The Secret behind the Equations: This system seamlessly runs a complex proprietary formula in the background as the user enters data. Unlike simple financial calculations were only one variable is missing, our formulas runs with two or more missing variables. To arrive at accurate responses the system employs complex Algorithm and Probability equations, while simultaneously running them through Financial Tables. It then arrives at the exact Loan Amount and Sales Price that the borrower will qualify for within QM limits.
Cloud Servers are fed the information and within seconds, running a series of complex algorithmic formulas it returns accurate figures. Whether the original Sales Price or Loan Amount entered by the borrower is too high or too low, the system will return the correct adjusted Sales Price and Loan Amount specific to the borrower’s Income and monthly debt within QM guidelines. It will perform all these functions in seconds and without any personal identifying information required.