Non-liquid assets do not have to be verified, and will not be identified in a verification message. Social Security, VA, or other government retirement or annuity. Approximately 78% of our participants preferred to pay $100,000 for lifelong cash payments immediately at retirement than to pay. Launch Ask Poli for Sellers . 4 Billion for Fourth Quarter 2022. Total verified liquid assets: $30,000. Standard Fannie Mae. Obtain a copy of the borrower’s disability policy or benefits statement from the benefits payer (insurance company, employer, or. Net proceeds from a loan against the cash value or from the surrender of a life insurance policy are an acceptable source of funds for the down payment, closing costs, and reserves. part of the credit review process, or. Retirement income must be verified from the former employer, or from Federal tax returns. Exceptions are specified in B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report . 3-01, Stocks, Stock Options, Bonds, and Mutual Funds (06/30/2015), for determining value and whether documentation of the borrower’s actual receipt of funds is required when used for the down payment and. / Retirement/ Gov't Annuity/ Pension Income; Browse. the conditions of eligibility for these loans, and features such as annuity income calculations used in these loans. An annuity is a contract between an individual and an insurance company or financial institution in which the individual pays a lump sum or periodic payments in exchange for a guaranteed stream of income in the. 3-13 , and Selling Guide section B5-6-02. 1 4. The lender must assess repayment or additional obligation considerations to determine the impact. Fannie Mae Gift of Equity . Note: The tax-exempt nature of some of the above payments should also be considered. Fannie Mae. Determine the net documented assets. Temporary leave income: $2,000 per month. the borrower's recent Leave and Earnings Statement (LES) for military income and entitlements. Debt -to-Income Ratio 30. Lenders have difficulty using income from the growing number of gig economy workers* to. Freddie Mac Form 65 • Fannie Mae Form 1003 URLA Effective 1/2021• Instructions Revised 10/2022 1e. This blog covers just some of the basics about establishing income continuance. If the borrower will return to work as of the first mortgage payment date, the. one monthly statement (30 days of account activity) for all limited cash. The DU validation service offers lenders an opportunity to deliver loans with more certainty. an IRS 1099 form. Using Nontaxable Income to Adjust the Borrower’s Gross Income. Portfolio Manager, or Fannie Mae’s Single-Family Servicer Support Center at 1-800-2FANNIE (1-800-232-6643) with any questions regarding this Lender Letter. . Section 5303. Document the following: a minimum 24-month history of trust income by obtaining copies of the borrower’s signed federal income tax returns for the most recent two years, and. Participants may join the conference call in listen-only mode via the webcast link below. Annuities are issued by insurance companies. When a component of the loan is validated by DU, the loan may. Published August 3, 2022The new, user friendly Seller/Servicer Guide will make it significantly easier for you and your team to find, understand and share critical information. a cash-out refinance transaction with a DTI ratio greater than 45%. As a result of the tax law changes that will prevent lenders from being able to identify unreimbursed business expenses, the requirements for IRS Form 2106 have been removed and the automobile allowance policy has been changed. The lender must verify the borrower's income in accordance with Section B3–3. Regular income amount: $6,000 per month. Lender may use the AMI limits for purposes of determining income eligibility for RefiNow, HomeReady or other loans that have AMI requirements. Share this answer If retirement income is paid in the form of a distribution from a 401 (k), IRA, or Keogh retirement account, determine whether the income is. Note: For loan casefiles that are not. Launch Ask Poli for Sellers . If the income is verified to be nontaxable, and the income and its tax-exempt status are likely to continue, the lender may develop an “adjusted gross income” for the borrower by adding an amount equivalent to 25% of the nontaxable income to the borrower’s income. Develop an average of the income received for the most recent two years. Stable and Predictable Income. 1-09, Other Sources of Income, for boarder income requirements, and B5-6-02,. 9 Billion for 2022 and $1. See the applicable section below for information on Social Security income. The lender must verify the borrower's income in accordance with Section B3–3. 501. This topic contains general information for income, including: Stable and Predictable Income. Assets used for the calculation of the monthly income stream must be owned individually by the borrower, or the co-owner of the assets must be a co-borrower of the mortgage loan. Both are easy to find on the web and can. Income payments from deferred annuities are also taxed as income when received. The following table provides verification requirements for retirement, government annuity, and pension. Document current receipt of the income, as verified by one or more of the following: a statement from the organization providing the income, a copy of retirement award letter or benefit statement, a copy of financial or bank account statement, a copy of signed federal income tax return, an IRS W-2 form, or; an IRS 1099 form. This income can offset certain weaknesses that may be. Fannie Mae permits lenders to request specific or limited documentation from the IRS when submitting a request with the borrower’s consent on IRS Form 4506-C (such as requesting only the transcript for forms W2 or 1099), rather than always requiring the full transcript of the borrower’s personal income tax return (aka Form 1040). Income (or loss) from secondary self-employment can be excluded if the borrower is using non-self-employment income to qualify (for example, salary or retirement income). Example. Examples of income of this type include income from hourly workers with fluctuating hours, or income that includes commissions. For example, a "3-year ARM" must have an initial fixed period of 36 months, and a "5-year ARM" must be 60 months. "Fannie Mae Reports Net Income of $12. Fannie Mae’s underwriting guidelines emphasize the continuity of a borrower’s stable income. Ask Poli is an Artificial Intelligence powered search tool. Available liquid reserves: $12,000. If income from a government annuity or a pension account will begin on or before the first payment date, document the income with a benefit statement from the organization providing the income. Depository Assets. Borrowers whose qualifying income is greater than 50% and is less than or. 3 for instructions on processing IRS Form 4506-C, if applicable, based onNon-Taxable Income and Its Significance. Fannie Mae customers! Get answers to your Servicing Guide & policy questions with Fannie Mae's AI-powered search tool. 02 D Boiler and Machinery / Equipment / Mechanical Breakdown. Certain components of the loan file – income, employment, and assets – are eligible for validation by DU using electronic verification reports obtained from vendors. 4 $2. Obtain the following documents: a completed Form 1005, or. Tax returns are required if the borrower. the lender must evaluate it according to Fannie Mae’s guidelines for income received from a partnership or an S corporation. For loan casefiles underwritten through DU, the maximum allowable DTI ratio is. 1-09, Other Sources of Income. HomeReady permits lower credit scores. The employment offer must clearly state the borrower has fixed base income (e. Ask Poli is an Artificial Intelligence powered search tool. Opinions, analyses,. freddiemac. The borrower has the right to select the insurer of their choice to provide property insurance for the subject property, provided that the insurance meets Fannie Mae's requirements. rental income. For additional information, see FAQs: Using Income from Retirement and Employment-related Assets and B3-3. The total qualifying income that results may not exceed the borrower's regular employment income. Weekly. Verify that the income can be expected to continue for a minimum of three years from the date of the mortgage application. (Biweekly gross pay x 26 pay periods) / 12 months. Documentation for military income calculation for a VA loan may differ significantly. Asset Requirements. PART B Origination thru Closing. The lender must obtain. Maximum LTV, CLTV, and HCLTV Ratio. See below for maximum gross-up amounts: Fannie Mae and Freddie Mac allow grossing up 125% for conventional financing for fixed income borrowers on social security. Impact of COVID-19 on Servicing and LL-2021-07, COVID-19 Payment Deferral and Fannie Mae Flex Modification for COVID-19 Impacted Borrowers. LTV. a copy of signed federal income tax return, an IRS W-2 form, or. Retirement, Government Annuity, and Pension Income • Fannie DU – letter from organization, award letter, tax returns, W2 or 1099 OR proof of currentFannie Mae purchases and securitizes mortgages to non-citizens who are lawful permanent or non-permanent residents of the United States under the same terms available to U. Note: Ask Poli is an Artificial Intelligence powered search tool. Fannie Mae Guidelines Employment-Related Assets as Qualifying Income 33 Asset Requirements –If the employment-related assets are in the form of stocks, bonds, and mutual funds, 70% of the value (remaining after costs for the transaction and consideration of any penalty) must be used to determine the income stream toContinuity of Income . The required documentation to verify income disclosed by the Borrower(s) on Form 710, Mortgage Assistance Application, and the corresponding methods to calculate the income from each type are provided in this exhibit. An example of a Fannie Mae loan An example of a Fannie Mae loan. If the trust is established jointly, there may be more than one primary beneficiary as long as the income or assets of at least one of the individuals. To learn more about income continuance or to discuss your homebuying and mortgage financing options, contact our team by phone at (855)855-4491 or by email at jvmteam@jvmlending. Which of the following is a guideline used by Freddie Mac when determining if a loan is conforming. Social Security, VA, or other government retirement or annuity. Sources "B3-3. Fannie Mae permits lenders to request specific or limited documentation from the IRS when submitting a request with the borrower’s consent on IRS Form 4506-C (such as requesting only the transcript for forms W2 or 1099), rather than always requiring the full transcript of the borrower’s personal income tax return (aka Form 1040). (Biweekly gross pay x 26 pay periods) / 12 months. This requirement is. Purchased through an insurance company or financial institution, income annuities offer guaranteed payments over a specific period or for life. Fannie Mae purchases or securitizes mortgages that are secured by properties that have a business use in addition to their residential use, such as a property with space set aside for a day care facility, a beauty or barber shop, or a. 2 $16. ) (-) $50,000. The lender must verify the borrower's income in accordance with Section B3–3. a copy of signed federal income tax return, an IRS W-2 form, or. The yielding figure is the qualified monthly income. the amount and duration of the borrower's “temporary leave income,” which may require multiple documents or sources depending on the type and duration of the leave period; and. an IRS 1099 form. Acceptable Sources of Reserves. an IRS 1099 form. Annuity Income Watch Me! Annuity & Retirement Distribution Answer Me! Foundations On-Demand NOT YOUR ORDINARY INCOME 13 Notes: Watch Me! Annuity & Retirement DistributionConclusion. Guidance for documenting access to income and business liquidity If the Schedule K-1 reflects a documented, stable history of receiving cash distributions of income from the business consistent with the level of business income being used to qualify, then no further documentation of access to. 1-09, Other Sources of Income in December 2020. Total verified liquid assets: $30,000. Acceptable Sources of Reserves. 1-09, Other Sources of Income. Fannie Mae and Freddie Mac offer a variety of coverage options. Base Pay (Salary or Hourly) Income. Total verified liquid assets: $30,000. The below provides the verification requirements for long-term disability income. A 45% DTI ratio can sometimes be considered depending on a borrower's credit score and reserve requirements. Our sample generally desired immediate over deferred annuities. monthly income from annuities, insurance policies, retirement funds, pensions, disability or death benefits, rental. Prepare Necessary Documentation. an IRS 1099 form. Subpart B1: Loan Application Package. . 1-03, Base Pay (Salary or Hourly), Bonus, and Overtime Income. Home Possible Income Limit – For the specific census tract, this is the maximum borrower income allowed to qualify for Home Possible. The date of the completed form must comply with B1-1-03, Allowable Age of Credit Documents and Federal Income Tax Returns . The lender must obtain. 1-02, Standards for Employment Documentation. You can calculate your DTI ratio by dividing your recurring minimum expenses by your total monthly income. Gift Funds. For additional information, see FAQs: Using Income from Retirement and Employment-related Assets and B3-3. Temporary leave income: $2,000 per month. Monthly Income (Sort ID 291) is to be delivered with the combined qualifying gross monthly income of all borrowers. Visit our consumer alert web page for more information, and please report any such scams to us: 1-800-2FANNIE (1-800-232-6643) Option 4. the borrower’s recent paystub and IRS W-2 forms covering the most recent two-year period. 1-05, Secondary Employment Income (Second Job and Multiple Jobs) and Seasonal Income (12/15/2021). Bonus pay at Fannie Mae Corporation ranges from $8,000 to $8,000 annually among. Develop an average income from the last two years (according to the Variable Income section of B3-3. When consecutive credit documents are in the loan file, the most recent document. 1-01, General Income Information, for additional information. Published May 3, 2023Disability Income — Long-Term. The inter vivos revocable trust must be established by one or more natural persons, solely or jointly. 70%. Freddie Mac HomeOne ℠. Fannie Mae HomeView® can be used to satisfy the homeownership education. Financing Concession . 10) (Assumes a 10% penalty applies for early distribution, which must be levied against any cash being withdrawn for closing the transaction as well as the remaining funds used to calculate the income stream. These can include various sources such as child support, alimony, social security income, VA benefits, interest income, 401K/pension income, or any other documented income that is deemed non-taxable. 0 0 Actual/Estimated. The servicer must determine the borrower's new modified mortgage loan terms in accordance with Determining the Fannie Mae Flex Modification Terms in D2-3. Sign-In Seller/Servicer ID Business Role: Looking for the servicing policy? Not a customer?. Negative business income is considered “zero” for annual income calculations. All of the following loan parameters must be met in order for employment-related assets to be used as qualifying income: Loan Parameter. If income from a government annuity or a pension account will begin on or before the first payment date, document the income with a benefit statement from the organization providing the income. A borrower of a mortgage loan secured by a principal residence or second home may use funds received as a personal gift from an acceptable donor. the business provides more than $12 billion of protected income payments. Home, 60 percent. Standard Freddie Mac. Company to Host Conference Call. Cash Value of Life Insurance and Debt-to-Income Ratios. There may be more coverage offerings. Fannie Mae, October 2. VA Loans allows borrowers to gross up 115% of their social. checking or savings accounts; investments in stocks, bonds, mutual funds, certificates of deposit, money market funds, and trust accounts; the amount vested in a retirement savings account; and. a copy of signed federal income tax return, an IRS W-2 form, or ; an IRS 1099 form. See the applicable section below for information on Social Security income. They call this practice “grossing up” income because you. Total verified liquid assets: $30,000. Unless the lender has knowledge to the contrary, if the income does not have a defined expiration date and the applicable history of receipt of the income is documented (per. Fannie Mae Cash-Out Refinance . If the part-time income is variable, refer to FAQ: How is variable income calculated? For information on part-time income that is seasonal, refer to FAQ: What are the requirements for seasonal income?Temporary leave income: $2,000 per month. c. Stable and Predictable Income. Choosing an annuity mortgage involves. The IRS changed the 2019 tax returns to separate IRA distributions from pension and annuity income; therefore, these fields are now separated on the tax transcript data used by the DU validation service. Certain components of the loan file – income, employment, and assets – are eligible for validation by DU using electronic verification reports obtained from vendors. Web. Welcome to an improved Seller/Servicer Guide. Subpart B3: Underwriting Borrowers. The loan is "secured" on the borrower's property. The DU validation service offers lenders an opportunity to deliver loans with more certainty. The statement must specify the income type, amount. If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to Retirement, Government Annuity, and Pension Income . Her previous roles included litigation partner at Jenner & Block and general counsel at Fannie Mae. Asset Requirements. Published August 3, 2022The new, user friendly Seller/Servicer Guide will make it significantly easier for you and your team to find, understand and share critical information. When income from temporary leave is being used to qualify for the mortgage loan, the lender must enter the appropriate qualifying income amount into DU based on the requirements provided in B3-3. GMWBs are designed to provide. 2-06, Fannie Mae Flex. Subpart B1: Loan Application Package. minus the Property’s. Each Lender must determine borrower and loan eligibility in accordance. When current lease agreements or market rents reported on Form 1007 or Form 1025 are used, the lender must calculate the rental income by multiplying the gross monthly rent (s) by 75%. 12 CFR 30, Appendix A, and 12 CFR 160. For additional information, see B3-3. rental income. Cash Value of Life Insurance and Debt-to-Income Ratios. Base Pay (Salary or Hourly) Income. The policy that permitted this type of income was eliminated in 2009. When a transfer of ownership occurs for a mortgage loan, obtaining the mortgage insurer’s approval is either. The DU validation service offers lenders an opportunity to deliver loans with more certainty. an IRS 1099 form. 25% Fannie. While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided. 501. 49% Total Loan Amount $205,0 0 0. For depository assets (checking and savings accounts, money market funds, and certificates of deposit), DU will require the following: two consecutive monthly bank statements (60 days of account activity) for all purchase transactions, or. equivalent to 25% of the non-taxable income to the borrower’s income. Immediate annuities are taxed as income when payments are received, while deferred annuities offer tax-deferred growth during the accumulation phase. Beware of scamsSelling Notice - Area Median Incomes 2023. November 1, 2023. 2 (b) for additional information about base non-fluctuating and fluctuating hourly earnings types. 01 or $-0. If income from a government annuity or pension account will begin on or before the first payment date, document the income with a benefit statement from the. There are five main types of pension annuities: fixed, variable, indexed, immediate, and deferred. However, Fannie Mae does allow certain exceptions to this policy for boarder income and properties with accessory units. These annuities are. While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are. Social Security, VA, or other government retirement or annuity. Funds needed to complete the. Fannie Mae mortgage originating and underwriting products are easy to use and designed to help you grow your business and meet your borrowers’ needs. Lender must document 3–year continuance. Income documentation as outlined in Form 710 based on income type. 1-09, Other Sources of Income in December 2020. To be eligible as a HomeReady mortgage, the total annual qualifying income may not exceed 80% of the AMI for the property’s location. (DU®), Loan Delivery, and the Area Median Income Lookup Tool over the weekend of June 10, 2023, with an effective date of June 12, 2023. Hourly. is employed by family members (two years’ returns); is employed by interested parties to the property sale or purchase (two years’ returns); Items required for a complete BRP : Form 710, or equivalent, that is completed in its entirety. 2 (d) for additional documentation that may be required based on employment characteristics. If the Net Monthly Rental Income is a “breakeven” amount, the user must enter either $0. The requirement to reduce the value of retirement assets consisting of stocks, bonds, and mutual funds by 30% when measuring the three-year continuance for. 1 The risk profile of this loan casefile appear s to meet Fannie Mae's guidelines. monthly income from annuities, insurance policies, retirement funds, pensions, disability or death benefits, rental income, and other income such as. Loan applications require a lot of paperwork. Temporary Leave Income. For additional information, see B3-3. 02 B Business Income (including Rental Value) Insurance. Lender must document 3–year continuance. Schmidt also oversees the company’s alternative asset investing and the hedging of variable annuity guarantees and chairs the Senior Asset Liability Committee. The lender must assess repayment or additional obligation considerations to determine the impact on borrower. These payments can be. Carlos T. . , ET. The borrower has the right to select the insurer of their choice to provide property insurance for the subject property, provided that the insurance meets Fannie Mae's requirements. *****income as long as the probability of such pay to continue is verified in writing. Determining. Be sure to consult your automated underwriting system response and program descriptions. Annually or for any specified period, the total Effective Gross IncomeEffective Gross IncomeOn an annual basis or any specified period, the total of Net Rental Income plus other income per Part II, Chapter 2: Valuation and Income, Section 202: Income Analysis and the applicable products and features in Part III. For additional information, see B3-3. the amount and duration of the borrower's “temporary leave income,” which may require multiple documents or sources depending on the type and duration of the leave period; and. Fannie Mae’s underwriting guidelines emphasize the continuity of a borrower’s stable income. Inflation -adjusted annuities are typically offered by. 3; and. Biweekly. Guide Resources. Employment-Related Assets as Qualifying Income. a copy of retirement award letter or benefit statement, a copy of financial or bank account statement, a copy of signed federal income tax return, an IRS W-2 form, or. First payment date: July 1. a copy of signed federal income tax return, an IRS W-2 form, or. 1, Employment and Other Sources of Income. Sources "B3-3. How Underwriters Calculate Income on Freddie Mac Asset Depletion Mortgages. The lender must obtain. interest and dividend income (unless other evidence that asset will be depleted) military income. The requirement to reduce the value of retirement assets consisting of stocks, bonds, and mutual funds by 30% when measuring the three-year continuance for retirement income was removed from the Selling Guide B3-3. CASH FLOW ANALYSIS (Fannie Mae Form 1084) Instructions. Obtain a copy of the borrower’s disability policy or benefits statement from the benefits payer (insurance company, employer, or other qualified disinterested party) to determine. Selling Guide Announcement (SEL-2020-07) Dec. Freddie Mac Form 65 • Fannie Mae Form 1003 URLA Effective 1/2021• Instructions Revised 10/2022 1e. Fannie Mae's declining bonus income refers to a specific policy within Fannie Mae's mortgage lending guidelines that focuses on the pattern of a borrower's bonus income over time. When the borrower owns property – other than the subject property – that is rented, the lender must document the monthly gross (and net) rental income with the borrower’s most recent signed federal income tax return that includes Schedule 1 and Schedule E. and monthly income from annuities, insurance policies, retirement funds, pensions, disability or death benefits, rental income. a. The lender must obtain. This verification can be provided by the borrower, by the borrower’s employer, or by a third-party employment verification vendor. If the lender enforces a maximum debt-to-income ratio of 36 percent, the maximum possible mortgage payment in this scenario is $2,350. If the retirement assets are in the form of stocks, bonds, or mutual funds, the account must meet the requirements of B3-4. All of the above calculations must be compared with the documented year-to-date base earnings. S. The total qualifying income that results may not exceed the borrower's regular employment income. If the asset (s) is jointly owned, all owners. If income from a government annuity or a pension account will begin on or before the first payment date, document the income with a benefit statement from the organization. 2-06, Fannie Mae Flex. Fannie Mae is updating this guidance to require that for Fannie Mae HAMP modifications, the servicer develop an “adjusted gross income” for. Refer to Selling Guide Announcement SEL-2012-13 for details. Are concerned about qualifying for. An annuity mortgage is a financial product that offers a regular and fixed repayment schedule, including both the principal and interest amount. Section 5303. Total verified liquid assets: $30,000. a copy of retirement award letter or benefit statement, a copy of financial or bank account statement, a copy of signed federal income tax return, an IRS W-2 form, or. 16, 2020 The Selling Guide has been updated to include changes to the following: Single-width manufactured. Examples of liquid financial assets that can be used for reserves include readily available funds in. The following table provides the requirements for employment-related assets that may be used as qualifying income. 101, Appendix. For additional information, see B3-3. Subpart B2: Eligibility. Chapter B3-4: Asset Assessment. If the retirement assets are in the form of stocks, bonds, or mutual funds, the account must meet the requirements of B3-4. This feature guarantees the annuity owner a minimum income stream, regardless of market conditions, by allowing them to withdraw a fixed percentage of their investment each year without depleting the principal. A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. An ordinary annuity is a financial product that can provide a predictable and consistent income stream over a set period. This applies for a one-unit property in an amount up to 30% of the total gross income that is used to qualify the borrower for the mortgage if the boarder. In this case, add the $200,000 and $700,000 together. 1 The risk profile of this loan casefile appears to meet Fannie Mae's guidelines. Note: Ask Poli is an Artificial Intelligence powered search tool. For mortgages originated for sale to the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation. Temporary leave income: $2,000 per month. Fannie Mae guidelines. Lenders must verify this income and ensure it will continue for at least three years from the date of the mortgage application. The Fannie Mae guidelines allow borrowers to use retirement income, such as pensions, Social Security benefits, and distributions from retirement accounts like 401 (k)s or IRAs, for mortgage qualification. Fannie Mae on Wednesday released its October 2023 update to its Selling Guide, aiming to reflect changes in the mortgage industry, its surrounding regulatory environment and Fannie Mae policy. Why were the Fannie Mae Income Limits 2023 adjusted?Fannie Mae customers! Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. Documenting Rental Income from Property Other Than the Subject Property. Fannie Mae may revoke these limited permissions by written notice to any or all Fannie Mae-approved users. It can be a useful tool for budgeting, meeting financial obligations, and planning for retirement. When income from temporary leave is being used to qualify for the mortgage loan, the lender must enter the appropriate qualifying income amount into DU based on the requirements provided in B3-3. Example. Borrowers whose qualifying income is greater than 50% and is less than or. If the source of your income is not listed, ask your Lender for guidance. Example. Launch Ask Poli for Sellers . d. the lender must evaluate it according to Fannie Mae’s guidelines for income received from a partnership or an S corporation. This field is located in the Underwriting section of the Loan Detail screen in Loan Delivery.