You can change the Default Valuation utilized to calculate LTV. Automatically, the Market Valuation is selected as the “Default Valuation”. To change this, you need to navigate to the Property Income Valuation section and select a new “Default Valuation” through the desired P&L’s Edit Valuation button.To measure LTC, you can go into the Deal Details section and change either “Loan Amount” or “Total Project Cost”.

The stress test will be applied to the deals displayed prior to clicking ‘Run Portfolio Stress Test”. A portfolio stress test can be applied to deals in the pipeline, portfolio, paid off, or rejected stage. Use the filter bar to access categories such as location, loan type, or deal owner. The time it takes to run the portfolio stress testing can vary depending on the number of deals in the selected group.

The Sales Comp Valuation cannot be manually edited. The valuation is calculated based on the individual sales comps selected in Blooma as well as the collateral square footage. Valuations can be analyzed on either a per square foot or per unit basis.

Once a deal has been approved and funded, then you can move the deal from the pipeline to the portfolio folder by selecting the Originate Deal button on the top right-hand side of the deal summary page. A pop-up will ask if you are sure you want to change the status to Portfolio and you can select “OK”. The deal can then be accessed from the Portfolio section of the Blooma landing page.

You can move any deal you are no longer pursuing to the Rejected Deals folder. The Rejected Deals folder can be found by clicking on the three dots located on the top right-hand side of the deal summary page or on the landing page on the right-hand side of the corresponding deal highlight.

Yes, users can manually create additional rent and sales comps. Simply click the three dots on the right corner of the comparables page and select create comparables.

Upload the documents through the Document Upload Center located on the bottom left of the deal summary page. After the files are uploaded and parsed, users will receive an email notifying them when their deal has been updated with this new information.

If a deal is submitted using intelligent deal creation, then the AI can create multiple collaterals or component types based off the information provided in the supporting documents. The user just needs to initiate deal creation with one address or component type and the other attributes will be added. The user can also manually add multiple collaterals or component types by selecting the Add Collateral or Add Component hyperlinks located on the summary page of the deal.