Stips Packet
Insurance
POR
Deal Structure
Miscellaneous
100
What is missing from this STIPS package (and was also missing from the Funding Packet)
Fund Delay - missed sending the odo picture to lender. Fixed Internally
** Multiple Misses **
100
Identify the reason for the fund delay.
The insurance does not list the borrower's name.
100
Why do we need POR for this deal? 
We are missing "St." in the LOS address.
100
What is the correct rate?
The LTV is 94%, the correct rate is 6.59%
100
Files are complete and ready for funding. What caused this Fund Delay?
AP23024514748 - Fund Delay This deal is in withdraw status.
Contact your ASM if you only see a Withdraw Status.
200
Can you find the reason for the Fund Delay?
Fund Delay - 1) Per CU mileage difference was not accepted, please correct bookout to match mileage on odometer pic.
200
What caused the delay?
Fund Delay: 1. Insurance binder needs correct VIN - Extra "1"
200
Why did this deal get delayed?
Fund Delay 1) DL, insurance and Reg are showing address number "6907" and docs showing "6908" please correct docs or upload matching POR.
200
What is LTV for this scenario?
The LTV is 94.42%
200
Identify this PenFed Delay:
Lienholder on VSC must be assigned to Penfed CU - P.O. Box 255483 Sacramento CA 95865 *the one we sent shows NASA
300
Why did the lender delay this stip?
Mileage shown on odometer picture is not visible - Please provide a visible odometer photo showing mileage
300
What is wrong with this insurance card?
Fund Delay: 1.) Vin on Insurance is for a different car
300
Why are we needing the address updated?
AP23024567307 - Need borrower address to match DL - "S" is currently listed on DL - not listed on docs
300
Based on the information below, what is the LTV? And can gap be sold?
FUND DELAY Front end below 70% - no gap allowed
300
What is missing from this credit?
Gross monthly income
Fund Delay 1) Please update credit app to include gross monthly income amount.
400
All of the provided information matches LOS and it was accompanied by an Expired ADD / reg - what was the cause of this fund delay regarding reg renewal receipt?
Missing transaction date
Fund Delay 1) REG renewal transaction date not listed. Please provide current reg or dated recent REG renewal.
400
What are the two issues that caused this delay?
1) Borrower's name must be listed as a covered driver on the insurance.
2) Insurance must be active at the time of funding
400
Why did this POR not suffice?
LOS: 8740 Francis Lewis B48 Queens Village NY 11427
FUND DELAY Please provide matching POR. Docs list BLVD, POR does not.
400
To qualify for terms 73-84 months, the vehicle must be 2016 or newer and less than ______ miles
70,000
400
What is missing from this DocuSign? Where would we find that doc if missing from DocuSign?
Missing credit score disclosure
Can be found in CUDL under forms.
500
Does the ODO go to the lender or just to Titles?
Fund Delay - Both, the lender requires the Odo and the Titles department uses the odo.
500
The borrower's name, the VIN and the deductibles match - What caused this fund delay?
The Insurance does not show current coverage, it
becomes effective April 16th, 2023.
500
How come we needed another form of POR?
Fund Delay 1. Send POR that shows Apt number or update all docs to match POR
500
What is the LTV? Can we sell gap on this deal?
LTV is 124.99% and yes gap can be sold, over 70% LTV
500
What is missing from the STIPS? (Also funding packet)
bookout missing - FIXED INTERNALLY