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FHA and VA loans
Point contains a number of forms and worksheets that are used to originate and process
FHA and VA loans.
FHA loans
FHA screens are accessible by selecting Forms > Federal Housing Administration
(FHA).
FHA purchase loan
The following screens must be completed to process an FHA loan:
• Borrower Information
• Loan Application
• Good Faith Estimate
• FHA Loan Underwriting and Transmittal Summary
Completing the Borrower and Prospect Information screens
Complete a Borrower or Prospect Information screen as you would for a
conventional loan with the following exceptions:
1 Select the
FHA check box in the Loan Type section.
2 Click Max Loan to generate the maximum loan amount that is allowed for an FHA
loan.
In this topic
• FHA loans
• VA loans
Requirement
The following fields must be completed for FHA to calculate the
maximum loan amount:
• Loan Type checked FHA
• Sales Price
• Subject property state
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