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Academy Advantage

Size： 1.00M
Versions： 3.0.2
Updated： Aug 20,2024
Tags： Office

Introduction

The Academy Advantage app is the ultimate tool for home buyers, realtors, and loan officers. With this app, home buyers can easily determine their monthly mortgage payment, check if they qualify for a loan, and see which home loan types they are eligible for. They can even print a pre-approval letter to make their offer on a house more official. The app also allows home buyers to track the progress of their loan application and keep an eye on the outstanding conditions. Plus, they can quickly contact their loan officer or realtor with just a click. For realtors, the app provides the ability to review a client's financials, calculate their affordability, and track their loan application progress. Realtors can also print pre-approvals without waiting for the loan officer and easily contact them whenever needed.

Features of Academy Advantage:

- Pre-Qualification for Home Loans: The Academy Advantage app connects home buyers and realtors with loan officers, allowing them to pre-qualify for a home loan. This feature saves time and eliminates the need to visit multiple lenders.

- Official Pre-Approval Letter: Once pre-qualified, home buyers can conveniently print an official pre-approval letter from the app. This letter can be used when making an offer on a house, giving buyers a competitive advantage in the market.

- Progress Tracking: The app enables all parties involved (home buyers, loan officers, real estate agents) to track the progress of the home loan application process. Milestones and conditions required for final approval are clearly displayed, ensuring transparency and timely completion.

- Mortgage Calculator: The app provides a mortgage calculator tool to determine an exact monthly mortgage payment. Users can also check their eligibility for different loan amounts and types, empowering them to make informed decisions.

FAQs:

- Are the results from the mortgage calculator tool accurate?

Yes, the results provided by the mortgage calculator are estimates based on the information entered. It gives users a general idea of their financial capabilities and potential loan options.

- Can realtors review the financials of their home buyers?

Yes, realtors using the app can review the financials of their home buyers to gain insights into their affordability. This knowledge helps realtors schedule showings for homes within the buyers' budget.

- Can the app be used to contact loan officers and realtors?

Absolutely, the app provides a convenient and quick way to contact loan officers and realtors. Users can easily connect with the relevant professionals for any queries or assistance needed.

Conclusion:

The Academy Advantage app offers a comprehensive set of features and tools to streamline the home loan application process. With the ability to pre-qualify for a loan, print official pre-approval letters, and track progress, home buyers, loan officers, and real estate agents can stay organized and efficient. The mortgage calculator tool further enhances the app's usability, allowing users to estimate their monthly mortgage payment and assess their eligibility for different loan options. Whether you're a home buyer, loan officer, or realtor, the app is a valuable resource for navigating the home buying journey effectively.