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.
