hotminer.com - Hot Shareware and Freeware on the net Contact Us | Bookmark Us | RSS Feeds | Link to Us | Tell Friends
Hotminer home
Home >> Home and Hobby >> Personal FinanceSEARCH
 LOGIN
Mortgage Prelude v2.3.1

This FREE mortgage calculator computes such items as your monthly payment, amortization schedules, interest, etc; but it is so much more. You can actually find out how much of a mortgage you are qualified to get! One of its most distinguishing features is that it uses the guidelines set forth by the Federal National Mortgage Association (a.k.a. Fannie Mae) in its computations. This is a very important concept because they are the same rules most lending institutions use when evaluating your request for a home loan.

Via a very friendly interface, the program will prompt you for important input information such as your income and debt summary, and use the data you provide (along with the information you provide about the price of the home, interest rate, etc.) to actually compute if you have met the Fannie Mae Guidelines -- and it will conveniently do so before you ever have to meet with a loan officer. Mortgage Prelude will make the entire process of obtaining a loan as easy and quick as possible for you.

We are confident that this is important because when you obtain a loan, there is a very high 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 sell your loan before you even 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 pretty much set the standards for home loans. What that means is that your lender will very likely want to make sure that the loan they grant you fits the industry standard Fannie Mae Guidelines 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).

File Size:538 KB
Last Updated:August 2, 2006
License:Freeware
Install/Uninstall Support:Install & Uninstall Support
Operating Systems:Windows 95, Windows 98, Windows Me, Windows NT, Windows 2000, Windows XP
Expiration Info:Never Expires
Number of Downloads:6
Published By:NorthStar Solutions 
Visitor Rating:Not Rated Yet...

Visitor Rating:

 
Search Tips
Home bookkeeping Lite
Credit-Repair-Planner
Visual Lottery Analyser
Checkbook for Excel
Auto Expenses
All Home Inventory
Zilch Standard
Mortgage and Loan Calculator Analyzer


Atomaders
You have to liberate your planet system from alien invasion using your spacefighter. Player can obtain various extra-weapons and special abilities by destroying enemy cyborgs, fighters and motherships. Each planet has its own cyborgs and bosses. Download Now!
SPAMfighter Exchange Server Module
SPAMfighter Exchange module (SEM), is the easy-to-use anti-spam/virus solution for Microsoft Exchange Server 2000 and 2003. SEM delivers instant spam protection with no configuration or maintenance what so ever. Download Now!
QuickHelp - HtmlHelp - WebHelp
With QuickHelp you create your product documentation?s quick an easy. The pros against html work shop, robohelp and other?s: Download Now!