Modular Mortgage™

B2C mortgage risk assessment and pricing

  • The "origination product" derived from RQM used by brokers and borrowers.
  • Modular Mortgage is a single mortgage that can be designed to suit the needs of ANY borrower. The Modular Mortgage software will allow the user to start with a 'base' mortgage and add modules to customise the most suitable and efficient mortgage.
  • The process of building the Modular Mortgage using the RQM software produces a borrower rate and a MARQ score.

Modular Mortgage will be available free to brokers and borrowers to assess the risk of their own mortgage to determine a MARQ score and borrower rate

In practice when assessing a loan, the broker will enter the various characteristics of the borrower, mortgage and security property into an automated tool, which assesses these details using the Risk Quantification Methodology. The technology will then produce suggested pricing parameters the broker can use in the loan offered to the borrower.

Pricing parameters include:

(Product currently in Development)