Adding Additional Borrowers
Under the primary borrower's name, a radio button will display, allowing the user to select from the added borrowers on the loan.
1. Click on the Add Borrower icon.
2. Next, choose a Loan Originator from the provided drop-down list.
3. Then, click on the Calendar icon to set the Loan Originator Signature date.
4. In the Borrower section, input all the necessary details for the new borrower.
After completing these sections, the name of the additional borrower will populate.
5. Click the "Save" button at the top of the "Borrowers" screen.
Additionally, you can drag and drop the preferred borrower to designate them as the primary loan borrower.
Swapping Primary Borrowers
Use the following steps to swap the primary borrower and co-borrower.
1. Click on the "Primary Borrower" set.
2. Click on the "Edit Borrower" icon.
3. Select the "Swap" radio button.
4. Click "Save & Close."
5. Click on the "Save" button located at the top of the "Borrowers" screen.
After completing these steps, the information will automatically update to match the new primary borrower once the swap is complete.
Separating Borrowers
Use the following steps to separate borrowers into the borrower set.
Note: Separate a borrower set to enable deleting a borrower from the loan.
1. Select the Borrower Set.
2. Click the Edit Borrower icon.
3. Select the Separate Borrowers radio button.
4. Click Save & Close.
5. Click on the Save button located at the top of the Borrowers screen.
Separate borrowers become single borrowers in the Borrower List.
Making the Borrower Primary
The user can select which borrower chosen as the Primary loan borrower.
To select a primary borrower:
1. Open Application > Borrower.
2. In the borrowers table, Drag and drop the desired borrower to the top position.
Note: Dragging and dropping a borrower to the top position will automatically assign them as the primary borrower.
Before
After
3. Click on the Save button located at the top of the Borrowers screen.
Deleting a Borrower
To remove a borrower from the loan, follow these steps.
Note: Keep in mind that you cannot delete the primary borrower if there are other borrowers associated with the loan.
1. Click on Application > Borrower.
2. Select the borrower to delete.
3. Click on the Delete icon.
4. Click Delete on the Delete Confirmation dialog.
5. Click on the Save button located at the top of the Borrowers screen.
The borrower's information will no longer appear on the loan application.
Merging Borrowers
Use the following steps to merge borrowers.
To merge a borrower:
1. Select one of the borrowers to merge with.
2. Click the Edit Borrower icon.
3. Select the appropriate Merge As option in the drop-down menu.
4. Select the borrower to merge With.
5. Click Save & Close.
6. Click on the Save button located at the top of the Borrowers screen.