Troubleshooting: Error - Insufficient Reserves

Solution

If a report indicates that “reserves of $0.00 are insufficient to cover X months of reserves,” you can change the reserve amount and the number of reserves required for the loan.

To modify these amounts, access the Manage Loan screen for the loan. Then access the Additional tab. Click the  (Edit) icon on the Underwriting section to display a window where these amounts can be modified using the Number Of Reserves field and the Reserve Amount field