BRRRR’s Loan Calculator: More Flexibility and Faster Comparisons

Lenders and mortgage brokers have always had a difficult and time-consuming job comparing the options available. This is magnified in the secondary mortgage market, where data is collated from multiple, often non-standardized, streams. Working out the best deals from bank rate sheets that might be provided in PDF, Excel, or email format has historically taken many hours to achieve. 

Until now…

Enter the BRRRR.com loan calculator, a tool that stands head and shoulders above any other tool on the market today.

ROWS: The BRRRR.com Novel Loan Calculator

• What is ROWS?
• A loan calculator fully integrated with existing tools

What is ROWS?

ROWS was born from the complexities of loan comparisons that the BRRRR.com team works with every day. The need to manually organize and compare data in a variety of formats not only takes time, but is also a landscape with a high potential for error. Tools, such as OptimalBlue, make life easier but are not a definitive answer.

There was nothing on the market that solved this dilemma—so the team decided it was time to create their own.

ROWS provides the additional data comparison options that are the key ingredients to making the process faster and more accurate. 

A loan calculator fully integrated with existing tools

Of course, it wouldn’t work unless it could seamlessly communicate and complement existing tools. ROWS works in tandem with Noloco and Feathery to provide a seamless loan comparison process.

It offers a user-friendly platform that allows for:

• Centralized data collection: Rate sheets from the loan buyers are entered, presenting a single display and format where lenders can easily compare up to 20 options at a single glance.
• Auto scenario calculation: Real-time calculations can be performed at the touch of a button, thanks to the ROWS-Feathery integration. Save calculations at will into the BRRRR.com database for future reference.
• Tailor and customize options: Return data with broker-specific margins thanks to a customized calculator that doesn’t require any alterations to existing loan management systems.

The benefits are many and the program is already proving invaluable to the BRRRR.com team, as well as to early adopters of the system.

• More accurate calculations: Even the best human broker has a risk of error. Add in the need for speed in this highly competitive market, and this increases exponentially. Using the BRRRR.com automated loan comparison calculator removes this risk entirely.
• Faster calculations and comparisons: A real-world example is the 12-person BRRRR.com sales team, who’ve efficiently saved dozens of hours each week since integrating the tool into their working practice.
• Increased business growth: Team members have more time to dedicate to clients and expansion. The loan calculator brings the ability to price deals independently, speed up the process, and close those all-important deals.

Lenders of All Sizes Can Benefit: Contact BRRRR Today to Find Out More

BRRRR was particularly keen to provide a streamlined loan calculator that was accessible to small and mid-sized lenders—companies that might not have the resources to invest in the high fees charged by companies, such as Loanpass.

The loan calculator is just one example of how BRRRR.com is transforming the secondary mortgage and loan marketplace. The allure of property is no longer a playing field solely made up of big businesses and wealthy investors. Today, a significant element now consists of individuals who are looking to invest in property as an alternative to traditional pensions, 401(k)s, and retirement funds.

Smaller lenders and brokers are typically where these entrepreneurs turn to procure their funds. The BRRRR.com loan calculator is set to revolutionize the way in which such alternative lending can be streamlined and best serve this lucrative and growing market.

Discover more at https://www.brrrr.com/loan-calculator