Effectively Working with Input Forms in Encompass: FHA 203k Loans
In this session, end-users will get hands-on experience in Encompass performing data entry activities in specific forms needed to complete an FHA 203k Rehabilitation Mortgage Loan. We will cover the nuances and Encompass best practices for this loan program.
- Navigate the loan process for the FHA 203k Loan within Encompass
- Learn the key differences between the Standard and the Limited FHA 203K loans when inputting data in Encompass forms.
- Review the online 203k Calculator for accurately calculating the Maximum Mortgage amount.
- Explore both purchase and refinance scenarios.