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Setting Escrow Fees Parameters

Complete the following steps to establish escrow fee parameters.

  1. Select Setup > System Setup > Fees.
    The system defaults to the Fees tab.

  2. Select the Escrow Fees tab.
    A range of escrow fees appears.

  3. Select the Edit icon for the associated escrow fees parameter (Description).
    A Fees screen displays the escrow fee Description, Product, Hud#, and Escrow/Insurance Type.

  4. Select the Escrow/Insurance Type from the drop-down menu.
    Note The insurance types are values set up in the core system.
  5. Select Save.