Update Lock Request Fields
Use the Update Lock Request Fields page to specify the data in the loan file that will be overwritten with ICE PPE data when a loan program is selected in ICE PPE. Refer to the following table to determine the fields in the loan file that will be overwritten with ICE PPE data based on the checkboxes you select here.
| ICE PPE Company Setting | Corresponding Encompass Fields |
| When this checkbox is selected… | …this field in the loan file is updated with ICE PPE data |
|
Adjustments to SRP |
Transfers the SRP adjustments from ICE PPE to Encompass |
| Amortization Type (Fixed, ARM) |
Amortization Type (field ID 608) Amortization Type (field ID 2953) For HELOC programs, the Amortization Type will always be "ARM" |
| ARM adj periods & caps |
1st Change (field ID 696) Life Cap (field ID 247) 1st Adj Cap (field ID 697) Adj Cap (field ID 695) Adj Period (field ID 694) |
| ARM Index Margin (including HELOC) |
Index (field ID 4513) ARM Index Type (field ID 4512) |
| Buy Side Profitability Details | Returns holdbacks and round down values into the profitability section of Secondary Registration |
| Community Affordable Second | Community Seconds (field ID MORNET.X29) |
| Condotel | Subject Property is a Condotel (field ID 4115) |
| Credit/FICO |
Borr Experian FICO (field ID 67) Borr TransUnion Empirica (field ID 1450) Borr Equifax BEACON (field ID 1414) Co - Borr Experian FICO (field ID 60) Co-Borr TransUnion Empirica (field ID 1452) Co-Borr Equifax BEACON (field ID 1415) |
| Documentation type (fixed, stated . . . ) | Loan Documentation Type Code (field ID MORNET.X67) |
| Escrow waiver flag | Escrow will be waived (field ID MORNET.X15) |
| FHA Case Number Date | FHA Case Number Date (field ID 3042) |
| HELOC Program Variables |
For the full list of fields and instructions on how to complete these fields for your HELOC products, refer to the HELOC Program Variables Reference Sheet. The HELOC Program Variables will be implemented at the discretion of the Investor and Custom Investor. |
| Investor (Secondary Lock Tool, Sell side) | Investor (field ID 2278) |
| Lender (Borrower Summary) | Lender (field ID 1264) |
| Lender Fee Waiver | Lender Fee Waiver (field ID 4459) |
| Lien position (1st, 2nd) |
Lien Position (field ID 420) Lien Position (field ID 2958) |
| Link to Guidelines for Secondary Buy Requests | Controls the display of formatted investor guidelines displayed in the guidelines link on the Qualify screen on Secondary Buy Requests |
| Link to Guidelines for Secondary Sell Requests | Controls the display of formatted investor guidelines displayed in the guidelines link on the Qualify screen on Secondary Sell Requests |
| Link to Guidelines for TPO | Controls the display of formatted investor guidelines displayed in the guidelines link on the Qualify screen on Encompass TPO Connect |
| Link to Guidelines on Quote Requests | Controls the display of formatted investor guidelines displayed in the guidelines link on the Qualify screen on Quote Requests |
| LO Comp to be returned with price adjustments |
LO Comp data is included in the Pricing Adjustment section of the Encompass Secondary Lock Tool |
| Loan amount (base) |
Loan Amount (field ID 1109) Loan Amount (field ID 3043) |
| Loan purpose |
Purpose of Loan (field ID 19) Purpose of Loan (field ID 2951) |
| Loan Type (Conventional, FHA, VA...) |
Loan Type (field ID 1172) Loan Type (field ID 2952) |
| Lock days (Borrower Summary) | # of Days (field ID 432) |
| Mortgage lates (30, 60, etc.) |
Underwriting Mrtg 30 Days (field ID 2558) Underwriting Mrtg 60 Days (field ID 2559) Underwriting Mrtg 90 Days (field ID 2560) Underwriting Mrtg 120 Days (field ID 2561) Underwriting Mrtg 150 Days (field ID 2562) |
| No Closing Cost | No Closing Cost (field ID 3892) |
| Non-Warrantable Condo | Subject Property is a Non-Warrantable Project (field ID 4116) |
| PITI reserves (unused?) | This field is not used. |
| Prepayment penalty term | Penalty Term (field ID 2964) |
| Price Table (adjusted) on Quote Requests | Includes the adjusted Pricing Table in the lock confirmation attached to the eFolder in Encompass for Quote Requests |
| Price Table (adjusted) on Secondary Buy Requests | Includes the adjusted Pricing Table in the lock confirmation attached to the eFolder in Encompass for Secondary Buy Requests |
| Price Table (adjusted) on Secondary Sell Requests | Includes the adjusted Pricing Table in the lock confirmation attached to the eFolder in Encompass for Secondary Sell Requests |
| Price Table (raw) on Quote Requests | Includes the raw Pricing Table in the lock confirmation attached to the eFolder in Encompass for Quote Requests |
| Price Table (raw) on Secondary Buy Requests | Includes the raw Pricing Table in the lock confirmation attached to the eFolder in Encompass for Secondary Buy Requests |
| Price Table (raw) on Secondary Sell Requests | Includes the raw Pricing Table in the lock confirmation attached to the eFolder in Encompass for Secondary Sell Requests |
| Program Code | Lock Plan Code (field ID 3041) |
| Program name, Borrower Summary |
Loan Program (field ID 1401) Loan Program (field ID 2866) |
| Program notes | Program Notes (field ID 2144) |
| Property value |
Appraised Value (field ID 356) Appraised Value (field ID 2949) |
| Qualifying Rate used to test DTI | Qual Rate (field ID 1014) |
| Rate Sheet ID | Rate Sheet ID (field ID 2088) |
| Subject property address |
Subject Prprty Street (field ID 11) Subject Prprty City (field ID 12 and 13) Subject Prprty State (field ID 14) Subject Prprty Zip (field ID 15) Lock Req Subject Prprty Addr (field ID 2942) Lock Req Subject Prprty City (field ID 2943 and 2944) Lock Req Subject Prprty State (field ID 2945) Lock Req Subject Prprty Zip (field ID 2946) |
| Subject property use | Property will be (field ID 2950) |
| Subject property type | Property Type (field ID 2947) |
| Summary Document on Quote Requests | Creates the Lock Confirmation Form in the eFolder in Encompass for Quote Requests |
| Summary Document on Secondary Buy Requests | Creates the Lock Confirmation Form in the eFolder in Encompass for Secondary Buy Requests |
| Summary Document on Secondary Sell Requests | Creates the Lock Confirmation Form in the eFolder in Encompass for Secondary Buy Requests |
| Term of Loan |
Due in (field ID 325) Due (in Months) (field ID 2960) |