Our OfferPro tool is designed to empower you in creating property offers, allowing you to structure personalized offer scenarios that align with your loan approval and financial preferences. With OfferPro, you can adjust the offer price, seller contributions, and down payment, all while staying within your loan guidelines. For a refresher on how to use OfferPro, see: How to use OfferPro (B1124-005)
What is AutoQualify?
AutoQualify is a tool that appears within the OfferPro dialogue when your current payment or cash availability does not qualify for a specific property. Its purpose is to help you quickly find a viable offer configuration.
Instead of manually adjusting OfferPro values (like the down payment or seller contributions) through trial and error until you qualify, AutoQualify does it automatically for you.
How does AutoQualify work?
When your current OfferPro values prevent you from qualifying, the "AutoQualify" option activates. By clicking on it:
Automatic Adjustments: AutoQualify modifies key values within OfferPro (such as down payment and seller contributions) within allowed parameters, aiming to make your offer qualify for the property. All adjustments respect the limits of your loan.
Optimized Results: The tool finds the most efficient combination to help you meet qualification requirements, simplifying the process.
Who is AutoQualify ideal for?
Users seeking simplicity: If the manual adjustment process in OfferPro feels overwhelming or complicated.
Time-saving: For those who want a quick solution to qualify and do not want to spend time experimenting with different numbers.
What if AutoQualify doesn’t qualify me?
Although AutoQualify is designed to optimize your offer, there may be cases where, even after its automatic adjustments, you still do not qualify for a property (for example, if the property exceeds your maximum loan capacity).
If this happens, you can continue manually modifying OfferPro values after using AutoQualify. The tool provides an optimized starting point, but you always have the flexibility to make additional adjustments to explore all options.
Summary
AutoQualify transforms the complexity of offer qualification into a simple, automatic process. It acts as your personal assistant within OfferPro, helping you qualify for the properties you’re interested in quickly and efficiently. Click "AutoQualify" and let the technology work for you!
