Mortgage Prelude download - More than just a mortgage calculator, see how much of a mortgage you can get!

This easy-to-use program will save you countless time and hassle by determining how much of a loan you are qualified for BEFORE you ever have to fill out a loan application. It uses the guidelines set forth by the Federal National Mortgage Association (a.k.a. Fannie Mae) to determine the loan amount you are qualified for. In fact, the Fannie Mae Guidelines are likely the same ones your lending company is using. Mortgage Prelude will make the process of obtaining a loan as easy and quick as possible for you. Whether you want to compute your monthly payments, determine the amount of interest you will pay, estimate your total closing costs, generate an amortization schedule, or you want to go a step further and analyze what type of loan you can realistically apply for, the program will conveniently guide you through the process. The pre-qualification system built into Mortgage Prelude is accurate because there is a strong chance that your lender will want to have the option of selling your mortgage on what is called the secondary market for mortgages. (In fact, many lenders will have your loan sold before you make your first mortgage payment.) The two largest buyers of loans on the secondary market for mortgages are Fannie Mae and Freddie Mac and, thus, those two entities generally set the standards for home loans. Thusly, your lender will likely want to make sure that the loan they give you fits the industry standards so that they can sell your loan. Although there are many applicable guidelines, probably the most important are what are called the "Qualifying Ratios" (which are computed and displayed on Mortgage Prelude's main screen). Right away you can not only see how much your monthly payment will be, how much interest you will pay, and all the other common information associated with home loan calculations; but you will actually see whether or not you qualify for the loan according to current Fannie Mae Guidelines.

Mortgage Prelude 2.4.0
Release date:2006-09-22
File size:644 KB

RECOMMENDED TOOLS

» financial calculator » real estate calculator » mortgage calculator » payment calculator » cash flow analysis » financial planning software » loan calculator » investment calculator » financial software » investment software » real estate software

fitW (fine tuning of Windows) 4.0.0.4000     
Fine tuning of Windows 9x/ME/2000/XP. More than 250 settings. The best settings.
Price: 15$, Rating: 3, Downloads: 1187

Money Organizer Deluxe 2.6     
Organize bank accounts, investments, web finance information.
Price: 65$, Rating: 7, Downloads: 1180

LoanSpread Loan Calculator 4.6.01     
Quickly, easily compare 135 loans at once with LoanSpread Loan Calculator
Price: 29.95$, Rating: 10, Downloads: 1179

Mortgage Manager Reduction 2000 1.3     
No need to pay back 3 times what you borrowed. Get the facts & save thousands!
Price: 0.00$, Rating: 9, Downloads: 1153

Mortgage Loan Interest Manager Pro Linux 6.1.090514     
Is your mortgage one of the thousands being overcharged interest EVERY DAY?
Price: 139$, Rating: 10, Downloads: 1152

J and L Financial Planner 11.0     
Top rated financial planning software to create personal financial plans. It makes your fi
Price: 69.95$, Rating: 7, Downloads: 1150

Freeware Browser 4.0     
Freeware Browser is a freeware themed web browser
Price: 0$, Rating: 2.5, Downloads: 1142

TM Desktop Currency Converter 1.00     
Currency Convertion right at your desk
Price: 0$, Rating: 10, Downloads: 1132