Can amortization or mortgage term fields be edited?
Amortization and mortgage term fields should be updated in Scarlett rather than Veritas.
Related Articles
What information is required to mark a deal as Mortgage Booked or Audit Complete?
The following information is required to move a deal to the Mortgage Booked or Audit Complete stage: Application Purpose Occupancy Status Rate Type Rate Terms Mortgage Term End Date Subject Property Address including City, Province and Country at ...
Why aren't the Mortgage Request details recalculating when information is updated manually?
To update Mortgage Request details automatically, refresh the deal from Scarlett. If updating the information manually in Veritas, all fields need to be adjusted as needed. No calculations in this section are done automatically.
What information is required to mark as Submitted to Credit, Application Approved, Sent to Fulfillment or Mortgage Documents Sent to Notary?
The following information is required to move a deal to the Submitted to Credit, Application Approved, Sent to Fulfillment or Mortgage Documents Sent to Notary stage: Application Purpose Occupancy Status Rate Type Rate Terms Mortgage Term End Date ...
What happens when a deal moves to Mortgage Booked and the deal is funded (i.e., what becomes locked)?
When a deal is moved to the Mortgage Booked stage, the following sections become locked: Deal Details (General Deal Information, Down Payment, Mortgage Request, Subject Property, Mortgage Terms, and Insurance Referral) File stage (you cannot change ...
What is required before a deal can be sent to Compliance?
The following information is required to submit a deal to Compliance: Application Purpose Occupancy Status Rate Type Rate Terms Mortgage Term End Date Subject Property Address including City, Province and Country at minimum At least one Client ...