mortgage website design
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This is the pricing tool we use day in and out to price deals. I built this out of necessity at the last shop I worked at before becoming a broker. I realized that using a calculator was inefficient when pricing multiple pricing scenarios and when trying to compare scenarios and loan products. This spreadsheet makes comparing scenarios easy and when you are finished you simply save the spreadsheet as you client's name and you have it for future reference. When I left the 80 person shop I was working at when I created it, virtually everybody on the floor was using it as well.
This tool enables you to price multiple deals using different pricing scenarios. The first row has three boxes that enable three different pricing scenarios for a specific product. We commonly price a No Cost Loan, a Cost Loan, and a Cost plus Points loan in each of these boxes. The second row enables you to do the same with a different product. We will commonly price a fixed rate product in the first rows and an adjustable rate product in the second rows. The third row will enable you to price an option arm and a 2nd as well.
The pricing tool is a bit daunting to look at first. Go to the "With Instructional Comments" tab and hover over the red triangles to read comments about what each cell is for. Once you have a grip on the basics, go to the "Full Version" tab to see the full version.
Every time we price a deal we save it in a "Loan Scenarios" folder as the Client's name. This allows us to have the pricing for future reference.
Please be sure to view our Mortgage Broker Websites!
AS THIS IS A FREE TOOL, WE OFFER NO SUPPORT AND ARE UNABLE TO HELP YOU WITH ANY BUGS, ISSUES OR PROBLEMS YOU MAY ENCOUNTER USING THIS TOOL. WE OFFER NO GUARANTEES OR WARRANTIES WITH THIS TOOL. THE BEST ADVICE WE CAN GIVE YOU IS TO GOOGLE YOUR PROBLEM OR ASK A FRIEND OR COLLEAGUE FOR HELP! : )
