How to reverse a voucher in a construction loan?
This article discusses how to reverse a voucher in a construction loan.
You can reverse a voucher from the loan file or from Tasks & Reports.
To reverse a voucher from the loan file:
- Click on
Loan Servicing in the left panel of The Mortgage Office®.
- Click the Loans drop-down.
- Click Construction below All Loans from the menu located on the left of the window.
- From the grid, select the record 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 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
from the options available on the top panel or double-click on the record to open it for editing.
- Click
Terms from the list located on the left of the window and select the Construction Tab.
- Click the Vouchers tab.
- Select the voucher you want to modify.
- Click the
Actions drop-down.
- Choose Reverse Voucher.
- Click
Yes to continue.
- Click
to close the window.
To reverse a voucher from Tasks & Reports:
- Click on
Loan Servicing in the left panel of The Mortgage Office®.
- Click Tasks & Reports.
- Under the Construction Loans section, click Enter/ Edit Vouchers (Draw Requests).
- Click the
Actions drop-down.
- Click Reverse Voucher.
- Click
Yes to continue.
- Click
to close the window.
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