Inside A Deal
This section covers actions and aspects that happen inside your deal file.
App Sections
Mortgage Requests
This guide will teach you how to add a mortgage request, or to remove one from your file. Copy a Deal Submitting to Lenders not on Scarlett Mortgage ...
Understanding Liabilities
Appropriate handling of the tradelines and debts in the Liabilities section is required so that your lender receives a file with the correct TDS and a...
Adding, Removing & Moving Applicants
One of the great features of Scarlett Mortgage is the ability to quickly and easily add, remove & move applicants within deals, without having to manu...
Request Review
The Request Review function gives you the ability to send a completed application, or partially completed application, to an applicant to review, edit...
Scarlett Genius in-Deal Placement
Scarlett Genius provides file analysis right within the deal where you're already working. No Need to copy deal criteria to another program. With acce...
Client Consent & Application Source
When an application is submitted by a client through a Scarlett Mortgage online application, consent is automatically logged to the deal. There may be...
Non-Subject Properties
How do you handle non-subject properties in Scarlett? There are several different ways that lenders consider non-subject rental properties and rental ...
Autopopulate Property Data with Opta
Having accurate property data can speed your lender decisions and improve your chances for auto-valuation (AVM) success, reducing the number of apprai...
Services
Issues with Credit Liabilities
This article contains some FAQ about liabilities and copying liabilities from the credit bureau. Understanding Liabilities Did you pull a credit burea...
Request a Value Connect Appraisal
This guide provides step-by-step instructions on how to submit a new Value Connect appraisal request directly from within your deal. By following thes...
Credit Pull Problems
If when you attempt to pull credit you are stopped at this screen, because you do not have names in the account drop down, this means you have not bee...
Request an FNF Appraisal
This guide provides step-by-step instructions on how to submit a new FNF appraisal request directly from within your deal. By following these steps, y...
Offering Mortgage Protection Plan (MPP)
Manulife Mortgage Protection Plan (MPP) is integrated into Scarlett Mortgage so that you can generate an option for MPP for your clients within the de...
Lender Submissions
Submitting to Lenders not on Scarlett Mortgage
At times you may need to submit a deal to a lender who is not on the drop-down list of available lenders in Scarlett Mortgage. This guide will show yo...
Submit a Deal & Manage Lender Responses
Tracking the lender responses on a file is required for timely action on a deal, correct generation of documentation, and compliance handling. This gu...
Available Lenders
Scarlett Mortgage connects to the lenders over either the Filogix (Expert) or Newton (Velocity) highway, depending on your network affiliation. The le...
Documents & Forms
Customize & Generate Forms
You will need to generate forms and disclosures for your mortgage application. Scarlett Mortgage has this ability embedded into the Documents & Forms ...
Sending Document Requests (Manual & Automatic)
One of the great features within Scarlett Mortgage this ability to automate sending document requests to your clients. Customizing Auto-Doc Settings 1...
Customizing Auto-Doc Settings
This guide provides step-by-step instructions on how to customize auto document settings, and how to create new document types to request. By followin...
Organize Files & Send Documents
(Coming Soon)
Upload Documents
(Coming Soon)
Create & Send Documents for E-Signature
(coming soon)
Request & Receive Bank Statements from your Clients
(Coming Soon)
Disclosing Concurrent Mortgages
Creating disclosures for a mortgage that has two components (example: a fixed mortgage and a HELOC) can be challenging. Scarlett Mortgage has a specia...
How to Add & Remove Documents in a Document Request
This guide provides step-by-step instructions on how to add and remove documents in a document request. It explains how to add multiple documents at o...
Deal Functions
Copy Deal to Filogix Expert
Scarlett Mortgage is a full origination system and you can submit your files directly to lenders through the platform. There may be times when you nee...
Deal Validation
Validating your deal is an important step in ensuring the information being sent to the lender is accurate and complete. Within this guide we will dis...
Change a Deal Status
Many deal statuses are updated automatically by actions you take within the system, or responses that are returned by your lender (pending, approve, d...
Co-broker a Deal in Scarlett Mortgage
There are times when you need to send a copy of your file to another agent. You can use the Co-Broker option in Scarlett Mortgage to send a copy of yo...
Copy a Deal
There are times when you need to copy a deal in Scarlett Mortgage. If you are doing another deal for a repeat client, often agents prefer to copy the ...