Finance

The Finance tab tracks all housing expense-to-income and debt-to-income ratios. Debts and additional financing sources are also tracked in this screen.

See the section titled Finance in the technical portion of this guide for further information.  

Adding a Debt

1. Click the Add button below the Debts grid in the Finance tab.

2. Enter all necessary information, such as the debt sequence in relation to other debts, the type and balance of the debt, and the monthly payment due.

3. Click the OK button when finished.

NOTE: If this debt is housing-related, the debt expense is displayed in the Housing Expense-to-Income ratio fields. If it is not housing-related, the debt expense is reflected in the Debt-to-Income ratio fields.

Editing a Debt

1. Click on the debt to be edited in the Debts grid.

2. Make the necessary changes.

3. Click the OK button to save the information.

Deleting a Debt

1. Select the debt to be deleted from the Debt grid in the Finance tab.

2. Click the Delete button below the Debt grid.

Once the debt is deleted, changes are reflected in the Housing Expense-to-Income and Debt-to-Income fields, as applicable.

Adding an Additional Financing Source

1. Click the Add button below the Additional Financing grid in the Finance tab.

2. Select the financing source and enter the amount.  

3. Click the OK button to save the information.

Editing an Additional Financing Source

1. Select the source to be edited in the Additional Financing grid.

2. Make the necessary changes.

3. Click the OK button to save the information.

Deleting an Additional Financing Source

1. Select the additional financing source to be deleted from the Additional Financing grid.

2. Click the Delete button below the grid.