Navigating the Mortgage Screen (NS)
Mortgage Button
The Mortgage screen is used to add new mortgages to the file. Any existing mortgages on title are handled via the Issues screen.
Lender selection
The first field that should be completed when adding a mortgage is the Lender, using the ellipsis button.
Note: The selected Lender affects what Type of Mortgage can be chosen.
The ellipsis button will open the Mortgage Lender Database.
The Mortgage Lender Database separates the lenders into two categories based on whether the lender is a confirmed TitlePLUS lender or not. Any lender listed under TitlePLUS Confirmed Lenders is a lender who accepts TitlePLUS policies, notwithstanding any absence of a reference to TitlePLUS title insurance in their instructions. If the lender is not listed under TitlePLUS Confirmed Lenders, see if it is listed under Other Lenders (or add it).
Click on the plus icon beside the name of the mortgage lender to expand the list of branches. The branch name you are hovering over will be highlighted.
You have two options for adding a lender to your file: adding a new lender branch or editing an existing lender branch.
Method 1: Add a New Lender
Click on the blue Add… link under your selected lender. Enter the mortgage lender branch information in accordance with the instructions from the mortgage lender. After your changes, click Save to add the branch to the firm’s database.
The branch of the mortgage lender you added will be added to the list for that mortgage lender.
Method 2: Editing an Existing Branch in the Lender Database
If you want to edit a branch entry, click the blue pencil (beside the trash bin icon). This will open the current branch information in a popup for editing.
Note: The blue trash bin icon will delete the branch entry from the Mortgage Lender Database. Caution - this action is not recoverable.
The lender’s name and mortgage position will appear.
Note: If you need to add more than one mortgage, click the Add tab to include additional mortgages.
Select Type of Mortgage
RealtiWeb includes the capability to pre-populate some of the Charge Provisions and Schedules for selected mortgage lenders, as well as bank forms such as request for funds and report to lender.
After selecting the lender, select a Type of Mortgage by clicking on the ellipsis button to the right of the Type of Mortgage field. In this example, we will be selecting Residential Variable Mortgage.
The Select Mortgage Type box opens. Click on the type of Charge/Mortgage in accordance with the instructions from the mortgage lender.
The applicable provisions will be pre-populated (if available).
Enter the rest of the mortgage details in accordance with the instructions from the mortgage lender.
Calculating Mortgage Advance
Click the edit button next to Mtg Adv $ to open up a blank version of the window. Enter the applicable fees and their amounts. By default, Debit is selected.
Click Set Advance to update the Mtg Adv field on the previous screen and close this window. If the above is unknown, you may also type the Mtg Adv directly into the Mtg Adv field.
Add a Mortgage Schedule
To add a Charge/Mortgage Schedule, hit Click here to go to Lender Schedules, then the Add button (on the popup that appeared).
If there are available schedules, you are able to click on the ellipsis button to start selecting a schedule from the list. If the ellipsis button is not shown, click on the text underneath the e-reg PDF button and either type or paste the schedule.
Click on the ellipsis button to open the following list of possible provisions that have been programmed. Select the one you want by clicking on it. The selected Schedule will appear on the screen.
Note: Any empty data fields (a.k.a. grey boxes) need to be completed. When possible, RealtiWeb will populate fields.
After entering the Charge/Mortgage provisions in accordance with the instructions from the mortgage lender, click Close at the bottom of the Schedule.
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Billing, Accounting Integrations, Admin Functions & Reports
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Province-specific information for AB clients
Province-specific information for BC clients
Province-specific information for MB clients
Province-specific information for ON clients
Province-specific information for NS clients
Province-specific information for SK clients
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