Lender Online & EDOCS Guide
Lender Online & EDOCS Guide
August 23, 2016
1
LENDER ON-LINE (LOL)
User ID/Password for LOL is given by the Lender Administrator for your company Additionally, documents can be found at mmp. Go to: Manuals & Docs (no password is required)
REMINDER
DO NOT RESERVE FUNDS FOR YOUR BORROWER UNTIL THE WRITTEN CONTRACT HAS BEEN
FULLY RATIFIED
THIS INCLUDES "BANK APPROVED SHORT SALES", FORECLOSED PROPERTIES
AND NO VERBAL CONTRACTS
2
Lender On Line (LOL)- Online Reservation System
A secure website for MMP approved lenders to:
? Generate reservations for the first mortgage and second mortgage (DSELP/partner
match programs)
? All fields are required to be completed with and without an asterisk before clicking the "submit" button
? Get the latest updates on CDA rates & products ? Download the most recent CDA documents & manuals ? Check the status of submitted loans for Compliance & Master Servicer conditions ? Download: DPA and/or MCC Closing Packages ? Pull reports: HFA Conditions/Exceptions & Master Servicer Conditions/Exceptions reports
3
LOL- New Reservation tab: 1st Mortgage
4
LOL- New Reservation tab: 1st Mortgage cont...
5
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