FAQ's
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      1. LendingPad
      2. FAQ's

      How to enter EMD, Seller Concessions/Credits, Lender Credits, Realtor Credits, Etc.

      step-by-step guide on how to add credits.

       

      • IT IS IMPORTANT TO NOT ADD TO LINE K BUT BELOW LINE K.
      • Cash deposit on sales contract = EMD
      • If you do not see your choice on the list choose Other 
      • Forgivable grants not being recorded with the county that do not affect LTV can be entered as Other. 

       

      • Navigate to the Overview > Details of the transaction
      • Locate the Add Purchase Credit drop-down menu towards the bottom of the section
      • Within the drop-down make your selected choice and enter a dollar figure.