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YSP calculated off of Base Loan Amount?
YSP calculated off of Base Loan Amount?
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Pat Slattery
Pat Slattery
Posted 6/30/2009 3:42:04 PM
Junior Member
Group: Forum Members
Last Login: 11/12/2009 2:31:15 PM
Posts: 19, Visits: 74
Hi, shouldn't the fields in the rate lock screen be calculating the YSP based on the total loan amount and not the base loan amount?
I'd appreciate any comments or help.
thanks, Pat
Post #8734
BT
BT
Posted 7/2/2009 12:35:25 PM
Product Management
Group: Moderators
Last Login: Yesterday @ 3:26:47 PM
Posts: 1,596, Visits: 3,200
It probably should if you are brokering the loan as a correspondent. We're adding a checkbox in a future release to toggle the calculation between total loan amount and base loan amount to give users the choice.
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Post #8736
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