President Barak Obama’s modification guidelines also help Loan Modification Companies to prequalify home owners when doing a mortgage modification. These guidelines include a predefined set of Front-End and Back-End DTIs (Debt to Income ratios) that clearly set the parameters to prequalify customers.

Being the rated 1 Loan Modification Software, SX3 has already incorporated these guidelines into their modification program. Now you can easily specify from the open list of Lending Institutions (Banks) the Front-End and Back-End DTIs (per Lender).

This functionality combined with the Financial Statement module that allows the users to enter actual and proposed situations (multiple scenarios) can easily pre-qualify the customers with simple clicks.

Offering a first class service to your loan modification customers is now easier than ever. Using SX3 v2.0 you can play safe offering a better and more accurate service to your customers by following the federal guidelines.