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Electronic loan files
Point includes a group of screens in the eLoanFile menu that compile loan information for
electronic submission to vendors. Information that was entered into other screens
automatically populates the corresponding field in the eLoanFile. All other information
must be entered manually. These screens are accessible from the eLoanFile menu.
In addition to the eLoanFile screens, Point contains a document repository, which is
accessible from the Document Storage option on the eLoanFile menu. Use the document
repository to electronically manage your loan documents, including documents that were
generated outside of Point such as bank statements, pay stubs, and identification
documents..
eLoanFile
The following screens are used with eLoanFile transactions:
Borrower (or Prospect)
The Borrower and Prospect screens contain borrower-specific information from
various Point screens such as the
Borrower Information and Credit Score
Disclosure
screens.
Property
The Property screen is used to document specific information about the property
being purchased, such as property type, appraisal information, flood hazard
determination, and property record information.
Loan Product
The Loan Product screen is used to document specific information about the
loan, such as riders, prepayment information, and ARM information. It is also
possible to request and view disclosures from this screen.
Government (FHA/VA)
The Government (FHA/VA) screen is used to document information that is
required for FHA and VA loans.
Additional Loan Data
The Additional Loan Data screen is used to document miscellaneous loan
information, such as the transmittal summary and HMDA, underwriting, mortgage
insurance, Fannie Mae, and Freddie Mac information.
Vendor Specific Data
The Vendor Specific Data screen contains custom fields for information that is
required by the documents provider to process a request, but does not exist in
Point.
In this topic
• eLoanFile
• Electronic document storage
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