1048 Form - Loan Change Request Form
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1#1048
LOAN CHANGE REQUEST FORM
*Please complete the requested loan change(s) & upload this form for Underwriter Review and Approval
LOAN NUMBER:______________________
DATE: _________________________
ORIGINAL LOAN TERMS:
BORROWER: ________________________________________________________________________
ADDRESS: __________________________________________________________________________
LOAN AMOUNT: ____________________________________________________________________
RATE: ________________________________ TERM: ________________________________________
HAS THE CLOSING DISCLOSURE (CD) BEEN ISSUED?
YES /
NO/
NOT APPLICABLE
REASON FOR CHANGE:
Borrower has requested a change in loan terms and/or product types
Property Type change (ie: such as Single Family to Condo)
Credit Quality change due to new information received (ie: FICO score, DTI, income…)
Legal Address error (ie: misspelling, directional error, Avenue vs. Street,..)
(Does not include change in legal address)
Property Value change
Loan Amount change
Request from Float to Lock
Rate lock on loan has expired / Date of lock expiration: ____________________________
Other :_______________________________________________________________________________
REQUESTED CHANGE:
LOAN AMOUNT: __________________
________________
(Base Loan Amount)
(Note Loan Amount)
PROGRAM CHANGED TO: _________________________
(Changing to: Stream Line, USDA, FHA, DURP, One Time Close, etc...)
RATE: _______ TERM: _______
Waive Impounds:
Y
N
SALES PRICE: ____________________
CHANGE IN CLOSING COSTS / FEES
(ex: Settlement Attorney, Quick Claim Deed, VOE, APR related fees, etc…)
Amount of Previous Fee
Amount of Fee Due to
Fee Name
Fee Paid By
Disclosed
Changed Circumstance
:
$
$
:
$
$
:
$
$
:
$
$
NON BORROWING OWNER (NBO) ADDED/REMOVED FROM TITLE:
________________________________________
________________________________________
(Full Legal Name Vested/to be Vested)
*Email address for vested individual
COMMUNITY PROPERTY STATE SPOUSE ADDED/REMOVED FROM TITLE:
_________________________________________
_______________________________________
(Full Legal Name Vested/to be Vested)
*Email address for vested individual
* Email address will be required to deliver E-Consent Acceptance E-mail
Loan Change Requested by: _______________________________________________________
AFR Correspondent / Loan Change Request Form / Revised 10/2/2015
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