Get Seller-lender Application Form 1-2009.doc

The Seller-Lender Application Form 1-2009 is an essential document for lenders participating in the New York state mortgage program. This guide provides a streamlined approach to completing the form online, ensuring you provide all necessary information accurately and efficiently.

Follow the steps to fill out the Seller-Lender Application Form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling out the applicant’s general information section. Provide your name, date of organization, jurisdiction, and office addresses. Ensure all details are accurate.
3. Continue to complete the lender institution type by selecting the appropriate checkbox that best describes your institution.
4. In the section about minority- and woman-owned status, indicate if applicable by checking 'Yes' or 'No'.
5. List the top five investors to whom you sold home mortgages during the past fiscal year based on the dollar amount sold. Be detailed and accurate.
6. Provide information regarding your company’s MERS membership and usage, selecting 'Yes' or 'No' as appropriate.
7. Complete the fields for insurance types, providers, coverage amounts, and deductibles for Fidelity Bond and Errors & Omissions coverage.
8. Fill in the contact information section for key personnel including the Chief Executive Officer, Chief Financial Officer, and others as needed.
9. Indicate the method of funding for SONYMA loans and complete the related bank information if you are using a warehouse line.
10. In the third-party originations and servicing sections, indicate whether you plan to utilize third parties and provide required details.
11. Complete the statistical data section specifically for 1-4 family mortgages, ensuring accuracy in the reported amounts for the last twelve months.
12. Identify the counties where you originate and service loans as directed in the form.
13. Finally, review and sign the certification section to confirm the accuracy of all information provided and attach any required documentation.
14. Once all sections are filled out, save changes, and choose to download, print, or share the completed form.

Begin completing the Seller-Lender Application Form online now for a smooth submission process.