| 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