Get Rhs Debt Ratio Waiver Request/payment Shock Waiver Form - Fusion Centurylending

Filling out the RHS Debt Ratio Waiver Request/Payment Shock Waiver Form is an important step for borrowers seeking financial assistance when their mortgage ratio exceeds the threshold limit. This guide will provide you with clear, step-by-step instructions to easily navigate and complete the form online.

Follow the steps to fill out the RHS Debt Ratio Waiver Request/Payment Shock Waiver Form effectively.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred editing software.
2. Begin by filling in the broker's name and the applicant's name in the designated fields at the top of the form.
3. Enter the credit scores for both the applicant and the co-applicant in the provided slots.
4. Indicate whether you are requesting a Payment Shock Waiver or a Debt Ratio Waiver by checking the appropriate box.
5. Review the list of requirements to qualify for a waiver. Circle the numbers corresponding to at least three compensating factors that apply to your situation.
6. Ensure you have attached any required supporting documentation that substantiates your claims on the form.
7. Lastly, secure the broker's signature and date the document before submission.
8. Once completed, save the changes, and use the options to download, print, or share the form as needed.

Complete your RHS Debt Ratio Waiver Request/Payment Shock Waiver Form online today!