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To copy only the
5
loan
In addition to the
loan when this option is selected:
•
•
•
•
Click Save to save the file in the default loan file directory.
6
To save the file in a different location, click the Browse Other Location button.
Navigate to the new directory and click Save.
Creating new co-borrower loan files
Co-borrower files are generally used for applicants who are not married to each other.
A maximum of five co-borrowers are allowed per loan. Co-borrower applications are
saved under the primary borrower file name with the
extension denotes the co-borrower number. For example, the extension for the first co-
borrower on a loan is
To create a co-borrower file:
Create or open a prospect or borrower file.
1
Select Bor/Co-Bor > Co-Borrower x.
2
Point User Guide
Loan Application
check box.
Loan Application
User-defined miscellaneous items
Due date calculations that are defined in the
Status and Checklist
screen
The loan representative who is identified in the
The processor who is identified in the
•
For information about how to specify the auto file naming
parameters and enable auto file naming, refer to
automatically, on page 63.
•
Refer to Chapter 10,
checklist, basic documents, and miscellaneous items.
.cb1
, the second co-borrower,
As a general rule, use Bor/Co-Bor when two or more people are buying
the same property.
Carry over 1003 data to start a new
, select the
, the following items are duplicated in the new
Miscellaneous Items
Borrower Information
Borrower Information
Related information
Naming files
Loan tracking,
for information about the loan
.cbx
extension. The "x" in the
.cb2
, and so on.
Tip
Loan file creation
section of the
screen
screen
73
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