What you know ?
Form 4377
Who am I ?
Ac-ron-nyms
Double or nothing
100
Income section is not required on this form
What is Verbal VOE
100
Document that has to be submitted when doing a WVOE
What is Signed Borrower Authorization
100
Determines what type of VOE is required
Who is the UW
100
Form 4377
What is WVOE
100
The percentage that determines if the employee is self employed .
What is 25%
200
Telephone number and business address , will first be confirmed through this
What is Data Verify/411.com
200
Only military personnel are required to fill out Section 2 question 13 for active military. TRUE OR FALSE
What is False
200
Responsible for getting the borrowers signed authorization form .....
Who is the LO
200
Form 61
What is VVOE
200
The website of the automated service that can be used to check the borrowers prior employment records.
What is THE Work Number or www.theworknumber.com
300
The form number for VVOE is .....
What is form # 61
300
Two ways that you can send the 4377 form ....
What is FAX or EMAIL
300
I am responsible for validating the borrowers employer name, employer address, and main number for the employer .
Who is the PROCESSOR
300
A verbal VOE for has to be completed at ____ by _____
What is CSD & APD
300
Completed by the processor , that contains information based off of data obtained from the CPA or the business license and the directory listing for that business.
What is Self Employed VOE
400
The person who completes the borrowers VVOE ...
Who is the Processor
400
The borrowers authorization form for a WVOE is located where in PCL
What is IMAGING
400
The borrower is allowed to transfer you to its employer HR or Payroll department . TRUE OR FALSE
What is FALSE
400
This is needed when the borrower has a 6 month gap of employment (30 days in some cases)
What is LOX
400
Self-employed VOEs are good for _____ days.
What is 30 days
500
The processor is only allowed to get information from ___ or ____ when completing an VVOE.
Who is HR or Payroll
500
In what section of the 4377 form does the processor has to sign _____
What is SECTION 1
500
I can confirm that a business is valid and has been in effect for at least 2 years .
Who is a CPA
500
Document sometimes needed by the UW that is completed by the processor with the borrowers employer
What is VOE
500
The number of self-employed businesses .
What is 5
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