Income Calculation Bot

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Income Calculation Bot

$2,500.00 - $3,750.00
Income Calculation Bot
Income Calculation Bot

Home / Shop

Income Calculation Bot

$2,500.00 - $3,750.00
Model Number: IpzpjkwdAlD0nL
Compute borrower stable monthly income in a consistent and transparent manner. Includes • W-2 wage, commission, Self-Employed, Rental, and K-1 income.
Required for Product License
Production Encompass Client ID (ex. 3011122233)
Required
How Many Loans Did You Close Last Year?
  • 0 - 2000
  • 2000 +
Maximum quantity exceeded
Minimum purchase amount of 0 is required
Maximum purchase amount of 0 is allowed
Your Price: $0.00
0.000
A one-time price of $0.00 will be added to your order.
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  • Description
  • Specifications

Teraverde ® Income Calculation Bots for Encompass®

Do you want to improve your lending experience?
Are you searching for a way to streamline borrowers?

The Teraverde Income Calculation Bot works in integration with Encompass and other Teraverde products to make the loan origination process, seamless, and the income computation method – transparent. 

Multiple Income Categories – Easier Lending 
The Income Calculation Bot evaluates incomes to compute a stable borrower monthly income to aid decision making.

The income categories include:

  • W-2 Wage Earner and Commission Income
  • Self-Employed Income
  • Rental and K-1 Income
  • Basic Housing Allowance for VA Loans

Why Compute Income? 
The Bot doesn’t merely compute incomes but allows for greater transparency in the income calculation process.

The bot:

  • Increases productivity
  • Balances with tax returns
  • Repeats computations for long-term benefit.

Equipped with a license code and installation and administrator’s guide, the Income Calculation Bot helps processors, underwriters, and other personnel of the lending team to ease the loan process.

Pricing:
Lenders closing more than 2000 loans per year. Make a single payment of $3,750
Lenders closing less than 2000 loans per year. Make a single payment of $2,500
*Amount of loans are verified before purchase.