HPF Wholesale TRID Submission Form

[Pages:1]HPF Wholesale TRID Submission Form (Applications on

10/3/15 and after)

Account Executive:

Processing Address 2400 Maitland Center Parkway Suite 310 Maitland, FL 32751 HUD ORIG ID #2627300000 VA ORIG ID # 5500180000

| Toll-free: 888-616-6866

Please upload all submissions through website!

Company / Broker Information

Company Name:

File Contact Name:

Company St. Address:

File Contact Email:

City:

State:

File Contact Phone Number:

Borrower / Co-Borrower Information

Borrower Name:

Co-Borrower Name:

Borrower St. Address:

Co-Borrower St. Address:

City:

State:

City:

Zip:

Email:

Zip:

Email:

Broker Compensation Method (check one)

LPC - Lender Paid Compensation. Broker shall receive no compensation from borrower. (*must equal current comp plan)

Do you want the Underwriting Fee included in pricing? If not, fees are included in 3% test.

Yes

No

State:

BPC - Borrower Paid Compensation. Broker shall receive no compensation from Home Point Financial

Loan Information

Estimated Close Date:

Purchase Price:

Loan Amount:

Ratios:

/

Appraised Value:

LTV:

%

Product

FHA

Conventional

USDA

VA

Purchase

Refinance Cash Out Rate & Term DURP LPOA Streamline/IRRRL TX 50 (a) (6) R&T TX 50 (a) (6) COR

Property Type SFR 2 Family 3 Family 4 Family Condo Manufactured Housing

VA Lender ID:

MI Product Lender Paid Single Premium Borr. Paid Single Premium Borr. Paid Monthly Borr. Paid Split-Edge

Reminder - If applicable, add the non-borrowing spouse's name to the notes section.

Notes:

Submission Requirements For All Loans - Submitting complete files will enable Home Point Financial to decision and close your loan quickly and efficiently!

Loan Submission Requirements

FHA Submission Requirements

Submission Form AUS findings; finalized to Home Point Financial (if run previous to submission) Initial 1003 signed and dated by Borrower and Loan Officer* Loan Estimate (dated within 3 days of initial 1003)* Service Provider List* Fee Itemization* Change of Circumstance Form (if COC is prior to submission) New Loan Estimate, Itemization and 1003 that match changes* Borrowers Authorization Form (always required) Borrowers Intent to Proceed (always required)* Anti-Steering Disclosure (if LPC selected) State specific disclosures* Broker Fee Agreement when Subject property state requires

FHA 92900A* FHA HUD Appraised Value Disclosure* FHA Notice to Homebuyer (HUD 92900 B)* FHA Consumer Choice Disclosure Notice* Amendatory Clause (executed) VA Submission Requirements VA Addendum* Certificate of Eligibility FHA / VA Streamline Submission Requirements Mortgage Only Credit Report Net Tangible Benefit Payoff from Current Lender Note for present mortgage

Income and Asset documents per DU findings

IRRRL Case# Print Out

Credit report dated within 60 days of application

Fully executed Purchase contract with all addendums and attachments (if purchase transaction)

USDA Submission Requirements USDA Income & Location Eligibility Determination USDA Form 4575 Worksheet for Income Determination

4506T reflecting most recent 2 year period LOE for any credit inquiries less than 90 days old Homeownership Counseling Acknowledgement and Agency List* Affiliate Attestation Form Home Loan Toolkit (Evidence borrower received)*

*Required documents if broker issued the Loan Estimate. (If Home Point Financial issued the Loan Estimate, these items are not required.)

*For all TX 50(a) (6) loans, HPF must issue the LE and state specific disclosures. Brokers may not issue these items for these loans.

REQUIRED FEES

Standard, High Balance FHA, Conventional or VA Underwriting Fees

Tax Service and Flood Cert. (POC)

Michigan $995 $93

NC Gov't Loans $995 $93

New York $995 $93

Texas $995 $93

All Other States $995 $93

Black, Mann & Graham (800s section or TX 50(a) (6)) Total Fees

$1,088

$1,088

$1,088

$125 or $200 $1,213

$1,088

FHA Streamline, VA IRRRL

Underwriting Fees Tax Service and Flood Cert. (POC) Black, Mann & Graham (800s section)

Total Fees

Michigan $475 $93

$568

NC Gov't Loans $475 $93

$568

New York $475 $93

$568

Texas $475 $93 $125 $693

All Other States $475 $93

$568

HPF's Underwriting fee should be included on pg 2, section A, if not included in pricing. Tax Service and Flood fees should be on pg 2, section B as services not permitted to shop for POC. Fees charged separately will be included in the 3% test.

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