3114 Interest Rate Required on Adjustable Amortization

Resolve for Fannie Mae 3114:

- When Amortization Type is Adjustable Rate, the interest rate is required and must be 'NoteRatePercent' or 'DisclosedFullyIndexedRatePercent'.


1. Open loan file in Point.

2. Navigate to Forms > Truth-In-Lending (Reg. Z) from the top menu.

3. Scroll to the Rate Adjustments section.

4. Complete or verify any entered data.

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5. Navigate to the Loan Estimate.

6. The appropriate data will populate into the Interest Rate fields of the Loan Terms section.

3114 b