Team Primary – Loan File Checklist / Stacking Order Conventional / FHA
Borrower: Loan #: Date Reviewed:
LO / OPTS / DON”T FORGET TO SIGN THE DOCS!File Submission Form – FILLED OUT COMPLETELY
Letter of Explanation to the Underwriter from the Loan Officer
DU or LP Findings
Credit Report – (Refinance transaction must be updated to current month for all accts)
Copy of Rate Lock / Registration – YOU MUST CHOOSE AN INVESTOR
Credit Inquiry / Past Address Letter – Signed by Borrower
Condo/ PUD Submission Form
ENTER FILE CONTACTS IN ENCOMPASS (AGENTS, ATTORNEY, BORROWER)
DISCLOSURES – ALL MUST BE SIGNED & DATED
1003 – Loan Application
Good Faith Estimate (Boxes 1-4 on page 1 and box 10 on page 2 must be completed)
Truth in Lending
Servicing Disclosure
Borrowers Cert and Auth
Privacy Policy
Customer Identification Notice
4506-T
HUD Addendum to URLA (FHA ONLY)
Amendatory Clause (FHA PURCHASE ONLY)
Notice to Homeowner (FHA ONLY)
Informed Consumer Choice Disclosure (FHA ONLY)
For Your Protection (FHA PURCHASE ONLY)
Important Notice to Homebuyer (FHA ONLY)
FHA Identity of Interest Cert (FHA PURCHASE ONLY)
Notice to Purchasers – Led Paint (FHA PURCHASE ONLY)
Fee Deposit Agreement (Only needed if borrower writes check for appraisal fee)
Disclosure Notices (If refi-insurance information must be completed in anti-coercion section)
Face to Face Interview Cert (FHA PURCHASE ONLY)
Fair Lending Notice
Intent to Proceed
Social Security Verification
Settlement Server Provider List (Providers info must be entered on form)
Important Notice about Credit Monitoring (CONVENTIONAL LOANS ONLY)
Appraisal Service Provider Disclosure
Mortgage Insurance Disclosure-5 Pages(CONVENTIONAL ONLY)
STATE DISCLOSURES – CT’s are listed
CT Interim Financing Policy Disclosure
CT Lock in Agreement / Commitment
CT Notice of Legal Representation
CT Agreement of Non-Refundability (Only needed if borrower writes check for appraisal fee)
INCOME DOCUMENTATION
The Past 4 Weeks Paystubs
The Past 2 Years W2’s
Tax Returns – If needed (self employed or Non Reimbursed Exp)
ASSET DOCUMENTATION
Asset Statements – ALL PAGES
LOX for ALL large deposits and support documentation
REFINANCE INFORMATION
Proof of Mortgage, Taxes and HOI on any additional property owned
Current Mortgage Statement (Opener to get Payoff Statement)
Current Homeowners Policy & Bill
Copy of any bills being paid off with proceeds - Note for 2nd Mortgage if re-subordinating
PURCHASE INFORMATION
Purchase and Sales Contract – READ IT! Inspections Required? Personal Property?
IDENTITY INFORMATION
Copy of Photo ID / SS Card if Required by DO (legible photo w/date of birth legible)
Credit Card Order Form
I ______am verifying that all items checked are accurate and complete.
Loan officer’s name
Including client/ LO signatures, dates and all pages required for each item.