Creating Your Loan

Video Tutorial

Step By Step Tutorial

From the main navigation, click Add New Loan. 

Click each pencil to assign TPO Loan Officer and TPO Loan Processor.

IMPORTANT: If you are using the disclosure generator, the TPO Loan Officer that will be disclosed is listed on the Loan Originator Information on the URLA and not the assigned Loan Officer. 

Select the appropriate branch and TPO Loan Officer or TPO Processor. 

Once assigned, click Next to save and continue. 

Next, you will choose whether to manually create your loan or import an existing MISMO 3.4 file.

If importing, you can Drag and Drop or click Local Drive for the MISMO file.

Click Go to Register Loan Form to review the loan creation summary.

You can review your loan creation data and click Save to confirm.

Add the appropriate Estimated Closing Date and click Save. 

Next, you will click Save to create the loan. 

Your loan will open to the URLA application information. 

Reviewing your URLA

Once your loan is created, review and complete your 1003 on the URLA tab. 

To edit the borrower pair on the existing 1003, you can click the pencil icon next to borrower pair.

To add an additional 1003, you can click the pencil icon to add borrower pair.

On Lender Loan Information, you can review your property information as well as the Homeownership Education and Housing Counseling questions. 

On Information for Government Monitoring, review and complete all declarations, demographic, military service, language preference, and loan originator licensing information. 

IMPORTANT: The 1003 Application Date must be within 3 days when requesting lender generated disclosures.

Importing Additional Information

If your MISMO 3.4 file is incorrect or outdated, you can import an updated file by clicking Import Additional Data from Loan Actions.

IMPORTANT: You can only import prior to lock request, disclosure request, and submission request.

Select which fields you would like to import 

• Import all fields imports all of the available data within the MISMO 3.4 file into the loan. This option will erase all of the pre-existing data in the loan file that is not listed within the MISMO 3.4 file and imports all the fields including blank fields. 
• Import only non-blank fields imports all of the available data within the MISMO 3.4 file into the loan. This option will retain all the pre-existing data in the loan file that is not listed within the MISMO 3.4 file and imports only the non-blank fields.

Select what existing information you would like to retain.

• Delete existing lists before importing erases all pre-existing data listed within Employer History, Assets, and Liability lists before importing new data from the MISMO 3.4 file. 
• Add to existing lists imports all the assets and liability data within the imported MISMO 3.4, appending it to the loan's pre-existing data. 

You can Drag and Drop or Click to Browse the new MISMO file and click Import to review the loan creation summary.

What's Next

To learn more about pricing and registering your loan, please read Step 2: Registering Your Loan.