Loan Estimate (5)

Screen ID: 

Screen Title: 

Panel Number:

images\kb_closed_shg.gif

UMTLNEST-05

Loan Estimate

5714


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This screen appears when you continue from the previous screen.

Check out the video related to this topic: Completing the Loan Estimate (More videos below!)

Screen Overview

This is the third in a series of screens used to “capture” the data required to print on the Loan Estimate.  The data entered on this screen is printed in the Loan Costs column on page 2 of the Loan Estimate.  All loan costs entered will be alphabetized by section prior to printing the form.

Use the Continue button to proceed to the next screen.

Field Descriptions

Field Name

Description

H. Other

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.
 

Amount

Enter the amount of each additional cost.  These amounts are rounded to the nearest dollar.

Calculating Cash To Close

Estimated Escrow

Enter the amount to be paid into escrow for each column.  This amount is rounded to the nearest dollar.

This Estimate Includes

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.

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.

Total Closing Costs
Lender Credits Enter the amount of credit that was received from the Lender.  This amount is rounded to the nearest dollar.

 

Buttons

Button

Description

Calculate Totals (F5) Use this button to calculate total other costs and total closing costs  

Additional Video Resources

View more lending videos.

Visit the Show Me the Steps video library to view more videos!

 

 Link to ID: https://help.cubase.org/cubase/cubase.htm#UMTLNEST-05.htm