The Academy Advantage app is a game-changer for home buyers, realtors, and loan officers alike. This innovative app revolutionizes the home loan application process by connecting these three parties seamlessly. With the Mortgage Calculator feature, home buyers can determine their monthly mortgage payment, if they are qualified for a loan amount, and which types of home loans they are eligible for. But that's not all - the app also allows users to print an official Pre-Approval letter to use when making an offer on a home.
* Mortgage Calculator: The app features a Mortgage Calculator that allows users to determine their monthly mortgage payment accurately. This feature is beneficial for home buyers as it helps them plan their budget effectively.
* Loan Eligibility: The app provides users with a Mortgage Calculator to see if they are qualified for a certain loan amount. This feature helps home buyers understand their financial limitations and set realistic expectations when searching for a home.
* Pre-Approval Letter: Home buyers can print an official Pre-Approval Letter using the app. This letter is crucial when placing an offer on a house, as it shows sellers that the buyer has gone through the necessary steps to secure a loan.
* Milestones and Conditions Tracking: The app allows all parties involved (home buyers, loan officers, and real estate agents) to track the progress of the home loan application process. Users can easily monitor the milestones they need to meet and check the outstanding items on their loan.
* Utilize the Mortgage Calculator: Take advantage of the Mortgage Calculator feature to determine an exact monthly mortgage payment and see if you are qualified for a loan amount. This will help you evaluate your financial situation and make informed decisions.
* Stay on top of milestones and conditions: Use the Milestones and Conditions tools to track your progress during the home loan application process. Stay organized and ensure that you meet all the necessary requirements for final approval.
* Contact your Loan Officer or Realtor: The app provides a quick and easy way to contact your Loan Officer or Realtor. Reach out to them whenever you need clarification or have any questions regarding your home loan.
With features like a Mortgage Calculator, Pre-Approval Letter printing, and progress tracking, Academy Advantage simplifies the home loan application process. The Milestones tool helps buyers track their loan progress, while the Conditions tab keeps them informed of outstanding items. For realtors, the app offers the ability to review their client's financials, determine affordability, and even print Pre-Approvals without waiting for the loan officer. With the Academy Advantage app, the home loan application process becomes more efficient and transparent than ever before. It allows users to calculate their mortgage, determine loan eligibility, and stay organized with milestones and conditions tracking. By providing these features and playing tips, the Academy Advantage app aims to assist users in making informed decisions and streamlining their home buying experience.