Correspondent Partner Guide - Wintrustmortgage.net

PARTNER GUIDE
Not be an interested party in the transaction (i.e., real estate
agent, seller, closing agent)
A copy of the Power of Attorney must be included in the closed loan
package.
The proper signatures must be on the documents. The following
signatures are acceptable:
Borrower’s name by the attorney‐in‐fact’s name (Example: “Jane
Smith by John Smith, Attorney‐in‐Fact”)
The attorney‐in‐fact’s name (Example: “John Smith, Attorney‐in‐
Fact”)
Certification and Authorization
Each loan file submitted for purchase must contain a certification and
authorization form signed by the borrowers. The form must comply with
all applicable laws and include the following information:
Authorization for the lender and its successors and assigns to order
one or more credit reports
Authorization for the lender and its successors and assigns to reverify
all information including, but not limited to, income, assets,
employment, outstanding obligations after closing as part of a
post‐closing audit
Authorization for the lender and its successors and assigns to
inspect the property securing the loan for purposes of determining
its market value and ensuring that it otherwise meets the lender’s
property requirements for the type of loan requested and in
connection with any post‐closing audit review
Authorization for any third party who receives an original or copy
of the Certification and Authorization to provide the Lender, or its
agents, successors or assigns, as well as any investor or mortgage
insurance carrier, any and all information and documentation
requested.
Certification that all information provided is current, accurate,
true, and correct, that the borrowers have not made
misrepresentations in the loan application or any other related
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