What fields are needed in Encompass to select “FHA Streamline” in Optimal Blue?

To select FHA Streamline in Optimal Blue, the following fields in Encompass should be marked as noted below:

 

  1. Purpose of Loan (19) to “No Cash-Out Refi”
  2. Purpose of Refinance (299) to “No Cash-Out FHA Streamlined”
  3. Refinance Type (MORNET.X40) to “Streamline With/ Without Appraisal”
  4. Documentation Type (MORNET.X67) of “Streamline Refinance”
  5. Loan Type (1172) of “FHA” checked

Note: It is recommended that the Loan Purpose field in Optimal Blue is read-only/locked down.

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