Form 1 - Loan Submission Summary Page 2
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3Loan Submission Summary (LSS) and Document Checklist
Form 1
Incomplete or inaccurate information will delay funding.
Please check off each item to confirm that you have enclosed all required documentation. Compiling
documentation in the order listed will expedite the review and funding process. Note: All credit documentation
should be original or lender-certified copies.
LEFT SIDE
CREDIT DOCUMENTS - unless required on the "Right Side", all documentation used in underwriting the
loan, including but not limited to:
IRS Form 4506-T
Executed IRS Form 4506-T transcripts. Vendor: ____________________________
LP Feedback Certificate or DU Underwriting Findings or FHA Loan Score
Verification of income/employment
Verification of assets
Signed Purchase Agreement w/ all addenda
Preliminary Title Work
Copy of Certificate of Eligibility
VA Indebtedness Letter
Other ______________________
ADDITIONAL DOCUMENTATION, AS APPLICABLE
Loan Sale Notice to MI Company
W-9(s)
Notice to Homeowners RE: Assumptions
HUD Form 2561, "Hotel and Transient Use of Property"
Federal Collection Policy Notice
Copy of VA Funding Fee Transmittal & check
VA 1820, "Certificate of Loan Disbursement"
Initial Truth-in-Lending
Initial RESPA Good Faith Estimate
Any redisclosed RESPA Good Faith Estimate(s) with changed circumstance detail attached in order of date
Final RESPA Good Faith Estimate (labeled FINAL)
Initial ARM Disclosures
Mortgage Broker Compensation Disclosure
®
Notice to HomePath
Program Buyers Regarding Appraisals
Other _________________________________
RIGHT SIDE
CLOSED LOAN PACKAGE DOCUMENTATION, AS APPLICABLE
Original Note with any addenda, endorsed to Wells Fargo Bank, N.A.
Copy of Note
Wiring Instructions/Bailee Letter
Borrower Interest Rate Date
Consolidation Extension Modification Agreement
Modification Agreement
Assignments (including intervening assignments), if non-MERS
Power of Attorney (POA)
Name affidavit(s)
Pay History for subject loan (required if seasoned two months or more, or if disbursement/curtailments made)
Copy of Mortgage/Deed of Trust with all required riders/addenda
Title commitment
Final signed HUD-1/HUD-1A – original certified true copy with any addenda
Evidence of refund of settlement charges, if applicable per RESPA
Buydown Agreement
Initial Escrow Disclosure Statement
Borrowers Notice of Transfer
1st Payment Letter
Hazard insurance policy or binder with proof of premium payment
Flood zone determination/Third Party flood certification
Flood insurance policy or application with proof of premium payment
Copy of loss payee change letter to insurer(s) naming Wells Fargo Bank, N.A., its successors and/or assigns
Tax Information Sheet
MI Certificate & documentation that initial premiums were paid
Final Inspection Report
Work Escrow Agreement
Right of Rescission
Final Truth-in-Lending (TIL)
Itemization of HUD-1 Fees – REG Z Itemization of Amount Financed or similar form.
Builder Grant Option Transmittal Form (Form 41), if applicable
Homebuyer Education Certificate
Post Purchase Delinquency Counseling Authorization (Seller Guide Form 12)
Other _____________________________________
Effective Date: January 18, 2011
Form 1 - Page 2 of 3
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