Printing Loan Comparisons; Creating A Sample Comparison Of Fha Vs. Conventional Loan - Calyx Point 7 User Manual

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Printing loan comparisons

To print loan comparisons, click the Print icon while in the
select File > Print).
In the
1
Income
Click Print.
2
Specify any print criteria in the
3
The selected form is printed. In addition to listing the purchase price, down payment,
and interest rate, it includes important information for the borrower such as the
minimum income required, estimated closing costs, and maximum debt that is allowed
to purchase the property.

Creating a sample comparison of FHA vs. conventional loan

Use the
for sample FHA and conventional loans for borrower comparison.
A sample scenario is included in Point. However, you can modify the values to more
accurately reflect the market conditions in your geographic location.
This comparison is included on the
is printed.
To complete the
Select Utilities > Company Defaults > FHA Consumer Choice Dis.
1
418
Borrower Forms dialog box, select either
Loan Comparison: Months to Compare
or
Before you can print the
specify the number of months to compare the loans. To specify the
number of months to compare, click the Compare button in the
Comparison
screen and enter the number of months in the
Compare
dialog box.
FHA Consumer Choice Disclosure Notice
FHA Consumer Choice Disclosure
Loan Comparison
Loan Comparison: APR, Qual
.
Requirement
Months to Compare
form, you must first
Print dialog box, and click OK.
dialog box to specify default values
FHA Consumer Choice Disclosure Notice
:
screen (or
Loan
Months to
when it
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