44 Calyx SoftwareUtilities configuration6 Click OK.Creating dropdown listsThe Dropdown Lists options are used to create default dropdown lists that you can selectfrom when completing the loan application. Create custom dropdown lists to save timewhen you work with frequently-used information. You can enter your branch locations,employee names, and vendors that you work with regularly. You can also create dropdownlists that contain tax and insurance rate options.For example, the Representative list would contain a list of the loan representatives withinyour organization; the Taxes list would contain a list of rate options to use to calculate theproperty taxes.You can create the following types of lists:• Representative names• Processor names• Underwriter names• Document preparer names• Closer/Funder names• Shipping companies• Adjustment type• Manner in which the property is held• Employee titles• Branch office names• Regional office names• Division office names• Team names or departments• Special document types processed• Property, city, and state tax rates• Hazard insurance types• Mortgage insurance fees• User-defined fees• Cardex categoriesRelated informationFor more information about the Acknowledgement and Agreementsection, refer to the Uniform Residential Loan Application on the FannieMae web site.NoteThe Adjustment Type and Manner dropdown lists contain default valuesthat are shipped with Point. You can add, edit, and remove options fromthese lists as needed.