General. The escrow calculator is one of the sections of the loan setup. It can also be accessed in Loan Settings > Escrow inside a customer account. The escrow calculator is designed to help you com…
Sales Tax (Escrow Percentage Fixed)
General. There is more than one way to add sales tax to a loan or lease, but this article specifically addresses adding sales tax through escrow using the percentage-fixed calculation to determine ho…
Create a New Escrow Transaction Category
This article explains how to create a escrow transaction category in LMS.
Complexity:. Audience: Loan Servicer or Collector, Upper Management, Accounting, Loan Servicing/Collections Managers, Administrator Introduction. Suppose you're a a mortgage lender, and you issue a l…
Create a New Escrow Transaction
This article explains how to create a new escrow transaction in LMS.
Escrow Estimated Disbursements
General. Estimated disbursements are the estimated payments you will have to make from the money you collect in an escrow account. Estimated disbursements are used in escrow analysis. How To. To crea…
Update Escrow Account Settings
This article covers the configuration options available for escrow buckets.