Table of Contents
Advertisement
The following buttons, located at the bottom of the workspace, provide additional
functionality:
Mtg Insurance
FHA Stat Req
To complete the
Select Forms > Federal Housing Administration (FHA) > FHA Loan Underwriting
1
and Transmittal Summary (HUD 92900-LT) to open the
Summary
Most of the borrower and property information is populated from the
Information
Enter the case number in the
2
Select the section under which the mortgage is to be insured from the Section of the
3
Housing Act dropdown list.
Enter the underwriter's CHUMS ID number in the
4
Enter the CHUMS ID number of the underwriter who reviewed the appraisal in the
5
CHUMS ID for Appraisal Reviewer
Complete this field when the underwriter who reviewed the appraisal is different from
the one who reviewed the credit package.
The
6
option that corresponds to the TOTAL results for your loan:
•
Point User Guide
The Mtg Insurance button opens the
Funding Fee
dialog box which is used to calculate mortgage insurance fees for
conventional and government loans.
Opens the
FHA Statutory Requirements Worksheet
required statutory calculations with FHA loan applications.
FHA Loan Underwriting and Transmittal Summary
.
screen and
Loan Application
Scored by TOTAL
check box is selected by default. Select the risk classification
A/A
Select
to indicate that FHA will insure the loan with reduced documentation.
Mortgage Insurance Premium/
.
field.
FHA Case Number
CHUMS ID
field.
FHA loans
which is used to provide
:
FHA Transmittal
Borrower
field.
177
Advertisement
Table of Contents
