Secondary market considerations are presented for those interested in determining the approximate premium or discount on loans sold in the secondary market. Amortization schedules can be produced for fixed-rate monthly payment loans. Partners offers ten potential loan qualifying techniques, from self-help actions to loan subsidies or grants, to help qualify applicants. Partners calculates the applicant's current potential without any subsidies or grants. Reducing debts or increasing income, when possible, can help applicants qualify.
Partners computes the amounts.
Changing underwriting criteria, such as debt ratios, interest rates, or downpayments can qualify applicants. Partners provides the calculations. When subsidy loans or grants are needed, Partners determines the exact amounts. Partners shows you how downpayment assistance deposited in a bank account can reduce the amount of subsidy needed to qualify applicants. Tax abatements can be used to qualify loan applicants.