🛠️IMPROVEMENTS
Added a new field "Source" to the pipeline
Source will help you better understand where your loans are coming in from.
Property Taxes/Insurance field(s) were moved from the property tab and are now available on the product tab:
Can put a LTV% which will alter the purchase price/loan amount from the transaction tab
Property Tab updates:
added the ability to put monthly or annual amounts for homeowners insurance and property taxes
Added a new field for HOA (Monthly) taxes
Credit Authorization forms will now be generated when the borrower gives consent through the POS
Powered by Sonar logo is added to the POS footer:
Updated the default page counts for Fee type of "Deed" + "Mortgage"
Adding 2024 option for call reports
Updated fee templates for Appraisal & Underwriting fee to be borrower PAC
Formatting update to show empty values as "--" vs. "N/A"
Able to download the "Underwriting Checklist" from Fannie Mae to better troubleshoot on your own
An easier way to navigate to view the reason for credit report failures
🚀New Features
Loan Summary Page
We're excited to announce a suite of new features designed to streamline your loan management experience from the summary page.
Here's what you can now do from the summary page now:
Modify Transaction, Borrower, Product, and Property data without leaving the summary page
Invite the primary borrower to complete their loan application
View who is on the loan team (both business + loan contacts)
Notes: Can modify/delete or create a note directly on the page
Loan Actions: actions such as "download mismo" or order credit are now centralized at the top of the page
Milestone Progression: using the arrows in the "milestone section" you can progress the milestone
Conditions: Visibility into outstanding conditions, and ability to remind borrowers of their outstanding conditions without leaving the summary page.
Improved the way you change a loan status: Now when you are finalizing your loan status you will have the option at the end to set your key dates, no need to go to the key dates after you update your loan status.
🐛 Bug Fixes
Upfront Fee factor is now getting updated when the product is saved
1003 mapping updates
Thumbnails will appear for AUS
Cash to Close fixes for vA/USDA/FHA laons
Fix for POS workflow breaking in the co-borrower workflow
Updated the email role type from home to other for AUS
Added a fix to allow a user to view liabilities even when monthly payments are all 0