Correspondent Partner Guide - Wintrustmortgage.net

PARTNER GUIDE
personnel must check all loan files in their entirety before shipping the
closed loan to WINTRUST MORTGAGE.
All conditions of loan approval must be included in file
1008 must match Note, Security Instrument, HUD‐1, Appraisal,
final 1003, final AUS findings, and Final Loan Approval
All pages of AUS findings must be included. All AUS findings must
be released to WINTRUST MORTGAGE as “FINAL”
All pages of the credit report must be included in file
If loan was underwritten by an MI company, the MI company
approval must be included in file
Initial and Final 1003’s must be fully completed and comply with all
state, federal, and HMDA requirements to include LO signature and
NMLS ID #.
The Initial GFE and TIL must be dated within 3 business days of the
initial application
All conditions of the appraisal must be included in file
All FHA and VA worksheets, notices, disclosures must be complete
and in file
A copy of the appraisers license and E&O insurance must be in file
A Verbal VOE (regardless of AUS findings) must be performed
within 10 days of the closing and included in file
First payment letter must be included in file
Wiring instructions must be included in file
Page 50 of 57
S:\Correspondent Lending\Partner Guide\12‐31‐12