Mortgage Prelude 2.6.4.093

NorthStar Solutions, LLC in Home & Hobby / Personal Finance

Mortgage Prelude screenshot

User Rating: 1.8 (12 votes)

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.

File Size: 1.53 MB License: Shareware Price: $14.95
Platform: Win2000, Win7 x32, Win7 x64, Win98, WinOther, WinServer, WinVista, WinVista x64, WinXP, Other
System Requirements: 1MB of hard disk space.
Downloads: Total: 113 | This Month: 3 Released: 2015-03-06
Mortgage Prelude Similar Software

MortgageCalc for mobile 1.0 OnlineMortgageCalc.com    

Quickly calculate essential mortgage related figures with MortgageCalc. Enter the amount to be financed, interest rate, duration and payment frequency of the loan and get the payment amount you will need to pay back each period. More home .... Free download of MortgageCalc for mobile 1.0

MortgageCalc 1.0 OnlineMortgageCalc.com    

Quickly calculate essential mortgage related figures with MortgageCalc. Enter the amount to be financed, interest rate, duration and payment frequency of the loan and get the payment amount you will need to pay back each period. More home .... Free download of MortgageCalc 1.0

Home Buyers Calculator Suite 4.1 TedCo Software    

... Buyer's Calculator Suite includes 2 Quick Calculators, a Mortgage Qualifier, Loan Amortizer with Monthly and Annual schedules, Loan Spread Calculator, a Bi-weekly Payment Calculator, a Refinancing Calculator, an Estimated Closing Cost Calculator and a Rent vs. Buy Calculator. Based on Wheatworks' experience developing financial calculators for real estate professionals, Home .... Free download of Home Buyers Calculator Suite 4.1

Loan Calc 2.7.6 Max Programming, S.L.    

... an easy-to-use tool intended to calculate loans and mortgages repayments in a very simple way. Loan Calc calculates repayments amount, monthly and total interest, total repayments and generates a full repayment list from a start date. Loan Calc is currency-independent so it can be used with Dollars, Francs, Marks, Pounds,...or .... Free download of Loan Calc 2.7.6

Finance Helper 7.0 R. E. G. Software    

... term length. Another calculator for determining affordability for mortgage or auto loans, and an actuarial calculator as well as a regular calculator. Finally, there is a budget function to plan out your monthly and yearly budget. .... Free download of Finance Helper 7.0

Popular Software in Home & Hobby / Personal Finance

Finance Explorer 7.2.0 Metalogic Software    

Personal finance, budget software compatible with Money and Quicken downloads.. Free download of Finance Explorer 7.2.0

MoneyFox 2014k Abelssoft     update

Housekeeping book for everyone. Income and expenses on one view.. Free download of MoneyFox 2014k

Moneydance x64 2015.3 (1175) The Infinite Kind    

Keep track of your finances with online banking, bill payment, budgetin. Free download of Moneydance x64 2015.3 (1175)

software pick   

Just Checking 4.0.1.6 Justapps    

balance and reconcile accounts, print checks, import online banking transactions. Free download of Just Checking 4.0.1.6

OrgFinances 2.6 Binary House Software    

Control small business finances and family budget with one simple solution. Free download of OrgFinances 2.6