The property tab holds information about the subject property.
Completing the Property tab
To complete all required fields on the Property tab, select Edit Property and provide the following information.
For a purchase or refinance:
Address
Property type
Occupancy type
Annual taxes
Annual insurance
Escrow taxes
Escrow insurance
Title method
For a pre-approval:
City, State
Property type
Occupancy type
All other information is optional.
Note: If you do not fill in insurance or annual property taxes, Sonar will automatically compute them, based upon a factor of 1.5% for property tax and .5% for homeowners insurance.