🛠️IMPROVEMENTS
Added a system control to ensure that properties you planning to sell automatically will be marked as "payoff"
if you need to payoff a property that you aren't planning to sell, we recommend unpairing the mortgage liability from the REO
All users are now able to archive non-submitted applications
Added "Loan Status" transition from Onboarded to Lead (previously this was unavailable)
Non-admins can request to transition from onboarding to lead
Added state so users know why AUS cannot be run due to missing information
Admins can now approve/deny requests when the loan is withdrawn
🚀New Features
Borrower Pairs
A much-anticipated feature finally arrives, you can now add 3+ borrowers to any loan file, which will allow many of you to help even more borrowers access their dreams of homeownership.
When you click "Manage Borrowers" from the borrower tab, this is where you can....
Add a new borrower
Swap the order of the borrowers - including the primary borrower...
Delete a borrower
If you swap who the original primary borrower was, a reminder to invite the new primary borrower to the loan file will appear.
The loan header will only show you, borrowers, within the primary pair:
With this release, we wanted to call out the following:
Only 2 borrowers can be added to the POS.
If a borrower has more than 3+ borrowers you can add the additional borrowers for them in the
Manage Borrowers Tab
Only the primary borrower will be able to log into the POS and upload all documents on behalf of all borrowers
Filter borrowers on loan pages
Loan pages are able to be viewed by unique borrowers or borrower pair
Improved Order Credit Experience:
A new step "Report On" was added
if you select
Individualyou will be able to select 1 or many borrowersSelecting Joint will allow the ability to select any 2 borrowers (they do not need to be in a pair!)
The way you order credit will NOT change your borrower pair ordering!
Sonar will surface if any of the borrowers is missing information needed to order credit -helping to streamline
🐛 Bug Fixes
Borrower pairs being sent to AUS will be based on how they are set up in Sonar NOT based on how credit is pulled
The percentage down on the pre-approval letter will no longer round up
Updated reference data for Zipcode
Error messages appear as you hit save
Saving current residence as borrower address is not updating reos and subject properties
Styling updates for button sizes
When a credit report fails with multiple borrowers - a correct error message will now appear
Down Payment and LTV are not in sync for the Edit Transaction dialog
Users with disabled accounts are still allowed to reset their password
Previous borrowers liabilities are still being used to calculate DTI issue fixed
Imported loans' monthly payment will automatically get included in the DTI calc
Loan Team members will automatically get added to the loan upon import
Liabilities are getting removed for a single borrower when reissuing a credit report for the 2nd borrower
Corrected reference cell issue for refi loans on the loan worksheetLoan worksheet for Refi Loans