Get Loan Origination File Checklist - Mgic

Filling out the Loan Origination File Checklist - MGIC is an essential step in ensuring all required documentation is compiled for the mortgage insurance underwriting process. This guide provides clear and actionable steps to assist users in completing the checklist accurately and effectively.

Follow the steps to complete the checklist with ease.

1. Click the ‘Get Form’ button to obtain the checklist and open it in an editing interface.
2. Begin by reviewing the required documentation list, including the MGIC Mortgage Insurance Application and the loan application form (1003/65). Ensure you have these documents ready before filling in the checklist.
3. Fill in each section as instructed, starting with borrower verification information, such as credit reports and income documentation for all borrowers.
4. Continue to complete the property valuation documentation section, which may include appraisals and sales contracts. Make sure to attach any required addenda or supporting documents.
5. Proceed to enter any relevant underwriting notes and approvals into the designated sections. This is vital for maintaining a comprehensive record of the loan's status.
6. Review the checklist thoroughly for completeness and accuracy. Ensure every field is filled out as necessary according to the guidelines provided.
7. Once you have completed the checklist, you can choose to save your changes, download a copy, print it for your records, or share it with relevant parties as needed.

Start completing your Loan Origination File Checklist online today for a smooth mortgage insurance process.