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Date:
Broker Company Name:
Loan Officer:
Processor:
Email:
Purpose
Purchase
FTHB
Rate/Term Refinance
Cash-out Refinance
Single Family
PUD
2-4 Units
Condo Warrantable
Occupancy:
Primary Residence
Second Home
Non-Owner Occupied
Loan Submission Form
Broker Information
Borrower Information
Property Type:
www.ClearEdgeLending.com
07.08.2019
Phone:
Borrower Email:
Co-Borrower Email:
Co-Borrower Email:
Co-Borrower Email:
State: Zip:
Non-Permanent Resident AlienUS Citizen/Permanent Resident Alien
Individual Trust LLC Corp
Transaction
Foreign National(Available on Investor Edge or Core Only)
POA
Borrower Name:
Co-Borrower Name:
Co-Borrower Name:
Co-Borrower Name:
Property Address:
City:
Citizenship:
Borrower Type:
Transaction
Transaction
Email: Phone:
Contract Processor NMLS #:
Condo Non-warrantable
Estimated Closing Date:
Impounds*: Yes
No
Sales Price:
Est. Property Value:
Loan Amount:
LTV:
Credit Score:
Pricing:
Lender Paid %:
Borrower Paid %:
Rate:
Discount Points:
Lender Credit:
Processing Fee:
*Required for HPML, Investor Edge or Foreign National
ower Paid)
cury)
Please provide DU or LP underwriting findings report or provide Certification below that loan does not qualify for agency/government Loan Programs and why.
Import 3.2 file to generate loan number ClearEdge Submission Form
www.ClearEdgeLending.com
Program
Full Doc DSCRNo Ratio
Full Doc Express Doc (1 yr W-2s/1040s/1099s)
12 12
24 Business Bank Stmts 24 Personal Bank Stmts
Investor Edge*
3/1 ARM5/1 ARM7/1 ARM
3 YR PP2 YR PP1 YR PP0 YR PP
Agency Edge
12 12
24 Business Bank Stmts 24 Personal Bank Stmts
5/1 ARM
5/1 ARM I/O 7/1 ARM7/1 ARM - I/O30 YR Fixed Rate
40 YR Fixed I/O
Exception RequestPlus OR Core
Ineligibility Certification
Submission ChecklistSkinny-Package (Disclosing purposes)
Fee Sheet 1003 - Signed by LO w/NMLS ID - dated within 24 hours of submission
ClearEdge Submission Form Fee Sheet Credit Report (Foreign National see below requirements) DU or Ineligibility Certification
Full Package (All Programs)
1003 - Signed by LO w/NMLS ID - dated within 3 days of disclosures Anti-Steering Disclosure (Lender Paid Comp Only)Purchase ContractIncome Documentation (See requirements below)
Most Recent YTD Paystub (w/at least 30 days earnings) 2 years W-2s for Wage Earner2 years 1040s for Self-Employed and YTD P&L 2 years Business Tax Returns for Self-Employed and YTD P&L 2 Months Most Recent Asset Statements (Closing costs/Reserves)
Full Doc
Most Recent YTD Paystub (w/at least 30 days earnings)1 year W-2s for Wage Earner1 year 1040s for Self-Employed and YTD P&L1 year Business Tax Returns for Self-Employed and YTD P&L 2 Months Most Recent Asset Statements (Closing costs/Reserves)
Express Doc
Personal Bank Statements Business Bank Statements
Document Type
12 or 24 Months Most Recent Bank Statements2 Months Most Recent Asset Statements (Closing costs/Reserves) 2 Months Business Bank Statements
12 or 24 Months Most Recent Bank StatementsP&L covering the same time frame (or use Expense Factor)2 Months Most Recent Asset Statements (Closing costs/Reserves)
Asset Utilization Investor Edge Program
4 Months Most Recent Bank Statements
Copyright 2018. SG Capital Partners of California LLC dba ClearEdge Lending. NMLS ID 1139164. http://www.nmlsconsumeraccess.org. Information is intended solely for residential mortgage lending professionals. Not intended for consumers, nor for distribution to the general public. This communication does not constitute an advertisement as defined by Section 1026.2 of Regulation Z of the Truth In Lending Act. Rates, fees and programs are subject to change without notice. Other restrictions may apply. All Rights Reserved. Equal Housing Lender.
Loan Submission Form
Lease Agreements or Documentation of Market Rent2 Months Most Recent Asset Statements (Closing costs/Reserves) Foreign Nationals: Valid Passport and Visa to enter the US Foreign Nationals: Foreign Credit Report OR 2 Credit reference letters and 1 bank reference letter (translated to English)
*Impounds required
Asset Utilization
5/1 ARM5/1 ARM I/O7/1 ARM30 YR Fixed 40 YR Fixed I/O40 YR ARM I/O -Core Only
07.08.2019