Abbreviation
LT
Loan Transmittal
DOCUMENT A
USPS Address Verification
STEAL
100 points from the other player
Where should we check if file is PIW or PIA?
Underwriting Property Screen
What color of the follow-up flag in the conversation log should an auditor use if the file has no findings/exceptions?
Green Flag
VA
Veterans Administration
DOCUMENT B
AUS
AUS DU Findings
1008
Uniform Underwriting and Transmittal Summary 1008
Aside from Parties, what other BytePro screen are we also checking if file has a PMI Certificate?
ULDD (Uniform Loan Delivery Dataset)
What loans require a PMI Certificate?
Conventional loans with more than 80% of LTV.
PIW
Property Inspection Waiver
DOCUMENT C
PMI Certificate
92900A
FHA VA Application Addendum
What BytePro screen are we checking for the SPINAL date?
Status Screen
What are the information we are checking in byte, 1008, and AUS?
Interest Rate
Loan Term
Loan Amount
FHA
Federal Housing Administration
DOCUMENT D
VA Loan Summary Sheet
VA 26-086
92900LT
FHA Loan Underwriting and Transmittal Summary
After answering the ACES questionnaire, what screen should you go to where you have to fill in certain field (dates) that marks audit completion?
Additional Documentation Fields
What are the six information called SPINAL which is important before issuing the Initial Disclosures ?
S - SSN
P - Property Address
I - Income
N - Name of the Borrower
A - Appraised Value
L - Loan Amount
URAR
Uniform Residential Appraisal Report (1004)
DOCUMENT E
FHA Loan Underwriting and Transmittal Summary
92900LT
VA 26-6393
VA Loan Analysis
Aside from Home Screen, what other BytePro screens can you see the FHA Case Number?
FHA/VA Addendum 92900-A/26-1802a
FHA 92900-LT
FHA Addendum to URLA
Using a 2022 calendar, what are the valid business days when the Initial Disclosures (Loan Estimate - Initial) should be delivered if the SPINAL Date is 07/01/2022?
July 1, 2 ,5 ,6, 2022