Release Notes & iUpdates
Point of Sale
6611 Incorrect CLTV Calculation
The CLTV in a Point file is incorrect.
An incorrect subordinate financing amount must be corrected or removed.
Remove or correct the subordinate financing figure in the Borrower Information screen.
- Go to the Borrower Information screen.
- Click the Sub Financing button at the bottom of the screen.
- If a second mortgage exists and there is an amount in the 2nd Mortgage field, remove the amount and re-enter it.
- If there is not a second mortgage, but there is a value in the 2nd Mortgage field, remove it and click OK.