Step 4 - Getting your Results

Understanding the results and saving your research.

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Written by Grace Teager
Updated over a week ago

Now it's time to send the details from step 1 to the lenders I selected in step 2, sit back and wait for the results to come back.

Simply click calculate and the system will fire off your request to all of your lenders with the data you input into the form in step 1.

The results page is split into six sections.

The first two sections are:

Progress Overview

The Results Graph (this will begin to populate as the results come in)

You will see a thin vertical red line in the results graph that denotes the ‘requested loan amount’. If a lender returns a figure in excess of the amount you requested then their bar will be Green for GO! But if they returned an amount less than what you requested the bar will be grey.

The next sections are the detailed results. The first thing to learn is that ONLY lenders that have product availability based upon your search will be displayed in the Affordable and Not Affordable tables.

We use Mortgage Brain intelligence to check the each lender has a product that matches your search based upon:

  • Type (Purchase, Remortgage)

  • Repayment Method (Capital & Interest, Interest Only or Mixed)

  • Requested Loan Size

  • Loan to Value

If a lender doesn’t have a product matching those parameters then they will be placed in the excluded lenders table - EVEN IF THEY RETURNED AN AFFORDABLE AMOUNT. You will also find any lenders that had exceptions in step 3 in the Excluded Lenders table.

If a lender fails they will be in the failed lenders table.

Now let's take a look at the detailed results in the Affordable Lenders table.

The maximum a lender says they can potentially lend differs from lender to lender. You can see these amounts in the Green, Purple & Red column on the right. You can understand what these mean by using the key provided.

By clicking the Full Info button you’ll get a greater understanding of which incomes were included and excluded, what assumptions were made and which inputs that you entered in Step 1, were ignored by the lender, as in, they didn’t have a corresponding field on their own calculator.

You can also see exactly how the form was completed by clicking on the lenders ‘Result Screenshot’ button and from the ‘Full Results Breakdown’.

Only once all of the results are in can you click the ‘Full Results’ button where you will be able to generate pdf research documents and download all the screenshots for each lender.

Here you will be able to view more screenshots for lenders that have multi page calculators and download any you wish to your computer.

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