Cipher¹

Anyone who has had to review, analyze and manually calculate the enormous amounts of data included in a self-employed or business tax return is aware of the hours it can take (4 1/2 hours on average - per Freddie Mac). Also, there is great potential for inaccurate or inconsistent analysis. Cipher¹ is the solution to this process. Cipher¹ software enables anyone to easily enter pertinent data from business or personal Federal Income Tax returns and generate "industry standard" adjusted cash flow reports (including Fannie Mae's 1084 Cash Flow Analysis) in a fraction of the time.

Cipher¹ was designed specifically for use by companies that must rely on income substantiated from Federal Income Tax returns including: mortgage bankers, mortgage brokers, commercial banks, credit unions, independent contract underwriters and processors, and, private mortgage insurance companies.

Cipher¹'s standardized templates guide the user through the analysis process with "clear-cut" instructions and best of all; the user need not be familiar with income tax returns to complete Cipher¹.

Cipher¹ analyzes personal and business returns including the Federal 1040 returns and their schedules, Schedule C (Sole Proprietorship), Schedule F (Farming Profit or Loss), 1065 (Partnership), 1120 (Corporation) and 1120S (S Corporation) returns. In addition, Cipher¹ extracts pertinent information including but not limited to:

• Adjusted personal and business qualifying cash flow
• Business trends - expenses to income ratio
• Data that completes Fannie Mae 1084 Cash Flow Analysis form
• Rental property cash flow
• Quality control and compensating factors

Cipher¹ provides the ability to include cash flow for three years of Federal Income Tax return data on a single report and saves up to five consecutive years of data. Upon completion of input, Cipher¹ creates accurate and complete printed reports, including a fully populated Fannie Mae Form 1084 Cash Flow Analysis that is ready for review.

Cipher¹ software is compatible with Windows 98 through XP/2000. There is no charge to download and install Cipher¹. After installation, you can review, adjust and print our sample file. To download and install Cipher¹ Click Here. To purchase Cipher¹, please call our office at 800-291-0655.