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MortQ Mortgage Qualifier

MortQ is a mortgage payment calculator designed by a real estate professional to quickly calculate the metrics used by lenders and cooperative apartment boards to qualify real estate purchasers

MortQ is a mortgage payment calculator designed by a real estate professional to quickly calculate the metrics used by lenders and cooperative apartment boards to qualify real estate purchasers

MortQ Mortgage Qualifier

by Autoolmaq LLC
MortQ Mortgage Qualifier
MortQ Mortgage Qualifier
MortQ Mortgage Qualifier
$1.99 in the App Store

What is it about?

MortQ is a mortgage payment calculator designed by a real estate professional to quickly calculate the metrics used by lenders and cooperative apartment boards to qualify real estate purchasers. MortQ provides access to a table of current mortgage rates that can be selected, or users can enter their own rates. In addition to mortgage rate, term and principal amount, users can also enter other relevant monthly expense data and annual income data to calculate a monthly debt to income ratio (DTI) - a key factor in determining one's ability to borrow for and purchase a home.

MortQ Mortgage Qualifier

App Details

Version
1.3.1
Rating
NA
Size
15Mb
Genre
Finance Productivity
Last updated
June 28, 2018
Release date
July 7, 2016
More info

App Screenshots

MortQ Mortgage Qualifier screenshot-0
MortQ Mortgage Qualifier screenshot-1
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MortQ Mortgage Qualifier screenshot-6

App Store Description

MortQ is a mortgage payment calculator designed by a real estate professional to quickly calculate the metrics used by lenders and cooperative apartment boards to qualify real estate purchasers. MortQ provides access to a table of current mortgage rates that can be selected, or users can enter their own rates. In addition to mortgage rate, term and principal amount, users can also enter other relevant monthly expense data and annual income data to calculate a monthly debt to income ratio (DTI) - a key factor in determining one's ability to borrow for and purchase a home.

There are no advertisements in MortQ and no data is uploaded from your phone. All data entered is stored locally on your mobile device so that specific values can be changed for different property prices, mortgage rates, etc. A complete analysis detailing input data, after-purchase liquidity amounts, and estimated after-tax monthly payments can be emailed to save a text version of the app’s output. A help screen defines the terms used in the app and provides an email link to request further help.

Disclaimer:
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