Exporting and Importing MISMO 3.4 & Fannie 3.2 from the POS

This article explains how to export, download, or import MISMO 3.4 and Fannie Mae 3.2 files from the POS so they can be used with other lenders or an LOS, and provides common troubleshooting steps and limitations.

Summary

• How to download a MISMO 3.4 file from a loan app.
• How to import a Fannie Mae 3.2 file into the POS pipeline when no loan officer selection appears.
• Known limitations: third‑party credit cannot be imported; the ability to download/export MISMO 3.4 and Fannie Mae 3.2 can be disabled by an account administrator.

Exporting / Downloading a MISMO 3.4 File

1. Open the specific loan application in the POS and view it in detail.
2. Go to the Export area for that loan.
3. Choose the option to download the MISMO 3.4 file.

Notes and troubleshooting

• If the export fails with an error about a missing co‑borrower SSN, check whether a co‑borrower record exists in the loan app. If a co‑borrower is not present in the loan app, that specific co‑borrower-related error will not appear.
• If you are unable to download MISMO 3.4 (export button or file unavailable), confirm with your account administrator whether the functionality has been disabled for your users. An account administrator can enable or disable MISMO 3.4 / Fannie 3.2 download functionality.

Importing a Fannie Mae 3.2 File (bringing a loan into the POS)

• On single‑user accounts (accounts without loan officers added), the import flow may not show any loan officer selection.
• In that case, do not select anything in the loan officer field; click the small import button. The imported loan application will be displayed in the POS pipeline.

Limitations

• Third‑party credit reports cannot be imported into the 1003 / MISMO 3.4 (credit/debt cannot be populated into those forms via 3rd‑party import).

Troubleshooting checklist

• Missing co‑borrower error: confirm co‑borrower exists in the loan app before exporting.
• Import not showing a loan officer: on single‑user accounts, leave the LO field empty and click the import button to place the loan in the POS pipeline.
• Export/import disabled: contact your account administrator to verify and change export/import permissions for MISMO 3.4 and Fannie 3.2 files.
• Credit/debt population: plan to record credit and debt manually in the 1003 / MISMO 3.4 since third‑party credit import is not supported.

Conclusion Use the loan app’s Export tool to download MISMO 3.4 files and the import button to add Fannie 3.2 loans into the POS pipeline. Verify that required borrower records (including co‑borrowers) exist in the loan app, recognize that third‑party credit cannot be imported into the 1003/3.4, and contact your account administrator if export/import functionality is disabled.