My Loans
Use the My Loans tab to view your existing loans; create, import, and delete loans; and request rate locks for your loans. Loans are assigned one of the statuses below:
- Prospect - Information is entered, but no qualified program is selected
- Qualified - A qualified program is available
- Submitted - A qualified program and rate are selected and the loan is ready for underwriting
- Workout - The loan did not qualify but was submitted to the workout desk
- Lock Requested -A rate lock has been requested
- Locked - The rate has been locked
- Rate Alert Set - A rate alert has been set and the loan is being monitored
- Alert Triggered - A rate alert has been triggered based on the alert criteria
Open a loan
- Click an entry in the Borrower column
- If the loan has a status of Prospect or Qualified, the General tab from the Create a new loan will open.
- If the loan has any other status, the Loan Cover sheet will open to display loan and pricing information.
Create a new Loan
- Click Create new loan.
- Complete the loan and borrower information on the General, Borrower, Finances, and Property tabs.
- You must provide the required information on each tab before moving to the next tab.
- When you complete the Property tab, click Next or Qualify.
Import a Fannie Mae 3.2 or Calyx borrower loan file
- Click Import Loan.
- When the Import a Loan File window opens, click Browse.
- Navigate to the loan file, click Open, and then click Submit.
- The loan will open on the General tab.
Search for a loan
- To search for a loan based on the Borrower name, enter a full or partial search term in the field and then click Search to view loans with a Borrower name that matches or contains the search term.
- When the list of users displays, click the user name, or click edit in the Action column.
Delete a loan
- The deleteoption is available for loans with a status of the Prospect or Qualified.
Submit or update a lock request
- In the Action column, click request lock or update.
- The request lock option is available for loans with a status or Submitted or Workout.
- The update option is available for loans with the status of Locked or Lock Requested.
- On the Lock Request window, click the link to view the original submission.
- Select an option from the New Status list.
Select the no charge option to enter a comment without changing the status of the loan.
- Enter comments if needed.
- By default, the Send notification email checkbox is selected, and an email will be sent to the lock desk. Clear the checkbox to disable the email notification.
- When finished, click Submit.
View or update a rate alert
- For a loan with a status of Rate Alert Set or Alert Triggered, click the Alarm Clock icon in the Action column to view or edit the rate alert.