314
Calyx Software
Integrated products and services
3
When all errors are corrected, save the file and return to
Step 1
in
Ordering initial
disclosures and closing documents
, on page 310, to resubmit the request.
Viewing loan data analysis
After the documents or disclosures are requested, an analysis of the loan is generated.
When the request is made, the loan data is reviewed and analyzed to verify compliance. If
any data is out of compliance, a warning message is issued that indicates the problem.
If the feature is configured for your office, the analysis is done automatically and is
displayed after you close the view documents dialog box.
To view the loan analysis, select
Services > Initial Disclosures
>
View Analysis
or
Services > Closing Documents
>
View Analysis
.
The
View Analysis Report
window is displayed.
Credit reports
The process for ordering credit reports includes some exceptions to the normal process
for ordering services.
The following exceptions apply when ordering credit reports:
•
Some credit reporting agencies require that a user
authentication certificate
be
installed on the computer where the request is being made before a request for
credit is processed.
•
You can pay for the credit request by credit card when the provider offers it as a
payment option.
•
You can populate the
Loan Application
with the borrower liabilities.
•
You must submit separate credit report requests for each set of co-borrowers on
the loan. Select the borrower or co-borrower from the
Bor/Co-Bor
menu to
access the co-borrower loan file.
•
If the information that is received from the credit report is recognized by Point, the
minimum and maximum credit scores are populated into the applicable fields on
the Credit Score Disclosure.
Related information
Refer to
Electronic document storage
, on page 202, for more
information about the
Vendor Specific Data
screen.
Tip
In addition to using the
Services
menu, you can also request credit from
page 3 of the
Loan Application
.
Attention
Point does not see or process the credit information. If you receive an
error, contact the agency to verify receipt of your request.
