HELOC Fee Mapping

Whether you print HELOC documents with ConformX or ConformX Desktop, you can save time and improve accuracy by establishing default fee values, also known as mapping fees. Mapping fees assigns each fee a HUD fee line, a value, a description, and a category on the Assignment. You can map fee values for any HELOC program in ConformX and ConformX Desktop and then adjust the fee amounts before printing the loan documents.

To map HELOC fees:

1. From the ConformX Admin menu, click the HELOC Fee Mapping link
2. Select an investor from the drop-down box

   Note: All HELOC investors offered by DocuTech are available on this list, select only the investors that apply to your institution.

3. Depending on which investor you select, you may need to specify a program, a state, or both. Select the program and state as required for the HELOC program
4. Once the appropriate investor, program and state is selected, you'll be presented with the HUD Fee Line options and the Assignment Categories available for the HELOC program. For example, these are the default fees listed for a Wells Fargo HELOC...

Notice the Defined Fee and HELOC Fee Description columns have information already inserted for some fields and cannot be edited. These fee descriptions are 'hard-coded' on the documents, cannot be adjusted, and comply with the investor guidelines outlined by Wells Fargo.

1. For each HUD Fee Line imported from your LOS, assign it to a Category and enter a HELOC Fee Description

   Note: Start with the Defined Fees first to eliminate the chance of mapping a fee to hard-coded field.

2. Once the HUD Fee lines are complete, continue to the Important Terms section

Many HELOCs have Important Terms documents that are required for proper disclosure. Generally, a fee amount or percent is necessary for each category.

To map Important Terms

1. Enter the amount or percent for each category
2. Click the Save button to apply your HELOC Fee Mapping or the Cancel button to discard all changes.