Encompass Workflow - Initial FHA underwrite
Kristen Snethen
111 steps
110 minutes
Encompass
Notepad.exe
1
Double-click here
2
Click "Tammy Lucas"
3
Click "Tammy Lucas"
4
Click here
5
Double-click here
6
Click "Close"
7
Double-click here, open and review all documents as normal
8
Click here
9
Click here
10
Click "1003 URLA - Lender" Once all documents have been reviewed
11
Click "Clear value"
12
Click here
13
Click "The description must have the word "tax" to be included in the Total Tax."
14
Click "OK"
15
Click "233: The proposed/estimated monthly homeowner's association dues."
16
Click here
17
Click "4795"
18
Click here
19
Click "L128: The amount of deposit or earnest money paid by the borrower when the offer was accepted."
20
Click here
21
Click "1003 URLA Part 1"
22
Click "1003 URLA Part 2"
23
Click "FE0119: The borrower's current monthly base pay."
24
Click here
25
Click "Base Income For"
26
Click "Base Income"
27
Click "OK"
28
Click here
29
Click here
30
Click here
31
Click here
32
Click here
33
Click here
34
Click "URLAROIS0122"
35
Click here
36
Click "1003 URLA Part 3"
37
Click "DD0148: The cash or market value of the account."
38
Click here
39
Click "URLAROA0103: The cash or market value of the asset."
40
Click "URLAROA0203: The cash or market value of the asset."
41
Click here
42
Click "Show all VOL"
43
Click "Quick Entry - VOL"
44
Click here
45
Click here
46
Click here
47
Click here
48
Click here
49
Click "Close"
50
Click "1003 URLA Part 4"
51
Click here
52
Click "Conditions"
53
Click here
54
Click "Condition Set"
55
Click "Conditions List"
56
Click "OK"
57
Click here
58
Press [[Tab]]
59
Click here
60
Click "Add"
61
Click "Source"
62
Press [[Ctrl]] + [[A]]
63
Click "Services"
64
Click "Underwriting"
65
Click "Submit"
66
Click "Submit to DU on ePASS"
67
Click "Submit"
68
Click "View Findings"
69
Click "Loan"
70
Click here
71
Click here
72
Click "Documents"
73
Click here
74
Click "OK"
75
Click here
76
Press [[Tab]]
77
Click here
78
Click "Add"
79
Click "Source"
80
add to default condition or update as needed, make sure to complete internal and external boxes
81
Click "Close"
82
Click here
83
Click "OK"
84
Click here
85
Press [[Tab]]
86
Click here
87
Click "Add"
88
Click "Close"
89
Click "Tools"
90
Click "Underwriter Summary"
91
Click "2984: The name of the underwriter who recommended approval of the loan."
92
Press [[Tab]]
93
Press [[Tab]]
94
Click here
95
Click "Forms"
96
Click here
97
Click here
98
Click here
99
Click "Loan Processor"
100
Click here
101
Click "OK"
102
Click here
103
Click "Exterior / Interior"
104
Click here
105
Click "Finished"
106
Click "Finished"
107
Click here
108
Click "Close"
109
Click "Borrowers"
110
Click "Yes"
111
Click "Close"
Encompass Workflow - Initial FHA underwrite
Kristen Snethen
111 steps
110 minutes
Encompass
Notepad.exe
1
Double-click here
2
Click "Tammy Lucas"
3
Click "Tammy Lucas"
4
Click here
5
Double-click here
6
Click "Close"
7
Double-click here, open and review all documents as normal
8
Click here
9
Click here
10
Click "1003 URLA - Lender" Once all documents have been reviewed
11
Click "Clear value"
12
Click here
13
Click "The description must have the word "tax" to be included in the Total Tax."
14
Click "OK"
15
Click "233: The proposed/estimated monthly homeowner's association dues."
16
Click here
17
Click "4795"
18
Click here
19
Click "L128: The amount of deposit or earnest money paid by the borrower when the offer was accepted."
20
Click here
21
Click "1003 URLA Part 1"
22
Click "1003 URLA Part 2"
23
Click "FE0119: The borrower's current monthly base pay."
24
Click here
25
Click "Base Income For"
26
Click "Base Income"
27
Click "OK"
28
Click here
29
Click here
30
Click here
31
Click here
32
Click here
33
Click here
34
Click "URLAROIS0122"
35
Click here
36
Click "1003 URLA Part 3"
37
Click "DD0148: The cash or market value of the account."
38
Click here
39
Click "URLAROA0103: The cash or market value of the asset."
40
Click "URLAROA0203: The cash or market value of the asset."
41
Click here
42
Click "Show all VOL"
43
Click "Quick Entry - VOL"
44
Click here
45
Click here
46
Click here
47
Click here
48
Click here
49
Click "Close"
50
Click "1003 URLA Part 4"
51
Click here
52
Click "Conditions"
53
Click here
54
Click "Condition Set"
55
Click "Conditions List"
56
Click "OK"
57
Click here
58
Press [[Tab]]
59
Click here
60
Click "Add"
61
Click "Source"
62
Press [[Ctrl]] + [[A]]
63
Click "Services"
64
Click "Underwriting"
65
Click "Submit"
66
Click "Submit to DU on ePASS"
67
Click "Submit"
68
Click "View Findings"
69
Click "Loan"
70
Click here
71
Click here
72
Click "Documents"
73
Click here
74
Click "OK"
75
Click here
76
Press [[Tab]]
77
Click here
78
Click "Add"
79
Click "Source"
80
add to default condition or update as needed, make sure to complete internal and external boxes
81
Click "Close"
82
Click here
83
Click "OK"
84
Click here
85
Press [[Tab]]
86
Click here
87
Click "Add"
88
Click "Close"
89
Click "Tools"
90
Click "Underwriter Summary"
91
Click "2984: The name of the underwriter who recommended approval of the loan."
92
Press [[Tab]]
93
Press [[Tab]]
94
Click here
95
Click "Forms"
96
Click here
97
Click here
98
Click here
99
Click "Loan Processor"
100
Click here
101
Click "OK"
102
Click here
103
Click "Exterior / Interior"
104
Click here
105
Click "Finished"
106
Click "Finished"
107
Click here
108
Click "Close"
109
Click "Borrowers"
110
Click "Yes"
111
Click "Close"
