With the rising cost to produce loans in an increasingly competitive housing market, TheRuleTool gives your origination teams the answers in seconds allowing the teams to close more loans in less time.
Say you locked a QM Jumbo loan best efforts with your selected investor. The LTV is 80% and you find out 10 days before close that they require 3 trade lines for above 70% LTV. Now you’re left re-pricing the loan to market and footing the bill. This can now be avoided with TheRuleTool.
With our easy three click interface, you can search with a keyword or phrase, or post a question to our deal scenario chat room, or even directly to TheRuleTool™'s Credit Policy Team.
Your origination team needs direct information in moments. Anyone can “Google” it, but TheRuleTool™'s Credit Policy Team puts agency and government guidelines in easy-to- understand language while also including tips and best practices.
Good information is good for business. Using our multi-agency search function, you can find the best product for your borrower and their unique situation.
TheRuleTool™ is designed to meet the needs of anyone searching for agency guidelines or investor information. Here’s what’s included:
Through a quick and easy search of agency rules and investor overlay documents, you can efficiently locate information by selecting the specific rule you are looking for, or by typing in a keyword.
In seconds you can see your Jumbo QM investor(s) guideline that is not consistent with the agency rule. We call them outliers. Simply select the investor you are considering locking with and we will stack them side by side for you.
We offer an anonymous environment to discuss scenarios and ask questions of your colleagues.
Designed to give you quick and easy access on the go, simply navigate to TheRuleTool™ on your mobile device to view a mobile-ready interface.
TheRuleTool™ is designed to meet the needs of anyone searching for agency guidelines or investor information. Here’s what’s included:
Through a quick and easy search of agency rules and investor overlay documents, you can efficiently locate information by selecting the specific rule you are looking for, or by typing in a keyword.
Jumbo QM Guideline Tool
In seconds you can see your Jumbo QM investor(s) guideline that is not consistent with the agency rule. We call them outliers. Simply select the investor you are considering locking with and we will stack them side by side for you.
We offer an anonymous environment to discuss scenarios and ask questions of your colleagues.
Designed to give you quick and easy access on the go, simply navigate to TheRuleTool™ on your mobile device to view a mobile-ready interface.
Per User Model – Pay for the number of users at the applicable tiered cost
Tier | User Minimum | User Maximum | T3T Standard Cost | TMC Member Cost* |
---|---|---|---|---|
Tier 1 | 1 | 50 | $20.00 | $17.60 |
Tier 2 | 51 | 100 | $18.00 | $15.66 |
Tier 3 | 101 | 150 | $16.00 | $13.76 |
Tier 4 | 151 | 200 | $14.00 | $11.90 |
Tier 5 | 201 | 250 | $12.00 | $10.08 |
Tier 6 | 250 | 500 | $10.00 | $8.30 |
Tiers 7 | 500+ | N/A | Negotiable | Standard % discount |
If you are having issues scheduling feel free to call 1(800)575-1838 or email support@take3tech.com.
For more information on our products, questions you have or any concerns please fill out the form below