Options
The changes that clear every check, ranked by the borrower’s extra cash, one change for several failures, the officer’s choice, and the AUS run until it approves.
Updated 2026-10-18
Options
An option is a list of changes to the loan: each field with its value now and the value it takes. Proxara works out every option the rules allow for the loan as it stands, drops any that another beats on every count, and ranks the rest.
How they are ranked
The least extra cash from the borrower at closing first, then the fewest changes, then your shop's own playbook: the order your restructure specialist tries them in. As loans go through, the outcomes of your own AUS runs reorder options within that playbook by what actually worked. The first few stand on the screen; the rest wait behind one row.
One change for several failures
Where several limits fail at once, Proxara searches every combination of the loan's own levers: the quoted terms and rates, paying off a debt, an account the application does not list, the other AUS. It solves the loan amount for each combination, so one change clears every failure. The sample loan Two problems, one change shows it: a second home over both of DU's limits, DTI and LTV, cleared by lowering the loan and taking the 30-year quote.
The families
After an AUS run, the options also come from nine families of change, each worked out from what the AUS said.
| Family | What it computes |
|---|---|
| Lower loan amount | The smallest reduction that clears the stated LTV, CLTV or payment threshold |
| Change product | Income, ratios, limits and reserves recomputed under the other rulebook |
| Run other AUS | The rule differences between DU and LP for this file |
| Lower compensation | The lawful levers for a points-and-fees failure, under Regulation Z |
| Add or document assets | The shortfall against the stated reserves or funds to close |
| Change term | Payment, ratios and every rule the term touches, recomputed |
| Pay down or pay off liability | The liability sets whose exclusion clears the ratio |
| Add or remove borrower | Income, liabilities and the credit facts that change |
| Switch fixed or adjustable | The qualifying-rate rules that apply after the switch |
The compensation family
Regulation Z comment 36(d)(1)-5 keeps a broker from reducing its compensation to pass the points-and-fees test, so the family shows that rule quoted, unless a documented unforeseen settlement-cost increase fits comment 36(d)(1)-7. The lawful levers for that failure are computed in its place, each with its citation: a lender credit or lender-side pricing, bona fide discount points excludable under 1026.32(b)(1)(i)(E) and (F), and a loan-amount change.
Reading an option
The headline says the change in one line, and what it does under it: the DTI and LTV after it and the cash it asks of the borrower. The option you are looking at opens in its row: each field it changes in the loan, the value now struck through, the new value beside it. The row shows the extra cash at closing, the payment, DTI and LTV. A term that can take several lengths keeps them in one row, with a picker. An option that meets every published rule and leaves the rest to the AUS says so: "LP decides if it passes."
Choosing an option
The loan officer chooses, with the borrower. Proxara raises one task in the loan, Choose the structure (Approve the loan amount when only the amount changes), naming the option it would choose and what it does to the borrower's cash and payment. Completing the task takes that option, and completing it as Not now leaves it. Approve on any option on Proxara's screen does the same. Proxara then enters the fields in the loan and runs DU or LP. If a document that arrives later undoes the choice, the task comes back as Choose again and says what changed.
The chosen option is also kept as a MISMO 3.4 file beside its result PDF.
Proxara continues from each returned report until the AUS approves the loan or no legitimate change is left. Its result PDFs stay under Loan file.