In order to disclose the APR when someone calls about loan rates, are your loan officers running numbers in a "Loan Quote" type application to obtain an APR to provide the caller?

Or did you calculate sample transactions in order to give the loan officers an APR to quote when quoting loan rates?

Thanks!
Last edited by Likes to Comply; 07/09/13 07:49 PM.
_________________________
Always learning something new...