Compare the options.
Keep closing in sight.
Compare lender options, qualifying math and cited guidelines. See what still needs verification, then review a borrower letter that makes the choices easier to understand. Keep the next steps clear as you work toward clear to close. Nothing is sent from here.
The borrower
Load an example
Optional. Without it, payments assume 6.625%.
Name the loan program. Cal needs it to match lenders, and asks for it if it is missing.
Your three options land here.
Each lender with its verdict, the DTI against its own maximum, what blocks it, and the sections it rests on.
Then a draft letter for the borrower, which you approve and send yourself.
What Cal had established
This run did not finish, so there is no borrower letter. The figures above came from Cal's calculators and lender matrices.
The read
Top three lenders
Side by side
Borrower letter, draft
Nothing is sent from here. Approving copies the letter for you to review and send yourself. Printing puts the table and the letter on paper.