116 Calyx SoftwareLoan ApplicationTo enter declarations:1 Open page 4 of the Loan Application and go to Section VIII. Declarations.2 Enter Y or N to all questions for both the borrower and co-borrower.Except for questions j and k, all Yes responses require an explanation. Click theDeclaration Explanations button at the bottom of the workspace to access theDeclaration Explanations dialog box.3 Enter an explanation for all Yes responses in the borrower or co-borrower Explanationfields and click Close when finished.Printing the Acknowledgement and Agreement clauseThe following acknowledgement and agreement clause is located in Section IX.Acknowledgement and Agreement of the Loan Application.This section is not included in the Point interface. However, you can specify that thestatement print with the Loan Application.“Right to Receive Copy of Appraisal: I/We have the right to a copy of the appraisal reportused in connection with this application for credit. To obtain a copy, I/we must sendcreditor a written request at the mailing address creditor has provided. Creditor must hearfrom me/us no later than 90 days after creditor notifies me/us about the action taken onthis application, or I/we withdraw this application.”TipIf you are using a master file, enter Y for all of the responses to avoidrepetitive data entry. If the borrower has any no responses, change the Yto an N when you complete the loan application.
