REQualify allows you to enter specific loan parameters for any loan type. You can also enter multiple qualifications for multiple clients and save them for future comparison.
All on your PDA without having to buy and/or carry around another calculator. REQualify also allows you to analyze various loan types (FHA, VA, Conventional, etc.
). It allows you to change the Gross Debt Services (Income only) and Total Debt Services (Income-Expenses) ratios for each of these loan types.
You can enter as many loan types as you like and recall them for future use. You only enter the information once. REQualify provides a maximum payment amount (PITI), and range estimates for Total Loan, and Total Price for the GDS and TDS ratios provided in the selected loan.
The Total Loan and Total Price calculations are for based on Principal and Interest (PI) only and do not include any expenses or closing costs.
A reports module is provided allowing you to print estimates on your PC. DISCLAIMER ? Calculations and results provided are estimates only. They are deemed reliable but are not guaranteed.
REQualify - The Real Estate Loan Qualifying System.