Document Phases

The options in the Select a Phase selection list will display various expanders and questions based on your selection. The following list summarizes the displayed information for each option.

Application Documents


  • CAPLine Program: This question pertains to CAPLine loan transactions and is designed to identify the specific type of CAPLine transaction involved. Values are:
    • Working Capital
    • Builder
    • Contact
    • Seasonal

    This question is required for E-Tran processing.

  • Change of Ownership Transaction: Checking this box indicates that the transaction is a change of ownership and will generate the Change of Ownership Guidance document.
Authorization Documents
The Authorization Phase for Express loans does not offer options. However, you can view and edit the selected document and its fields by clicking on DATA FILL-IN.
Closing Documents
  • Form 601-Compliance Agreement for Construction Loan Required: Selecting this checkbox indicates that the loan is for Construction, which will generate Form 601.
  • Other collateral-related questions may appear as well.
Post-Closing Documents (not applicable to 504 transactions)
  • 2237-Post Approval Action Checklist: Checking this box generates Form 2237.
  • Guaranteed Interest Being Sold: Checking this box generates Form 1086-Secondary Participation Guaranty.
  • Transfer of Participation Agreement is Required: Checking this box generates the Transfer of Participation Agreement.