Closing Disclosure (8)
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Screen ID: Screen Title: Panel Number: |
UMTCLDSC-08 Closing Disclosure 5705 |
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This screen appears when you continue from the previous screen.
Screen Overview
This is the eighth in a series of screens used to “capture” the data required to print on the Closing Disclosure. The data entered on this screen is printed in the Other Costs section on page 2 of the Closing Disclosure.
Use the Continue button to proceed to the next screen.
Field Descriptions
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Field Name |
Description |
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H. Other |
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| Description |
Enter a description of additional costs required for this loan request. Depending upon your forms provider’s exact layout up to 4 additional items can be disclosed |
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Amount |
Enter the amount of each additional cost |
| I. Total Other Costs (Borrower-Paid) | |
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Estimated Total Payoffs and Payments |
Enter the estimated amount that will be used to payoff others with the proceeds from this loan. This amount is rounded to the nearest dollar. |
| J. Total Closing Costs (Borrower-Paid) | |
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Lender Credits |
Enter the amount of credit that was received from the Lender. |
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Estimated Closing Cost Financed |
Enter the amount of closing costs that will be financed as part of this loan request. This amount is rounded to the nearest dollar. |
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Closing Costs Above Legal Limit |
Enter the amount of closing costs that are above the legal limit. Credit Unions are responsible for the calculation of this item. |
Buttons
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Button |
Description |
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Calculate Totals (F5) |
Use this button to calculate total other costs and total closing costs |
Additional Video Resources
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Check out these additional video resources! |
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