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Correspondent Closed Loan Submission Form Borrower SPM Loan #:Correspondent Name:Correspondent Contact: Correspondent Phone:Correspondent email:Date:Fulfillment Provider (if applicable): Fulfillment

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How to fill out correspondent closed loan submission

01

Gather all necessary documents such as loan application, borrower's information, loan terms and conditions, and closing documents.

02

Review and understand the loan submission requirements and guidelines provided by the correspondent lender.

03

Complete the loan submission form accurately, ensuring that all required fields are filled out correctly.

04

Attach the relevant documents to the loan submission form, making sure they are organized and labeled properly.

05

Double-check the loan submission for any errors or missing information before submitting it.

06

Submit the closed loan submission either through an online platform, email, or fax as specified by the correspondent lender.

07

Keep a record of the submitted loan for future reference or in case any additional information is required.

Who needs correspondent closed loan submission?

01

Banks and lending institutions that operate as correspondent lenders need correspondent closed loan submissions. Mortgage brokers or loan originators who work with correspondent lenders also require this submission to provide the necessary loan documents and information.

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What is correspondent closed loan submission?

Correspondent closed loan submission is a report that must be submitted by correspondent lenders to provide detailed information about closed loans.

Who is required to file correspondent closed loan submission?

Correspondent lenders are required to file correspondent closed loan submission.

How to fill out correspondent closed loan submission?

Correspondent lenders need to fill out the correspondent closed loan submission form with all the required information about the closed loans.

What is the purpose of correspondent closed loan submission?

The purpose of correspondent closed loan submission is to provide transparency and accountability in the lending process.

What information must be reported on correspondent closed loan submission?

Information such as loan amount, interest rate, borrower details, and property information must be reported on correspondent closed loan submission.

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