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.
Related Articles
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 information is updated during a Refresh From Scarlett?
When you refresh from Scarlett, the following fields will be updated: Total Amount Requested Amount Premium Insurance Amount Premium Insurance Percentage Monthly Payment Occupancy Type Purchase Price Appraised Value Amortization Application Purpose ...
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 ...
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 ...
Can amortization or mortgage term fields be edited?
Amortization and mortgage term fields should be updated in Scarlett rather than Veritas.