Doc Request Form /w Early CD

Doc Request Form /w Early CD

  • Underwriters

    • Open the “Doc Request Form /w Early CD” form
    • Notice at the top is a section for Underwriting
      • By entering a date and Approved By, you are confirming the 3 number items have been completed
    • The file will now show up in a custom Early CD Pipeline View for Processors.

underwriter.png

  • Processors

    • Open the Doc Request Form /w Early CD
    • Notice at the top is a section for Underwriting and requirements in red that MUST BE MET:
      • Loan MUST be locked
      • Mavent Passed or Warnings that are allowable to go to docs
      • Approved by Underwriting
      • TRID Compliant file
    • Confirming Fee’s

        • When reviewing the Appraisal Fee, you can make necessary changes to reflect if it has been paid at closing or before. You can load the itemization to make quick changes as well.
  • Mavent alerts must be passed or warnings approved

    • IF FIELD IS BLANK, THIS MEANS IT HAS PASSED MAVENT

    • TIP and Interest over next 5 years disclosed values vs current warnings are OK

    • HPML warnings must be signed off by LockDesk to verify we have an investor for your loan

      • Record your notes in the Ready for Docs milestone log

  • Title: ALTA\Settlement Statement Received

    • This field will show a date for when the Title: ALTA\Settlement Statement bucket has been filled

    • This bucket will be created automatically on new loans. Otherwise,  you must add bucket manually.

  • Verify the Lock

    • The Earliest Compliant Closing Date is Today plus 4 days.

    • Based on that date, you Lock must be valid through the following date field.

    • In the red box above you will know if you need to extend your lock to proceed

  • Payoffs & Payments

  • To include Payoffs & Payments you must press the button and then hit the Include Checkbox

  • The Include checkbox is now required for this payoff to show on the CD correctly

    • As a side note, this Doc Request Form is the best way to include payoffs. This avoids having to go into page 2 of the 1003

  • One every field has been filled out, you may check the box “Ready to Send Pre-Closing CD” this will put the loan in the Doc Drawers custom Pipeline View

  • If the Doc Drawer has an issue with your request, they will uncheck the box and write notes for the processor to review. The file will also show back up in the custom Pipeline View for the Processor.


    • Related Articles

    • "Form failure" error in Encompass when trying to print

      The error should look like this. - Looks to be the same root cause as the OpenDataSource200 error (MailMerge). - This is due to a WinWord.Exe issue the user is unaware of Resolution: SOLUTION: The error is to help notify the client they have a ...
    • Doc Request from Borrowers Perspective

      Doc Request from Borrowers Perspective. This doc will give you some insight on what the borrower will need to do if a loan was created for them without an account being created first. And how to find requested documentation. Doc Request ·         ...
    • Error in OB

      1.  Make change request. 2. Mark note for the duration of the extension. 3.. Make sure that you have a selected who the extension should be charged to. Options: Branch or Borrower
    • Credit Request Upgrade

      If you receive the following message then a credit report was ran that either didn't reflect the spouse or additional person on the loan. This issue with credit report request is just due to having more then one borrower on the loan in tandem with ...
    • Requesting Borrower Cert and Authorization for Esign Request or Print Function

      1. Goto the eFolder 2. Make sure to NOT click on any of the document buckets, go straight to step 3 3. Click on the "Request" button on the top right. 4. Click on the "Add" button that is next to the "Preview" button. 5. Scroll down to find ...