Looking for a practical pre-boarding checklist processors use to validate escrow setup, first payment date, and MERS/MIN data before we board; our Encompass rule catches tax parcel IDs but misses HOA dues and per-diem interest. If you have a template or specific report that improved first-statement accuracy and reduced borrower call volume, please point me in the right direction.
We added Encompass pre-board rule: ‘If HOA=Y require dues; if disb≠1st payment month, validate per-diem’ — 25% fewer calls, @OP want IDs?
Quick win: ‘MIN present + OrgID match’ audit, then MSP mock statement to verify HOA/per‑diem; manual, about 2 minutes.
@juliaW67 I use a simple first‑statement preview in Encompass that blocks Pre‑Board if an HOA payee exists without frequency and next‑due filled, and it runs a quick MIN checksum (18‑digit + Luhn) to catch typos; if you’re on MSP, the trial bill does similar but this keeps it in LOS.
Piggybacking @rosa_miller87, we cut call‑backs by running a ‘Funding vs. Setup’ snapshot right after docs. It compares Note/Close to the first‑due calc, requires an HOA payee to have frequency plus coupon info, and blocks export unless the MERS MIN and OrgID align; small caveat — ARMs with odd first periods need a quick manual look.