Start Here, then 11 short parts. Free, no sign-up.
A quick tour: the welcome guide, the results bar with GDS and TDS, the six steps, Late Night Broker Mode, the question marks and Need help.
WatchedHow Broker's Tips and Notes work, then enter each applicant's income: income types, pay frequency, gross amounts and the annual conversion.
WatchedCredit cards and lines of credit by balance, secured versus unsecured lines of credit, car and personal loans with their actual payments, student loans and repayment choices.
WatchedThe first of four short videos. Add a property your client already owns, choose the occupancy, and enter the carrying costs that go into TDS. No other property or rental income? Skip to Part 4.
WatchedAdd a rental with its monthly rent, ownership percent and inclusion percent, and use the include rental income switch.
WatchedSee how the Add-Back and Offset methods treat rental income and carrying costs, how each one changes TDS, and how switching to Offset can help on a B lender file.
WatchedHomes with a rental suite, adding and removing properties, collapsing cards, and reading the summary bar.
WatchedStart with Max Purchasing Power to see what your client qualifies for, then describe the property: purpose, type, province, price, down payment, rate, amortization and stress test.
WatchedRead the payment, lender lane, GDS and TDS, then use Max Purchasing Power, the maximum purchase price table, cash required and transfer tax estimates.
WatchedCompare three scenarios side by side by changing the down payment, rate and amortization.
WatchedPrint or save the PDF report, save an encrypted application file with a password, and reopen it later. Nothing is uploaded.
WatchedA page by page look at the three page file printout: the client summary, the Broker Reference Sheet, and the document checklist built from your client's income.
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