Completing And Submitting The Freddie Mac Loan Application - Calyx Point 7 User Manual

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Completing and submitting the Freddie Mac Loan Application

The Point
Information that was already entered in Point is automatically populated into the Freddie
Mac forms.
To complete and submit the Freddie Mac Loan Application:
Open a prospect or borrower file.
1
Select Interfaces > Freddie Mac > Loan App (Page #).
2
Verify the prepopulated information and complete fields with missing data throughout
3
the
Click the Loan Prospector button or select Interfaces > Freddie Mac > Loan
4
Prospector to open the Freddie Mac interface screen.
Click Send Loan to LP.
5
The
Select the type or types of service you are requesting. You can order any or all of the
6
following services:
Automated Underwriting Services (AUS)
Merged Credit
Mortgage Insurance
Enter your Loan Prospector user ID and password and click Submit.
7
If you are prompted, enter your authentication information.
Point User Guide
Loan Application
is the same as the Freddie Mac Loan Application (1003).
Before you can submit the loan to Freddie Mac, you must complete the
Freddie Mac Addendum.
Loan Application
.
Submit to LP
dialog box is displayed.
Computerized underwriting services that do not require processing by hand.
Credit results from Experian, TransUnion, and Equifax all in one submission.
Order PMI or check the order status.
Prerequisite
Interfaces
347

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