Correspondent Closed Loan Submission Form

Correspondent Closed Loan Submission Form

BorrowerSPM Loan #: Date:

Correspondent Name: MIN #

Correspondent Contact:Correspondent Phone:

Correspondent Email:

Loan Information:

Correspondent Closed Loan Submission FormMay 23, 2014

Loan Product Code:Rate: ____ Term: ____ LTV%: ____

Collateral Package

A collateral package containing the following documents must be delivered to Sierra Pacific:

Bailee Letter

Original Note endorsed to: Sierra Pacific Mortgage Company, Inc. A California Corporation

Mortgage/Deed of Trust (certified by title company as a true and correct copy)

Original Signature Affidavit

Power of Attorney (if applicable)

Certified copy of note

Please send all collateral packages to the following address:

Sierra Pacific Mortgage Company, Inc.

Attn: Correspondent Lending Collateral Department

5151 Beltline Rd, Suite 510

Dallas TX 75254

Closed Loan File Delivery

The closed loan file must be submitted to Sierra Pacific on or before the Delivery Expiration Date. Please submit the following documents electronically by uploading to the efolder. Please select Closed Loan Package under the Document Type dropdown.

Correspondent Closed Loan Submission FormMay 23, 2014

Correspondent Closed Loan Submission Form

Rate lock between Correspondent and Borrower

Correspondent Individual Wire Instructions

Certified true copy of the Note with endorsement

Power of Attorney, if applicable

Mortgage/Deed of Trust with riders (certified copy)

Signature Affidavit & AKA Certification

Trust Agreement, if applicable

Title commitment/binder showing 12 months of title

Closing Protection Letter

Payment History, if applicable

Final HUD-1with addendum

Initial Escrow Account Disclosure Statement

Escrow Waiver, if applicable

Tax Information Sheet

Hazard Insurance Policy with 1st year paid receipt

Transfer of Mortgagee Endorsement

Certificate of Insurance (Condo H-06 policy)

Life of loan Flood Determination Certification

Flood Insurance with paid receipt, if applicable

Flood Transfer of Mortgagee Endorsement

Notice to Borrower of Special Flood Hazard Disclosure

PMI Initial Disclosure

PMI Certificate and Proof of Premium Payment

Notice of Assignment, Sale of Transfer of Servicing

First Payment Letter

Amortization Schedule

Any Re-disclosed TIL’s

Final TIL (with Itemization of Amount Financed)

Any Re-disclosed GFE (Good Faith Estimate)

COC (Change of Circumstance)

Right of Rescission Notice (ROR), if applicable

Final 1003 signed and dated by all parties

W-9

4506-T (signed at closing)

Borrower Certification and Authorization

SSR’s from Fannie Mae and Freddie Mac

Appraisal Acknowledgement sent to Borrowers

Lenders AIR Certification

Borrowers AIR Acknowledgement

Escrow Holdback Agreement, if applicable

Property Inspection Waiver Notice

Termite Inspection, if applicable

Underwriting “at closing” conditions

Verbal VOE (Within 10 Calendar Days of Note Date)

Recertification of Employment and Liabilities

Authorization for SS Verification

Receipt of Disclosures Acknowledgement

Occupancy Certification

Undisclosed Debt Acknowledgement

Credit Score Notice & Disclosure

Collateral Protection Insurance Disclosure

Requirements Regarding Insurance Disclosure

E&O Compliance Agreement

Correction Agreement (Limited POA)

State Specific Disclosures

ARM Program Disclosures

Homeownership Counseling Disclosure

QM, Qualified Mortgage Worksheet or LOS printout

FBI Fraud Notice and CAIVERS authorization

Renewal and Extension Exhibit (TX Refinance Only)

Texas Mortgage Banker Disclosure & Fraud Notice

All applicable documents for necessary loan types

i.e. FHA, VA and USDA

92900LT signed and dated

92900a signed and dated

Amendatory Clause signed by all parties

Real Estate Certification signed by all parties

UFMIP – Proof of payment

VA form 26-1820

VA Funding Fee – proof of payment or proof of exempt

RD form 1980-18 and RD form 1980-21

Safe Well Water Test, if applicable

Correspondent Underwriting Submission FormJanuary 28, 2013