Plan codes in Encompass

Plan codes refer to the set of codes used by Encompass to identify the specific loan program or product being used for a particular mortgage loan. Plan codes can acts as specific loan product configurations which can be used to standardize the loan origination process and ensure that loans are being processed in accordance with the lender’s policies and regulatory requirements.

Plan codes are of two different types:

• eDisclosure Plan Codes
• Closing Doc Plan Codes

eDisclosure Plan Codes

• eDisclosure Plan Codes are the set of plan codes an organization will use when generating initial disclosures (i.e., eDisclosures).
• When users generate initial disclosures, they will select one of these plan codes and apply its loan program data to the initial disclosures.
• Here, the users can select from a list of generic plan codes or create their own alias (of generic plan codes) and custom plan codes.

Adding generic eDisclosure Plan Codes within Encompass

1. On the menu bar, click Encompass, and then click Settings.
2. On the left panel, click Docs Setup, and then click eDisclosure Plan Codes.
3. Click the New icon.
4. At the top of the Select Plan Code window, select Generic from the drop-down list.

• • A list of generic loan programs is displayed.
  • Select the Show already added plan codes check box to identify the plan codes that have already been added and are available to users to select from when ordering eDisclosures. (The already added plan codes will be greyed-out in the list).

5. To view details about the loan program, including the values that will be added to the loan file if selected, select the loan program, and then click the View Plan Code Details icon.
6. To add the program to the company’s plan codes list that users can select from when generating initial disclosures, click to select one or more plans, and then click Add.
7. Click Yes to confirm the addition of the plan to your company’s plan code list.

• • The program is added to the Company Plan Codes list.

8. To add additional plans to your company’s plan codes list, repeat steps 4 through 7.

• • To add one or more programs to your company’s plan codes list at the same time, press Ctrl on your keyboard, and then click to select the programs to add.

Closing Doc Plan Codes

• Closing Doc Plan Codes are the set of plan codes an organization will use when ordering closing documents.
• When users order closing documents, they will select one of these plan codes and apply its loan program data to the closing documents.
• Here they can select from a list of investor-specific plan codes or create your own custom plan codes.

Adding generic Closing Plan Codes within Encompass

1. On the menu bar, click Encompass, and then click Settings.
2. On the left panel, click Docs Setup, and then click Closing Doc Plan Codes.
3. Click the New icon.
4. At the top of the Select Plan Code window, select an investor from the drop-down list.
   • A list of loan programs provided by the investor is displayed.
   • Select the Show already added plan codes check box to identify the plan codes that have already been added and are available to users to select from when ordering closing documents. (The already added plan codes will be grayed-out in the list).
5. To view details about the loan program, including the values that will be added to the loan file if selected, click the View Plan Code Details icon.
6. To add the program to your company’s plan codes list that users can select from when ordering closing documents, click to select one or more plans, and then click Add.
7. Click Yes to confirm the addition of the plan to your company’s Plan Code list.
   • The program is added to the Company Plan Codes list.
8. To add additional plans to your company’s plan codes list, repeat steps 4 through 7.

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