Calyx Point 7 User Manual page 265

Complete the
7
a
b
Point User Guide
Automated Underwriting
Enter the type of Automated Underwriting System (for example, DO or LP), the
date the AUS was run, AUS decision, and any cost associated with the AUS run.
Up to four automated underwriting decisions are allowed. If the AUS decision
includes conditions, enter those conditions in the Banker > Conditions screen by
copying and pasting the information from the underwriting findings.
Conditions
Access the
clicking the Conditions button at the bottom of the workspace.
The AUS costs are totaled in the
After you, the underwriter, receive the file, review the
field is populated, the loan was locked and the investor field should contain the
investor's name. If you receive the file before the rate lock, enter the investor's
name when you receive it. You can then underwrite the loan to conform to that
investor's standards.
Enter the
Underwriting Fee
The underwriting fee is the actual cost to the banker of underwriting the loan.
section.
Tip
Underwriting
screen directly from the
field.
Total AUS
.
Tracking underwriting status
screen by
field. If the
Lock Exp Date
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