This section helps check the validity of the request. If the information here is not at 100% , this means something else in the loan application is not adding up. This information is displayed to the lenders in its entirety .
Note: Closings costs are automatically calculated as 2% of the loan request amount. In order to balance out sources and uses make sure that you have borrower equity filled out in the Sources. And that all of the projected expenditures are accounted for in the Uses.
If you see a red “Project costs should be equal” message, then you need to make a change so that the “Total Sources” equals the “Total Uses.” Note lenders will not see this error message.