MISC
WHAT ARE THE 5 C'S?
CHARACTER, CAPACITY, CAPITAL, COLLATERAL & CONDITIONS
WHAT IS OUR GRACE PERIOD?
10 DAYS
HOW MANY DAYS DO YOU HAVE TO COMPLETE A LOAN ESTIMATE?
3
HOW MUCH IS A STANDARD CONSUMER PROCESSING FEE?
$165
WHAT IS NATHAN'S COMMERICAL VALIDATION FEE?
$200
WHAT GL ACCOUNT IS # 90015400 ?
LOAN CONTROL
WHERE DO YOU FILE A UCC?
SECRETARY OF STATE WEBSITE
HOW MUCH IS THE CONSTRUCTION PROCESING FEE?
$465
WHAT FORM IS REQUIRED IF THERE IS AN ADDRESS DISCREPENCY ON A CREDIT REPORT?
RED FLAG INCIDENT REPORT
WHO SIGNS THE BENEFICIAL OWNER FORM?
CONTROLLING MANAGER
WHAT IS THE POLICY MAX DEBT TO NET RATIO? AND WHEN DOES IT MATTER?
40%, UNSECURED
HOW LONG IS A FLOOD GOOD FOR?
7 YEARS
WHAT IS REQUIRED BY CLP FOR A LOAN ESTIMATE?
COMPLETED APPLICATION, CREDIT, INCOME DOCUMENTATION, MPW, (CONTRACT IF APPLICABLE)
WHAT IS THE CORRECT COLLATERAL DESCRIPTION FOR AN AUTO PURCHASE?
PURCHASE MONEY SECURITY INTEREST ON A (year, make, model, & VIN), DATED _____
WHAT IS A RESOLUTION?
A FORM TO BE COMPLETED WHEN NOT ALL PARTIES OF BUSINESS SIGN THE LOAN
WHEN CAN WE DO PRIVATE EDUCATION LOANS?
HELOC'S AND RE-SECURED
WHAT THIRD PARTY DO WE USE TO PULL FLOOD DETERMINATIONS?
SOLIDIFI
WHEN DOES A 1099-S NEED TO BE LOGGED IN CSI?
WHEN FSNB IS THE CLOSING AGENT, AND THE SELLER ANSWERS FALSE TO ANY QUESTIONS ON THE 1099-S QUESTIONNAIRE
AT WHAT LOAN AMOUNT ARE WE REQUIRED TO HAVE AUTO INSURANCE ON FILE?
$35,000
WHAT IS A VARIABLE RATE?
WHO PREPARES A LOAN MODIFICATION?
LOAN SUPPORT, UNLESS TRID
WHAT TRAN CODE IS RAN FOR A INTEREST ONLY PAYMENT?
174-INT ONLY
WHICH OFFICES ARE ON BETHEL'S APPROVED LIST OF PROVIDERS?
CLARK TITLE COMPANY AND RANDAL EPLEY
HOW MANY DAYS PAST DUE BEFORE YOU CAN REPO?
1 DAY (PER STEVE CROFT)
AT WHAT LOAN AMOUNT IS A PRE-PAYMENT PENALTY SUGGESTED?
$150,000