Best Software for Refinancing
Best Software for Mortgage Monitoring
Loan Comparisons
Paying Off Your Mortgage Faster
Loan Comparison Calculator
Our home loan comparison calculator is light years ahead of the ones that consumers and loan officers can find online. Comparing home loan offers can be complex, because the best option is not the same for everyone, due to their personal circumstances.
Clarity Quote’s loan comparison calculator produces results that are clear and easy to understand. You can walk your clients through their options and recommend the one you think is best for them. Your clients will love the way our mortgage software uses graphics in the results so they feel like they can more clearly comprehend the information.
Refinance Comparison Calculator
Our refinance comparison calculator does something no loan officer has the time to do — it calculates the potential savings available to your past client database by refinancing every day and sends you an alert when the numbers show the time is right. Using not just readily available information such as mortgage rates, and their current home value but also your clients’ personal financial information, we produce the individualized, targeted results.
Mortgage Monitoring
Clients love our mortgage monitor because it tells them everything they need to know about their mortgage every month. Among the information you can provide your clients is up-to-the-minute mortgage refinance numbers, how much equity they have in their home, how much from each payment is going to principal and interest, how much is going to taxes and insurance, and more. Your clients may wonder if they could save money over the life of their loan by refinancing to shorten the term. Or they might be interested in refinancing to a longer term to shrink their monthly payments and free up more cash. Or they be interested in home equity loan comparison to take cash out to pay debts or fund a big purchase. You can help them find answers to all these questions.
Paying Off Your Mortgage Faster
Your clients will be thrilled to know they can pay off their mortgage faster and save money — all without making larger payments every month. With our loan refinance calculator, you can show your clients how refinancing with a lower interest rate can get them a shorter term for the same monthly payment. Chopping years off a mortgage saves a bundle in interest — even when you factor in closing costs. If our software calculates the savings and they’re not significant, it won’t recommend a refinance.
Best Mortgage Software
You can provide your clients a suite of incredibly valuable services with Clarity Quote’s mortgage software. Be the mortgage lender who has all the answers with our proprietary tools. Your clients will love you for it.
Mortgage Loan Calculator
Our mortgage loan calculator allows you to show your clients how much each mortgage loan they are considering will cost them over the life of the loan. Many clients don’t understand how varying terms, amount of down payment, etc., affect how much they pay for their loan. Our easy-to-understand color-coded charts help your clients make the best decisions for them.
Loan Comparison Calculator
Home loan comparisons can be overwhelming. Clarity Quote has broken down this chore into a simple, easy-to-read format so your clients can compare up to three loans at a time. They can easily see the difference among interest rates, closing costs and so many other factors. Our mortgage software takes the mystery out of home loans for your clients.
Refinance Calculator
Our refinance comparison calculator is a favorite tool of loan officers. All homeowners are looking for the best place to refinance a mortgage, but the bottom line at closing isn’t the only consideration. So much goes into the refinance calculation, including your clients’ financial goals. Additionally, our mortgage monitor software makes these calculations every day and alerts you to when the time is right for your clients to refinance.
Extra Payments Calculator
Our mortgage software allows loan officers to calculate for each of their clients whether making extra payments on their mortgage is advantageous. One reason to make extra mortgage payments is to get closer to 20% equity quicker to avoid paying PMI. Many homeowners can save on their mortgage by making extra payments, but what if they invested the money in the stock market instead? Would the net be greater? Our mortgage software can tell you.
Interest Rate vs. Home Price
What’s more important, a lower interest rate or a lower-cost home? The answer depends on a lot of factors. What do the applicants qualify for? What can they afford? Find the answers quickly and easily with Clarity Quote’s mortgage software tools.
Jumbo Loan vs. Loan with 2nd Mortgage
Your clients want the house of their dreams, and you want them to have it. But how to pay for it? There are different options, including a jumbo loan and a standard loan with a second mortgage. Your clients may have a preference, but they may not have a choice if they don’t qualify for it. Help them find out their options with our mortgage software tools.
Affordability Calculator
Failing to properly calculate how much house you can afford can have serious repercussions. Now, you can help your clients avoid the stress of being house poor, or worse, facing foreclosure, with our affordability calculator. Plug in income, debt, investments, assets and more and quickly get a number your clients can work with.