Loan Action Completion

Loan Action Completion

View the "Creating and Using Business Rules" Quick Reference Guide

Use the Loan Action Completion business rules setting to define the documents, tasks, fields and milestones that must be met on the Encompass TPO Connect website for loan actions to be completed.

You need to create the TPO document containers and TPO tasks in the eFolder before creating a Loan Action Completion Rule. For more information, see Documents and Tasks.

To Create a Loan Action Completion Rule: 

  1. On the left panel, click Business Rules, and then click Loan Action Completion.

  2. On the Loan Action Completion tool, click the New icon.

  3. In the Create a Rule Name field, type the name of the rule.

  4. In the Select all Channels this rule applies to section, select the checkboxes corresponding to the channels for which the rule will be applied.

  5. In the Select a condition for this rule section:

    • If you want to apply additional conditions to the rule, select Yes and then from the Advanced Conditions dropdown list, select TPO Actions.

    • Select All of if the rule applies only when all the selections are met.

    • Or, select Any of if the criteria selected in section 4 need to be applied when the conditions in this section are met.

      Selections in this section are optional.

  6. Select one or more of the checkboxes corresponding to the TPO loan actions to which you want to apply the business rule.

  7. In the Select required documents, tasks, fields... section:

  8. Select a tab, and then click the Add button.

  9. Select one or more items in the displayed list, and then click the Add button.

    If you add conditions to the rule and select specific loan actions in the Is there a condition for this rule section and then add documents to the Required Docs tab, a document container will display at the bottom of the applicable page (i.e., the loan action page) in your Encompass TPO Connect site. Documents that you indicate as required in the business rule must be uploaded before the loan action can be completed by the TPO. (The Submit button on the loan action page will be disabled until the required documents are uploaded.)

  10. In the Notes/Comments field, type details and helpful notes about the rule as needed.

  11. In the Loan Action Completion window, click Save.