Loan Screens > Account Information Screen Group > Reserves Screen Group > Reserve Analysis Screen > Options, Limits & Loan Fields tab > Analysis Limits field group

Entry: User, numeric

F/M: Yes

Mnemonic: ABCUSH

Screen: Loans > Account Information > Reserves > Reserve Analysis > Options, Limits & Loan Fields tab

This is the option for the cushion amount to be used, which cannot be larger than 1/6 of the total reserve disbursements. “0” = no cushion, “1” = 1 month cushion or 1/12 of the total reserve disbursements, and “2” = two months cushion or 1/6 of the total reserve disbursements. The default is “0” or no cushion. This field also appears on the Loans > Account Information > Reserves > Reserve Analysis Options screen. The options on those screens are institution-wide options. If the information in this field is different from the information on the Reserve Analysis Options screen, the system will use the amount entered in this field.

Note: For FHA loans, no cushion is allowed on the mortgage insurance premium (FHA letter 95-20). The system does not include disbursement type 50 (FHA insurance premium) or type 58 (FHA risk-based insurance) in the cushion calculation.