Name 1 unacceptable form of vesting
land trust, irrevocable trust, foreign LLC
Max points and fees on TX 50(a)6
what is 2%
Min FICO for Rural Property
What is 680
Min PPP on a DSCR 2nd Lien
1 year PPP
Collateral Team Lead
What is Nikita Cherns
The capital of NY state is...
Albany
The amount of bank accounts I can use per business
What is 2 accounts
Total points and fees for Investment Loan
What is 7%
Project review is waived for
2-4 units and detached units
A Single entity may own __ units in project with 5-20 units and up to _____% of units in projects with 21+ units
What is 2 units and 30%
UW 1 Team Lead
Jason Taylor, Svetlana Kuptsova, or Sergey Ivanov
NH is the abbreviation for
New Hampshire
The documents required to vest in LLC
What is 1. Articles of Incorporation, 2. CPA Letter OR Operating Agreement with ownership breakdown
Max seller concession on Non QM
What is 6%
Residency statuses ineligible for 2nd Lien cashout AND one ineligible 1st lien
What is ITIN and Non Perm ;
What percent of units must be sold or under contract as Owner Occupied?
What is 50%
Senior UW Team Lead (1 Conventional/Govt and 1 Non QM)
Conventional/Govt: Carrie Doolittle, Amy Cowger, Maureen Lamar
Non QM: Brennen Maloney, Ryan Raad, Dakota Hassa, Elizabeth Crawford, Blaire Hodzinski
California's capital is...
Sacramento
What requirement do I need to meet to allow 6 NSFs?
Cost for the 3rd extension
What is 7.5 bps
Max vacant units allowed for Multifamily Property
What is 2 units
A&D will finance what % of units in one condo project
20%
UW Support Team Lead
Elena Halt
What is the abbreviation for the state Missouri?
MO
CPA Letter requirements for income purposes
Attestation from CPA/CTEC/IRS agent they have filed OR reviewed previous year of tax returns OR financial audit, signature, license number and date
Max amounts of points that can be financed
What is 2%
What programs at A&D allow Manufactured Homes
VA, FHA, and Conventional
The max percent of units that can be late on their HOA dues
What is 15%
Lock Desk Team Lead (PM AND AM)
Polina Milstein, Kate Nixon or Ekaterina Nikonova
Chicago is the capital of which state?
None