Appraisal
$185
How much is a typical good faith deposit?
$500
What system do we use to pull up disbursement information?
Atlas
How long is an FHA appraisal valid for?
120 days
What is the email distro for the CBC team?
Fortress@quickenloans.com
What does GLA stand for?
Gross Living Area
8 calendar days
What state does the mortgage has to be recorded first before before disbursement?
North Carolina
What does MRQ stand for?
Who is the 24th President of the United States?
Grover Cleveland
How many steps is typically considered below grade?
2 steps
What does it mean when escrow account is netted?
Subtracted from principal balance of loan
What is the name of the system we add gold/silver cards?
Incentive Engine
Earnest Money Deposit
Who won American Idol season one?
Kelly Clarkson
Give me three things are needed to be a completed bedroom?
closet, window, point of entry that does not request going through another room, to be connected to homes heating and cooling sources, located above grade
What is the standard turn time for an FHA Case Transfer to be processed?
up to 72 hours.
What two systems do Servicing primarily operate out of?
Cyclops and MSP
How long do we hold a check for when a 3rd party wants to pay for an appraisal through that method?
7 business days from when we received the check
Where is the Corleone's family base of operations?
New York
Client not working with QL, going with another lender, no deposit on file, VA client, new lender wants to know how much to put on CC auth form. Two Invoices totaling $725 in doc viewer; how much do we need to collect?
Nothing, we do not charge VA clients for appraisal transfers if no deposit is on file.
What is a person called who is on title but not on the loan?
Non Borrowing Title Holder (NBTH)
Where in AMP do you see where a promotion has been applied?
2,11
How many ISM's do we have?
19
Name 3 of the top 5 highest grossing movies of all time?
Avengers: Endgame, Avatar, Titanic, Star Wars: Episode VII - The Force Awakens, Avengers: Infinity War