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Below you will essential information in regards to this EDI. If you have any specific questions about integrating your EDI with your ERP and eCommerce please reach out. Take advantage of our "start planning" feature to map out your integration needs. 

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What is a 263 - Residential Mortgage Insurance Application Response document?

The 263 EDI document type contains information regarding the Residential Mortgage Insurance Application Response Transaction Set (263) for use within the context of an Electronic Data Interchange (EDI) environment.Standard EDI formats include X12, ANSI, EDIFACT and its subsets.

What makes up the 263 - Residential Mortgage Insurance Application Response document?

An EDI 263 - Residential Mortgage Insurance Application Response document is organized into segment and data elements. Examples of data elements on the 263 Residential Mortgage Insurance Application Response document includes basic information about the insurance coverage. There are an infinite number of possibilities available for a company to include data on an 263 - Residential Mortgage Insurance Application Response.

How is a 263 - Residential Mortgage Insurance Application Response used?

The purpose of the 263 Residential Mortgage Insurance Application Response document is it will be used to provide the mortgage originator with the results of the insurance application and, if accepted, will provide basic information about the insurance coverage. Additionally, the 263 Residential Mortgage Insurance Application Response document can be used to confirm certification of coverage and not intended to replace the legal commitment (Certificate of Coverage of Insurance) which will continue to be delivered in its current form.

How is a 263 - Residential Mortgage Insurance Application Response processed?

An EDI solution is required to process the EDI documents received into an ERP or accounting system or into a readable format for manual entry. Each trading partner will have an EDI Implementation guide outlining the specific segments, data elements, values accepted, and the applicable business rules to be followed.

eBridge Connections has pre-built maps for all EDI transaction documents including 850 purchase orders, 810 invoices, and 856 advance shipping notices.