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Contact Name: ___________________________ Phone Number: ___________________________ E-mail Address: ___________________________ M&T Loan #: _________________________________Correspondent “Standard 203K” Early Reno. Review Checklist Submitted Standard 203K - Documents RequiredM&T Registration Form FHA Transmittal (HUD-92900-LT)AUS Findings (DU/LP)Appraisal (After-Improved/Subject to Repairs) & if HUD REO see below Applicable HUD Standard 203K Maximum Mortgage Worksheet Proof of Sales Price (only need page of the contract that shows the sales price $) AND page that shows type of financing is for a 203KPayoff Letter or Credit Report (if Refinance transaction for principal balance)Specification Of Repairs/Work Write-Up AND Recap of Sub-totals PageFHA 203K Draw request (HUD-9746-A)203K Consultant’s Identity of Interest (Form 2473)203K Consultant’s AgreementFHA 203K Consultant Non-Home Inspection Disclosure either added to the Consultant’s agreement or a separate signed & dated form203K Borrower’s Identity of Interest (VMP-601)203K Borrowers Acknowledgment (HUD-92700-A)Contractor(s) Bid(s)/Proposal(s) Borrower/Contractor Agreement (Form 2420)Contractor Acceptance Checklist (M&T Exh. 03-099)Current Contractor Liability Insurance Binder/CertificationRehabilitation Loan Permit Certification (Form 8000)LE and Settlement Service Provider List / a/k/a Written Provider List1st page of the Application (1003)Rehabilitation Loan Agreement ((VMP-598) if availableAllowable Costs Released at Closing (M&T Exh. 02-408) if available Maximum of 3 sub-contractors allowed or a General Contractor will be required. If HUD Property built prior to 1978 – need Lead Based Paint Inspection & Visual Assessment Report and Lead Based Paint Disclosure Addendum. If there is lead based paint work to be done, need 203K Financing Lead Based Paint Agreement Addendum (HUD-9548-G) and the amount of the credit from HUD for the work. Also, need HUD’s MLS Sales Listing.***DISCLAIMER on Early Renovation Review:Please note that this review is strictly for the renovation documents only, it does not constitute a review of the credit documents nor does it incorporate an Underwriting Review of the Appraisal. Your DE Underwriter is responsible for the credit underwrite of the Appraisal and the issuing of the Conditional Commitment.*** ................
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