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CORRESPONDENT DELEGATED CLOSING PACKAGE STACKING ORDER Postposing Contact Sheet Correspondent wiring instructions or Bailee letter FHA proof of payment within 10 calendar days of closing MIN # registered
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How to fill out correspondent non-delegated closing package:

01
Gather all necessary documents: Before you begin filling out the correspondent non-delegated closing package, make sure you have all the relevant documents at hand. This may include the borrower's information, loan details, transaction history, and any other required paperwork.
02
Review the instructions: Familiarize yourself with the instructions provided with the correspondent non-delegated closing package. These instructions will guide you on the specific steps and information required for each section of the package.
03
Complete the borrower's information: Begin by filling out the borrower's information accurately. This may include their name, address, social security number, employment details, and other personal identification information.
04
Provide loan details: Enter all the necessary loan details, such as the loan amount, interest rate, term, and any other relevant information. Make sure to double-check the accuracy of these details before proceeding.
05
Document transaction history: Include a detailed transaction history that outlines the timeline of the loan process. This should include any changes, updates, or amendments made to the loan terms and conditions.
06
Attach supporting documents: Attach any supporting documents required for the correspondent non-delegated closing package. This may include income verification, asset statements, appraisal reports, and any other relevant paperwork.
07
Review and proofread: Before submitting the completed correspondent non-delegated closing package, take the time to review and proofread all the information provided. Ensure that there are no errors, missing details, or inconsistencies in the package.

Who needs correspondent non-delegated closing package?

The correspondent non-delegated closing package is typically needed by mortgage lenders, financial institutions, or loan officers who are involved in the process of originating or closing mortgage loans. It is an essential document for verifying and recording all the necessary information and details related to the loan transaction.
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Correspondent non-delegated closing package refers to a set of documents and forms that need to be submitted for a loan closing by the correspondent lender who has not been delegated authority by the investor.
The correspondent lender who has not been delegated authority by the investor is required to file the correspondent non-delegated closing package.
Correspondent non-delegated closing package should be filled out according to the instructions provided by the investor or loan program guidelines.
The purpose of correspondent non-delegated closing package is to ensure that all necessary documents and forms are submitted accurately and on time for loan closing.
Correspondent non-delegated closing package must report all the relevant details related to the loan, borrower, property, fees, and any other required information.
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