Mortgage Quest can import and create Fannie 3.2 files. However, many of the advanced importing features are not available because fields used to control these features are not included in the Fannie Mae 3.2, such as Open and Close dates.
Mortgage Quest Setup to Import Fannie Mae 3.2 Files
1. Select File \ Importing or click the Importing icon on the left toolbar.
2. Select Fannie Mae 3.2 from the Read Data From list.
3. Click the … button to the right of the Program / File Location.
4. Browse to the folder containing the Fannie 3.2 files and select it.
5. If the folder contains files that belong to other loan officers, click Map Loan Officer IDs. Mortgage Quest presents a list of IDs based on the Fannie Mae interviewer field. See the section on Mapping Loan Officer IDs for more information.
To import Fannie Mae 3.2 files
1. Select File \ Importing or click the Importing icon on the left toolbar.
2. Select Fannie Mae 3.2 from the Read Data From list.
3. Files will be read from the folder location shown in the Program / File Location field. Click the … button to change folders if needed.
4. Click Read Borrowers.
To export Fannie Mae 3.2 files from Mortgage Quest
1. Go to the borrower record to export.
2. Right mouse click on the record and select Send To \ Fannie Mae 3.2 File or select Record \ Send To \ Fannie Mae 3.2 File.
3. The file name created defaults to the borrower’s last name and the first letter of the first name (e.g., smithj.fnm). Enter a different name if desired.
4. Start your LOS program and import the Fannie Mae file you created from Mortgage Quest.
Fannie Mae 3.2 fields imported and exported from Mortgage Quest
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Borrower name |
Co-borrower name |
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Home address |
Property address |
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Borrower gender |
Co-borrower gender |
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Borrower marital status |
Co-borrower marital status |
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Borrower email address |
Co-borrower email Address |
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Borrower home phone number |
Co-borrower home phone |
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Borrower work number |
Co-borrower work number |
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Borrower employer |
Co-borrower employer |
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Borrower occupation |
Co-borrower occupation |
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Borrower work address |
Co-borrower work address |
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Borrower self employment status |
Co-borrower self employment |
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Borrower SSN |
Co-borrower SSN |
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Borrower marital status |
Co-borrower marital status |
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Borrower age |
Co-borrower age |
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Borrower birthday |
Co-borrower birthday |
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Borrower salary |
Co-borrower salary |
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Loan amount |
Appraised value |
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Sales price |
Interest rate |
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Purpose of loan |
Appraiser |
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ARM caps |
ARM margin |