Streamline Loss Mitigation with WaterfallCalc

Let’s make your work a breeze

Streamline your workflow with ease. Run complex loss mitigation calculations and say goodbye to manual spreadsheets.

We've got your needs covered.

Team Discussion On Escrow Analysis Tools
All Loss Mit Options

Swiftly evaluate all your loss mitigation alternatives, from loan modifications to special forbearances.

Get immediate, compliant loss mitigation results for every loan type, from FHA to Fannie Mae, VA, USDA and more.
All Loan Types

Get immediate, compliant loss mitigation results for every loan type, from FHA to Fannie Mae, VA, USDA and more.

Team Discussion Regarding B2B / Loss Mitigation Calculator
Affordable Pricing

We offer per loan pricing, which makes it accessible to smaller servicers while giving larger organizations cost-effective scalability.

Business meeting on how to Simplify Default Servicing
Efficient Compliance

Flawlessly navigate requirements and ensure precise, efficient, and fully compliant processes.

Simplify Your Default Servicing Operations

Join dozens of servicers who are already streamlining their loss mitigation processes.

Efficiency & Precision
Efficiency & Precision

Blend calculations right into your borrower’s loan modification documents. Our escrow analysis tool accurately computes future payments based on the chosen workout option.

Seamless Integrations
Seamless Integrations

Boost your workflow efficiency with our seamless integration to Fannie Mae’s SMDU, Freddie Mac’s Resolve and one of our title or document partners.

WaterfallCalc+
WaterfallCalc+

Our cloud-based system provides a secure tool for borrowers to apply for loss mitigation. It ensures easy, transparent communication and quick document retrieval for audits.

Unmatched Support
Unmatched Support

Our responsive customer service team is always ready to assist you when you need it most.

Connect better with borrowers
with WaterfallCalc+

Make it simple for borrowers to apply for aid and share documents with you. Receive real-time updates, provide timely support, and customize our cloud-based portal to echo your brand.

Old Man using Escrow Analysis Tools

Praise from our Clients

Michael Fobert

SR Loss Mitigation Underwriter
Cascade Financial Services

“We are a small servicing shop of FHA and GNMA loans. We have used WaterfallCalc since 2015 with great results.  The average handling time along with partial claim error rate has decreased significantly. WaterfallCalc was very helpful with COVID and help tremendously on compliance when there were daily changes. The support team is great, and they are very quick on the updates, allows you to have peace of mind through the rapid and constant changes.”

Michael Brown

CEO
PQR Mortgage Solutions

“WaterfallCalc+ has transformed our borrower communication, making application process transparent and efficient.”

Julee Anderson

Asset Recovery Specialist
First Federal Savings Bank

“I have been using WaterfallCalc since I started working at my bank in 2013.  The bank has had WaterfallCalc since the beginning of doing FHA mortgages in 2009.  I highly recommend this service for all your investor needs.  The staff is fully knowledgeable of all aspects of their system and is always available to answer any questions you might have.  They are up to date on all changes that those investors like to make and their system is always ready with their new changes by the date required.”

Michael Fobert

SR Loss Mitigation Underwriter
Cascade Financial Services

“We are a small servicing shop of FHA and GNMA loans. We have used WaterfallCalc since 2015 with great results.  The average handling time along with partial claim error rate has decreased significantly. WaterfallCalc was very helpful with COVID and help tremendously on compliance when there were daily changes. The support team is great, and they are very quick on the updates, allows you to have peace of mind through the rapid and constant changes.”

Julee Anderson

Asset Recovery Specialist
First Federal Savings Bank

“I have been using WaterfallCalc since I started working at my bank in 2013.  The bank has had WaterfallCalc since the beginning of doing FHA mortgages in 2009.  I highly recommend this service for all your investor needs.  The staff is fully knowledgeable of all aspects of their system and is always available to answer any questions you might have.  They are up to date on all changes that those investors like to make and their system is always ready with their new changes by the date required.”

Latest News

Implementation of ML 2023-11 for Enhanced Loss Mitigation Evaluation

The following changes were laid out in ML 2023-11 and were implemented through an update to WaterfallCalc on July 11, 2023. Per ML 2023-11, Non-Borrowers who have acquired Title Through Exempted Transfer should be considered for a Home Affordable Modification Program (FHA-HAMP). There will be a new box on the first page of the FHA module with the description, “Title: …

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FAQs

As a loss mitigation calculator, WaterfallCalc offers business process automation for all mortgage loan types, including FHA, Fannie Mae, VA, USDA, jumbo, non-QM loans and more.

Yes, our affordable per-loan pricing model makes it easier for you to access workflow automation and better manage costs.

Our software has built-in, efficient compliance calculation tools designed to help you meet all regulatory policies and investor guidelines efficiently. The system is continually updated with the latest servicing compliance and regulations requirements, providing you with total peace of mind.

Both. Whether you’re a large, small, or mid-sized servicer, our scalable loan servicing calculator can be customized to simplify default servicing and improve customer engagement based on your specific needs.

We offer clients unmatched support through our dedicated customer service team, including training modules and tutorials to help you navigate the system effectively.

Because WaterfallCalc is fast, agile and flexible, it can calculate workout options at an average speed of 10 minutes per loan.

WaterfallCalc is an analysis and calculation tool that takes borrower and loan data and evaluates the available loss mitigation option based on insurer and investor requirements.  It then calculates the terms for the repayment plan, modification or subordinate loans. The servicer is charged a low per loan fee when data is submitted through the system. WaterfallCalc+ is a communication portal that allows borrowers to submit loss mitigation applications via their phones, tablets or personal computers.  The system walks the borrower through the process step by step and allows the servicer to communicate promptly with the borrower to ensure a complete application.  There is a low monthly subscription service for this module.

We have established working relationships with title report/insurer providers.  The servicer selects one of the providers and establishes a direct contract relationship with that provider.  We then enable the user to order title products through our system, which streamlines the process.

WaterfallCalc has partnered with Asurity Documents to provide nationwide modification and subordinate mortgage (partial claim) for every loan type (including FHA, VA, Rural Housing, Fannie Mae, Freddie Mac, Federal Home Loan Bank, FHA Tribal and standard conventional) for every recordable jurisdiction in the continental United States.  We are unable to draft documents for properties in Puerto Rico or any of the other American territories, or for terms that are not fixed rate, normally amortizing terms (with the exception of the traditional FHLB loans). 

Ready to ditch
the spreadsheets?

Contact Us Today!