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Calyx Software Knowledgebase


1135 Entering Dropdown Lists


Administrator
Utilities and Setup

You can enter values into Point that default dropdown lists, such as, Originator name, Processor name, etc.. Mosts of these settings are specific to all files in one data folder and should be entered into all data folders if you have created multiple folders to store your Point files. You can enter company default settings by:

  1. Opening Point.
  2. From the left navigation panel, select the data folder from the data folders dropdown list, to which you are adding the dropdown lists.
  3. From the Menu bar, select Utilities > Dropdown lists.
  4. Select any of the following:




Originator: Click Add and enter the loan originator's name, e-mail, state license, and NMLS number, if applicable. The name appears in the Originator dropdown list when accessing the Borrower Information screen.




Processor: Click Add and enter the loan processors name. The name appears in the Processor dropdown list when accessing the Borrower Information screen.




Underwriter: Click Add and enter the underwriters name to the dropdown list. The name appears in the Underwriter dropdown list when accessing Track > Branch/Team from the Menu bar.




Doc Prep: Click Add and enter the contact information for the doc preparer. The name appears in the Doc Prep dropdown list when accessing Track > Branch/Team or Banker > Fees & Impounds from the menu bar.



Closer/Funder: Click Add and enter the Closer/Funder's contact information. The name appears in the Closer/Funder dropdown list when accessing Track > Branch/Team or Banker > Closing from the menu bar.




Shipper: Click Add and enter the shipper's contact information. The name appears in the Shipper dropdown list when accessing Track > Branch/Team or Banker > Shipping from the menu bar.



Adjustment Type: Click Add and enter an adjustment type description (used for banking). The description appears in the Rate Sheet and Pricing dropdown lists when accessing Track > Registration & Rate Lock or Banker > Secondary Marketing from the menu bar.




Manner: Click Add and enter the manner in which title can be held. It appears in the Manner... dropdown list when accessing Page 1 of the Loan Application.




Title: Click Add and enter the title of the originator, processor, and underwriter. The title appears in the Title dropdown list when accessing Track > Branch/Team from from the Menu bar.



Branch: Click Add and enter the company branch where a loan can originate from. The branch appears in the Branch dropdown list when accessing Track > Branch/Team from the Menu bar.



Region: Click Add and enter the region where a loan can originate from. The region appears in the Region dropdown list when accessing Track > Branch/Team from the Menu bar.




Division: Click Add and enter the company division where the loan can originate from. The division appears in the Division dropdown list when accessing Track > Branch/Team from the Menu bar.




Team: Click Add and enter the team which can originate a loan. The team name appears in the Team dropdown list when accessing Track > Branch/Team from the Menu bar.




Doc Type: Click Add and enter the types of documentation for a loan. The type of documentation appears in the Doc Type dropdown list when accessing Banker > Underwriting from the Menu bar.



Taxes: Click Add and enter the default property tax calculations. They can be selected by clicking the Taxes button in the Monthly Housing Expenses section on Page 2 of the Loan Application.





Hazard Insurance: Click Add and enter the default hazard insurance calculations. They can be selected by clicking the Haz Ins button in the Monthly Housing Expenses section on Page 2 of the Loan Application.



Mtg Insurance - Initial: Click Add and enter the default calculation for the Mortgage Insurance Premium (MIP) for FHA/VA loans. It can be selected from the Mtg Insurance button at the bottom of the Borrower Information screen.



Mtg Insurance - Renewal: Click Add and enter the default calculation for monthly mortgage insurance for conventional loans. It can be selected by clicking the MtgIns button in the Monthly Housing Expenses section on Page 2 of the Loan Application.



City Tax: Click Add and enter a Description, check the box to be calculated based on Loan amount or Purchase price, and enter the Rate. It can be selected by clicking the Cty/Cnty Tax/Stmp button from line 8 of the Fees Worksheet.




State Tax: Click Add and enter a Description check the box to be calculated based on Loan amount or Purchase price, and enter the Rate. It can be selected by clicking the State Tax/Stamps button from line 8 of the Fees Worksheet.




User Defined Fee: Click Add and enter a Description check the box to be calculated based on Loan amount or Purchase price, and enter the Rate. It can be selected by clicking the User Defined Fee buttons from the 1200 series section on the Good Faith Estimate.




Cardex Category: Click Add and enter a category name for the Cardex Database. Categories can be selected from the Cardex Database when adding or searching Cardex records.




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Details
Last Modified: 10 Months Ago
Last Modified By: cswms
Type: Point
Rated 1 star based on 11 votes.
Article has been viewed 5.5K times.
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