PTC Rate Quote + iOS User Manual
Contents
1. Diane Felt 530 305 9450 530 885 7722 530 885 1592 Neer 0 The office contact information will give you the contact information for each of your local Marketing Representative If you choose Office Map Google Maps will launch and you can get driving directions to the branch If you tap Email an email window will open to send an email to that marketing representative Training Manual for PTC Rate Quote 1 15 Rev Page 35 RATE QUOTE f Fixed Closing Costs D Tap each bar to edit the settings The majority of this information is pre loaded for you Any of the information that has been pre loaded will automatically be updated when a new update is made If you have manually changed any of the pre loaded areas then the information will automatically be overwritten with a new update Training Manual for PTC Rate Quote 1 15 Rev Page 36 1 Ken RATE QUOTE Contact into Betsy Hoss 016 677 1234 Outstanding Real Estate Company The contact info area is for your personal contact information as well as choosing your default escrow office marketing representative and preferred county Training Manual for PTC Rate Quote 1 15 Rev Page 37 1 Kan RATE QUOTE General Property Tax Rate ome Tak Rate M w z t P The general setup area allows you to specify the defaults that you want to pull into each area of this app All of these fields will be pre loaded f2. Ti 1 Acceptance o wired wie The settlement fee ete n addition the settiement TA enc IONOWINO tO O y resicgental 20 10 Hor SPOoOWwWnNe T ni fr pavot and dema Wnmental fees i The disclaimer points out some critical information and also describes how the app calculates some of the fees such as the title premium and the settlement fee The disclaimer can always be accessed in the Settings area if you need to review it Training Manual for PTC Rate Quote 1 15 Rev Page 45
3. Results History 4777 Copperfiel 3 1 1 58 40 4777 Copperfiel 3 1 1 54 36 The Results History area will allow you to access any prior Net Sheets and or I Want to Net results that you have done in the past They will be listed with the newest results at the top and will be saved for 60 days Training Manual for PTC Rate Quote 1 15 Rev Page 16 1 Ken RATE QUOTE Buy m Now let s work on the Buy area of the App Let s start with a Buyer s Net Sheet Training Manual for PTC Rate Quote 1 15 Rev Page 17 CO RATE QUOTE Loan Type You will first need to choose the type of new loan for this file Training Manual for PTC Rate Quote 1 15 Rev Page 18 1 Kan RATE QUOTE lt Buy Net Sheet 4777 Copperhelkd on on Enter the Property Address City and Zip The City amp County are the only required fields Select the Property County The app will default in your default County but it can be changed Short Sale If your transaction is a short sale turn on the short sale feature City Limits If your property lies within the City limits or you are not sure go ahead and turn on this feature The City transfer taxes for all of California are included Tap Next Training Manual for PTC Rate Quote 1 15 Rev Page 19 OTE 460000 ms 3 g a e 53 750 00 The closing date is pre set to 30 da
4. Tap Next Training Manual for PTC Rate Quote 1 15 Rev Page 6 1 Kan RATE QUOTE Net Sheet Select your Closing Date The closing date is pre set to 30 days from Today s Date Enter the Sales Price R E Commission Enter the Total Commission If the number is below 100 then it will be calculated as a percentage otherwise it will be considered an amount Repairs Enter the amount of any repairs To access area to enter additional fees select Other Fees See instructions below Enter Annual Taxes Tax proration will auto calculate based on the amount entered here Payoff 1 Enter the principal balance Payoff 1 Rate Enter the interest rate of payoff 1 Repeat for 2 payoff if applicable When done tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 7 1 Kan RATE QUOTE Other Fees Listna Broker Fee Selling Broker ret on e E This area will allow you to break down the total R E Commission and also to add any additional fees Enter the Listing Broker Fee If the number is below 100 then it will be calculated as a percentage otherwise it will be considered an amount This information auto preloads from set up Enter the Selling Broker Fee If the number is below 100 then it will be calculated as a percentage otherwise it will be considered an amount This information auto preloads from set up To add Additional Fees First type a description of th
5. loan will have impounds turn on the Use Prepaids This option will automatically turn on if the down payment is below 20 Enter the number of months for each applicable item The number of months will auto populate based on set up If this loan will have Mortgage Insurance turn on the PMI option This option will automatically turn on if the down payment is below 20 Tap Done Training Manual for PTC Rate Quote 1 15 Rev Page 21 1 Ken RATE QUOTE Rent vs o A sa g E y Possible Appreciation Enter the Current Rent Enter the Sales Price Enter the Loan Amount Enter the increment to be multiplied by the sales price for the Hazard Insurance This is pre loaded from set up Enter the increment to be multiplied by the sales price for the Annual Taxes This is pre loaded from set up Enter the Interest Rate Will pre load if set up in Set up area Tap the Years to choose a value other than 30 If needed change the Income Tax Rate a default of 28 will auto populate Enter the HOA Fee amount and tap the Frequency box to change how often they are paid If needed change the Appreciation Rate When finished tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 22 1 Ken RATE QUOTE Rent vs Buy Results 1 500 00 280 000 00 45 000 00 7 305 04 54 728 69 1 634 06 1 240 81 51 500 00 5 259 19 ery appreciaies at J propery will be App
6. E My Payment Results FHA Total Monthly Payment 1 600 00 merest Male Approximate House Price 216 000 00 L 208 500 00 219 000 00 L 206 000 00 229 000 00 L 5206 000 00 239 500 00 L 3203 500 00 251 500 00 L 201 000 00 For an FHA loan it will give an option for 3 5 Down Payment To Email the results tap the Email button at the bottom of the page Training Manual for PTC Rate Quote 1 15 Rev Page 26 1 Ken RATE QUOTE Pre Qualify Monthly Debts CH aam OOO SS eee Ss en SSS a Debt Ratios Enter the Annual Salary For each Monthly Debt Type the Amount in the white box Tap the Choose Type bar to choose the type of Debt Training Manual for PTC Rate Quote 1 15 Rev Page 27 1 Ken RATE QUOTE Debt Ratios 28 36 C E The Debt Ratios will auto fill but can be changed as needed Check with your local lender to verify the debt ratios are accurate for your area When finished tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 28 1 Ken RATE QUOTE Pre Quality Results 580 000 00 800 00 Conventional 1 600 00 2 400 00 FHA Loan 1 933 33 2 733 33 V A pan 51 933 33 2 733 33 Use VA Loan The results page will show a Payment Amount and a Payment Amount plus Debt for each Tap the gray box for the loan type of your choosing to see the calculated results Training Man
7. PLACER TITLE RATE QUOTE USER MANUAL PIC RATE QUOTE Congratulations on downloading the Placer Title Rate Quote app Please take a few moments to review the User Manual that will be useful in registering setting up and learning about the features this app has to offer Training Manual for PTC Rate Quote 1 15 Rev Page 1 1 Kan RATE QUOTE Please take a few moments to review the disclaimer regarding how the title and escrow fees are quoted in the app This information will be very useful in understanding how the rates were calculated To start the registration process enter your First Name Last Name your Email Address Phone Company the Escrow Office you generally work with and Preferred County and then click on Save All information you have entered will be included in the Calculated Results Email If you prefer to not enter this information click on Later Congratulations The registration process is now complete Training Manual for PTC Rate Quote 1 15 Rev Page 2 1 Ken RATE QUOTE Once the initial set up has been completed you may choose to purchase the full version of the PTC Rate Quote app which will unlock the additional features It is a one time fee of 11 99 to access the full version with features including I want to Net calculator Rent vs Buy calculator My Payment and Pre Qualify options Training Manual for PTC Rate Quote 1 15 Rev Page 3 ELC RATE QUOTE Renew Subs
8. an be changed Short Sale If your transaction is a short sale turn on the short sale feature Cash If this is a cash transaction no financing for the buyer then turn on the Cash feature City Limits If your property lies within the City limits or you are not sure go ahead and turn on this feature The City transfer taxes for all of California are included FHA Payoff If you have an FHA payoff turn on this feature Tap Next EBLC RATE QUOTE Want to Net g Select your Closing Date The closing date is pre set to 30 days from Today s Date Enter the Net Proceeds R E Commission Enter the Total Commission If the number is below 100 then it will be calculated as a percentage otherwise it will be considered an amount Repairs Enter the amount of any repairs To access area to enter additional fees select Other Fees See instructions below Enter Annual Taxes Tax proration will auto calculate based on the amount entered here Payoff 1 Enter the principal balance Payoff 1 Rate Enter the interest rate of payoff 1 Repeat for 2 payoff if applicable When finished tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 12 EBLO RATE QUOTE Listing Broker Fee C CE C C C This area will allow you to break down the total R E Commission and also to add any additional fees Enter the Listing Broker Fee If the number is below 100 then it will be cal
9. cription Unlock All Features Unlock Features Later Uniock all the amazing teatures in this appbcation for the best experience Uniocked features include Want to Net Rent vs Buy My Payment and Pre Qualify To purchase the full version select Unlock All Features and you will be prompted from the app store to process your payment If you choose to proceed with the free version you can unlock the features at a later date Now it s time to get started with your first net sheet Training Manual for PTC Rate Quote 1 15 Rev Page 4 Kan RATE QUOTE Along the bottom of the app you will see options for Sell Buy and Quick Rate Let s start with a Net Sheet for a Seller Tap Sell and then Net Sheet Training Manual for PTC Rate Quote 1 15 Rev Page 5 1 Ken RATE QUOTE Enter the Property Address City and Zip The City amp County are the only required fields Select the Property County The app will default in your default county but it can be changed Short Sale If your transaction is a short sale turn on the short sale feature Cash If this is a cash transaction no financing for the buyer then turn on the Cash feature City Limits If your property lies within the City limits or you are not sure go ahead and turn on this feature The City transfer taxes for all of California are included FHA Payoff If you have an FHA payoff turn on this feature
10. culated as a percentage otherwise it will be considered an amount This information auto preloads from set up Enter the Selling Broker Fee If the number is below 100 then it will be calculated as a percentage otherwise it will be considered an amount This information auto preloads from set up To add Additional Fees First type a description of the Fee in the left hand column and then the corresponding charge in the right hand column Tap Save Training Manual for PTC Rate Quote 1 15 Rev Page 13 1 Kan RATE QUOTE 3 548 00 524 066 62 234 567 00 5845 95 10 000 00 72 13 0 00 49 113 40 887 00 50 001 00 Email The results page will show you the total closings costs payoff costs prorated taxes and the Final Net Amount To view a breakdown of the Closing Costs click on View Closing Costs To Email the Net Sheet tap Email button at the bottom of the page Your Results will be saved in the Results History section of the main Sell page Training Manual for PTC Rate Quote 1 15 Rev Page 14 1 Ken ATE QUOTE R 1 235 00 Seller 994 00 Seller 349 80 Seller 40 00 13 00 40 00 330 00 90 00 125 00 9 532 41 9 532 41 150 00 135 00 1 500 00 This screen will show you a breakdown of all the closing costs when you are finished reviewing the costs tap Close Training Manual for PTC Rate Quote 1 15 Rev Page 15 1 Kan RATE QUOTE
11. e Fee in the left hand column and then the corresponding charge in the right hand column Tap Save Training Manual for PTC Rate Quote 1 15 Rev Page 8 4 1 2012 4777 Copperfield Granite Bay California 95746 5400 000 00 3 500 00 29 828 00 213 456 00 51 154 76 10 000 00 72 193 50 00 145 489 11 875 00 The results page will show you the total closings costs payoff costs taxes and the cash to from the seller at closing To view a breakdown of the Closing Costs click on View Closing Costs To Email the Net Sheet tap the Email button at the bottom of the page Your Results will be saved in the Results History section of the main Sell page Training Manual for PTC Rate Quote 1 15 Rev Page 9 1 Kan RATE QUOTE 40 00 13 00 40 00 330 00 90 00 9125 00 12 000 00 12 000 00 150 00 135 00 1 500 00 29 828 00 This screen will show you a breakdown of all the closing costs when you are finished reviewing the costs tap Close Training Manual for PTC Rate Quote 1 15 Rev Page 10 ELO RATE QUOTE Want to Net 4777 Coppertold Granite Bay 95814 This area will allow you to calculate what the sales price should be in order for the seller to net a specific amount Enter the Property Address City and Zip The City amp County are the only required fields Select the Property County The app will default in your default county but it c
12. local lender to verify the debt ratios are accurate for your area Training Manual for PTC Rate Quote 1 15 Rev Page 41 aD RATE QUOTE An added feature is the ability to add the Buyer and Seller repetitive costs so that you are not entering them each time These reoccurring fees may include such things as the home warranty hazard disclosure etc Choose the type of loan you would like to save fees for Training Manual for PTC Rate Quote 1 15 Rev Page 42 1 Kan RATE QUOTE Save amount CS CA o CA C CS S E oe re Type in each item you would like to have defaulted into your Buyer s Net Sheets and the corresponding charge for each item Some items will be pre loaded for you Training Manual for PTC Rate Quote 1 15 Rev Page 43 1 Ken RATE QUOTE Seller A cs er Settings tern amount CS C CS CS CD C CY CS CS CS rf Type in each item you would like to have defaulted into your Seller s Net Sheets and the corresponding charge for each item Some items will be pre loaded for you Training Manual for PTC Rate Quote 1 15 Rev Page 44 1 Ken RATE QUOTE vu TiO Ven mane availanie through t ormatvion w i KE Escrow branch lates and fees Si g peandina on the overaces i ase coriact mect to change quesied and I AGGIUONAI cha Mm ISSUING 8 insurance 3 the Lenders pre A TA om Eo W565 ALTA Loan Policy attemear tee QUOTE
13. n payment To Email the results tap Email button at the bottom of the page Training Manual for PTC Rate Quote 1 15 Rev Page 32 1 3 Kan RATE QUOTE Results History 4777 Coppertel 3 1 54 57 The Results History area will allow you to access any prior Net Sheets that you have done in the past They will be listed with the newest results at the top and will be saved for 60 days Training Manual for PTC Rate Quote 1 15 Rev Page 33 RATE QUOTE The Quick Rate Option will allow you to get a fast and easy breakdown of the Title amp Escrow closing costs associated with a particular Sales Price and Loan Amount This is an abbreviated version of the Net Sheets Enter the Sales Price Enter the Loan Amount Enter the Property Address City and Zip The City amp County are the only required fields Select the Property County The app will default in your default County but it can be changed Short Sale If your transaction is a short sale turn on the short sale feature Cash If this is a cash transaction no financing for the buyer then turn on the Cash feature City Limits If your property lies within the City limits or you are not sure go ahead and turn on this feature The City transfer taxes for all of California are included Tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 34 1 Kan RATE QUOTE Curtis Roth 916 768 3394 530 888 7722 530 885 1592
14. or you Any updates will automatically overwrite any changes you may have made to them Training Manual for PTC Rate Quote 1 15 Rev Page 38 EBLO RATE QUOTE 0 23 0 32 0 78 l he HGy i a Duver DUIS i655 Than 2o Gown on a home ical i mony Private Mortoaace insurance PMI payment his is calculated by taking the joan amount and muitipiving it by the PMI A i rate PMI is paid until he joan holders have 2 equity in their home Placer Title App uses standard national PMI rate but allows iro users to change these rates PMI rates can change depending M The PMI settings allow you change the standard PMI ratios if needed All of these fields will be pre loaded for you Any updates will automatically overwrite any changes you may have made to them Training Manual for PTC Rate Quote 1 15 Rev Page 39 1 Ken RATE QUOTE ss Prepaids The Prepaids set up area allows you to change the number of months to collect for prepaid insurance and taxes All of these fields will be pre loaded for you Any updates to the app will automatically overwrite changes you may have made to them Training Manual for PTC Rate Quote 1 15 Rev Page 40 ELC RATE QUOTE The Qualify Ratios area allows you to change the qualifying ratios for each loan type if needed All of these fields will be pre loaded for you Any app updates will automatically overwrite any changes you may have made to them Check with your
15. rox mately 679 63 The results page will show you a breakdown of all the applicable factors as well as the monthly difference To Email the results tap the Email button at the bottom of the page The Results Page will give you a breakdown of the fees associated with the information given You can email this rate quote by tapping the Email button This information will not be saved Training Manual for PTC Rate Quote 1 15 Rev Page 23 J Kan RATE QUOTE Enter the Estimated or requested payment a total of Principal Interest Taxes and Insurance Enter the Interest Rate If needed change the Insurance Rate This is pre loaded from set up Tap the Years to choose a value other than 30 If needed change the Property Tax Rate This is pre loaded from set up Tap the Loan Type box to choose the type of loan When finished tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 24 EBLC RATE QUOTE Aporoximate Mouse Price 736 500 00 L 5238 500 00 252 000 00 L 3239 500 00 272 000 00 L 244 500 00 291 500 00 L 5248 000 00 318 000 00 L 5254 500 00 333 000 00 L 3250 000 00 The results page will show you a breakdown of all the applicable factors as well as the approximate house price per down payment amount To Email the results tap the Email button at the bottom of the page Training Manual for PTC Rate Quote 1 15 Rev Page 25 1 Kan RATE QUOT
16. ual for PTC Rate Quote 1 15 Rev Page 29 ELC RATE QUOTE Pre Quality Get Price Conventional The estimated or requested payment a total of Principal Interest Taxes and Insurance will auto fill in for you Enter the Interest Rate Will auto populate from set up If needed change the Insurance Rate This is pre loaded from set up Tap the Years to choose a value other than 30 If needed change the Property Tax Rate This is pre loaded from set up When finished tap Compute Training Manual for PTC Rate Quote 1 15 Rev Page 30 1 Kan RATE QUOTE Conventional 1 600 00 Property T insurance Rate Approximate House Price 215 000 00 L 215 000 00 227 000 00 L 216 000 00 244 500 00 L S220 000 00 261 500 00 L S222 500 00 284 500 00 L S227 500 00 299 000 00 L 5224 000 00 The results page will show you a breakdown of all the applicable factors as well as the approximate house price per down payment percentage To Email the results tap the Email button at the bottom of the page Training Manual for PTC Rate Quote 1 15 Rev Page 31 1 Kan RATE QUOTE FHA 1 933 33 30 Approximate Mouse Price 238 500 00 L 230 000 00 241 500 00 L 229 500 00 VIIA 3 Jow 252 500 00 L 227 500 00 WIth 3 ow 264 500 00 L 3225 000 00 278 000 00 L S222 500 00 e of For an FHA loan it will give an option for 3 5 Dow
17. ys from Today s Date Select your Closing Date Enter the Sales Price Enter the Down Payment Amount If the number is 101 or above then it is considered a dollar amount otherwise it is considered a percentage Enter the Interest Rate Tap the Amort Years to choose a value other than 30 Enter the increment to be multiplied by the sales price for the Hazard Insurance This is pre loaded from set up Enter the increment to be multiplied by the sales price for the Annual Taxes This is pre loaded from setup Enter the number of Discount Points If the number is below 100 then it is considered a percentage otherwise it is considered a dollar amount Tap the Edit Other Fees button to add additional fees See next page for details Enter the HOA Fee s amount and tap the Frequency box to change how often they are paid When finished tap Compute FE LCS rare Quore Buy Additional Fees O _ ss aaa i C Vionins Prepaid axes i aniis F i nn EO O O OOOO O This area will allow you to add the origination points any additional fees and calculate the impounds Enter the Origination Points If the number is below 100 then it is considered a percentage otherwise it is considered a dollar amount To add Additional Fees First type a description of the Fee in the left hand column and then the corresponding charge in the right hand column If this
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