Release Notes & iUpdates
Point of Sale
Description: Funds Source Type is required for FHA loans and when Down Payment Funds Type is a Gift or Grant.
Description: When an ASSET that is a Gift or Grant is present, at least one Down Payment must be entered.
Steps to take:
1. Navigate to Services > Freddie Mac > Addendum.
2. Scroll down to Types of Funds.
3. For every fund type of Grant or Gift Funds select a source in the Sources of Funds dropdown.
4. Save and resubmit.