Sonar allows you to import loans into the System, if you decide you want to bring over your existing or current loans we've outlined the steps to do so below!
If you have any questions or need assistance in filling out the CSV we are here to help you - please do not hesitate to reach out to us and we would be more than happy to help you!
Bulk Import: Prepping your files to be imported
Importing Loans directly into Sonar
Navigate to this article for how to import your loans or leads directly into Sonar.
You are able to import your 3.4 mismo file into sonar.
Prepping to import active loans
If you are looking to do a bulk import (i.e. you want to move all of your files over
Once you are done with prepping your files, you can email [email protected] with the information (3.4 Files + CSV)
3.4 Mismo Files - you will need to download all of the files you want to be imported. Sonar does not accept the format of 3.2.
Fill out the "Import CSV" document.
The data asked for in this document is information not available in the 3.4 file and its used to ensure your loan appears as you expect when you log into Sonar.
Sonar needs either the Loan Number or File name to be filled in - all other fields are completely optional and should only be filled out if you want!
Example - If you have 10, 3.4 files you want to import, then the CSV should have 10 rows.
Download a copy of the "Company Name - Import Loan" CSV file.
Go to "Attachments" to download the CSV you need to fill out as well as an example of a completed form.
Recommendation - We recommend that the loans you import to start are your active pipeline.
After the loans are imported
Once the loans are imported into Sonar, they will be able to be viewed either from the Pipeline or be searched by the borrower's first/last name. I
Understanding the logic Sonar applies to infer the loan status when it is not provided.
Sonar will infer and apply a loan status to the imported loan based on the dates filled in the CSV. The table below outlines different scenarios
Application Date | TRID Date | Closing Date | Funded Date | Inferred Loan Status |
X | X | X | X | Closed |
X | X | X |
| Active |
X | X |
|
| Active |
| X |
|
| Active |
X |
| X | X | Closed |
|
|
| X | Closed |
|
| X |
| Active |
X |
| X |
| Active |
X |
|
| X | Active |
|
| X | X | Closed |
| X | X | X | Closed |
X |
|
|
| Active |
| X | X |
| Active |
|
|
|
| Lead |
| X |
| X | Closed |
X | X |
| X | Closed |
FAQ's
Can I make updates to my loan after it's been imported?
Yes!
My loan has a product with a lender already selected, will that be imported in my mismo file?
Yes, your product information will be included in your mismo file and brought into Sonar. The mismo file will not contain the actual lender, which can be added in your CSV form.
Can I import files directly in the LOS without sending them to the sonar team?
At this time, there is no way in the LOS for you to upload your loans.
If there are errors importing my file, how will I know?
If Sonar is unable to import a specific loan file due to any issues, our customer success team will contact you and work with you to get that file resolved!
Will my borrowers be receiving emails from Sonar as soon as their files are imported?
No! Sonar will never just send an email to your clients.
If you are working on an active file and you want to invite your borrower to complete their application in the POS, you can do so by navigating to the Borrower Tab and click "Invite [Borrower Name]", this will trigger an email to be sent to the borrower.
Can Sonar import files that have 2 borrower pairs?
Currently, Sonar is not able to support a loan with more than 1 borrower pair - we are actively working on adding this feature.
Is there a way for sonar to import documents for each loan file?
Right now, there is no automatic way to bring in your loan docs when importing your loan files. You can upload your documents manually once the loan is imported.
Files