much interest you will pay, and all the other common information associated with home loan calculations; but you will actually see whether or not you qualify for the loan according to current Fannie Mae Guidelines.
|
| Screenshot |
|
|
| More Similar Software |
 |
Dawnspire: Prelude 2006-10-12
...
Dawnspire: Prelude is a team-based online action-RPG in a fantasy setting that focuses on teamplay, tactics and player skill. It features four playable classes with unique abilities, global character rankings, guild support, and more. Visit www.dawnspire.com for information, game media and forums! Join the fray, try it out for free!
...
|
| |
Mortgage Broker 1.0.8
...
The Mortgage Broker Toolbar has been designed specifically for people searching for mortgage information in the UK and provides easy one-click access to a whole host of mortgage related facilities such as a built-in mortgage article knowledgebase, a mortgage jargon buster, a fast quote facility, the ability to contact a professional mortgage advisor, access to free mortgage calculators, rate comparison tables, links to authority websites and more
...
|
| |
Mortgage Payment Calculator 1.0
...
Mortgage Payment Calculator is a completely free and easy-to-use financial software. This is an essential tool to estimate monthly expenses on your mortgage: interest payments, property taxes and private mortgage insurance. Just type mortgage loan amount, loan term, interest rate and program will generate full mortgage amortization schedule with charts. Also try online additions to Mortgage Payment Calculator, such as Additional Payment Calculator, Mortgage Refinancing Calculator, Bi-weekly
...
|
| |
Mortgage loan Calculator 1.0
...
Mortgage loan Calculator Calculates monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Mortgage loan Calculator also calculates loan, investment and other financial parameters from the cash flows input. Plus Annuity and Math Calculator.
...
|
| |
Offset Mortgage Facility 1
...
Offset mortgage facility search engine. Getting the insight that is essential regarding procuring an optimum offset mortgage facility can be a source of distress for many people but with a bit of calm thinking and the right approach it is not a significant worry.The offset mortgage facility is a more specialized search service and you will be able to discover extremely relevant facts in an efficient fashion.
...
|
|
|
| |
|
|
|
| Author: |
NorthStar Solutions |
| License: |
Shareware |
| Price: |
$10 |
| File Size: |
1.5 MB |
| Downloads: |
2 |
|
|
|
|
|
| |
| |
| |
|
Submit Software