Overview
You add new contracts to manually board loans into your portfolio for active tax monitoring and reporting. Establishing new contract records ensures immediate coverage and tracking of borrower payment schedules.
Steps
Navigate to the Loans page.
Click Add New Contract.
Complete the required Loan Data fields: Loan type, Loan number, Service type, Loan amount, and Loan term.
Add the Borrower's Last and First name.
Add the Property Address associated with the loan.
If applicable, upload any supporting legal documents.
Click Submit.
Review the information and click Confirm to add the new contract.
Outcome
You have manually added a new contract to the system. The loan record is created immediately, and you can now manage active tax monitoring and reporting workflows.