View 5c: Current Page/Current Detail (Part Three)

Refinance Program Identifier [ID 451] (conditionally required for refinance)

Select the refinance program associated with the loan. Options include:

  • Enhanced Relief Refinance: Select Enhanced Relief Refinance for Enhanced Relief Refinance Mortgages with Note Dates on or after 10/1/2017.

  • Refi Plus

  • Relief Refinance Open Access: Lenders may continue to originate 'Relief Refinance Open Access' or 'Relief Refinance Same Servicer' for loans with Application Received Dates on or before December 31, 2018 and Settlement Dates on or before September 30, 2019.

  • Relief Refinance Same Servicer: Lenders may continue to originate 'Relief Refinance Open Access' or 'Relief Refinance Same Servicer' for loans with Application Received Dates on or before December 31, 2018 and Settlement Dates on or before September 30, 2019.

  • Streamlined Relief Refinance

  • Texas Equity: Select Texas Equity for Texas Equity Section 50(a)(6) Mortgages.

Convertible Status Type [ID 354] (conditionally required if loan has a convertible characteristic)

Select whether the mortgagor has exercised the option to convert the ARM loan to a fixed rate loan. Options include:

  • Active

  • Exercised

  • Expired

Loan Buyup/Buydown Type [ID 387]

Select the type of buyup or buydown elected to exercise for the mortgage. Options include:

  • Buydown

  • Buyup

  • Buyup Buydown Does Not Apply

Loan Buyup Buydown Basis Point Number [ID 386]

Enter the number of basis points of loan-level buyup/buydown for the mortgage. Enter the value as an integer. The system will divide the value by 10, which will insert a decimal point one place from the right of the number. Example: For a value of 4.5 basis points, enter 45 and the Loan Selling Advisor will insert a decimal between 4 and 5.