Disclosure Tab

Use the purple buttons with eye icons to view the Fee Worksheet Summary, Loan Estimate, Closing Disclosure, Cushion Details, Compliance Testing Details and Amortization Schedule.

• Fee Worksheet Summary. Click this button to view a PDF version of the itemized fee worksheet, which can be saved or printed as needed.

• Loan Estimate. Click this button to view a PDF version of the loan estimate, which can be saved or printed as needed.

• Closing Disclosure. Click this button to view a PDF version of the closing disclosure, which can be saved or printed as needed.

• Cushion Details. Click this button to view the cushion calculation schedule window, which can be saved or printed as needed.

• Compliance Testing Details. Click this button to view compliance details, which can be saved or printed as needed. 

• Amortization Schedule. Click this button to view the amortization schedule window, which can be saved or printed as needed. 

The Cost Details tab displays origination charges, service costs, amounts for taxes and other government fees, prepaid amounts, and the total closing costs for the loan. This section corresponds to sections A to J on the loan estimate.

Click the (Edit) icon to modify amounts on this tab. For each section, you can add an additional cost or fee amount by selecting an item from the drop-down field and clicking the  (Add) icon. You can delete a fee by clicking the corresponding  (Delete) icon.

In addition, you can indicate which amounts should be calculated into the APR by enabling or disabling the APR switch button. A switch that is blue and to the right indicates the corresponding amount will be used when calculating the APR. A switch that is white and to the left indicates the corresponding amount will not be used when calculating the APR.

The entry in the To column indicates who is responsible for paying the fee or to whom the fee is being paid.

Click the Save Changes button at the top of the screen to save your changes. 

The Payoffs and Payments tab displays a summary of payoffs and payments for refinance transactions to other parties on the loan, such as the amount that was paid to a lending bank.

The Calculating Cash to Close tab displays a summary of the cash to close calculations between the loan estimate and the final amount actually paid.

The Did this change? column displays a clear indication of whether an amount changed between the estimate and the final amount, allowing you to quickly determine which amounts changed and which did not.

The Summaries of Transactions tab displays a summary of the borrower's transactions and a summary of the seller's transactions. For example, amounts for the loan amount and total due from the borrower at closing are included in the borrower's transactions, while the total due to and from the seller at closing are included in the seller's transactions.

Note: This tab displays for purchase case loans only.

Click the (Edit) icon to modify amounts in this section. Additional adjustment items that must be paid by the seller in advance of closing or that are unpaid by the seller can be added by selecting an item from the drop down in section M or N and clicking the (Add) icon. You can delete an added item by clicking the corresponding (Delete) icon.

Click the Save button at the top of the window to save your changes.

The Service Providers tab displays contact information for service providers associated with the loan.

Service Providers Tab Actions

• Click the provider's phone number to call the number using your default voice program.