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MIP Amount Showing as Financed

How to Remove the MIP Amount Showing as Financed

Updated over 11 months ago

MIP is currently showing as being financed. The borrower would like to pay for 100% of this upfront at closing. We do not want the amount financed and it is not giving the broker the option to change the field.

Go to the Edit 1003 tab

Lender Loan Information Tab

Scroll down to Qualifying The Borrower

Remove the highlighted field below
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