Data Templates
View the "Loan Templates" Quick Reference Guide
Use the Data Templates tool to create templates of default loan data. Data templates are available to use as a component of a loan template set or can be applied individually from within a loan.
About public and personal data templates
To Create a Data Template:
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On the menu bar, click Encompass, and then click Settings.
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In the left panel, click Loan Templates, and then click Data Templates.
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On the Data Templates screen, select the Public or Personal folder in which to add the template.
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Click the New icon, type the name of the template, and then (with the new template selected) click the Edit icon.
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On the Data Template Details window, from the RESPA-TILA Form Version dropdown list, select the version of the forms that will be used for the loan when this template is applied.
Note: Using the RESPA-TILA Form Version option located at the top of the Forms menu, an authorized user can open a loan file and select an option to use the 2015, 2010, or pre-2010 version of the RESPA-TILA forms only for the loan file that is open. The forms used in other loan files are not affected. Note that the option to switch between versions of loan forms is no longer available after a loan has been disclosed to a borrower.
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Type a Description for the template.
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To add data, select an input form from the list on the left, and then enter required information on the form.
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Repeat step 7 to add data to additional forms.
Tip: After you enter information on each form, use the Description field to note the form and the type of information added. This makes it easier to identify the data you entered in the template if you need to update or review the data later.
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If the data in a template conflicts with a business rule, select the Template data will ignore business rules checkbox to ignore the conflicting business rule and apply the template data to the loan.
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If the checkbox is not selected, the business rule will take precedence over the template data.
Note: This feature is available only if it has been enabled by your system administrator (using the Settings Manager in the Admin Tools) and applies only to public templates.
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When finished, click Save.
Note: When creating a template, do not enter predefined mortgage insurance information on the MIP/PMI/Guarantee Fee Calculation tool. Values entered here could cause discrepancies in the APR values that display on different loan forms.