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Basic Uses »
Advanced Uses »
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Overview of MortgageGraphics' Tools
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Below is a list of a few of MortgageGraphics' uses and features, followed by links to examples.
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Uses and features
- MortgageGraphics technology is easily customized and embedded in existing company websites.
- MortgageGraphics can be used to comply with federal and state issued Guidance on Nontraditional Mortgage Products and Guidance on Subprime Lending.
- MortgageGraphics can be used to create custom disclosures.
- Reports are easily compiled into packages and printed or emailed.
- As a sales tool, you can upload your company logo, personal photo, a custom message, and contact information to be displayed at the top of printed and emailed material.
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Explanatory and Comparison Tools
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Tables and Graphs
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Compare and Contrast loans in a package of tables and graphs. Loan values that can be compared include: Monthly Payment, Interest Rate, Principal Balance, Equity, Loan to Value Ratio, a Cost Analysis, and our proprietary Future Value Analysis.
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Option ARM Analysis
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The Option ARM Analysis is designed to be used to thoroughly explain and illustrate the mechanics of an Option ARM. You, the user, make home price appreciation estimates. MortgageGraphics provides an interest rate forecast. (Click here for more information on our interest rate forecast: Market Implied Future Interest Rates.) Using the Option ARM Analysis, you can demostrate forecasted deferred interest, the effect it has on the loan's principal balance, and together with your forecast of home price appreciation, show the total effect on equity.
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Loan Summary
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The Loan Summary report first shows the characteristics of each loan, including: ARM index, rate cap structure, start rates, etc., then shows key loan values at set intervals. It also shows home price appreciation estimates, as made by the user, which are used in part to make equity calculations.
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Table of Loan Values
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Explain complex loan products by showing a table of that loan's projected values. For example: negative amortization on an Option ARM or Fixed Rate Graduated Payment Loan or incremental interest rates and payments on a 3-2-1 Buydown.
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Total Cost Analysis
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The Total Cost Analysis shows a cumulative sum of initial loan costs, interest payments, and private mortgage insurance payments as relevant for each loan in the comparison.
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Mortgage Index Forecast
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The Mortgage Index Forecast shows a graph of forecasted future index levels. (The user selects which indices to show.) It has insightful commentary explaining the relationships between market forces which drive the course of future interest rates. The forecast and commentary are provided by Perceptive Analytics, Inc. The forecast method is known as Market Implied Future Interest Rates. Click here for Sample Commentary.
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ARM Scenario Analysis
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The ARM Scenario Analysis report shows tables and graphs of interest rates, monthly payments, and principal balances for a single arm loan using up to three different interest rate scenarios. The first interest rate scenario is MortgageGraphics forecasted values, known as Market Implied Interest Rates. The other two interest rate scenarios are created by the user. The loan values as calculated using the three different scenarios are shown side by side in the tables and graphs. Click here to read the commentary given on the first page of the report: ARM Scenario Analysis Commentary.
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Total Return Analysis
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The Total Return Analysis is a financial planning and wealth management tool. Demonstrate the alternatives of principal reduction verses minimizing a mortgage payment and investing in a savings plan or the economics of using "equity extraction" to invest in a savings plan.
NOTE: All financial decisions involve some risk. The financing, purchase, and ownership of a home inherently involves some risk. A financing scenario which leverages the existing equity in a home to make additional investments increases those risks. MortgageGraphics is designed to identify, measure, and manage risks. Any scenario which involves leveraging the value of a home to make addtional investments should be limited to scenarios in which the estimates of investment rates, tax rates, and/or home price appreciation can be made with a great deal of certainty. Therefore, it is suggested that reinvestment rates be limited to the yield on risk free fixed income securities (US Treasury Bonds) held to maturity with a term equal to the client's time horizon. No scenario should be presented to a borrower/client who is not capable of understanding, tolerating, and managing the additional risks that are created when equity is used as financial leverage.
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Refinance Analysis
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Using the MortgageGraphics online application, you can setup seasoned loans of nearly any type. This includes ARM's, Fixed Period ARM's, 1st and 2nd lien combinations, etc.. The Refinance Analysis is a flyer designed to demonstrate the economics of refinancing. It includes a table and graph of projected payments for both the existing loan and the refinance options and a simple pay-back period analysis.
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Marketing Flyer
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The Marketing Flyer is designed to be left on the countertop of homes for sale. It is simple yet it's unique tables and graphs of projected loan values are very informative.
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