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Calculated Industries 3415-KITE-D User Manual

Page 5

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4 — Q

UALIFIER

P

LUS

®

III

X

“Unrestricted” Qualifying ............................................................57
Qualifying Comparison (Comparing 2 Different Loans or Ratios

at Once) ..................................................................................58

Finding Income Required and Allowable Monthly Debt .............59
Solving for Actual Qualifying Ratios...........................................60

1ST AND 2ND TRUST DEEDS (COMBO LOANS) .....................61

Combo Loan (80:10:10) vs. Fixed-Rate Loan with Mortgage

Insurance ................................................................................62

Combo Loan (80:15:5) vs. Fixed-Rate Loan with Mortgage

Insurance ................................................................................64

Combo Loan —

Entering a New LTV

........................................66

APPENDIX .......................................................................................68

Default Settings..........................................................................68
Reset..........................................................................................68
Error Codes................................................................................68
Auto Shut-Off .............................................................................69
Batteries .....................................................................................69
Repair and Return......................................................................69
Warranty.....................................................................................70
Legal Notes ................................................................................71
Looking For New Ideas ..............................................................71

INDEX .............................................................................................72