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Loan Submission Form NonDelegatedFor Submission Questions, contact the VCI Support Team NonDelegated Correspondent Information Correspondent Name:Date:Processor Name: Processor Email:Processor Phone:2nd

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What is non-delegated loan submission form?

The non-delegated loan submission form is a document used by lenders to submit loan applications that do not fall under a delegated authority, meaning the lender does not have the authority to approve loans independently.

Who is required to file non-delegated loan submission form?

Any lender or financial institution that does not have delegated underwriting authority and wants to submit a loan application for review must file the non-delegated loan submission form.

How to fill out non-delegated loan submission form?

To fill out the non-delegated loan submission form, one must provide borrower information, loan details, property information, and any necessary supporting documentation as per the guidelines outlined by the relevant financial authority.

What is the purpose of non-delegated loan submission form?

The purpose of the non-delegated loan submission form is to ensure that loan applications are properly reviewed and approved by designated authorities when the lender does not have the authority to approve loans themselves.

What information must be reported on non-delegated loan submission form?

The information that must be reported includes borrower details, loan type, loan amount, property address, and any relevant financial documentation to assess the borrower's eligibility.

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