PRICER

1. Input Loan Data or Select a Scenario

2. Calculate Pricing

3. Reset Scenario, If Necessary

4. Export Scenario and Pricing to PDF

5. Rate Lock Request

Required Lock Data

Borrower Last Name

Borrower Loan Number

Your Name/Company

Your Email Address

Lock Desk Hours:

8:00 am - 4:00 pm PST

Lock Terms

Disclaimer

Next Pricer will generate pricing scenarios outside of guideline restrictions. Please confirm pricing scenarios meet Brokers Advantage guidelines.

Data Input Pricing Output Messages

Product*

Note Rate*

	1st Lien	2nd Lien	Weighted Average
Amount
Rate

Occupancy*

Credit Score*

LTV*

Loan Amount*

Amortization Term*

Amortization Type*

Document Type*

Bank Statement*

Months Reserves*

DTI*

DSCR*

Purpose*

Cash-out Amount*

Property*

Valuation Type*

State*

Housing History*

Credit Events*

Citizenship*

First Time Homebuyer/Investor*

Payment*

Servicing*

Prepay*

Lock Term*

Lock Type

Total LLPA

Price Adjustment

Net Price

Max Price

Final Price

Qualify Calculation

Qualify your Loan with NextQual

Qualify Information

Down Pmt + Closing Costs + Prepaid Fees (Purchase Transaction)
Name of Business		Type of Business
Bank Statement Type		Bank Name
Last 4 digits (Account No 1)	Statement Mos	Last 4 digits (Account No 2)	Statement Mos
Percentage of Business Owned
Notes

P & L Information

Income	Loan Details	Totals
	P & L Effective Dates (Start / End)
	Annual Revenue
	Annual Expenses
	Net Income
	Expense Factor %
Qualify	Qualifying Monthly Income (Revenue - Expenses / 12 mo)

Stmt	Date	Beginning Balance	Total Deposits on Bank Statement	Non-Business Related Deposits	Adj. Deposits (For qualifying)	Ending Balance	NSF/ Overdraft
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Totals:

NSFs (YesNo)
Expense Factor %
% of Deposits Used

100%

%Business Owned

Adj Net Income (Total)
Adj Net Income (Annual)
Adj Net Income (Monthly)

Income	Loan Details	Totals
Income	Down Payment + Closing Cost + Prepaid Fees (Purchase Transaction)

Assets	Account Type	Original Balance	Pct Allowed	Eligible Assets
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts (if distribution is not set up)
	Total Eligible Assets

Qualify	Monthly Eligible Assets - Loan [Amortized Over 84 Months]
Qualify	Monthly Adjusted Net Income + Monthly Eligible Assets

DSCR Information

Loan	Details	Totals
	Loan Amount
	Cash-Out Amount (Cash-Out Refi Only)
	Appraisal / Sales Price (Lower of)
	LTV (See Guidelines for LTV Limitations)
	Note Rate
	Payment Type
	Loan Term
	Proposed Monthly P&I Payment

Property	Monthly Property Taxes
	Monthly Insurance
	Monthly HOA
	Total Monthly Property Costs
	Monthly Rent (100% of Gross - Lower of Current or Market Rents)
	Total ITIA
	Property Cash Flow
	DSCR Calculation (Gross Rents / Total ITIA)

Credit	Credit Score
	Borrower Experience: Previous Ownership/Operation of Residential or Commercial Property
	Credit Depth Requirement Met
	Mortgage Lates (Max 1x30x24)

Assets	Funds / Reserves Required to Close	Balances
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts
	Gift Funds
	Other
	Cashout Amount Applied Towards Reserves
	Total Assets/Cash out applied toward Reserves/Down payment /Closing costs

	Cash To Close (down payment plus closing costs if purchase)
	Reserves Required Months: 200k-1.0m (6mo), >1.0-1.5m (9mo), >1.5 (12mo)
	Reserves Required Amount
	Reserves Required Amount: Additional (Subject Property)
	Reserves Required Amount: Additional (Additional Properties)
	Total Funds Needed (Cash to Close + Reserves)
	Funds to Close Plus Reserves

Asset Depletion

Loan	Details	Totals
	Loan Amount
	Down Payment + Closing Costs + Prepaid Fees (Purchase Transaction)
	Appraisal / Sales Price (Lower of)
	LTV (See Guidelines for LTV Limitations)

Assets	Account Type	Original Balance	Pct Allowed	Eligible Assets
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts (if distribution is not set up)
	Total Eligible Assets
Qualify	Qualifying Monthly Income (Total Eligible Assets - Down Pmt / 84 mo)

Printed Rate Sheet

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