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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 872 - Residential Mortgage Insurance Application document?

The 872 EDI document type is an electronic version of a paper Residential Mortgage Insurance Application. Standard EDI formats include X12, ANSI, EDIFACT and its subsets. The 872 EDI document type is used to request mortgage insurance and provide supporting information needed to obtain a mortgage insurance commitment on a residential mortgage loan.

What makes up the 872 - Residential Mortgage Insurance Application document?

An EDI 872 - Residential Mortgage Insurance Application document is organized into segment and data elements. A segment can contain at least one data element. Each data element contains a data field. There are an infinite number of possibilities available for a company to include data on an 872 Residential Mortgage Insurance Application. There are an infinite number of possibilities available for a company to include data on an 872 - Residential Mortgage Insurance Application.

How is a 872 - Residential Mortgage Insurance Application used?

The 872 EDI document is used by a mortgage originator to request mortgage insurance. After the 872 Residential Mortgage Insurance Application is received by the receiver, a 997 Functional Acknowledgement is sent back from the receiver indicating that the 872 Residential Mortgage Insurance Application was successfully received.

How is a 872 - Residential Mortgage Insurance Application 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.