Mortgage Prelude 2.6.1.012

Mortgage Prelude 2.6.1.012 is designed to 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 Preludes 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.

Major Features:

1.   Real-time order processing.
2.   A friendly control panel for you to manage sales and products.
3.   Customized order pages that look like your web site.
4.   Very low fees -- and no monthly fees, charge back fees, or refund fees.
5.   Real-time quotes in multiple currencies.
6.   Frequent, dependable payments to you.
7.   An exceptionally customer-friendly checkout process built on modern AJAX technology.
8.   Strong fraud protection without rejecting legitimate purchases.
9.   Optional CD-ROM shipments.
10.   Ability to offer post-sale downloads.
11.   Excellent coupon code management.
12.   Fast and friendly customer service.
13.   Proven experience in the e-commerce industry and much more.
    

Enhancements: Updated graphics to enhance the presentation.

Requirements: 1MB of hard disk space.