Calyx Point 7 - Borrowers Signature Authorization; Cash Flow Analysis (1084);Self-Employed Income Analysis; Flood Certification Work Order

Point User Guide 155
Forms
14 If this is an FHA loan for a purchase, click the Max Loan button to populate the field
with the maximum loan amount that is allowed for the property.
15 Complete the
Subject Property section.
16 Complete the
Present Address section.
If the loan is a refinance for the borrower’s current residence, click the Copy From
Subject Property button to automatically populate the
Present Address fields.
Borrower’s Signature Authorization
The Borrower’s Signature Authorization form, when signed, authorizes the mortgage
provider to obtain information about the borrowers or co-borrowers without their original
signatures.
The applicant’s name, social security number, and property information are automatically
populated from other forms in the loan file and will print on this disclosure. It is available to
print only from a borrower file.
Cash Flow Analysis (1084)/Self-Employed Income Analysis
These forms apply to self-employed borrowers. They use the Schedule Analysis Method
and AGI (Adjusted Gross Income) to calculate the monthly income for self-employed
borrowers that is acceptable to underwriters.
Point performs all necessary calculations and totals the columns.
Flood Certification Work Order
Related information
• For information about how to customize dropdown lists, refer to
Creating dropdown lists, on page44.
• For information about how to create a new loan file, refer to Loan
file creation, on page67.
• Refer to Entering income and housing expenses, on page104, for
detailed information about entering income, housing expenses, and
other obligations.
• For information about up-front premiums and fees, refer to
Calculating mortgage insurance, on page170.
• See Chapter 14, Templates, for more information about building loan
program and closing cost scenario templates.
Prerequisite
Because most of the information on this screen is populated from other
screens, you must complete the
Borrower Information and Loan
Application
screens before completing the Flood Certification Work
Order
.