Starter products: renderer reference

Non-normative starter-product guidance (RFC 0078). Not part of the standard.

This page moved from the Format specification Part VII under RFC 0112 (D6). Section numbers are kept so existing references (§7.1, §7.2) still find the text. It describes the outputs of the reference renderers: renderReportHtml in @uwmd/core, the @uwmd/report PDF pipeline and uwmd render --format chat (CLI reference §6.4). A conforming Reader or Verifier owes none of it.

VII. Rendering Targets

7.1 Lender Package PDF (Tier 1)

Sections rendered, in order:

1. Cover page (property photo, address, date, preparer)
2. Executive Summary (key metrics table from quick_metrics)
3. Property Overview → property section prose + formatted data
4. Proforma / Cash Flow → noi_model formatted table
5. Rent Roll Summary → rent_roll unit_mix_summary table
6. Debt Structure → debt_structure terms table
7. Sources & Uses → sources_uses capital stack
8. Borrower Summary → borrower_sponsor.sponsor_narrative + financial summary
9. Exit Analysis → dcf.exit_analysis + returns table
10. Assumptions & Disclosures → assumptions table with source badges; standard disclaimer

7.2 Credit Memo (Tier 2 Analyst)

All Tier 1 sections plus:

• Market Analysis → market_analysis full narrative + comp tables
• Financial Analysis → Full DCF table + stress_tests matrix
• Due Diligence Summary → due_diligence checklist and findings
• Risk Assessment → risk_assessment component scores + narrative
• Compliance Summary → compliance key findings
• Covenants → debt_structure.covenants formatted table
• Appendices → Raw agent outputs, full rent roll

7.3 AI Chat Context (--format chat)

A compressed representation of the deal for dropping into an AI assistant. Includes:

• Full frontmatter
• Prose sections (not data blocks — AI reads narrative faster)
• Key metrics table from quick_metrics
• Active flags from validation
• Assumptions summary (by source category counts)

Omits: full unit-level rent roll data, full operating statement line items, pipeline log (included as a one-line summary instead).

Target token count: < 8,000 tokens for Tier 1 deal, < 16,000 for full Tier 2 deal.

Chat Sources & Uses reads the Format 4.8 stated scalar homes: sources.total, uses.total, sources.senior_loan, equity_metrics.equity_total, uses.closing_costs.total and uses.other_reserves. Other reserves are labelled explicitly and do not imply an escrow total. Display does not sum missing totals. Numeric displays use the missing marker for objects, arrays and other nonnumeric carriers, including the null-prototype objects reconstructed by CSV decoding.