Get Processing Checklist - Norcom Partners

The Processing Checklist - Norcom Partners is a crucial tool for ensuring a smooth loan processing experience. This guide provides clear instructions on how to accurately complete this form online, addressing each section and field with detailed guidance.

Follow the steps to accurately complete the Processing Checklist.

1. Click the ‘Get Form’ button to obtain the Processing Checklist - Norcom Partners and open it in your preferred editor.
2. Begin by filling in the Loan Number and Your Name at the top of the form. Ensure all information is accurate to prevent delays.
3. Complete the DAP# and Case Number fields, including the Success field as applicable. For wholesale cases, confirm if the Case# is in the correct name and verify the Sponsor ID.
4. Fill out the FHA Checklist section, marking the appropriate boxes for CHFA and DAP, as well as the Refi Authorization.
5. Review the LDP/GSA field, checking if the score meets the required DTI based on the LTV chosen.
6. In the following disclosures section, ensure all required disclosures are marked as completed, including the Amendatory Clause and Identity of Interest Certificate.
7. Enter the Loan Purpose and Property Type. Ensure that the Purchase Price and Seller Credits are filled in accurately.
8. Complete the Flood Ordered and Zone fields, along with the USPS Match and Section 32 TIL.
9. In the Credit section, verify that the borrower's name and SSN match the report. Document the credit report pulled date and signature date.
10. Proceed to the Income section, ensuring all paystubs, W2s, and tax returns are accounted for within the required dates and documents.
11. Review the Assets section, confirming all bank statements are included, checking for large deposits, and ensuring all gifts are documented properly.
12. Ensure the Property section has the fully executed Purchase and Sales agreement and that the actual target date is clarified with the loan officer if closing is near.
13. Before submitting, check the UW’ing section for the most recent findings and clear out older documents.
14. Finalize by checking if the 4506 T is in the file, whether credit supplements are ordered, and if attorney information is included.
15. Save your changes, and consider downloading or sharing the completed form as necessary.

Start completing your Processing Checklist - Norcom Partners online today and ensure a smooth loan processing experience.