── ── Industry
Mortgage — Loan Fallout Premortem
The parent premortem imagines the failure and works backward. Loan fallout (denied/withdrawn after lock) wastes the borrower's rate, the LO's pipeline, and risks a lock extension cost. Premortem surfaces the killers while there's still time to cure.
Run Mortgage — Loan Fallout Premortem on a real problem
Bring something you're actually deciding — free, in the browser.
How it works
Imagine the loan died at underwriting — why? - Income/employment: VVOE fails, gap, variable-income miscalc. - Assets: large deposits unsourced, insufficient reserves. - Credit: new inquiry/tradeline mid-process changes DTI. - Appraisal: comes in low; property/condition issues. - Title/insurance/HOA: liens, uninsurable, HOA litigation. For each likely killer, cure or condition now, before the lock burns.
When to use it
- a file is submitted or in underwriting
- rate lock is ticking
- 'what could kill this loan before closing?'
- thin-file or borderline borrower
When not to use it
clear-to-close with no open conditions.
Worked example
Mortgage — Loan Fallout Premortem
The parent premortem imagines the failure and works backward. Loan fallout (denied/withdrawn after lock) wastes the borrower's rate, the LO's pipeline, and risks a lock extension cost. Premortem surfaces the killers while there's still time to cure.
Install this skill (free, MIT)
npx skills add deciqAI/knowledge-skillsUseful? Star the repo — stars help other builders find it.
Related mental models
The parent decision-tree maps branching choices to outcomes.
The parent anchoring shows a first number silently biases all judgment.
The parent checklist is a verifiable gate.
The parent checklist converts "are we covered?" into a verifiable gate.