Mortgage Prelude 2.6.5.000
Free Trial Version
Publisher Description
This easy-to-use program will save you countless time and hassle by determining how much of a loan you are qualified for BEFORE you ever have to fill out a loan application. It uses the guidelines set forth by the Federal National Mortgage Association (a.k.a. Fannie Mae) to determine the loan amount you are qualified for. In fact, the Fannie Mae Guidelines are likely the same ones your lending company is using. Mortgage Prelude will make the process of obtaining a loan as easy and quick as possible for you. Whether you want to compute your monthly payments, determine the amount of interest you will pay, estimate your total closing costs, generate an amortization schedule, or you want to go a step further and analyze what type of loan you can realistically apply for, the program will conveniently guide you through the process. The pre-qualification system built into Mortgage Prelude is accurate because there is a strong 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 have your loan sold before you 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 generally set the standards for home loans. Thusly, your lender will likely want to make sure that the loan they give you fits the industry standards 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). Right away you can not only see how much your monthly payment will be, how much interest you will pay, and all the other common information associated with home loan calculations; but you will actually see whether or not you qualify for the loan according to current Fannie Mae Guidelines.
About Mortgage Prelude
Mortgage Prelude is a free trial software published in the Personal Finance list of programs, part of Home & Hobby.
This Personal Finance program is available in English. It was last updated on 29 March, 2024. Mortgage Prelude is compatible with the following operating systems: Other, Windows, Windows-mobile.
The company that develops Mortgage Prelude is NorthStar Solutions, LLC. The latest version released by its developer is 2.6.5.000. This version was rated by 5 users of our site and has an average rating of 4.2.
The download we have available for Mortgage Prelude has a file size of . Just click the green Download button above to start the downloading process. The program is listed on our website since N/A and was downloaded 717 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the Mortgage Prelude as malware if the download link is broken.
How to install Mortgage Prelude on your Windows device:
- Click on the Download button on our website. This will start the download from the website of the developer.
- Once the Mortgage Prelude is downloaded click on it to start the setup process (assuming you are on a desktop computer).
- When the installation is finished you should be able to see and run the program.
