Prior Approval Underwriting Submission Checklist (Page 2 of 5) in pdf

Please f orward t he

completed c hecklist

together w ith t he

requested d ocumentation

NEW J ERSEY H OUSING A ND M ORTGAGE F INANCE A GENCY

as f ollows:

ATTENTION: S ingle F amily D ivision

637 S O. C LINTON A VENUE

TRENTON N J 0 8611

( For u se w ith o vernight d elivery s ervices)

PARTICIPATING L ENDER C ONTACT I NFORMATION:

Please p rovide t he n ame a nd c ontact i nformation o f t he p arty s ubmitting t his S mart S tart a pplication.

Name: _ ______________________________ T elephone N umber: _ ________________________

Address: _ _________________________________________

_ _________________________________________

Email A ddress: _

____________________________________

This c hecklist i s t o b e p rovided w ith t he s ubmission p ackage.

Please n ote, i f a S mart S tart L oan i s f ound t o b e d efective o r f atally f lawed f or a ny r eason, a nd t he d efects o r f laws c annot

be resolved the Agency will not purchase the Smart Start Loan or the accompanying Homeward Bound First Mortgage

Loan.

-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐ F OR F HA A PPLICATIONS O NLY -‐ -‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐

-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐-‐

SMART S TART A WARD L ETTER:

Please provide the name, street mailing address and phone number of the specific person you would like the original

Smart Start Award Letter to be mailed to within your organization prior to closing. The Award Letter will always be

addressed t o t he P articipating L ender, h owever m ay b e f orwarded t o t he c losing a gent s hould t ime b e a c ause f or c oncern.

If the Award Letter is to be forwarded to a party other than the Participating Lender, a written request from the

Participating L ender i s t o b e p rovided t o t he A gency a nd m ust i nclude t he a lternate c ontact i nformation f or e xpediting t he

issuance o f t he l etter.

Name: _ ______________________________ T elephone N umber: _ ________________________

Address: _ _________________________________________

_ _________________________________________

Important:

When the Smart Start Loan is approved, the original Smart Start Award Letter will be provided together with

closing instructions, all conditions and requirements of the approval and closing instructions must be met in

order to purchase the Smart Start Loan. Upon approval only one original award letter will be issued. It will be

incumbent u pon t he P articipating L ender t o e nsure t hat t he o riginal a ward l etter i s e xecuted a nd r eturned t o t he A gency

together w ith t he p ost-‐ c losing p ackage.

Page 2

HMFA-‐99 ( SS)

NJHMFA S mart S tart U W S ubmission C hecklist 6 .1.16

Prior Approval Underwriting Submission Checklist Page 2

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