| | | Forum Newbie
       
Group: Forum Members Last Login: 3/17/2008 2:08:31 PM Posts: 2, Visits: 3 |
| | CLTV ratio (i.e. on the first "Borrower Information" page) keeps increasing. This is what I do: 1. create file 2. enter all info on first lien 3. goto pg.2 and click "Other Fin" 4. enter appropriate info and "OK" 5. File -> Subordinate Financing -> Create New Second Mortgage... 6. finish entering all info on second lien After everything has been created, if I close the file and open it again, CLTV (only on the first lien position) keeps increase. How do I fix this? What am I doing wrong here? If you need screen shots, let me know.
Thanks,
Phillip Yeo
Vista Mortgage, Inc.
phillip.yeo@vistamortgagepro.com
www.vistamortgageinc.net |
| | | | Supreme Being
       
Group: Forum Members Last Login: 1/2/2009 6:24:50 AM Posts: 111, Visits: 1,218 |
| | I've had this happen before as well. Unfortunately, I'm not exactly sure what I did to fix it at the time. Just from my normal troubleshooting routine, I'd probably recommend re-inputting all of the transaction information again (program, loan amount and rate) for each loan and then save. See if that works - That's just a guess as I can't remember how I fixed it the one time it happened to me. Good luck. |
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