Residential Property Exit Financing Calculator


< -- Please enter name of the MFG Capital Group
        representative you are working with

Please fill out this form completely and be as accurate as possible.

This is not a pre-qualification for financing but rather a simple calulator to determine if you would qualify for an exit loan based ONLY on credit and debt-to-income according to conventional loan qualifications for a standard 30 year fixed, 75% LTV refinance. Remember, in order for us to consider purchasing your loan, we need to make sure you would qualify for exit financing. If you pass, this simply means that your loan is worth pursuing. If it does not, then there is no need to continue pursuing the purchase and re-structure of your loan. 

Is there a co-borrower on your current loan? *

If you have had a bankruptcy or foreclosure in the past 3 years, this will prevent you from qualifying for exit financing in the near future. Please stop here.

Residential Property Information

Loan Payment History *

Potential Exit Loan Payment

This section is to determine what your new loan would be at 75% loan-to-value (LTV) on a 30-year fixed conventional refinance loan

In order to calculate the montly payment, take the 75% LTV and calculate it based on a 30 year fixed loan at today's interest rate. The fastest way is to google "loan calculator" or you can click here

PITI is calculated by adding principal and interest + taxes + insurance 

Primary Borrower Information

**Min. credit score to qualify for exit financing is typically 680. If your score is below 680, it may take up to a year or longer to increase your score to at least 680 to qualify for exit financing. 

Primary Borrower Annual Income (average from 3 most recent years)

Primary Borrower Current Debt Obligations

Do NOT include any loans to be refinanced here:
 Loan BalancesMonthly Payments
Other Mortgage 1
Other Mortgage 2
Auto
Credit Card(s)
Other debts
Total debts

Co-Borrower Information

**Minimum credit score to qualify for exit financing is typically 680. If your score is below 680, it may take up to a year or longer to increase your score to at least 680 in order to qualify for exit financing. 

Co-Borrower Annual Income (average from 3 most recent years)

Co-Borrower Current Debt Obligations

Do NOT include the loan being considereed for refinance here:
 Loan BalancesMonthly Payments
Other Mortgage 1
Other Mortgage 2
Auto
Credit Card(s)
Other Loans
Total debts

Debt to Income (DTI) Calculator

 MONTHLY
New payment of 75% LTV loan (including taxes/insurance)
Total debt obligations (including co-borrower)
Gross income (including co-borrower)
Divide total debt by gross income

If debt-to-income (DTI) ratio exceeds 45%, you do not qualify for an exit loan based on standard conventional loan requirements for DTI.

Complete All Information Then Click on SUBMIT Below.

This Loan Calculator provides you with a better understanding of how likely you are to qualify for a typical conventional loan, however please note that this is NOT a pre qualification of any kind.