A variety of different purchase credits can be added to a loan via loan > Loan & Property Info > Purchase Credits. The Purchase Credits section is where you can enter Earnest Money Deposits, Seller Credits, etc. 



1. Navigate to the loan > Loan & Property Info




2. Scroll down to locate the Purchase Credits section. 




3. In the Purchase Credits section, click +Add




4. By default, the credit type will be set as Earnest Money Deposit



If needed, click Earnest Money Deposit to select another Credit Type


Credit Types

  • Earnest Money Deposit
  • Sweat Equity
  • Rent Credit
  • Relocation Funds
  • Employer Assistance
  • Trade Equity from Property Swap
  • Lot Equity
  • Other
  • Seller Credit



If Other is selected for Credit Type, a Details field will become available and allow you to enter additional details. 

  1. Click Details to open the Other Description text field. 
  2. Click in the Other Description text field to enter additional details. 
  3. Click Save to save the Other Description.




5. Under Source Type, click Select to select the Source Type.



Source Types

  • Borrower Paid Outside of Closing
  • Builder Developer
  • Employer
  • Federal Agency
  • Lender
  • Local Agency
  • Non Parent Relative
  • Other 
  • Parent
  • Property Seller
  • Real Estate Agent
  • State Agency
  • Unrelated Friend



If Other is selected for Source Type, a Details field will become available and allow you to enter additional details. 

  1. Click Details to open the Other Description text field. 
  2. Click in the Other Description text field to enter additional details. 
  3. Click Save to save the Other Description.




6. Under Amount, click Enter Amount and type the amount of your purchase credit. 

Only enter numeric characters can be entered. The field accepts up to 10 digits or up to $1,000,000,000. 





7. At the bottom, save your purchase credit by clicking Save Changes.




Purchase Credit Total

All purchase credit amounts will be totaled at the top of the Purchase Credits section. 




Delete Purchase Credit 

Click the X at the end of the purchase credits row to delete the purchase credit. Deleting a purchase credit will remove all of the information added for the specific purchase credit.