Comakers

Use the Comakers function under the Borrower Services tab to add, update, or delete comaker information associated with a borrower. When you select this function, a listing of the borrower's comakers is displayed. Select any of these by clicking on the Magnifying Glass icon. Once you select a comaker, you can update or delete the data.

Add Comaker Data

To add a new comaker record for a borrower, click the Add icon located in the Function Bar. Enter the reference information into the appropriate fields. The following fields (marked with an asterisk on the data entry screen) are required for entry:

·         SSN (Social Security Number)

·         First Name

·         Last Name

Click on this link: Data Entry and Edit Guidelines to review information pertaining to what values may be entered into the various fields on the Comaker Information entry form.

Click on the Reset icon to restore the data entry form to its initial (blank) state. Any data that was entered in the form will be erased from the display.

Click on the Save icon to save the new data. To exit this process without saving the comaker information, simply close the pop-up window.

Comaker Addresses

When new comaker information is saved, you will be given the opportunity to enter their address information. At any point, you can view and/or update existing comaker address information by clicking on the Address icon.   When this icon is clicked, a new pop-up window is displayed that contains a listing of the current and past addresses for the comaker. This window works the same way as Borrower Addresses function does. See the  Addresses help topic for a detailed description of this function, including data entry guidelines.

To exit this process without saving the address information, simply close the pop-up window.

Update a Comaker

To revise or update existing comaker information, select the desired comaker by clicking on the Magnifying Glass icon located to the left side of the appropriate Comaker. When this icon is clicked, a new window is opened. Update the borrower's comaker information by entering or revising data in the appropriate fields. The following fields (marked with an asterisk on the update screen) are required for entry:

·         SSN (Social Security Number)

·         First Name

·         Last Name

Click on this link: Data Entry and Edit Guidelines to review information pertaining to what values may be entered into the various fields on the Comaker Information update form.

Click on the Reset icon to restore the update form to its initial state. Any fields that were modified or updated by the user will be restored to the value that was displayed when the update form was first opened.

Click on the Save icon to save the new data. To exit this process without saving the comaker information, simply close the pop-up window.

Delete a Comaker

Note: A comaker cannot be deleted if they are currently associated with one or more borrower loans. The comaker must be removed from all loans before they can be deleted.

To delete a comaker record, select the desired comaker by clicking on the Magnifying Glass icon located on the left side of the appropriate Comaker. When this icon is clicked, a new window is opened. To delete the displayed comaker, click on the Delete icon. Click on the OK button to acknowledge the delete. The Comaker List will be updated to reflect the deletion. Any address records associated with the comaker will be deleted as well.

To exit this process without performing the delete action, simply close the pop-up window.