Flood Hazard Determination; Flood Hazard Notice; Gift Letter; Itemization Of Amount Financed - Calyx Point 7 User Manual

Table of Contents

Advertisement

Disclosures and other forms
Fields relating specifically to flood certification are all direct input fields or check boxes.
Populate the fields and select the appropriate check boxes. To request directly from this
screen, click Request Flood. To view the flood data you request, click View Flood.

Flood Hazard Determination

The Standard Flood Hazard Determination is the standard flood hazard form created by
FEMA (Federal Emergency Management Agency). To make the flood report request
directly from this screen, click Request Flood. To view the flood data you requested, click
View Flood.

Flood Hazard Notice

The Flood Hazard Notice notifies potential buyers of special flood hazards in the area and
notifies them of the availability of federal disaster relief assistance. To request directly from
this screen, click Request Flood. To view the flood data you request, click View Flood.

Gift Letter

A standard gift letter template is included with Point that is used to document an amount of
money received by the loan applicant as a gift. The property address on the gift letter
comes from the

Itemization of Amount Financed

This legal-size form is a supplement to the
It highlights the items on the
Prepaid Finance Charge used to calculate the annual percentage rate (APR) on the
Truth-In-Lending
It also itemizes the amount paid to the borrower's account or paid to others on the
borrower's behalf.

Loan Submission Sheet

The
Loan Submission Sheet
cover page when submitting a loan manually for underwriting. Check with your lender to
verify if they will accept this form.

Completing the Loan Submission Sheet

Complete this form last so the majority of the information is populated from other forms.
Verify that the following fields are populated:
156
For more information about flood certification, see
on page 317.
Prospect
or
Borrower Information
Good Faith Estimate
disclosure.
is a summary of the loan information that is used as a
Census Tract
Program
Pgm code
Property Type
Float
Locked On
Related information
Flood
screen.
Good Faith Estimate
(marked PFC) that comprise the
certifications,
.
Calyx Software

Advertisement

Table of Contents
loading

This manual is also suitable for:

Point 7.0

Table of Contents