HUB Quick Submit
1. Import MISMO 3.4 File
Step |
Action |
1 |
Log into The HUB |
2 |
Click Import Loan File. |
3 |
Click Browse. |
4 |
Navigate to and double-click the MISMO 3.4 file. |
5 |
Click Proceed. |
2. Enter Short Application Required Information
Step |
Action |
1 |
Go to Loan Summary->Short Application Screen. |
2 |
Enter the MLO Email address. |
3 |
Enter the Loan Application Date. |
4 |
Enter the Settlement Date (Est). |
5 |
Enter the Qualifying Credit Score. |
6 |
Click Save. |
3. Enter Broker Contact Information
Step |
Action |
1 |
Go to Loan Summary -> Contacts. |
2 |
Click Set to enter the Broker Contact Info. |
3 |
Click Save. |
4. Locked or Floated Rate
To lock loan prior to submission |
· Go to Loan Processing-> Lock Management. · Click Lock. |
For Unlocked Loans |
· Go to Loan Processing -> Fees & Closing Costs · Click Broker Compensation and complete. |
5. Enter Fees & Closing Costs
Step |
Action |
1 |
Go to Loan Processing -> Fees & Closing Costs. |
2 |
If applicable, Add Credits (seller credits), Add New Escrow, and Add New Fees/Quick Fees. |
3 |
Click Generate Title & Recording Fees. |
4 |
For all Section C fees or to update Service Provider: Click Service Providers Tab. |
6. Upload Documentation
Step |
Action |
1 |
Go to Loan Processing -> Upload/View Documents |
2 |
Click Upload Documents. |
3 |
Attach: · Broker credit report or AUS findings · Contract of Sale (purchase loans only) · Max Mortgage Worksheet (renovation loans only) |
7. Submit to Automated Underwriting
Step |
Action |
1 |
Go to Loan Processing ->AUS |
2 |
Click Fannie Mae or Freddie Mac to run DU or LPA as applicable for Loan Program. |
8. Submit Loan to Setup – or - Submit for REMN Prepared Initial Disclosures
Step |
Action |
1 |
Go to Loan Submission -> Loan Submission. |
2 |
· For REMN Prepared Initial Disclosure Requests-select Submit Loan for Disclosures Only. · For Loan Submission to Setup-select Submit Loan to Setup. |
3 |
Enter Application Date. |
4 |
If submitting loan to Setup, enter the Intent to Proceed date. |
5 |
Click Submit. |
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