7.8.8 Multiple Offers sub tab

When you click Select Pricing on the Decision tab’s Pricing section, multiple offers appear on the new Multiple Offers sub page. Use the Multiple Offer sub page to select the offer you want to use.

Note:

The Multiple Offers sub tab will be enabled only if the Multioffer company parameter is set to Yes.
To view multiple pricing offers
  1. Open the Underwriting screen and load the application you want to work with.
  2. Click Decision, then click the Multiple Offers sub tab.
  3. If you are underwriting a Loan, view the following information on the Multiple Offers sub:

    Table 7-36 Multiple Offers

    Field Do this
    Pricing View the pricing.
    Term Specify the approved term.
    Rate Specify the approved rate.
    Pmt Amt Specify the approved payment amount.
    Index View the approved index.
    Index Rate View the approved index rate.
    Margin Rate Specify the approved margin.
    Maturity Index Specify the approved maturity index.
    Maturity Rate Specify the approved maturity rate.
    Accepted If selected, indicates that the pricing is accepted. Only one of the current pricings can be accepted.
    Current

    If selected, indicates that the pricing is current.

    Note: All the available pricings are selected as current.

  4. On the Multiple Offers sub tab, select the offer once the application is move to Approved status.