128
Calyx Software
Disclosures and other forms
To insert a provider before the selected provider, click
Insert
and enter the provider
information. The new entry is inserted before the entry that was selected when
Insert
was clicked.
To delete a provider, use the arrow buttons to select the provider, and click
Delete
.
Initial ARM Disclosure statement
The
Initial ARM Disclosure
statement contains information about the terms of the
adjustable loan that the borrower is considering. This form explains to the borrower how
the interest rate is calculated and adjusted, how the payments are determined, and how
and when the payments can change over the life of the loan.
The following buttons, located at the bottom of the workspace, provide additional
functionality:
Calculate
Use the
Calculate
button to calculate the
Worst Case Scenario
fields at the
bottom of the form.
Monthly Sch
Use the
Monthly Sch
button to view the amortization schedule based on the data
in the
Truth-in-Lending
screen.
Truth-In-Lending
Use the
Truth-in-Lending
button to open the
Truth-in-Lending
screen.
Completing the Initial ARM Disclosure
To complete the
Initial ARM Disclosure
screen:
1
Open a prospect or borrower file.
Note
The
GFE Provider Relationship
form can contain a maximum of ten
providers.
Related information
See Chapter 19,
Contact management (Cardex),
for information about
populating fields by using the Cardex database.
Related information
For information about the
Truth-In-Lending
disclosure, refer to
Truth-
In-Lending Disclosure Statement
, on page 132.