How to Create a Scenario Comparison in SphereLOS
A step-by-step guide on how to compare up to 4 loan programs, edit details, and share them with borrowers.
ℹ️ Note: Access to Scenario features may depend on your role, permissions, or loan status. If options are missing, please contact your system admin for help.
Steps to Add Loan Scenarios
- Open the loan file and select Scenario from the left-hand menu.
- Click Add Scenario.
- Use the available filters to locate your desired loan program.
- Click the checkmark to include it in your comparison.
- You can add up to four loan programs.
Editing Scenario Details
Click the edit pencil icon to modify key fields such as:
- Loan amount
- Note rate
- Lock price
- Disclosure Borrower Closing Fee settings
Sharing Loan Scenarios
To save or share:- Click View Print Forms to export the scenario as a PDF, or
- Navigate to Actions > Other Actions > Print Forms, search for Loan Scenario, and send it directly to the borrower.
Applying a Scenario
If the borrower selects one of the scenarios,
- click Apply Scenario at the bottom.
- Then click Confirm to proceed, and you’ll receive a success message once the loan file is updated with the scenario’s parameters.