Fannie Mae 3023 Freddie DQC109 CRIT0046 A Payment Penalty Indicator is required.

Resolve for Fannie 3023 Freddie DQC109 CRIT0046:

- Prepayment Penalty Indicator is required. Provide the data as True or False.

- A payment penalty indicator is required.

 

1. Open the file in Point.

2. Navigate to Forms > Good Faith Estimate from the top menu.

3. In the Summary of Loan section complete the Loan has a Prepayment Penalty box and field as appropriate.

4. Navigate to the Loan Estimate and Loan Terms section.

5. View the Payment Penalty field to verify the data entry.