Padzilly combines your Loan Profile (your loan program and terms) with your Homebuying Budget (your comfort limits) to focus your search on homes that fit—and to power scenarios in SearchPro and offers in OfferPro.
Loan Profile: From your lender via LoanLink or entered manually.
Homebuying Budget: Your Max Monthly Payment and Total Funds Available (down payment + closing costs − credits).
Key rule with an approval connected:
You can set your Max Monthly Payment lower than the lender-approved payment to keep results within your comfort zone.
Total Funds Available is fixed from the approval (not editable here).
Go to Profile Settings or your Dashboard.
Select Set Up Loan Profile (or LoanLink if your lender already shared approval).
If you have a preapproval/approval:
Upload the document (PDF/image).
Review extracted details (loan amount, interest rate, loan program such as FHA/Conventional/VA, down payment, term, county/program limits).
Why: Using your lender’s actual parameters yields the most accurate monthly payment and cash-to-close estimates.
If you don’t have a document or your lender isn’t connected:
Provide Loan Type (FHA/Conventional/VA/other), Loan Amount, Interest Rate, Down Payment (amount or %), Loan Term (15/20/30 years), and any county/program limits (e.g., FHA limits).
Padzilly will calculate qualification from these entries.
If you have a detailed itemization, upload it so Padzilly can reflect closing costs, prepaid items, and credits more precisely—improving both Payment and Cash Needed estimates.
Enter values and tap Save Changes:
Max Monthly Payment — the monthly amount you prefer not to exceed.
Total Funds Available — cash for down payment + closing costs − credits.
With an approval connected:
Max Monthly Payment: you can lower this below the lender-approved payment to filter results to your comfort level.
Total Funds Available: locked to your approval (not editable).
How it affects results
Filter by Payment shows only homes at or below your Max Monthly Payment.
Filter by Cash Needed shows only homes at or below your Total Funds Available.
SearchPro lets you search as if you changed the deal—so Padzilly can surface homes you could qualify for with smarter, real-world offers:
Offer Price: try offering less to see if a home drops under your limits.
Down Payment: increase to reduce payment and cash needed.
Seller Contribution: apply a seller credit toward rate buydown or closing costs.
Unlocks after you upload a lender preapproval or complete Padzilly prequalification.
Subject to program and seller limits.
Padzilly recalculates each home using your what-ifs, then applies your Payment/Cash filters to highlight new matches within reach.
OfferPro carries over your Loan Profile, Homebuying Budget, and any SearchPro scenarios so you can craft offers that align with your lender’s guidelines and your comfort zone.
Loan type context:
FHA can fit lower cash or lower credit situations (includes MIP).
Conventional often fits larger down payments and excellent credit (PMI can fall as equity grows).
Your lender will recommend the best program for you.
Condos + FHA: Many condo communities aren’t FHA-approved; when browsing condos, preview with a 5%-down Conventional loan and ask your lender to confirm eligibility.
If you see few/no matches, try a modest price reduction with SearchPro or adjust your Max Monthly Payment slightly.
Do I need a lender approval to use this?
No. Without an approval, Padzilly uses typical FHA/Conventional assumptions so you can explore. Connecting approval via LoanLink improves accuracy.
Can I lower my payment limit even if my approval supports a higher amount?
Yes. Set a lower Max Monthly Payment to match your budget; it only affects search/estimates in Padzilly, not your lender approval.
Why can’t I edit Total Funds Available with an approval connected?
To preserve the integrity of your lender’s approval, cash is locked to the amount in that approval.
Will Padzilly’s numbers match my lender’s exactly?
They’re estimates. Final qualification and exact terms come from your lender after full review.
