Closing Disclosure (10)
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Screen ID: Screen Title: Panel ID: |
UMTCLDSC-10 Closing Disclosure 5707 |
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This screen appears when you continue from the previous screen.
Screen Overview
This is the tenth in a series of screens used to “capture” the data required to print on the Closing Disclosure. The data entered on this screen is printed in the Loan Disclosures section on page 4 of the Closing Disclosure.
Use Continue to proceed to the next screen.
Field Descriptions
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Field Name |
Description |
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Loan Disclosures |
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| Assumption |
Enter a description of all payoffs and payments to be made with the proceeds of this loan. Depending upon your forms provider’s exact layout up to 15 items can be disclosed. |
| Demand feature |
Check the appropriate box for the “Demand Feature” statement |
| Partial payments |
Check the appropriate box regarding partial payments |