QM Compliant Ratios: Our team kept in mind the need to properly educate a Homebuyer while making them aware of the Bank's requirements and conditions. The user is made to understand the requirements set by the Consumer Financial Protection Bureau. The system takes the homebuyers income and correctly adjusts the Sales Price and Loan amount while complying with QM Ratios guidelines. The system is designed to run a complex array of calculations and within seconds allows the homebuyer to view their maximum Sales Price and Loan Amount within the required QM Ratio guidelines.
Efha.com is at the forefront of Mortgage based technology. Our 9 Billion dollar team has created the first computer based Loan Officer. It performs the usual prequalification processes without a live loan officer present.
QM Compliant Leads: All generated QM leads through our system will contain the following:
NOTE: All potential borrowers are preliminary qualified to a specific bank's rate, fee and program. Sales Price and Loan Amount may be adjusted to comply to QM ratios.