System Overview
      Back to home
      1. KNOWLEDGE BASE
      2. System Overview

      List of System Checks, Logic & Hard Stops

      Below you will find a list of LendingPad system checks, logic and hard stops that will prevent you from completing loan functions and processes.

      Creating a Lead

      • Name, either telephone or email

      • A campaign must be provided

      Pulling a credit report

      • LO must be assigned

      • LO must have subject property state’s license

      • Company must carry subject state’s license (if licensing module is turned on)

      • Branch must carry subject state’s license (if licensing module is turned on)

      • Applicant Type must be "Borrower"

      Running a document disclosure action

      • Plan code must exist with the programs

      • Estimated closing date

      • LO must be assigned

      • Borrower must have SSN and email address  ( a separate email address is required for all borrowers on the transaction)

      Interact with Forms (Print Forms under Action tab)

      • LO must be assigned

      Wholesale Registration

      • User must have permission to register a loan

      • SSN and email must be assigned

      • Broker’s LO and LP must be assigned

      Lock vs UW Reconciliation

      • Lock data must not be blank

      NMLS call report

      • To accurately report state data, subject property address must have state info. Use “Search” address bar on top line whenever possible. Make sure you clear saved addresses from browsers first.

      • System currently does not exclude investment properties

      • System currently does not report pre-qualify and pre-approval loans

      • Must have Application Taken, Closed and Funded dates 
      • Must have compensation entered