Point User Guide 97Entering mortgage type and loan termsEntering mortgage type and loan termsTo enter the mortgage type and loan terms:1 Open page 1 of the Loan Application and go to Section I. Type of Mortgage andTerms of Loan.2 Enter the Agency Case No and Lender Case No.The agency case number is required for government loans, but is not required by alllenders.The lender case number does not apply for all loans. However, when it is applicable, itis required for submission.3 Specify the loan type, lien position, and amortization type.Unless otherwise selected in the Borrower Information or Prospect Informationscreen, the following default options are preselected:• Conventional mortgage• First lien• Fixed Rate loan4 If not already specified, complete the Purchase Price, Loan Amount, Note Rate, QualRate, and Term Due In fields.
