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How to edit an existing GTM modification in a loan?

This article discusses how to edit an existing GTM modification in a loan.

You are only allowed to make changes to unapplied modifications. The edit Edit and delete Delete buttons are disabled if the modification has been applied.

To edit a GTM modification record:

  • Click on running Loan Servicing in the left panel of The Mortgage Office®.
  • Click the Loans drop-down.
  • Click on All Loans. 
  • From the All Loans grid, select the loan you want to modify.

TIP: If the record you want to edit is not visible, use the grid's vertical scroll bar to scroll the contents of the grid up or down, or click FindSearch icon box Find to search for the record by entering your own search criteria. For additional information see How to use find and How to use the data grids.

  • Click edit from the options available on the top panel or double-click on the item.
  • Click on the Terms from drop-down on Borrower page- Terms tab in the left panel of the loan. 
  • Click on the GTM tab. 

TIP: Before you have access to the Graduated Term Mortgage (GTM) tab, you must first let the system know this is a Graduated Terms type loan. To do this, select GTM-Graduated Terms in the Rate Type drop-down menu located in the Options tab in the Terms page of the loan file.

  • From the grid, select the modification record you want to edit.

  • Click edit from the options available on the top panel or double-click on the record you want to edit to open the Edit Modification dialog window.

  • Change information as needed.

Note: Some fields may be disabled depending on whether the box to the left of the field has been checked or not. For more information, see How to add GTM modifications.

  • Click OK OK to save the changes or click Cancel to abort.

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