Correspondent Seller Eligibility & Documentation Requirements

GENERAL COMPANY INFORMATION
Company Name:
DBA (if different):
Address:
Correspondent Lending Seller Application
City: State: Zip Code:
Telephone: Fax:
Main Contact: Position:
Backup Contact: Position:
Date Company founded: Website URL:
Business Type: Partnership
Federal TAX ID Number:
Sole-Proprietorship Limited Liability Corporation (LLC)
S Corp C Corp
Incorporated under laws of the State of:
Trading Status Requested: Bulk Flow Both Bulk & Flow
Have you experienced any changes in the executive management team* in the last 12 months? If so,
please provide specifics.
*Please submit full bios and resumes of all members of the executive management team with your application package.
OPERATIONS AND PRODUCTS OFFERED
1. Do you operate under State Licenses or a Federal Charter?
2. Please list the states in which your company is licensed to lend (please submit copies of all licenses with your
application package):
3. How many retail and wholesale offices do you operate and where are they located?
# of Retail Offices:
Locations:
# Wholesale Offices:
Locations:
4. Approximately how many employees do you have?
5. If you originate 3 rd party loans please briefly describe your policies to approve, review and manage
your 3 rd party originators (please submit copies of your formal written policies with your application package):
6. What loan programs do you currently offer? Lien Types, Terms, ARMs/Fixed, Interest Only, etc.
Select All That Apply:
1 st Lien Products Fixed Rate Terms:
ARM Terms:
Stated Interest Only
2 nd Lien Products Stated
Terms:
Stand Alone Combo
Others:
7. Which of these products would be offered for sale to U.S. Bank?