To select FHA Streamline in Optimal Blue, the following fields in Encompass should be marked as noted below:
- Purpose of Loan (19) to “No Cash-Out Refi”
- Purpose of Refinance (299) to “No Cash-Out FHA Streamlined”
- Refinance Type (MORNET.X40) to “Streamline With/ Without Appraisal”
- Documentation Type (MORNET.X67) of “Streamline Refinance”
- Loan Type (1172) of “FHA” checked
Note: It is recommended that the Loan Purpose field in Optimal Blue is read-only/locked down.