Simple Access Product Suite
Step |
Action |
1 |
Go to Loan Summary ->Short Application. |
2 |
Scroll down to the Mortgage Type section and make the following selections: · Lien Type: First Mortgage · Mortgage Type: Conventional Mortgage · Pricing Tier: Non QM |
3 |
Select the Amortization Type. |
4 |
Select the applicable Product. |
5 |
· Investor defaults to Simple. · Select the applicable Program Type from the dropdown. |
6 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
Standard Jumbo 30 yr Fixed
Step |
Action |
1 |
Go to Loan Summary->Short Application. |
2 |
Scroll down to the Mortgage Type section and make the following selections: · Lien Type: First Mortgage · Mortgage Type: Conventional Mortgage · Pricing Tier: Jumbo |
3 |
Select the Amortization Type. |
4 |
· Product: Jumbo 30 yr Fixed · Investor defaults to Jumbo II · Select the applicable Specialty Program from the dropdown. |
5 |
Select the applicable Documentation Type from the dropdown. |
6 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
Jumbo Elite 30 Yr Fixed
Step |
Action |
1 |
Go to Loan Summary->Short Application. |
2 |
Scroll down to the Mortgage Type section and make the following selections: · Lien Type: First Mortgage · Mortgage Type: Conventional Mortgage · Pricing Tier: Jumbo |
3 |
Select the Amortization Type. |
4 |
· Product: Jumbo Elite 30 yr Fixed · Investor defaults to Jumbo. · Select the applicable Program Type from the dropdown. |
5 |
Select the applicable Documentation Type from the dropdown. |
6 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
Fannie Mae or Freddie Mac Specific Specialty Programs
Step |
Action |
1 |
Go to Loan Summary->Short Application. |
2 |
Scroll down to the Mortgage Type section and select: · Lien Type · Mortgage Type · Pricing Tier · Amortization Type · Product · Loan Term Months |
3 |
Select the Investor: Fannie Mae or Freddie Mac. |
4 |
Select the Specialty Program. Dropdown list displays only specialty programs for the selected Investor. |
5 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
FHA or VA Specialty Programs
Step |
Action |
1 |
Go to Loan Summary->Short Application. |
2 |
Scroll down to the Mortgage Type section and make the following selections: · Lien Type: First Mortgage · Mortgage Type: FHA or VA · Pricing Tier: Conforming · Amortization Type · Product · Loan Term Months
|
3 |
· Select the Investor: Ginnie Mae · Select the Specialty Program. Dropdown list will display specialty programs only for the selected Mortgage Type (FHA, VA). |
4 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
Texas Section 50(a)(6) Loans
Step |
Action |
1 |
Go to Loan Summary->Short Application. |
2 |
Scroll down to the Mortgage Type section and select: · Lien Type · Mortgage Type · Pricing Tier · Amortization Type · Product · Loan Term Months · Investor |
3 |
Select Specialty Program: Texas Home Equity 50A6 Note: Brokers with Platinum status must lock 50(a)(6) loans directly with the REMN lock desk. |
4 |
After completing all sections of the Short Application, click Save at the bottom of the screen to apply. |
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