š ļøIMPROVEMENTS
Manually adjust transaction type switching for Refi/Refi cashout from the transaction tab
Updated styling for disabled fields to make them easier to read
Ability to edit the description for Mortgage Liabilities
Calculating Mortgage Insurance
Moved
Purchase Intent&Purchase Timelinefields from the summary page to the Property page.Options in the dropdown:
Purchase IntentGetting Started(default), Shopping, Making Offers, Signed Contract
Purchase TimelineNot Sure(default), Zero To Three Months, Three To Six Months, Six To Twelve Months
fields were added to the pipeline
Contract SignedYes/No field has been removed, this field was primarily used to drive the switching between pre-approval and purchase.Broker Fee Type will now show you the company default % type.
this field can be modified if you want to update the broker %
Ordering Credit - Liability import update
When ordering credit there is now the option to decide how you want to import the liabilities
Options in dropdown
āDo not importā: will bring in the credit score and not any liabilities.
"Import & replace all liabilities": delete any previously created liabilities when the new report is pulled in.
āImport & replace credit liabilitiesā: delete previously created liabilities off of the old credit report and replace them with new ones, this will keep any manually created liabilities you had.
šNew Features
LOS Pricing Improvements
We made some significant improvements to the loan pricing page so that you could do everything you need to get pricing all from this one tab within a loan.
Some of the highlights of the changes include:
Ability to select a borrowers estimated credit score
Add / edit the mortgage liabilities (for refi loans)
View/modify the PPE Qualifying rate is now exposed - this is the rate used to qualify the borrowers before making a product selection.
Seller Credits
Sonar now supports the ability to uniquely add seller credits to a given loan, we added a new Cost Category "Credits" which will support 2 cost types, Seller Credits & Lender Credits.
To add a seller credit:
Go to the Closing Cost Tab > Add Cost > Select
CategoryCredit > Cost Type = Seller CreditsOnce this is saved - the seller credit will appear within section J
Other impacts:
the Cash to Close calculation for Purchase is now updated to sum: "Seller Paid Amounts for Borrower Fees + Seller Credits"
P&I Calculation
P&I is now a calculated field - you will no longer have to do the mental path when manually changing anything on the product tab
Purchase / Pre-approval switching
To go from a pre-approval to a purchase (or vice versa) a user will just need to modify the transaction type.
TBD field
For both purchase/pre-approval, you can flag if a property has a TBD address - we removed the previous logic that would require the transaction type to be a pre-approval.
š Bug Fixes
Fix for borrowers not receiving āInvite applicantā email from LOS
Adding a new company integration will default to a company-wide
Document preview fix
Homepage table alignment fixes
Call report bug fixes
Forward/reverse mortgage loans brokered should be the number of loans, not the $ amount
Leave Serviced loans zero
The Total Application Pipeline Results (AC090) and Total Application Pipeline (AC066) should include row AC065 (
Net Changes in Application Amount (decrea
Liabilities being flagged as paid off will no longer have the account number be updated to N/A
Fix top borders on calculation tables
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