In Process
When does the Loan Estimate expire?
What is 10 business days from when the loan came into process.
Daisy and Donald are purchasing a home together. Daisy has an auto loan that Mickey is paying. In order to exclude this debt from the DTI, how would this be handled?
What is 6 months proof of payment from Mickey/Bank statements.
Who obtains the mortgage payoff?
Who is the closing attorney/paralegal.
What loans are subject to HOEPA?
What are primary residences.
This city is the capital of France.
What is Paris.
What is the rate upcharge for a structural home improvement loan?
What is .25%
What items must you obtain for a home improvement loan?
What is the signed invoice/estimate and active contractors license.
How many days is the title commitment good for?
What is 30 days.
This is the qualification for the Right of Rescission?
What is primary residence at the time of closing.
This is the chemical symbol for water.
What is H2o.
What loans have a tax service fee?
What is ALL loans.
When does the Notice of Special Flood Hazards and Availability of Federal Disaster Relief Assistance have to be signed?
What is at least 10 days before closing.
You pulled a VOE for Mickey Mouse using The Work Number, and then closing was pushed out for 3 more weeks. How do you obtain your final VOE? Assume that verbal is not an option.
What is a re-verification.
Where can you get a payoff for a Founders judgment?
What is settlements@foundersfcu.com.
This was the only U.S. President to serve more than 2 terms
Who is Franklin D. Roosevelt.
When would we not escrow flood insurance?
What is a HELOC.
What are the requirements to waive escrow?
What is 80% LTV or less and non-HPML loan.
What information must you complete in File Contacts for a title only borrower?
What is the first and last name, email, phone number, and vesting type.
We have completed final underwriting on Bailey Balooga's loan and 5 days before closing, he decides to withdraw. How is this processed?
What is Approved, Not Accepted.
This streaming service is known for Stranger Things and The Crown.
What is Netflix.
When can you lock a rate with a dispute on the credit report that is against B1?
What is a non-derogatory dispute or a dispute older than 24 months.
If the loan amount increases during the loan process, what step must you take prior to redisclosing to ensure fees are accurate?
What is pull a new settlement fee quote.
What are the 6 Clear to Close conditions?
What is: Request a closing date, update liabilities, update file contacts, update mortgagee, verify rate lock, and verbal VOE.
What is the criteria to be approved for a HELOC secured by a mobile home?
What is a double-wide with Founders holding the first mortgage, not to exceed 80% LTV.
Launched in 1980, what popular video game features four ghosts named Blinky, Pinky, Inky, and Clyde?
What is Pac-Man.