Calyx Point 7 User Manual page 280

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Banker functions
The warehouse lender is the funding source of the loan.
a
b
c
d
e
f
g
Complete the
6
a
b
The
Information
The
value in this field is calculated in and retrieved from the
262
To avoid repetitive data entry, create a Point template or use the Cardex
database to populate these fields.
Enter the name and address of the financial institution that is the funding source of
the loan.
Enter the number that was assigned by the warehouse lender that identifies the
advance amount in the
Warehouse Lender Loan No
Enter the unique 9-digit warehouse lender routing number that was assigned by
the American Banker's Association in the
Enter the name of the financial services entity that receives the warehouse
advance from the warehouse lender in the
Enter the lender's account number where the warehouse advance will be
deposited when the warehouse lender wires the funds in the
Enter the name of the individual who should be notified when the funds from the
warehouse lender are deposited in the bank account in the
field.
Enter the name of the person who is authorized to sign on the lender account in
the
Authorized Signer Name
Advance
section.
Enter the fee and interest rate that the warehouse lender charges the lender for
each warehouse line advance in the
fields.
Enter the dollar amount of the warehouse advance sent by the warehouse lender
to the borrower's bank account through the Federal Reserve wire system in the
field.
Wire Amt 
and
Loan Interest Rate 
 Loan Amount
screen.
field is the amount of the discounts that are applied to the loan. The
Discounts
Tip
field.
field.
ABA No
To Credit Name
.
and
Advance Fee
fields are populated from the
Good Faith Estimate.
field.
field.
Account No 
To the Attention of
Advance Interest Rate
Borrower
Calyx Software

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