Point User Guide
109
Entering assets and liabilities
To complete the
Liabilities
section:
1
Open page 3 of the
Loan Application
and go to the
Liabilities
section.
Use the following three methods to enter liabilities:
•
Manually enter them into the
Loan Application
.
•
Import the liabilities that are recorded in the
Verification of Mortgage/Rent
or
Verification of Loan
.
•
Use the credit company interfaces by clicking the
Request Credit
,
View Credit
,
and
Populate Liab
buttons.
Caution
Entering liabilities by importing them from the verification screens or by
populating them from the credit report replaces all existing information
in the liabilities section.
To prevent loss of data, use only one of these methods and enter
additional liabilities manually after the import process is complete.