EasyManua.ls Logo

Calyx Point 7 - Entering Assets and Liabilities; Entering Assets

Default Icon
537 pages
Print Icon
To Next Page IconTo Next Page
To Next Page IconTo Next Page
To Previous Page IconTo Previous Page
To Previous Page IconTo Previous Page
Loading...
106 Calyx Software
Loan Application
Enter any additional amount in the Other field and click OK.
Entering assets and liabilities
The Assets and Liabilities section of the Loan Application documents a borrower’s
assets, debts, and real estate owned. It provides a collective view of a borrower’s financial
status for the loan processor to evaluate and determine the borrower’s loan qualifications.
Entering assets
To complete the Assets section:
1 Open page 3 of the
Loan Application.
2 Verify with the borrower and co-borrower whether the information in this section is
being provided jointly or not jointly and select the applicable check box.
Related information
For more information about creating tax and insurance dropdown
lists, refer to Creating dropdown lists, on page44.
For more information about the
Mortgage Insurance Premium/
Funding Fee
dialog box, refer to Calculating mortgage insurance,
on page170.

Table of Contents