Key Assumptions | Monthly |
Average Monthly Funded Loan Volume (units) | |
Current Pull-Through % | |
Average Monthly Application Volume (units) | 1,500 |
Average Loan Amount | |
Monthly Loan Volume ($$) | |
Annual Loan Volume ($$) | |
Lock Fee Savings from Cycle Time Reduction | |
Cycle Time Reduction (days) | |
Lock Price Per Day (bps) | |
Lock Fee Savings from Cycle Time Reduction | |
Calculate Profit from Productivity Gains | |
Fully-Burdened Average Underwriter Annual Salary | |
Average Underwriter Monthly Salary | |
Existing Average Underwriter Loans Per Month | |
UW Headcount Required For Loan Volume @ Loans Per UW | |
Monthly Underwriting Expense | |
Candor Productivity Improvement | |
Average Underwriter Loans Per Month with Candor | |
UW Headcount Required For Loan Volume @ Loans Per UW | |
Monthly Underwriting Expense with Candor for Same Volume | |
Labor Savings from Productivity Gains | |
% Reduction in Underwriter Cost | |
Calculate Profit from Increased Pull-Through | |
Pull-Through % Improvement with Candor | |
Additional Loan Volume | |
Additional Loan Amount | |
Average Gain on Sale | |
Added Gain on Sale | |
Total Monthly Savings / Profit Improvement |
Total Monthly Savings / Profit Improvement |
Lock Fee Savings from Cycle Time Reduction
Labor Savings from Productivity Gains
Additional Gain on Sale from Increased Pull-Through
What does this mean for you?
Immediate profits 3 ways. With our profit calculator you can quickly see what Candor "Can Do" for your bottom line.