Down Payment/Funds from Borrower Calculation

Unlike several other competitor systems, LendingPad follows the CFPB guidelines to calculate the down payment/funds from borrower.

Please refer to attached CFPB guideline page no.49.

https://files.consumerfinance.gov/f/documents/cfpb_kbyo_guide-loan-estimate-and-closing-disclosure-forms_v2.0.pdf