Rates
The most recent rate sheet is used to confirm the interest rate for this type of loan.
HELOC
This screen is used to collect information on the time, location, and type of closing.
Equity Pre-Closing Checklist
A recording fee calculation is completed on this site.
ServiceLink
After reviewing the signed closing package, Closers must record the Approval to Fund here.
NotePad
Funding is to be completed at the beginning of the day, on this date.
Funding/Disbursement Date
The length of time that a member has owned their home is knows as:
Seasoning
Closings are scheduled using this application in Empower.
Exchange Closing & Escrow
To obtain the page count for fee calculation, the DOT/Mortgage is typically the only document selected for this type of loan.
FEL
Incorrect or missing documents from the signed closing package will result in either a partial or full one of these.
Rejection
This loan requires the Funder to notate the amount of available funds on the member's UAD screen.
HELOC
FEL
This is the name of the procedure used to schedule a notary.
Schedule Notary in Exchange
Where do Closers confirm Title Fees?
Equity State Specifics
Name one type of recordable document required for each type of loan.
Deed of Trust, Option to Convert Rider, Trust Rider, Escrow Rider, Note, HEL Truth in Lending, TIL Addendum, Errors and Omissions, Right to Cancel, Affidavits
When disbursing funds on a FEL, this form must be completed in JetPack.
FEL Funding Form
All second home properties and loan amounts less than $25,000 require and interest rate increase of this percentage.
1%
When completing the Document Signing Information, the time zone should reflect the location of this person.
Closer
Okay to Proceed NotePad
After the Closing Package has been reviewed and the Approval to Fund has been recorded into NotePad, the Closer will transition the loan here.
Funding
Prior to disbursing funds on a FEL, Funders will verify the deposit account number on this screen.
Equity Pre-Closing Checklist
Rates are calculated using the Prime Rate, FICO score, and this.
HLTV
Upon receipt of the Notary Confirmation, the Closer should copy and paste this information here.
Equity SMART Workflow
All Equity loan fees are lender-paid, except for this on a FEL.
Per Diem
Additional documents required in the Closing Package will be notated by the Title Reviewer here.
MOST
(MOST_EQ_PAYOFFS)