Today's lenders need a solution that fits right into their workflow, offering the flexibility and speed to stay ahead in the ever-changing landscape of private real estate lending. Traditional lending software can feel pretty stiff, with limited customization that can slow things down and cause unnecessary headaches. But with Baseline’s calculated fields, you can automate key metrics like interest rates, loan values, and fees directly in your loan docs and underwriting process. It’s all about saving time and letting you set values based on specific conditions—so your team can focus on what really matters without getting bogged down in manual calculations. Plus, calculated fields help you dodge those costly math mistakes that can mess with payments, payoffs, and loan accuracy. It’s super easy to set up—just enter your formula, and you’re good to go.
See all the ways Baseline customers are using calculated fields to simplify and level up their lending operations.
Attach Variable Charges To Loans Automatically
Using calculated fields, you can automatically apply a variable origination charge based on a loan value or any other relevant variable.
Expedite Underwriting With Custom Statistics
Calculated fields unlock fully customizable loan statistics to help you analyze a loan. Not only will these deal statistics generate automatically, they can be included in your term sheets and used in any document.
Integrate Conditional Fields
Calculated fields support a variety of logical arguments, like IFs, ANDs, ORs, and many more expressions that help you output the exact values your team needs.
Using these arguments, the possibilities are endless. Create a 'Deal or No Deal' field that automatically advises your team on whether or not a loan should be approved. Use a 'CEILING' function to round your loan amount or holdback to the nearest $100 when LTV or LTC caps return undesirable non-rounded figures.
Adding even more power to your origination process, you can stack conditions within your calculated fields. For example, increasing the origination fee from 2% to 5% if you'll be in a second lien position using an 'IF' statement within your calculated field.
