Correspondent Underwriting Submission Form

Correspondent Underwriting Submission Form

Account Executive: SPM Loan #: Date:

Correspondent Name: Correspondent Phone:

Address: Primary Contact : ______

Loan Officer: Email:

Borrower’s Name: Property Address:

Title Company: Contact: Phone: ___

Address: ______Email:

Loan Information:

Correspondent Underwriting Submission FormAugust 29, 2014

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

Mortgage Insurance:Borrower Paid Lender PaidHybrid

Loan Amount:$ Loan Type:PurchaseR/T RefiCash-out

Appraised Value:$ Property Type:SFRCondoPUD

2nd Lien Loan Amount:$ Occupancy:Primary2nd HomeInvestment

Correspondent Underwriting Submission FormAugust 29, 2014

Items needed for Conventional, FHA , VA and USDA loans:

Fully completed SPM Correspondent UW Submission Form FHA/VA Loans – Additional documents

AUS Findings – Approve/Eligible ONLY Complete MCAW or Loan Analysis worksheet

100892900A / 1802a

Initial signed 1003 – LO Date / App Taken Date: ______FHA Case # assignment/VA Case 1805

Updated/Typed 1003Clear CAIVRS

Credit Report – Credit report date: ______Complete 92900LT/streamline worksheet

Current Payoff, if refinanceFHA Addendum 92900a

Other Credit related documentsHUD 92900b Important notice to borrower

Income: LDP/GSA completed for all parties

Paystubs (most recent 30 days)Certificate of Eligibility (VA)

W-2’s (most recent 2 years)Request for Certificate of Eligibility (26-1880)

Written VOE(for commission, bonus, other-income qualifying borrowers)DD214

Tax Returns(for self-employed, commission, other-income)Certificate of Veterans Status (26-8261a)

Business Tax Returns (if borrowers own 25% or more)VA Amendatory Clause

All Other related Income DocumentsVA Interest Rate Disclosure

Bank Statements( ALL pages, including Acct# & Borrower Name (2 months)Federal Collection Policy Disclosure

Gift letter and documentsVA Child care cert

Other Asset documentationVA Nearest living relative

Other Documentation as applicableRights of VA Borrower/Assumption of VA

Purchase Contract with all addendumsLoan (26-8978)

Condo / PUD Questionnaire, if applicable USDA/RD Property Eligibility document

AppraisalUSDA/RD Income Eligibility worksheet

Notice of Right to Receive Copy of Appraisal (ECOA)

Homeownership Counseling List USDA/RD Income Limits worksheet

UCDP Submission Summary Report

Initial TIL – Initial TIL Date: ______

Current GFE (if LOCKED) and Initial GFE – Initial GFE Date: ______

GFE Change of Circumstance, if applicable

Initial Fees Worksheet – fees must match the GFE exactly

Intent to Proceed & Service Providers List

Title Commitment w/24 month chain of title

4506T

Tax Transcripts (most recent 2 years)

Driver’s License

Borrower Certification and Authorization

SS Card or SS Authorization

Patriot Act Information Disclosure

Credit Score Notice & Disclosure

LDP/GSA completed for all parties

Privacy Policy

ECOA Notice

Correspondent Underwriting Submission FormJanuary 28, 2013