If a loan officer calculates it,
so does LoanFront
so does LoanFront
LoanFront asks all of the right questions to get real loan results.
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Accuracy:
Any attempt to provide fully-priced loan information over the web is limited by accuracy. Some other programs allow users to violate simple underwriting rules. They ignore county limits, rules for seconds and HELOCs, escrow and closing costs… even FICO scores. What is the point of presenting a loan scenario to a customer if they can't actually qualify for it? All that does is waste the time of everyone involved.
LoanFront takes a radically different approach. It mimics all the same calculations a human loan officer uses. Closing costs, escrow reserves, conventional and FHA limits by county, transfer taxes… it is all in there. And it runs them for every loan presented.
It shows customers all costs and interest rates for every option available based on their specific situation. If they don't qualify for any loans, it will tell them. If they qualify but the loan would require bringing funds to close, it tells them how much. It spends the time answering questions, educating them and giving no false promises. Customers better understand options and gain confidence in a large and unfamiliar transaction.
But even the most accurate system wouldn't work if it didn't allow you to set all of the adjustments and markups to each loan that reflect your business model. LoanFront allows you to completely customize the fees, reserve periods, and markup spreads loan-by-loan so you can exactly mimic the model you use offline. And you can change it in seconds, allowing you to react instantly as the market conditions change.
LoanFront takes a radically different approach. It mimics all the same calculations a human loan officer uses. Closing costs, escrow reserves, conventional and FHA limits by county, transfer taxes… it is all in there. And it runs them for every loan presented.
- Generates "real" loan options – fully priced and qualified
- Handles complexities of pricing each scenario
- Creates honest results with real time pricing
It shows customers all costs and interest rates for every option available based on their specific situation. If they don't qualify for any loans, it will tell them. If they qualify but the loan would require bringing funds to close, it tells them how much. It spends the time answering questions, educating them and giving no false promises. Customers better understand options and gain confidence in a large and unfamiliar transaction.
But even the most accurate system wouldn't work if it didn't allow you to set all of the adjustments and markups to each loan that reflect your business model. LoanFront allows you to completely customize the fees, reserve periods, and markup spreads loan-by-loan so you can exactly mimic the model you use offline. And you can change it in seconds, allowing you to react instantly as the market conditions change.
