Get Calhfa Loan Submission Checklist - Calhfa Ca

The CALHFA Loan Submission Checklist is an essential document for individuals seeking California Housing Finance Agency loans. This guide provides a detailed, step-by-step approach to filling out the checklist online, ensuring that users can effectively compile and submit their information.

Follow the steps to complete the checklist accurately.

1. Click ‘Get Form’ button to obtain the checklist and review it in your chosen editing tool.
2. Begin with the upload section, where you will need to submit the signed underwriter approval and any necessary documentation related to FHA, VA, or conventional loans as specified.
3. Gather the required Genworth MI certificate, ensuring it is relevant for conventional first mortgages exceeding 80% LTV.
4. Include the final automated underwriting findings for FHA/VA or conventional loans, according to the guidelines stated.
5. Provide the lender's in-house underwriting approval and ensure the final or initial signed 1003 form is attached, verifying that any electronic signatures are properly dated.
6. Compile the necessary credit report, ensuring it matches the final automated underwriting system results.
7. For income documentation, include the verification of employment (VOE) that is either written or verbal, ensuring the start date is within 60 days.
8. Attach the most recent paystub(s) within the specified pay period, along with W-2 forms, 1099s, or award letters as needed.
9. If applicable, collect three years of IRS transcripts or the necessary combination of documents for non-first-time home buyers.
10. Ensure the calHFA tax return affidavit and verification of rents are provided if the borrower is not obliged to file taxes.
11. Submit the executed purchase agreement or escrow instructions as part of your application.
12. Include the appraisal (URAR) and the standard flood hazard certification for the life of the loan.
13. Add the preliminary title report, which should include the plat map and address supplement.
14. Attach the CalHFA borrower’s affidavit, the ZIP interest rate disclosure, and the homebuyer education certificate as per the program handbook.
15. For VA applicants, include the certificate of eligibility.
16. Once all sections are filled, review the completed form for accuracy and completeness. You can then save your changes, download, print, or share the checklist as needed.

Complete your CALHFA Loan Submission Checklist online today for a streamlined application process.