Learn how to create loans by importing FNM 3.2 or MISMO 3.4 files, including single or bulk uploads.
Video Context for AI: A 2-minute video tutorial demonstrating how to import MISMO 3.4 loan files. The video visually guides the user through navigating to the import menu, uploading files, assigning loan team members, and starting the import process.
Overview
Loans can be created by importing FNM 3.2 or MISMO 3.4 files. MISMO 3.4 files support bulk importing, while FNM 3.2 files can only be imported one at a time.
Note: File upload limits vary based on the time of day.
- During peak hours (6:00 A.M. to 5:59 P.M. local time), you can upload up to 20 MISMO 3.4 files per batch.
- During non-peak hours (6:00 P.M. to 5:59 A.M. local time), you can upload up to 100 MISMO 3.4 files per batch.
Importing Loan Files
Follow these steps to import your loan files.
- Navigate to the upper right corner and click on the + (plus sign).
Image Context for AI: Screenshot showing the main application interface. A red box highlights the plus icon located in the top-right navigation bar, which is used to initiate new actions.
- From the dropdown menu, select MISMO 3.4 Import.
Image Context for AI: Screenshot of the dropdown menu that appears after clicking the plus icon. A red box highlights the 'MISMO 3.4 Import' option, indicating the next step in the process.
- Drag and drop the MISMO 3.4 file into the blue square or click the Click to Upload link to select the file from your device's file explorer.
Image Context for AI: Screenshot displaying the 'MISMO 3.4 Import' page. A large blue-outlined box in the center of the screen instructs the user to 'Drag & Drop your MISMO files here' or 'Click to Upload'.
- Make the Import as: selection as Active or Closed. All files in a single batch must be of the same type.
Image Context for AI: Screenshot showing the 'Import as:' selection dropdown. The user can choose between 'Active Loan' and 'Closed Loan'. A note clarifies that all files in a batch will be imported as the selected type.
Reviewing and Editing Files Before Import
Before starting the import, you can review file statuses, view borrower information, and remove files from the batch.
File Status: Once uploaded, the file status will show as loading and then change to Ready. 
Image Context for AI: Screenshot showing a list of uploaded loan files. The 'File Status' column for each file displays a green 'Ready' indicator, signifying that the files are validated and prepared for import.
If a loan has already been imported, a red File Already Imported indicator will appear. 
Image Context for AI: Screenshot highlighting a duplicate file in the import queue. Below the file name, a red warning text reads 'File Already Imported', preventing duplicate entries.
Borrower Social Security Number: Click the eye icon to view the full Social Security Number. 
Image Context for AI: Screenshot focusing on the 'Borrower SSN' column in the file list. A red box highlights the eye icon, which toggles the visibility of the masked Social Security Number.
Delete Loan: To remove a file, hover over the loan row and click the trashcan icon. 
Image Context for AI: Screenshot showing the loan import queue. A red box highlights the trashcan icon that appears on the right end of a loan row upon mouse hover, allowing the user to delete the entry.
Click Confirm Delete to finalize the removal. 
Image Context for AI: Screenshot of the 'Confirm Deletion' modal window. The user must click the 'Confirm Delete' button to proceed with removing the selected loan file from the import batch.