Borrower Name

Marketing Rep

Conventional Purchase

Desired Loan Amount

AUS System

Fannie-DU

Freddie-LP

Borrower Documentation Needed

Clear Copies of Drivers License

Realtor Contact Info

Sheriffs Deed (if Applicable)Link

Child Support

Child Support Order

Signed Purchase Agreement

Property Type (Check Guides)

Proof of Receipt (6 Months)

Kids Birth Certificates

Copy of Earnest Money Check

Homeowners Agent Info

HOA Yearly DuesLink

Asset Statements (60 Days, ALL Pages)

Joint Access LetterForm

Check for Large Deposits (see definitions)Form

Rental Properties

Leases

Total Rentals owned (FNM<9,LP<5)

1038 Rental Calc (Sched E)Calculator

Definition of Large Deposit

If aggregate total of ALL Non-Payroll deposits equals more than 50% of monthly income, the total of all random bank deposits must be sourced or will be subtracted from available balance.

Two Years W-2's (see findings)

30 Days of PaystubsIncome Calc

SSA/Pension/VA Awards Letter

Student Loan Payment Letters

Credit Inquiry LetterLink

BK Paperwork (if Applicable)Link

Letter of ExplanationForm

Student Loan Payments

For Conventional Loans, the amount showing on the bureau can be used with a IDR Letter to support payment. If in deferment or reporting a zero payment must obtain IDR Letter, use 1% factor OR calculate payment using calculator attached.

GuidelineLink

Loan RepaymentCalculator

Collections and Charge offs

Follow AUS Findings for SFR; O/O not required to be paid off. 2+ units, Second Homes and NOO see guidelines

Collections Balance

Gift Funds for Downpayment

Gift Donor InformationForm

Name

Relationship

If Borrower is Self Employed

Two Years Business Tax ReturnsCalculator

K1's and 1120 S Form

Balance Sheet/ YTD P&LForm

Cancelled Check

Proof of Deposit to Borrowers Account

Six Months Bank Statements

NO NSF's on Statements

Donor Bank Account Transactions

Notes to Loan Officer

Buyers agent

Name

Phone

Email

EMAIL LOLink

*FNM Guide

*FHLMC Guide