Calyx Point 7 - Recording Loans

264 Calyx Software
Banker functions
8 Complete the Dates section.
a Enter the date when the lender, closing agent, borrower and seller, and their
agents have agreed that the loan should be funded in the
FundingScheduledDate
field.
b Enter the date that the funding actually occurred in the
FundingActualDate field.
c Enter the date that the lender requested that the warehouse lender advance the
funds in the
AdvanceScheduledDate field.
d Enter the date when the warehouse advance is deposited in the recipient’s bank
account by the warehouse lender in the
AdvanceActualDate field.
e Enter the date when the lender is scheduled to repay the warehouse advance to
the warehouse lender in the
RepaymentScheduledDate field.
f Enter the date when the lender actually repaid the warehouse advance to the
warehouse lender in the
RepaymentActualDate field.
g Enter the date when the lender sent the collateral package to the warehouse
lender in the
CollateralPkgSent field.
h Enter the date of the note that the borrower will sign in the
NoteDate field.
i Enter the date when the first payment is scheduled in the
FirstPaymentDate field.
j Enter the date when the loan is to reach maturity in the
MaturityDate field.
Recording loans
Use the Recording screen to document the loan information that was used to record the
transaction with the county.
To use the
Recording screen:
1 Open a borrower file.
Related information
• Refer to Chapter 14, Templates, for information about creating loan
templates.
• Refer to Chapter 19, Contact management (Cardex), for information
about using the Cardex database.