VIP LENDING Prequalification Worksheet
Monthly Income
Back-End DTI
Status
Not yet calculated
For discussion purposes only. This worksheet produces a preliminary, self-reported estimate. It is not a loan application, pre-approval, or commitment to lend, and no credit report is pulled here. Actual eligibility, rate, and loan amount depend on full underwriting, credit review, and verification of income, assets, and employment.

Who's completing this form?

Borrower Contact Information

What are you looking to do?

Purchase Details

Current Housing Situation

If you're keeping your current home (not selling), its payment will be counted as an ongoing monthly debt below.

Employment & Income

Borrower

Other Income Sources (Social Security, pension, alimony, rental, disability, etc.)

Assets

Total liquid assets: $0

Liabilities (monthly payments)

Total monthly debt (excl. new/current housing payment): $0

Credit

Rate & Estimate Assumptions (editable — click to expand)

Defaults seeded from Freddie Mac's Primary Mortgage Market Survey (week of Aug 13, 2026: 30-yr 6.67% / 15-yr 5.96%). Adjust anytime — these drive every estimate below.

Homeowners insurance defaults automatically to 0.5% of purchase price per year (÷12) once a purchase price is entered. Edit it directly to override that estimate for a specific borrower.

Prequalification Estimate

Updates automatically as you fill in the form.

Household Gross Monthly Income
$0
Est. Monthly Housing Payment
$0
Total Monthly Debt (incl. housing)
$0
Loan-to-Value
Front-End DTI (housing ÷ income) — informational
0%No fixed target
Total DTI (total debt ÷ income)
0%Max: 50%

Estimated Affordability (Purchase)

Est. Max Purchase Price
$0
Est. Max Loan Amount
$0
Cash Needed to Close (est.)
$0
Liquid Assets Available
$0

ℹ️
Enter income and loan details to see an estimate

"Get Pre-Qual Letter" always notifies a VIP Lending loan officer, and — for a "Likely Approved" result — generates a preliminary prequalification letter below. Without an Email Automation Webhook configured (Rate & Estimate Assumptions, LO only), this opens a pre-filled email in your default mail app instead of sending automatically.

VIP Lending internal tool — Phase 1 prequalification worksheet. Estimates use standard conventional-style guidelines (editable in "Rate & Estimate Assumptions") and are not specific to any one loan program (FHA/VA/USDA/Conventional) or investor overlay. No credit report is pulled through this tool. Data entered here stays in this browser tab only — nothing is saved automatically, so export the JSON summary before closing the tab if you need to keep it. This worksheet does not collect Social Security Number by design, to keep it clearly a preliminary estimate rather than a completed loan application under Regulation Z.