processing usda loans in encompass - ellie...

Processing USDA Loans in Encompass

For use with Encompass Broker & Banker Editions

Copyright Statement© 2014 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360®, Encompass Compliance Service™, Ellie Mae Network™ and the Ellie Mae logo are trademarks or registered trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks of their respective owners. Products, services and programs are subject to change without notice.

Processing USDA Loans in Encompass - Encompass Broker and Banker EditionsRev. 09/23/14

i

Table of Contents

USDA Management Input Form ........................................................... 1Rural Assistance URLA Tab ........................................................... 1Req for SFH Loan Guarantee/Resv. of Funds Tab ............................ 5Loan Closing Report Tab ............................................................... 6Tracking Tab ................................................................................ 7

USDA Output Forms ........................................................................... 7Access to USDA Output Forms ...................................................... 7

USDA Annual Fee .............................................................................. 8Fee Calculation ............................................................................ 8Rolling the Fee into Other Forms and Tools ..................................... 9

USDA Guarantee Fee ......................................................................... 9How Loan Changes Affect the Guarantee Fee and MIP .................. 10

Support for USDA Compliance Testing ................................................ 10

September 2014 1Processing USDA Loans in Encompass

Processing USDA Loans in EncompassEncompass provides a comprehensive set of forms and features for processing USDA loans:

USDA Management input form - After completing the Borrower Summary input form, Encompass users open the USDA Management input form, which provides a centralized location for entering and maintaining USDA-specific information and tracking the progress of USDA Rural Housing loans.

USDA output forms - Data that is entered on the USDA Management form is populated to the URLA output form and four additional output forms that have been added to Encompass to support USDA loans.

Support for USDA fees - Fields and features in Encompass quickly calculate and record the USDA Annual Fee and Guarantee Fee. The fees are calculated when the user enters data in the MIP/PMI/Guarantee Fee Calculation tool. The fees are populated to the appropriate forms in Encompass and flow through to additional calculations, for example for the Payment Schedule or escrow impounds.

Support for compliance testing for USDA loans - The Encompass Compliance Service includes features that capture information used in compliance testing for USDA loan. When a user runs a compliance test through the Encompass Compliance Service, the service recognizes the loan as a USDA loan and applies the appropriate criteria for compliance tests, including High Costs and other State Rules.

For a sample workflow demonstrating how to process USDA loans, refer to Appendix A: Processing USDA Loans Quick Reference Guide.

NOTE: If you originate a USDA loan before October 1, 2011, and then order closing documents on or after October 1, the loan data on these documents may not meet current USDA guidelines. To ensure that this type of USDA loan meets the guidelines that went into effect on October 1, 2011, open the loan file, and then open the REGZ-TIL input form. In the Mortgage Insurance section, click the Edit icon. When the MIP/PMI/Guarantee Fee Calculation tool opens, click OK, and then save the loan. When you click OK, all USDA loan data is recalculated according to current USDA guidelines.

USDA Management Input FormThe USDA Management input form provides a convenient, centralized location for entering data for and tacking the progress of USDA Rural Housing loans. The USDA Management form includes four tabs:

• Rural Assistance URLA

• Req for SFH Loan Guarantee/Resv. of Funds

• Loan Closing Report

• Tracking

Rural Assistance URLA TabUse the Rural Assistance URLA tab to input data that will be used to populate the 1003 output form for USDA loans. The form is typically completed after the Borrower Summary form. Click the links on the upper-right to navigate between pages within the tab. Use links within the form to create and update verification forms, and order and view credit reports.

TIP:To shortcut the entry of address information, type the zip code first. The City, State, and County fields will automatically be filled.

NOTE: The data field on the Rural Assistance URLA are the same as the fields used on the standard 1003. You can change the loan type to or from a USDA loan at any time without having to re-enter the data.


Page 1 1 On the top of Page 1, select one or both of the check boxes to indicate the

sources of income used to qualify for the loan.

2 Type an Agency Case No.

3 If needed, type a unique Lender Case No to track the loan. (This value is different from the Loan Number.)

Section I. Types of Mortgage and Terms of Loan1 Make three selections to define the type of mortgage: Loan Type, Lien

Position, and Amortization Type.

• For example: USDA, First, and Fixed Rate.

2 Complete the loan terms fields.

• Total Loan Amt and Monthly Pmt are calculated fields. If you want to type a value in the Monthly Pmt field, click the Lock icon.

Section II. Property Information and Purpose of Loan1 Type the Subject Property information and Legal Description, which is obtained

from the Title Report.

2 Select a loan purpose.

• If you select one of the construction loan options, complete the Construction Loan section.

• If you select a refinance option, complete the Refinance Loan section.

3 Complete the Property will be, Title will be held, and Estate will be held in sections.

4 Select a Source of Down Payment.

• If you click Other Type of Down Payment, type a description in the space provided.

Section III. Applicant Information1 Complete the Applicant #1 information, including the Present Address,

Mailing Address, and Previous Address sections.

• To add additional addresses, click Show All (VOR) to open the Verification of Residence form.

2 Complete the Applicant #2 information.

• To copy information from the Applicant section, click Copy from Applicant #1. You can edit the copied information if needed.

Page 2

Section IV. Employment InformationEmployment information is populated from the current VOE for the borrower and co-borrower. Edits to this section are copied back to the current VOE records.

Section V. Monthly Income and Combined Housing Expense Information1 Type borrower and co-borrower gross income information in the Gross Monthly

Income section.

• To calculate the monthly base income, click the Edit icon.

• The fields in the Total column are calculated by adding the borrower and co-borrower values for each type of income.

• The borrower's Net Rental Income (Net Rent Inc) is calculated from information in the Schedule of Real Estate owned. You can also click the Lock icon to lock the field and then type a value.

• The second Other field displays the total of entries made in the Other Income section below.

2 Type present and proposed housing expenses in the Monthly Housing Expenses section.

• Present expenses are associated with the borrower's primary housing.

• Proposed expenses are associated with the subject property's loan.

• The Proposed first mortgage payment (First Mtg.) is calculated from information in Section I.

• You can type proposed expense values or use the Edit icons to determine proposed expenses.


Page 3

Section VI. Assets and Liabilities1 At the top of the section, select a check box to indicate whether the assets and

liabilities are for both the borrower and co-borrower (Jointly) or the borrower only (Not Jointly).

2 Type descriptions and current values for each type of asset.

• The Total Bank Deposits value is imported from the Verification of Deposits form. Click Show All (VOD) to open the form and then add and edit deposit information.

• The Real Estate Owned value is imported from the Verification of Mortgages form.

3 Click Order Credit to order a credit report and View Credit to view the credit report.

4 Click Import Liabilities to import information from the credit report to the VOL.

5 Add liabilities on the lines provided or click Show All (VOL) to add information to the Verification of Liabilities form.

• New entries and updates on Page 2 are automatically updated on the VOL.

• New entries and updates made on the VOL are reflected on the liability list on Page 2.

Page 4

Section VI. Assets and Liabilities (continue)1 To update values in the Schedule of Real Estate Owned section, click Show

All (VOM) to open the Verification of Mortgages.

• Mortgages on the VOM must first be recorded on the Verification of Liabilities (VOL).

2 In the Additional Credit Received section, type other names under which the borrower has received credit, including the creditor's name and account number.

Section VII. Details of TransactionMost of the fields in this section are filled from entries on previous pages or other forms, such as the Good Faith Estimate.

1 Use the four fields under line l to record additional credits due to the borrower.

2 Click the Edit icon open a calculator to determine upfront and monthly mortgage insurance and funding fees, if applicable.

Section VIII. Declarations 1 Answer the questions for both the borrower and co-borrower.

2 If you answer Yes to question m, complete subparts (1) and (2) as follows.

• 1 - PR (principal residence), SH (second home), or IP (investment property).

• 2 - S (sole ownership), SP (jointly with spouse), or O (jointly with another person).


Page 5

Section X. Information for Government Monitoring1 To print a previous year's application, select a corresponding check box.

2 If the borrower and co-borrower choose to furnish the information, select the appropriate ethnicity, race, and sex.

3 Select the method by which the application information was obtained and type the interviewer information.

4 The loan originator and company information is filled from the default information for the organization in which you are a member. Accept the defaults, right-click in a field to open the Business Contacts window and select a different organization and its information, or manually change information as required.

Page 6

Additional Information Required for RHS LoansNOTE: Text at the top of the form notes that this is a Section 502 loan type. Currently only Section 502 loans are supported in Encompass. Section 504 loans and grants are not supported.

1 Use the drop-down lists to indicate whether the applicant has previously obtained an RHS loan, is a relative of an RHS employee, closing agent, or closing attorney, or is a veteran.

2 If you indicate that the applicant is related to an RHS employee, agent, or attorney, enter the name and relationship in the text boxes.

3 In the Household Income section, enter the name and income information for each member of the household.

NOTE: Information entered in this section is used to populate the Income Worksheet (refer to the Income Worksheet section below) based on USDA income guidelines.

4 Select B or C from the B/C list to indicate that the household member is a borrower or co-borrower for the loan.

5 Select options from the Full time Student or Disabled list to indicate whether or not a household member is a full-time student or is disabled.


6 If applicable, use the Child Care Provider section to enter the name, address, and telephone number for a child care provider, and any weekly or monthly amount paid for child care.

7 In the remaining sections, select the options that describe the applicant’s present housing situation, and enter the names of the applicant’s present and previous landlords.

Income WorksheetMuch of the information on the Income Worksheet is populated from information previously entered on pages 2 and 6 of the Rural Assistance URLA tab.

1 Click an Edit icon to edit the value in a field.

2 In the Annual Income Calculation and Adjusted Income Calculation sections, use the Calculate and Record fields to enter the values and formulas used to calculate the dollar amount for each line.

3 On lines 9, 10, and 11, enter the dollar values.

4 On line 13, enter the moderate income limit established by the USDA for the household. Click the Moderate Income Limit button to open the USDA Rural Assistance website to locate the limit.

5 In the Monthly Repayment Income Calculation section, enter the monthly income figures and calculations for the borrower and co-borrower.

6 In the Prepared By section, enter the name and title of the individual who completed the form.

Req for SFH Loan Guarantee/Resv. of Funds TabMost of the field on this form are populated based on entries made on the Rural Assistance URLA tab or on other Encompass forms such as the 2010 Itemization.

1 In the Applicant Information and Co-Applicant Information sections, select an option for Disabled.

2 In the Request for Single Family Housing Loan Guarantee Additional Information section, select the No Credit Score check box if a credit score is not available for an applicant.

3 Select options to indicate whether the interest rate is based on Fannie Mae rates or will float until the loan closes.

4 In the Loan Funds Usage section, type descriptions for the entries, and enter any funds needed for Repairs/Other.

5 To adjust the Guarantee Fee, click the Edit icon to open the MIP/PMI/Guarantee Fee Calculation tool.

6 In the Lender section, if the lender information is not already populated, type the information, or click the Address Book icon to select a Lender from your business contacts.

7 Enter the third-party originator name and tax ID number, if needed.

8 In the Approved Lender Certification section, enter information about the lender’s authorized representative.

9 In the Request for Reservation of Fund Additional Information section, type the Reservation Amount Requested, and then complete the information for the lender who is submitting the request.


Loan Closing Report TabSome of the fields on the tab will already be populated based on entries on other tabs or forms.

1 Enter the USDA State and County codes, and then enter the borrower’s social security number or tax ID number in the Borrower’s ID field.

2 Select a Borrower Type Code.

3 In the Lender’s ID No. field, enter the lender’s Internal Revenue Service Tax Identification Number.

4 Select a Lender Type Code and a Lender Status Code.

5 For the Certification Effective Date, enter or select the date the lender’s certification became effective. Complete this field only if 3. Certified was selected for the Lender’s Status Code.

6 For the Certification Expiration Date, enter or select the date the lender’ s certification expires. Complete this field only if the Certification Effective Date has also been entered.

7 In the Lender section, enter the lender’s contact information.

8 In the Servicing Office field, type the name of the USDA Agency Servicing Office for the loan.

9 Select options for the Source of Funds, Interest Assistance Code, and Guarantee Fee Purpose Code.

10 In the Fee Rate field, enter the Guarantee Fee rate only if 6. Reserved was selected for the Guarantee Fee Purpose Code.

11 To calculate or adjust the amount of the Guarantee Fee that will be added to the loan amount, click the Edit icon, enter a percentage for MIP/PMI/Guarantee, and then click OK.

12 For the Amount of Loan-line of Credit:

• Enter the principal balance.

• Or enter the full amount of the loan for new loans or for new loans with buydown or interest assistance.

• Or enter the principal balance of an existing loan when establishing interest assistance on an existing loan.

• Or enter the full amount of an existing line of credit if the interest assistance is established during the period of advances.

NOTE: The amount entered must match the amount obligated.

13 For the Advance Amount to Date:

• Enter the cumulative loan advances as of loan closing date.

• If the loan is fully advanced, enter the amount of loan.

• For a line of credit, enter the current unpaid principal balance.

• If no advances have been made, enter 0.00.

14 The Closing Date and Maturity Date of the loan are populated based on entries made on other forms.

15 Select the term or length of the Interest Assistance Program in years (applies to Farm Loan Program loans only).

16 In the Percent of Loan Guaranteed field, enter the percentage of the original loan amount guaranteed by the USDA. (This amount is printed to Box 21 on the Guaranteed Loan Closing Report (RD 1980-19) output form.)

17 Enter the lender’s note rate on the guaranteed and non-guaranteed portions of the loan prior to any interest rate reduction due to buydown, interest assistance, or subsidy. For Rural Housing loans, enter the note rate.

18 Enter the buydown or Interest Assistance Rate percentage.

19 Select the length of the operating line of credit in years. Leave this field blank if 2. Loan Note Guarantee has been selected for the Type of Guarantee.

20 For Type of Guarantee, select an option depending on whether the loan is a for a line of credit or loan note.

21 Select the Interest Basis Days and the Interest Rate Code.

22 If Substitution or Extension was selected for the Guarantee Fee Purpose Code, enter the Balance Owed on Loan amount. In all other cases, leave the field blank.

23 For Date Guarantee Period Begins:

• If Extension was selected for the Guarantee Fee Purpose Code, type or select the date when the guarantee period ends for the previous loan.

• For all other selections, leave the field blank.

24 For Date Guarantee Period Ends:

• If Extension was selected for the Guarantee Fee Purpose Code, type or select the date when the guarantee period ends for the proposed loan.


• If Initial Closing Fee, Consolidation, Reserved, or Initial Closing was selected for the Guarantee Fee Purpose Code, and the guarantee period is shorter than the length of the loan, type or select the date when the guarantee period ends for the proposed loan.

• For all other selections, leave the field blank.

25 For the annual Review date:

• For Farm Loan Program (FLP) and Single Family Housing (SFH) loans with Interest Assistance Only, enter the First Annual Review Date for the loan,

• For Annual Payment loans, enter the First Annual Payment Due Date.

• For all other loans, enter the date established by the lender as the last day of the first period of interest assistance. This date must be no more than 12 months from the closing date of the note. All future claims and reviews will be made effective on the anniversary of this date each year.

26 Indicate whether the loan is certified, and then type the title of the USDA agency representative authorized to sign the form.

Tracking Tab The Tracking tab contains information used to track the progress of a USDA loan. Some information is populated from other Encompass forms. Other information must be retrieved from the Government Underwriting System (GUS) website and then manually entered on the tab. GUS is accessed through a secure website by clicking the Government Underwriting System (GUS) link at https://usdalinc.sc.egov.usda.gov/SiteMap.do.

USDA Output Forms Four output forms have been created to support new requirements for USDA Rural Housing loans. Data for these forms is populated from the USDA Management input form in Encompass:• Household Income Analysis

• Guaranteed Loan Closing Report (RD 1980-19)

• Request for Reservation of Funds (RD 1980-86)

• Annual and Repayment Income Worksheet

NOTE: The Household Income Analysis form is designed to be appended after page 5 of the letter-sized 1003 Uniform Residential Loan Application (URLA) output form.

Access to USDA Output FormsAdministrators who are running Encompass Banker Edition must grant users access to USDA output forms. Access is granted to User Groups. All users who are members of an authorized User Group will have access to the documents.

To Give Users Access to USDA Forms:1 On the menu bar, click Encompass, and then click Settings.

2 On the left panel, click Company/User Setup, and then click User Groups.

3 Select a user group on the Create a Group panel.

4 Click the Resources tab.

5 Click the New icon next to the Standard Print Forms category.


6 On the Standard Print Forms window, select forms from the All Standard Print Forms list, and then click the right-arrow button to move the forms to the Selected Forms list.

7 Click OK to add the selections to the user group.

USDA Annual FeeAn entry for the USDA Annual Fee is located on line 1010 of the 2010 Itemization and 2010 HUD-1 Page 2 input forms. NOTE: The Aggregate Adjustment entry (field ID 558) now located on line 1011 was formerly located on line 1010 (in pre-6.8.0.7 versions of Encompass).

Fee CalculationThe USDA Annual Fee is calculated using the MIP/PMI/Guarantee Fee Calculation tool (accessed by clicking the mortgage insurance Edit icon on forms such as the Rural Assistance URLA, 1003, 2010 Itemization, REGZ-TIL, and Closing REGZ-TIL).

Based on the total loan amount (including any upfront guarantee fee financed in the loan), the initial fee for the first year of the loan will be determined and calculated based on the scheduled average Unpaid Principal Balance (UPB) for the first year. Remaining years of the loan will also be calculated and charged on the scheduled average UPB, not the actual UPB.NOTE: Due to rounding in the calculation used to determine the monthly cost of the USDA Annual Fee (field NEWHUD.X1707), there may be a slight discrepancy between the amount that displays for the USDA Annual Fee (field HUD50) and the amount that results when the monthly cost is multiplied by 12. The Annual Fee (field HUD50) correctly reflects the total amount due for the USDA Annual Fee for the year.

To Calculate the Fee:1 Open a loan file, click the Forms tab on the lower-left, and then click

2010 Itemization.

2 On line 1010, click the Edit icon.

3 Enter any data as needed in the Loan Information, Financed Guarantee Fee or For Financing a Portion of the Guarantee Fee sections.

4 On line 1 in the Monthly Mortgage Insurance / USDA Annual Fee Premium section, type the rate for the annual fee payments in the % field, and then type the number of months the payments will be made in the Months field.

NOTE: The annual fee of 0.4 percent is applicable for all loan applications (purchase, new construction and refinance transactions) with a Conditional Commitment dated October 1, 2011 and thereafter. Though it appears similar, the USDA annual fee is not Mortgage Insurance. The annual fee does not cancel and cannot be removed at any time over the life of the loan.

5 If the borrower is scheduled to make an additional series of payments after the payments on line 1 have ended, use line 2 to enter the percentage rate and number of months for the additional payments.


6 Select the Calculate based on remaining balance check box to calculate payments based on an average of the remaining UPB taken every 12 months. This average is used to calculate the fee premiums listed in the payment schedule on the REGZ-TIL.

• The monthly cost of the USDA Annual Fee payment populates to line 1010 (field ID NEWHJUD.X1707) on the 2010 itemization input form.

Rolling the Fee into Other Forms and ToolsThe Annual Fee is rolled into fields and calculations on the following forms and tools:• The calculation for the aggregate analysis calculation has been updated to

include impounds for the Annual Fee in the Aggregate Adjustment entry.

• The calculated value for the Annual Fee is added to the Other category (field ID 234) for monthly expenses on forms such as the Rural Assistance URLA, 1003, and 2010 HUD-1.

• A column for the Annual Fee has been added to the Aggregate Setup tool to allow users to enter the Annual Fee in the escrow payments for the loan. A maximum of 2 months of cushion is allowed.

• The Annual Fee is included in the fees listed in the Funding Worksheet.

• The Annual Fee is included in the payment schedule on the RegZ TIL and Closing RegZ as an escrow item.

• The Annual Fee is included in the calculations for the proposed housing expenses (field 1730) on the Transmittal Summary.

• The Annual Fee is populated in the impound section on the Purchase Advice Form.

USDA Guarantee Fee The USDA Guarantee Fee is populated to line 819 on the 2010 Itemization and the 2010 HUD-1 Page 2 input forms. the fee is calculated when the MIP/Funding/Guarantee Fee percentage is entered on the MIP/PMI/Guarantee Fee Calculation tool. As an entry in the 800 section, line 819 flows through to Block 3 of the GFE, as required by federal regulations. For non-USDA loans, line 819 can be used for other purposes.NOTE: If you use loan templates, make sure that they do not populate other types of data to line 819.This ensures that the USDA Guarantee Fee for USDA loans is not overwritten by the template.

To Populate the Guarantee Fee:1 Open a loan that has USDA-RHS selected for the Loan Type (field ID 1172).

2 Click the Forms tab on the lower-left, click USDA Management, and then click the Rural Assistance URLA tab.

3 On page 1 of the Rural Assistance URLA tab, click the MIP/FF Edit icon.

4 On the MIP/PMI/Guarantee Fee Calculation tool, enter the Appraised Value and the Loan Amount, if not already entered.

NOTE: This USDA-specific user interface displays when you open the calculator after selecting USDA-RHS for the Loan Type.


5 Select a value from the Guarantee Fee Percentage drop-down list.

6 If the entire upfront guarantee fee will be financed, select the appropriate check box. The Guarantee Fee Amount (field 3561) and Total Loan Amount (field 3562) will be calculated based on the Guarantee Fee Percentage rate.

OR

If only a portion of the upfront guarantee fee will be financed, select the appropriate check box. The Amount of Guarantee Fee Financed (field ID 3563) Total Loan Amount (field ID 3565), and Guarantee Fee Amount (field ID 3564) fields are calculated based on the Guarantee Fee Percentage rate.

7 Complete the remaining fields to calculate the USDA Annual Fee Premium as required, and then click OK.

NOTE: The annual fee of 0.4 percent is applicable for all loan applications (purchase, new construction and refinance transactions) with a Conditional Commitment dated October 1, 2011 and thereafter. Though it appears similar, the USDA annual fee is not Mortgage Insurance. The annual fee does not cancel and cannot be removed at any time over the life of the loan.

How Loan Changes Affect the Guarantee Fee and MIPChanges made to a loan file can affect the USDA Guarantee Fee, the content in the MIP/PMI/Guarantee Fee Calculation tool, and related fields.• For a USDA Loan Type, if data has previously been entered in line 819 and a

percentage is entered in the MIP/Funding/Guarantee field on the MIP/Funding/Guarantee Fee Calculation tool, a confirmation message asks the user to confirm that the existing line 819 amount will be overwritten. If the user clicks Cancel, a percentage is not entered in the MIP/Funding/Guarantee field and the content in line 819 is not overwritten.

• For a USDA Loan Type, if a user makes a change to the 2010 Itemization that results in a recalculation of the Payment Schedule, a pop-up message notifies the user that line 819 will be overwritten.

• For any loan, if a user changes the Loan Type, a confirmation message asks the user to confirm that all fields in the Monthly Mortgage Insurance/USDA Annual Fee Premium section on the MIP/PMI/Guarantee Fee Calculation tool will be cleared. If the user clicks Cancel, the loan type is not changed and the fields listed below are not overwritten.

• The MIP/Funding/Guarantee field on the MIP/PMI/Guarantee Fee Calculation tool.

• All fields in the Monthly Mortgage Insurance/USDA Annual Fee Premium section on the MIP/PMI/Guarantee Fee Calculation tool.

The following fields will also be overwritten when any of the three scenarios described above occur:

• Mortgage insurance payment (field 1766)

• Percentage of loan guaranteed (field 1107)

• PMI periodic factors on the Loan summary (fields 1199, 1201)

• Monthly MI premium (fields 1198, 1200)

• Loan to balance cancellation percentage (field 1205)

• Monthly USDA Annual Fee premium (NEWHUD.X1707)

• Proposed mortgage insurance (field 232)

• Months of Annual Fee reserve (field NEWHUD.X1706)

• Number of PMI months paid at closing (field 1209) - only if the Loan Type (field ID 1172) is changed to FHA

• Prepaid check box (field 2978) - only if Loan Type is changed to FHA

Support for USDA Compliance TestingThe Encompass Compliance Service includes the following items to support USDA compliance tests:• USDA/RHS Mortgage Type - Mortgage Type that supports the processing of

USDA loans.

• USDA/RHS Upfront Guarantee Fee - Entry for the USDA Guarantee Fee.

• Annual Fee Monthly Premium Rate & Period - Entry for the amount held in escrow, impound, or trust account for future payments of the UDSDA/RHS Annual Fee, paid monthly and due annually.

• Automated USDA/RHS Annual Fee Monthly Premium Calculation - Payment stream calculation that includes the USDA Annual Fee monthly premium impound.

• USDA/RHS Guaranteed Loan State Rules Functionality - High Costs and other State Rules include functionality for handling USDA/RHS loans, including the upfront Guarantee Fee and Annual Fee Monthly Premium-Impounds.


Appendix A: Quick Reference Guide

processing usda loans in encompass - ellie...

Documents