Mortgage Coach Support
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Activity overview
Latest activity by Mortgage Coach Support-
Mortgage Coach Support created an article,
RateWatch Quick Setup Guide
The RateWatch is the industry’s best tool for tracking and monitoring the MBS market so you can stay ahead of pricing changes. Please watch the videos below to learn: How to download and install R...
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Mortgage Coach Support created an article,
How do I create a Bi-Weekly scenario?
Mortgage Coach does not include a feature to show bi-weekly payments but there is a work-around to achieve the same result. You will have to use a biweekly payment calculator to determine the month...
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Mortgage Coach Support created an article,
How do I key in a contribution or credit?
There are two different ways to indicate a contribution. Add a line item (not a custom) and select “Contribution” or "Lender Credit" from the drop-down list. This fee description has logic built i...
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Mortgage Coach Support created an article,
How can I delete a product?
While there is no way to delete a product in MC, you can uncheck it when you get to the Presentation screen, and it won’t show up in your reports at all. ------------------------------------------...
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Mortgage Coach Support created an article,
Which fees should be included in the APR?
-Check with your company on what fees they have designated as APR fees- The following fees ARE generally included in the APR: Points - both discount points and origination points. 1 point equals 1...
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Mortgage Coach Support created an article,
Why is my MI not being included in the PITI?
The reason your MI is not calculating in is that your LTV cutoff is set at 78% and your LTV on the Mortgage is below that point. If this is an FHA loan, make sure to enter 360 in the MI cutoff mont...
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Mortgage Coach Support created an article,
Why is the P&I I entered for the Current Mortgage not showing on the report?
The monthly payment data entry field actually won’t show up on your report at all. It is meant to be a note section so you can record what the borrower tells you so you can note any disparity when...
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Mortgage Coach Support created an article,
On a Rent vs Own report, how is the Net Monthly Payment calculated?
The Rent vs Own report is a bit different from the others because it shows both the total PITI payment (left side of presentation) and a NET monthly payment. The net monthly payment is actually the...
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Mortgage Coach Support created an article,
How can I show a Purchase vs Cash scenario? (paying in cash opposed to a mortgage)
Create a new MortgageCoach presentation and choose the "purchase a new home" option in the goals screen. In the affordability screen, leave the current savings and rate of return blank. In the fir...
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Mortgage Coach Support created an article,
Why is my report not editable from the Home screen?
If you are choosing a file from the home screen and it takes you directly to the report, this means that you are under the Recent Views tab. Choose the Recent Clients tab – then click on your repo...