Va Sponsorship Request Form - 2014
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2VA SPONSORSHIP REQUEST FORM
___________________________, (“Company”) hereby requests that First
Guaranty Mortgage Corporation (“FGMC”) appoint it as its agent for the purpose of
originating and/or processing Department of Veterans Affairs loans (“VA”) Sponsored
Mortgage Loans, subject to the terms and conditions of applicable laws and regulations,
including, but not limited to VA Pamphlet 26-7(d), Revised (“Request”).
If accepted and approved as an agent for FGMC _________________________
agrees to abide by the requirements set out in this Request form and provides the
following information:
AGENT’S NAME, ADDRESS, GEOGRAPHIC AREA OF LOAN ORIGINATION
AGENT:
____________________
AGENT’S CONTACT:
____________________
AGENT’S ADDRESS:
____________________
AGENT’S GEOGRAPHIC ORIGINATION/CLOSING AREA: ______________
AGENT’S PHONE NO:
____________________
AGENT’S FAX NO:
____________________
AGENT E-MAIL:
____________________
TAX ID #:
____________________
AGENTS’S BROKER/LENDER VA ID NUMBER:
__________________
PRIOR VA APPROVAL DATE:*
____________________
FUNCTIONS AND RESPONSIBILITIES OF THE AGENT:
1. Taking complete loan application with all appropriate state and federal disclosure
as well as required VA forms including, but not limited to:
• FORM 26-1802A VA Addendum to Application
-
Agent Information Section must be completed in the name of:
__________________________________________, Agent.
-
Lender Information Section must be completed in the name of
FIRST GUARANTY MORTGAGE CORPORATION
• FORM 26-0592
Counseling Checklist for Military Buyers
• FORM 26-1880
Determination of Eligibility and Certificate of
Eligibility
• FORM 26-8937
Verification of VA Benefit and elated indebtedness
• Interest Rate and Discount Disclosure Statement
• General VA disclosure requirements covering: Assumability,
Federal Collection Policy, VA Funding Fee Acknowledgement,
Debt Questionnaire and Child Care Expense.
• Other forms and documents necessary to complete the VA loan
origination/closing process and procedures.
2. Ordering credit report.
3. Processing of loan including:
• Ordering verifications
• Gathering pay stubs, W-2’s bank statements and tax returns
• Initiating/ordering termite inspections
• Ordering flood certifications.
• Gathering any other information necessary for a loan determination
and closing.
*If you do not have prior VA approval date, log into VA portal
athttps://vip.vba.va.gov/portal/VBAH/Home
and click on “Community Subscription” and print your VA
approval information and include with this Request.
FGMC Master-May, 2014
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