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Electronic loan files
Point includes a group of screens in the eLoanFile menu that compile loan information for
electronic submission to vendors. Information that was entered into other screens
automatically populates the corresponding field in the eLoanFile. All other information
must be entered manually. These screens are accessible from the eLoanFile menu.
In addition to the eLoanFile screens, Point contains a document repository, which is
accessible from the Document Storage option on the eLoanFile menu. Use the document
repository to electronically manage your loan documents, including documents that were
generated outside of Point such as bank statements, pay stubs, and identification
documents..
eLoanFile
The following screens are used with eLoanFile transactions:
Borrower
Property
Loan Product
Government (FHA/VA)
Additional Loan Data
Vendor Specific Data
• eLoanFile
• Electronic document storage
Prospect)
(or
The
Borrower
and
Prospect
various Point screens such as the
Disclosure
screens.
The
Property
screen is used to document specific information about the property
being purchased, such as property type, appraisal information, flood hazard
determination, and property record information.
The
Loan Product
screen is used to document specific information about the
loan, such as riders, prepayment information, and ARM information. It is also
possible to request and view disclosures from this screen.
The
Government (FHA/VA)
required for FHA and VA loans.
The
Additional Loan Data
information, such as the transmittal summary and HMDA, underwriting, mortgage
insurance, Fannie Mae, and Freddie Mac information.
The
Vendor Specific Data
required by the documents provider to process a request, but does not exist in
Point.
In this topic
screens contain borrower-specific information from
Borrower Information
screen is used to document information that is
screen is used to document miscellaneous loan
screen contains custom fields for information that is
9
and
Credit Score
201
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