Rental calculator
Enter each non-subject rental once. Every lender's worksheet rules run at the same time, so you can see who gives the best rental treatment before you pick a lender.
Example numbers are filled in so you can see how it works. Press Clear all to start a real file.
Lender library
The rental rules behind each calculator, with the worksheet version they came from. Source files are in the Team Resource folder on Amanda's desktop.
Coming next
What we're adding to the team site after the rental calculator.
Penalty calculators
Three-month interest and IRD estimates using each lender's own method (posted vs. discounted rate, comparison term). Start with the big banks, then monolines.
More rental worksheets
Add each new worksheet to the Team Resource folder and it gets built in here, alongside the current lenders.
Downloadable lender files
Broker kits, handbooks and forms the team can open straight from this site.
Subject-property rental rules
Quick reference for rental income on the property being financed (for example 50%, 80%, 90% add-back by lender and location).
Estimates only. Each figure follows the lender worksheet named on it. Lenders change policy often, so check the result against the lender's current worksheet before submitting, and attach their worksheet when they require it.