Get Lender Qualifications

This guide provides comprehensive instructions on how to fill out the Lender Qualifications form online, ensuring you understand each section and field. Follow the steps outlined to successfully complete your application for MAP Lender approval.

Follow the steps to effectively fill out the Lender Qualifications form online.

1. Click the ‘Get Form’ button to retrieve the Lender Qualifications form and open it for editing.
2. Provide your organization’s name, address, employer identification number, contact details, and any branch offices relevant to multifamily business under Exhibit A.
3. Under Exhibit B, list the names and titles of individuals authorized to bind your organization in matters related to the MAP application process.
4. Complete Exhibit C by indicating the type of mortgagee and legal structure of your organization, along with details about parent companies if applicable.
5. Submit copies of relevant approval letters, including HUD Form HUD-92001, in Exhibit D to confirm FHA approval as a multifamily mortgagee.
6. Include your most recent financial statement in Exhibit E, ensuring it reflects compliance with the minimum net worth requirement.
7. Write a narrative outlining your methods of operation in multifamily lending for Exhibit F.
8. List your experience in multifamily loan origination under Exhibit G, detailing both FHA and conventional loans over the last five years.
9. For health care applications, submit resumes demonstrating relevant underwriting experience in Exhibit I.
10. Outline any lawsuits or claims against your organization in Exhibit K that could affect your lending practices.
11. After completing all exhibits, review the form thoroughly, save changes, then download or print the final version for submission or sharing as needed.

Start filling out the Lender Qualifications form online today for a smooth application process.