14.07 How do I make the Lender name and Payoff amount show on the HUD?

Open the Closing File module and select the Loans tab.
Click the Insert icon. Select the Lender from the Search Contact list and click OK, or enter the name of the new lender and click Add Contact.
Select Payoff as the Status, then select the Priority.
Exit the Closing File module and save changes.
Open the Settlement Statements module and select the Buyer Credits tab.
To add a payoff amount, double-click Line 504 or 505 in the HUD-1 to access the Payoff Calculator. Note: The Payoff Calculator is also available on Lines 1501 and 1502 of the HUD-1A.
Enter the mortgage balance, late fees, per diem interest, and other miscellaneous fees associated with the payoff.
You can click the Print button to print the details of the Total Payoff Amount.
Close the Payoff Calculator by selecting OK, and the payoff amount will be displayed on Line 504 or 505.

Open the Closing File module and select the Loans tab.
Click the Insert icon. Select the Lender from the Search Contact list and click OK, or enter the name of the new lender and click Add Contact.
Select Payoff as the Status, then select the Priority.
Exit the Closing File module and save changes.
Open the Settlement Statements module and select the Buyer Credits tab.
To add a payoff amount, double-click Line 504 or 505 in the HUD-1 to access the Payoff Calculator. Note: The Payoff Calculator is also available on Lines 1501 and 1502 of the HUD-1A.
Enter the mortgage balance, late fees, per diem interest, and other miscellaneous fees associated with the payoff.
You can click the Print button to print the details of the Total Payoff Amount.
Close the Payoff Calculator by selecting OK, and the payoff amount will be displayed on Line 504 or 505.

06/26/2015