reverse mortgage loan submission checklist - SWMC.com - Sun ...
reverse mortgage loan submission checklist - SWMC.com - Sun ...
reverse mortgage loan submission checklist - SWMC.com - Sun ...
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Sun</strong> West Mortgage Company, Inc.18303 Gridley Road,Cerritos, CA 90703-5401Phone: (800) 453-7884Fax: (562) 924-6057Web: www.swmc.<strong>com</strong> | NMLS: 3277Application 1009 (Signed and dated by Borrower(s) and Loan Officer)Counseling CertificateCopy of Drivers License and Social Security CardCredit ReportPreliminary Title ReportFlood CertificatePayoff demand or Mortgage billRepair set aside (if applicable)Termite report and bids for any required work (if applicable)RESPA <strong>com</strong>pliant GFE and Borrower's Intent to ProceedFederal Truth in Lending Statement (TIL)HUD Addendum to URLA 92900aNon-borrowing spouse credit report (for <strong>com</strong>munity property state)Trust Documents (if applicable)Hazard InsuranceClosing Protection Letter (CPL), E & O and Wire InstructionsEsimated HUD-1 OR Closing Costs from the closing agentPower of attorney (if applicable)Initial Disclosures/Misc Forms:Amortization schedule and initial <strong>loan</strong> calculationsPrincipal limit lock disclosureAnti churning form (applicable only in case of HECM to HECM refinances)Rate lock disclosureImportant terms disclosureOther notificationsExcessive fees disclosureTax and Insurance disclosureEqual credit opportunity act noticeAffiliated business arrangement disclosuresGeneral authorization, joint application and bankruptcy statementFair lending noticeLead based paint certification (for properties built prior to 1978)Total annual <strong>loan</strong> cost disclosure (TALC)Customer identification certificationConsent to social security administration's release of social security number verificationRESPA transfer of servicing disclosureFace to Face opt out disclosureState specific disclosuresReferences:To view <strong>SWMC</strong> Product guidelines and rate sheets please visit:http://www.swmc.<strong>com</strong>/swmc/wholesale_lender/broker/guidelines_and_rate_sheets.phpFor instructions on how to submit a <strong>loan</strong> to <strong>Sun</strong> West Mortgage Company using <strong>Sun</strong>SOFT, please watch our "E Origination - How tosend <strong>loan</strong>s to <strong>SWMC</strong>'' training video available at http://www.swmc.<strong>com</strong>/swmc/<strong>mortgage</strong>_related_training_videos.php<strong>SWMC</strong> Reverse Mortgage Loan Submission Checklist Page 2 of 2