22 STEPS
1. Click on your encumbrances tab
2. Click add encumbrance
3. Click the dropdown menu and select the type of encumbrance
4. Select the remainder of details and click create when done
5. You can upload a copy of the payout statement for quick reference here once received
6. Select the mortgagee type
7. Once you have selected a mortgagee a list will populate of leading institutions/banks
Select from the list, or simply search for the lender in the textbox below
8. Once you have made your selection, you will notice some institutions require you to login to another platform to obtain a discharge statement
Click go to assyst to be directed to their website
9. Other institutions will require you to obtain payout/discharge information from LLC
Click go to LLC to be taken to their portal
10. For certain institutions you will be able to obtain their payout/discharge information from within Closer
11. Enter in the remainder of mortgage details here
12. Select obtaining discharge statement if necessary
13. Click add related instrument here if necessary
14. Enter the related instrument details
15. If you have made the selection to show as undertakings given, a statement pertaining to the encumbrance will be brought into your undertakings document
16. To enter the payout details, click the edit icon
17. Enter the principal dates, principal amount and interest details, Closer will calculate the total amount for you
18. Enter the discharge fees information
19. Click back to return to the previous screen
20. Click edit details should you choose to edit any of the information
21. Click save when done making edits
22. Click add to add another encumbrance
Next step: Practice
