Uniform Underwriting and Transmittal Summary
I.
Borrower and Property Information
Borrower Name
SSN
Co-Borrower Name
SSN
Property A ddress
Property Type
P roject Classification
O ccupancy S tatus
Additional P roperty Information
1 unit
Primary Residence
Freddie Mac
Fannie Mae
Number of Units
2- to 4-units
Streamlined Review P Limited Review New Detached E PUD
1 Co-op
Second Home
S ales Pri c e
$
Condominium
Establi s hed P roject
Q Limited Review Established
F PUD
2 Co-op
Investment Property
A ppraised Value $
PUD
Co-op
New Project
R Expedited Review New
T PUD
T Co-op
P roperty Rights
Manufactured Housing
Detached Project
S Expedited Revi e w Established
Fee Simple
Singl e W ide
Multi w ide 2- to 4-uni t Project
T Fannie Mae Review
Leasehold
Reciprocal Review
U FHA-approved
V Refi P lus™
Proj e ct Name
CPM P roject ID# (if any)
II.
Mortgage Information
Loan Type
Amortization Type
Loan Purpose
Lien Position
Conventi o nal
Fixed-Rate—Monthly Payments
P urchase
First Mortgage
FHA
Fixed-Rate—B iweekl y Payments
Cash-Out Refinance
A mount of S ubordinate Financing
VA
Balloon
Limited Cash-Out Refinance (Fannie)
$
USDA/RHS
ARM (type)
No Cash-Out Refinance (Freddie)
(If HELO C, incl u de balance and credit li m it)
Other (specify)
Home Improvement
S econd Mortgage
Construction to P ermanent
Note Information
Mortgage Originator
Buydown
If Second Mortgage
S eller
Y es
Original Loan Amount
$
O wner of First Mortgage
B roker
No
Fannie Mae
Freddi e Mac
Ini t ial P& I Payment
$
Correspondent
S eller/Other
Ini t ial Note Rate
%
Terms
Loan Term (in months)
Broker/Correspondent Name and Company Name:
O riginal Loan Amount of First Mortgage
$
III.
Underwriting Information
Underwriter’s Name
Appraiser’s Name/License #
A ppraisal Company Name
Stable Monthly Income
P resent Housing Payment:
$
Borrower
Co-Borrower
Total
P roposed Monthly Payments
0.00
Base Income
$
$
$
B orrower’s P rimary Residence
Other Income
$
$
$
0.00
First Mortgage P&I
$
0.00
Positi v e Cash Flow
$
$
$
S econd Mortgage P &I
$
(subject property)
Hazard Insurance
$
0.00
0.00
0.00
Total Income
$
$
$
Taxes
$
Mortgage Insurance
Qualifying Ratios
Loan-to-Value Ratios
HOA Fees
$
Primary Housing Expense/Income
%
LTV
%
Lease/Ground Rent
$
Total Obli g ations/Income
%
CLTV/TLTV
%
Other
$
Debt-to-Housing Gap Ratio (Freddie)
%
HCLTV/HTLTV
%
Total P rimary Housing Expense
$
0.00
Other Obl i gations
Qualifying Rate
Level of P roperty Review
Negative Cash Flow
$
Note Rate
Exterior/Interior
%
(subject property)
Exterior Only
% A bove Note Rate
%
A ll O ther Monthly P ayments
$
No A ppraisal
% B elow Note Rate
%
Total A ll Monthly Payments
$
0.00
Bought-Down Rate
%
Form Number:
Other
%
Borrower Funds to Close
Required
$
Risk Assessm ent
Escrow (T&I)
V erified A ssets
$
Manual Underwriting
Yes No
AUS
S ource of Funds
DU LP O ther
No. of Months Reserves
AUS Recommendation
Interested Party Contri b utions
%
DU Case ID/LP AUS Key#
Yes No
LP Doc Cl a ss (Freddie)
Comm unity Lending/Affordable Housing Initiative
Yes No
Representative Credit/Indicator Score
Home Buyers/Homeownership E ducation Certificate in file
Underwriter Comm ents
IV.
Seller, Contract, and Contact Information
Seller Name
Contact Name
Seller Address
Contact Title
Contact Phone Number
ext.
Seller No.
Investor Loan No.
Contact
Seller Loan No.
Signature
Freddie Mac Form 1077
06/09
Page 1 of 1
Fanni e Mae Form 1008
06/09