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MORTPRO.TXT
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1996-01-10
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The Mortgage Analyzer Professional
The following is a list of features found in the "Professional" version of
The Mortgage Analyzer which are not found in the "Basic" version.
* Contains ALL features of the Basic version
* Set default Qualification Ratios for Conventional, FHA, VA and
Canadian loans.
* Set default Mortgage Insurance Factors for 30 Year Fixed Rates, 15
Year Fixed Rates, 30 Year Adjustable Rates, 15 Year Adjustable Rates,
FHA MIP for 15 and 30 Years and VA Funding Fees.
* Allows the ability to Compare 3 Mortgages at once.
* Input up to 15 mortgage plans which can be used for quick selection
of product. Mortgage plan information includes: Loan Type (Conv, FHA,
VA), Interest Type (ARM, Fixed, Stepped, Reset), Years In Loan, Rate,
Discount Points, Mortgage Insurance Type and Caps and Margins for ARMs.
When creating a schedule or summary, you may optionally select the
mortgage plan desired and all information will be ported over. When
doing comparisons, you may select a mortgage plan for each loan making
comparisons between Conventional, FHA and VA loans even easier.
* Contains the ability to produce "Good Faith Closing Estimations". It
includes over 30 of the most popular HUD-1 closing costs. Options are
given to add two customizable closing items. Configuration options
allow you to set default closing values which can be overridden at the
time of actual creation of the "Good Faith Estimate" report. You may
elect to have the report exclude those items which do not have a charge
associated with them.
* Contains the ability to turn bolding on or off for schedule totals,
headers and footers.
* Allows an optional "Print Date" on reports.
* Contains the ability to add 3 permanent footer lines. These can be
used for company name, address, phone number or anything.
* Contains the ability to add additional footnotes to appear on all pages
or just on the last page of a schedule.
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