Information Inserted Into Standard Word Doc

Hi,
I hope you can help me. I have a standard word document that I use where all I have to do is erase the dates and numbers in the document and replace them with the correct information. My question is as follows. Is there a way I can create a window ( sort of like in access where you can create a window with fields and once you do that it plugs the information you just put into a spreadsheet) where all I have to do is put in the info into fields and it will plug it into the word document?

Thank you in advance for your help,

Re: Information Inserted Into Standard Word Doc

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fOR EXAMPLE: If I have the following paragraph.

It is our understanding that you are making application for a Loan in the amount of $200,000 to be collateralized by a second mortgage on 555 Boat Street, Carmen, NY. You have represented to us that you own a six unit condominium building located at 555 Boat Street, Carmen, NY, which has an existing first mortgage of $1,990,000. You have also represented that the each condominium unit will have a market value of $595,000, totaling $3,570,000 after the construction is completed. Finally, you have represented that the existing first mortgage and real estate taxes on the above referenced property are current and allow secondary financing. Capital One is pleased to have the opportunity to provide financing on this transaction. The terms of the proposed loan will generally be as follows:

HOW CAN I CREATE A PLACE WHERE I CAN ASK THE FOLLOWING QUESTIONS
HOW MUCH IS THE LOAN? $200,000
wHAT IS THE ADDRESS? 555 Boat Street, Carmen, NY
WHAT TYPE OF PROPERTY IS IT? six unit condominium building
HOW CAN I GET IT THAT THE ANSWERS TO MY QUESTIONS WILL BE PLUGED INTO THE WORD DOC IN THE CORRECT PLACES>