Current UPB Amount (Current section – Subject Loan)

Definition:
 

The current unpaid principal balance on the loan.

Valid Values:
 

Valid format is “#########.##”; for example, enter $237,219.53 as “237219.53” (do not enter commas).

When to Use:
 

Required for all loans.

How to Use:
 

Enter the actual balance of the mortgage as of the last paid installment.

Sort ID#: 442