Pre-Qualify is a mortgage qualification calculator which also includes a built-in mortgage payment calculator. Designed by real estate professionals to be straight-forward and easy-to-use and to provide the qualification information you need in an understandable, concise format.
Great for Realtors, Mortgage Brokers, and other Real Estate Professionals as well as for individuals. You can use Pre-Qualify to calculate how large of a mortgage an individual would qualify for. Then, see what the monthly payment would be for that qualification. Fill in a quick set of parameters about your client’s financial status, and then receive a summary which shows four different scenarios for FHA and Conventional loans based on estimated down payments.
Pre-Qualify allows you to change the aspects of the qualification to customize the qualified purchase price and monthly payment. You can customize the down payment, taxes, insurance, monthly income, monthly debts, bankruptcy, and other parameters.
For Real Estate Professionals, it’s perfect for qualifying somebody over the phone, at an open house, over coffee, or in the office. It’s quick and easy to use, and customizable to your Real Estate needs.
- Determine Mortgage Qualification
- Mortgage Payment Calculator
- Ability to Save and Reload Scenarios
- Ability to Change Credit & Debt Ratio Settings
- Change Property Tax and Home Owner’s Insurance Rates
For individuals, it’s equally useful. Enter your financial numbers and see what maximum loans are that you qualify for and what the payments would be. Then, investigate “what-if” scenarios by seeing what would happen if you could increase your monthly income, decrease your monthly expenses, or get a lower interest rate.
Key Words : Pre-Qualification, Qualification, Loan Qualification, Loan Payment, Real Estate, FHA, Conventional, Loans, Payment Calculator, Mortgage, Home Loan, Home Mortgage