Qualifying Ratios

Forms & Docs > Qualifying Ratios

Qualifying Ratio allows a user to run "what if" scenarios with­out permanently impacting the loan file. The default values on this page populate from the 1003 and any changes made to data in open fields will not map back to overwrite the 1003 data.

To run "what if" scenarios, users will alter the following fields to their “what if” scenario:

·         Mortgage Product

·         Mortgage Amount

·         Interest Rate

·         Monthly Income

·         Non-Mortgage Debt

New parameters can be calculated and viewed alongside the original loan parameters by clicking the Recalculate button.

To return to the defaulted 1003 values, click Get 1003 Values.

Click Print RAS (Ratio Analysis Screen) to print the results of the current ratio analysis calculation.

Click Close to close the Qualifying Ratio screen.