Mortgage Loan Program Loan Transmittal 1 st Mortgage

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1 Mortgage Loan Program Loan Transmittal 1 st Mortgage INSTRUCTIONS: Deliver a copy of this form along with the following documents as specified. Finance Agency 400 Sibley Street, Suite 300 St. Paul, US Bank Home Mortgage 1817 Plymouth Road South 2 nd floor Minnetonka, Lending Partner Lending Partner Loan # Contact Person Contact Phone # MHFA Loan # Borrower Last Name Borrower First Name MI ESCROW CERTIFICATIONS (complete only for initial submission to Loan ) Escrow Fund Transactions Funds Collected at Closing Funds Collected with Payments Funds Disbursed # of Months Amount # of Months Amount Paid thru Date Amount Hazard Insurance FHA/PMI Insurance Taxes Other TOTALS (A) (B) (C) Remaining Escrow Balance Forwarded to (A+B-C) $ Taxes Not Paid Next due: May Oct MLP_Loan_Transmittal_1 st _Mortgage 1 of 6 05/08

2 Escrow Check and Certification Initial Loan Application Final Loan Application (typed) Payment Breakdown Letter, signed by Borrower (1 st payment letter) Loan Payment History Mortgage Note (Endorsed to Finance Agency) Mortgage with Mortgage Deed Amendment (unrecorded) Recorded Mortgage with Mortgage Deed Amendment Recorded Assignment of Mortgage HAF Note (Endorsed to Finance Agency), if applicable HAF Second Mortgage, if applicable (unrecorded) Recorded HAF Second Mortgage, if applicable Recorded Assignment of HAF Mortgage Borrower Affidavit Property Seller Affidavit Title Insurance Policy Plat Drawing and/or Plat Survey HUD-1 Settlement Statement and any attachments Initial Escrow Account Disclosure Statement MLP_Loan_Transmittal_1 st _Mortgage 2 of 6 05/08

3 Purchase Agreement (No personal property) Appraisal/Attachments Property Photos - Conventional Tax Certification (Property tax information) Hazard Insurance Binder/Policy & paid receipt Flood Insurance Application & paid receipt Flood Certification Hazard and Flood Insurance Loss Payee change letters W-9 Form Final Truth-In-Lending Disclosure Statement RESPA Good Faith Estimates Verifications of Employment Verifications of Deposit Credit Reports Credit Explanation Letters Signed Federal Tax Returns (3 years) Transfer of Servicing Notice at Application Transfer of Servicing Notice at Transfer (RESPA Goodbye letter) Builder Warranty, if applicable Project Approval Notice (PUD s only) Declaration and Bylaws (Condo or Pud s only) Subsidy Recapture Disclosure Statement MLP_Loan_Transmittal_1 st _Mortgage 3 of 6 05/08

4 Interpretation of Laboratory Findings (private wells) Final Inspection Report and Signed Escrow Agreement, if applicable Condo/PUD Approval, if applicable Homeownership Education Certification, if applicable Ground Lease (CLT transactions only) Federal Administration (FHA) Record Change (HUD 92080) (if not sent electronically) FHA Mortgage Insurance Certificate (HUD Form ) Direct Endorsement (HUD 92900) Mortgage Credit Analysis Worksheet (HUD Form 92900) Notice to Buyers ( Form) FHA Conditional Commitment and Specific Conditions Federal Administration (FHA) 203 K Streamlined (in addition to all documents required for FHA loans) Maximum Mortgage Worksheet (HUD-92700) 203 K Borrower s Acknowledgement (HUD A) MLP_Loan_Transmittal_1 st _Mortgage 4 of 6 05/08

5 FHA Contract Addendum Rehabilitation Loan Agreement Rehabilitation Loan Rider Escrow Commitment Procedure Statement of Understanding Mortgagers Letter of Completion Final Release Notice Conventional Loan Transmittal Summary (FNMA Form 1008) PMI Certificate Mortgage Change Letter PMI Disclosure Statement Rural Development (RD) Loan Transmittal Summary (FNMA Form 1008) Loan Note Guarantee (RD ) Conditional Commitment (RD ) Lender Record Change (RD ) MLP_Loan_Transmittal_1 st _Mortgage 5 of 6 05/08

6 Veteran Administration (VA) VA Loan Guaranty Certificate (VA ) VA Funding Fee Transmittal Certificate of Eligibility Certificate of Loan Disbursement (VA ) Certificate of Reasonable Value and Conditions Notice to Veteran and Consent Loan Analysis Form (VA ) MLP_Loan_Transmittal_1 st _Mortgage 6 of 6 05/08

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