How do you disclose in encompass?

After the loan is saved, the Documents to be delivered window will be presented. Select Initial Disclosure from the drop down. A list of disclosures to be sent will populate. Click the Send button.

Where can I find intent to proceed in encompass?

Intent to Proceed – The date when you determine that the borrower intends to proceed with the loan application. This field is populated from the Received Date (field ID 3197) in the Intent to Proceed section on the Loan Estimate Page 1.

What is Property Status On encompass?

Property Status: S = Sold. PS = Pending Sale. R = Rental (Investment)

How do I change the closing date in encompass?

Encompass XD – How to change the date/time settings

1. Press the ENTER button to open the menu.
2. Press the ▼ button until is selected. Press the ENTER button.
3. Use the ▲ and ▼ buttons to change each value.
4. After the DST setting is adjusted accordingly, press the ENTER button to save settings.

Can you back out after signing intent to proceed?

The “intent to proceed” document is not legally binding. In fact, nothing you sign is legally binding until the closing. And even then, for a refi, equity line or HELOC, you have 3 days to rescind the transaction (but not for a purchase).

What is H in property status?

Hold (H): Hold is for properties that have been temporarily removed from the active status and are still listed with intention of returning to active status in a short period of time.

Where is the 1st payment date in encompass?

The first payment accompanies the commitment. I’ve selected the ‘1st day of the month’ and Monthly for the schedule. The next payment date will be August 1st. If the pledge and initial payment are made on the 1st through the 15th of the month, Encompass sets the next payment date to be the 15th of the next month.

How do you link a loan in encompass?

How to merge loans in Encompass

1. Open the primary borrower’s loan file from the pipeline.
2. Click on the Tools tab, then click Co-Mortgagors or the page and pencil at the top left to access Manage Borrowers.
3. To import a borrower, click the Import button.
4. Select Source Another Loan File.

How do I export from encompass?

Encompass – Importing/Exporting Fannie Mae 3.2 file

1. Step 1: Open the Service tab and select “Access Lenders”
2. Step 2: Select “Export file to other partners” and click Continue.
3. Step 3: Go to “Export Purpose” and select “Other” from the drop-down and click Continue.

How do you start a new loan in encompass?

Create a Follow-Ups only loan in Encompass

1. Click Pipeline Tab in Encompass.
2. Click the new loan icon.
3. Select the desired loan template from the list.
4. Click New Blank Loan.
5. Enter the following information for the borrower:
6. Click Services.
7. Select Additional Services.
8. Click My Providers tab.

How to track the disclosure history in encompass?

The Disclosure History tracking record will also be set in Encompass. The Disclosure Details Window will automatically display the “Disclosure Type” as ‘Initial’. The “Sent Date” will display the same date as the ‘LE Sent’ date shown in the Disclosure Tracking Tool and the “Sent Method” will display ‘Other’.

When does the milestone status change in encompass?

As soon as the borrower accepts the eConsent, the Encompass milestone status will change to “Disclosures Out Finished”. The “eConsent”, “LE Sent” and “SSPL Sent” dates in the Disclosure Tracking Tool will be set as the date the borrower accepted the eConsent.

Where do I find the received date on encompass?

The Presumed Received Date is populated in the eDisclosure Tracking tab. The Presumed Received Date is copied from the eDisclosure Tracking tab to the Details tab. The Actual Received Date is not automatically populated, but the Encompass user can manually enter or select the date on the Details tab.

How is the earliest closing date calculated in disclosure tracking tool?

The “eConsent”, “LE Sent” and “SSPL Sent” dates in the Disclosure Tracking Tool will be set as the date the borrower accepted the eConsent. The “LE Received” date will be calculated to 3 mail days after the “LE Sent” date and the “Earliest Closing Date” will be calculated to 7 business days after the “LE Sent” date.