Calyx Point 7, User Manual, Page: 277 / 537

Point User Guide 259
Funding loans
2
Select Banker > Funding .
The
Loan Amt
,
Interest Rate
,
Term
,
P & I
,
Loan Purpose
,
Loan Type
, and
Occupancy
fields are populated from other screens when that information is previously entered.
3
If not prepopulated, complete the
Investor
,
Hazard Ins Coverage
, and
Lender Funder
Name
fields.
To override the automatically generated value in the
MERS #
field, select the check
box and enter the MERS # manually.
4
Complete the Loan Sale section.
a
If not prepopulated, enter the
Loan Sale Price
.
b
Enter the amount of money to be collected from the borrower in the
Deposit/
Earnest Money
field.
c
Enter the dollar amount of cash that the borrower is to pay or will receive when the
loan closes in the
Cash at Settlement to/from Borrower
field.
Enter an amount that the borrower must pay as a negative value.