entering a loan into openclose
DESCRIPTION
Entering a Loan into OpenClose. OpenClose is a web based program that can be access from any computer. Login to OC by going to https://www.heritageoc.com/ Input User name and password Opening screen will appear. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/1.jpg)
Entering a Loan into OpenClose
![Page 2: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/2.jpg)
OpenClose is a web based program that can be access from any computer
• Login to OC by going to https://www.heritageoc.com/
• Input User name and password• Opening screen will appear
![Page 3: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/3.jpg)
• To enter a new loon, select “new Loan entry” from the “Add a Loan” section on the left side of the screen
![Page 4: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/4.jpg)
• Complete the information on the “Borrowers” screen. Red asterisk fields are required:
This section is only for married co-borrower
![Page 5: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/5.jpg)
• Choose the destination you would like for the loan to open and hit the “Save New Loan” button.
![Page 6: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/6.jpg)
Completing the 1003• If the destination selected
on the previous step was 1003, OC will open in the 1003 section. If not, in order to access the 1003, you will need to go to the “Loan Actions” drop down menu and select “Edit 1003”
![Page 7: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/7.jpg)
• The 1003 screen looks like this
![Page 8: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/8.jpg)
• Each section has it’s own tab at the top
• Click on each tab to complete all sections of the loan application
![Page 9: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/9.jpg)
Types & Terms Tab
![Page 10: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/10.jpg)
Property Tab
![Page 11: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/11.jpg)
Borrower Info Tab
![Page 12: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/12.jpg)
Borrower Info continuedDetails Tab
![Page 13: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/13.jpg)
Employment Tab
![Page 14: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/14.jpg)
Income Tab
![Page 15: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/15.jpg)
Housing Expense Tab
P&I will auto populate once all details are provided
![Page 16: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/16.jpg)
Housing Expense Tab continued
![Page 17: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/17.jpg)
Housing Expense tab continued
![Page 18: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/18.jpg)
Assets tab
![Page 19: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/19.jpg)
Assets tab continued
![Page 20: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/20.jpg)
Assets tab continued
![Page 21: Entering a Loan into OpenClose](https://reader036.vdocument.in/reader036/viewer/2022062305/56815f43550346895dce1ebf/html5/thumbnails/21.jpg)
Liabilities tab