There are multiple ways to generate quotes for borrowers in Baseline.
Generating a quote from your Loan Pipeline
You can generate quotes using borrower information directly from your loan pipeline using these simple steps:
Click on any loan you want to generate a quote for from the pipeline view
On the top right-hand side, hit the blue 'Actions' button
Select 'Generate Quote'
You'll now be entered into the quote generation flow, and the Baseline system will utilize any preexisting information available about the loan in the pipeline, any linked borrower, and your preexisting sizer configuration to generate the quote for them. Some of the information utilized will include:
Use of Funds
Loan Type
Lender of Record
Borrower Details
Guarantor Details
Property Details
Address
Asset Value
ARV
Loan Terms
Origination Date
The 'Purchase Price', 'ARV - Borrower' and 'Total Rehab' fields are mandatory fields to generate a quote.
After entering any additional information the system requires to generate a quote, you'll see a list of available options to present to your borrower that will be pulled from your uploaded sizer. If you have not added a custom sizer, the default sizer will be used.
Editing a quote
Once quote options have been generated, you will have the option to manually edit them before sending them to your buyer. To do so, hit the three dots '...' on the individual quote option generated, then select edit. From there, you can change details of the loan amount, change the term, add origination fees, add additional yield, and also add additional fees of other kinds.
Preview & Send
Once you're satisfied with the terms of the quote being generated, you can preview it, download it, and send it to your borrower. The blue preview & send button appears in the bottom right-hand corner of the final options screen of quote generation.
On the preview screen, the 'Download PDF' and 'Send' buttons will both appear in the bottom right-hand corner of the screen. If you elect to send the quote to the borrower, you will have the option of adding a message to the quote, which the borrower will receive via email.
