| Value |
Value Description |
| 203KConsultantReport |
Describes the work that needs to be done to bring the house to FHA standards. |
| 203KHomeownerAcknowledgment |
Confirms the final bid amount for the project and the time frame for completion. A contract between the homeowner and the contractor. |
| 203KInitialDrawRequest |
Provides information required to release funds based on work in place. Must be signed by contractor, borrower and inspector. |
| 203KMaximumMortgageWorksheet |
Determines Maximum amount for 203K Mortgage based on the loan amount; closing costs; sales price (if purchase) and work to be performed. Provided to the Lender. |
| 203KRehabilitationAgreement |
Establishes the terms and conditions of the 203K loan program works and describes the guidelines that will be followed in administering funds. |
| AbstractNoticeAgreement |
Establishes that the lender will not be responsible for replacing the abstract. |
| AbstractOfJudgment |
Derived from a Judgment; contains only the details of a court action that relate to fulfilling the court order. |
| ACHDebitAuthorization |
Establishes a direct debit from a borrowers account for loan or escrow payment. AKA: Automated Clearing House Debit Form. |
| AcknowledgmentOfNoticeOfRightToCancel |
Confirms that a borrower has received and understands the Notice of Right to Cancel. Sometimes contained with the Notice of Right to Cancel. |
| AffidavitOfDeath |
Establishes the fact of death but does not contain personally identifiable information. |
| AffiliatedBusinessArrangementDisclosure |
Informs the borrower of any Lender-related businesses (i.e., subsidiaries or affiliates) and borrower options related to using these providers. This document is a part of HUD Regulation X (RESPA/Reg X). |
| AirportNoisePollutionAgreement |
Confirms that a borrower is aware of presence of airport and possible noise situations. Provided by Borrower. |
| AmendatoryClause |
Adds HUD required conditions to the Purchase Agreement. Escape clause allowing a borrower to exit transaction if it does not meet value. These do not have HUD number but are required in Purchase Agreement. |
| AmortizationSchedule |
Describes interest and principal payments to a borrower from a lender, or lender to borrower, and their effect on the balance of the loan. |
| AppraisalRecertification |
Confirms that the appraised value of a home has not decreased. |
| AppraisalReport |
Describes findings of the appraisal process and provides an estimation of the subject property value. Provided by a qualified appraiser. |
| AppraisalReview |
Documents the results of a independent evaluation of an appraisal |
| AppraisalReviewRequest |
Requests an internal review and evaluation of an appraisal. |
| ApprovalLetter |
Describes the loan approval status and any associated conditions to the borrower. |
| ArticlesOfIncorporation |
Establishes the purpose and structure of a corporatio , also percentages of ownership. |
| Assignment |
Transfers the beneficial interest in a instrument from one party to another. |
| AssumptionAgreement |
Establishes that the buyer will assume responsibility for the obligations of a mortgage from the builder or original owner. |
| AssuranceOfCompletion |
Describes escrowed repairs and certifies that escrowed repairs will be completed. Provided by Lender. |
| AttorneyInFactAffidavit |
Confirms that a person is under a Power of Attorney and warrants specifics facts about the person such as: POA has not been revoked, principle has not died, no divorce action has been commenced if spouse of the principle, a guardian or conservator has not been appointed for the Principle. |
| AttorneysOpinionLetter |
Addresses trust or other property matters and confirms the legality of the information that is being provided to the lender. This could consist of beneficiary information, assets used as collateral, trustee and revocable nature of trusts. In Some States, Title insurance |
| AutomatedUnderwritingFeedback |
Confirms results from Desk Top Underwriter, Loan Prospector or other underwriting system, including the loan decision and conditions or stipulations of the approval. |
| AVMFeedback |
Confirms results from an automated property valuation system. |
| BaileeLetter |
Confirms that a company will return to the funding lender the collateral package, the funded value, or mortgage-backed security value of a property. |
| BalanceTransferAuthorizationNotice |
Informs borrower of what will happen when lender is instructed to pay off debt on behalf of a borrower directly from a Home Equity account |
| BalloonRefinanceDisclosure |
Informs the borrower that rate and payment amount may change when the refinance option is chosen for balloon loans and describes how the interest rate and payments are determined. |
| BankDepositSlip |
Provides written evidence of a deposit to a financial institution. |
| BankruptcyDischargeNotice |
Confirms that a person or company is legally free and clear to repay certain debts. Provided by the court. |
| BankStatement |
Describes transactions recorded and account balances of the accounts of a customer during a specified period. |
| BenefitPlanDistributionStatement |
Outlines the details for distribution of funds from a benefit plan. |
| Bid |
Describes required home repairs or improvements and provides an estimation of cost to complete. |
| BirthCertificate |
Confirms details about the birth of an individual. An official record provided by a government entity such as a state, county, city or borough. |
| BondCertificate |
Confirms the ownership of a bond. |
| BorrowerAcknowledgmentOfPropertyCondition |
Confirms that the borrowers understand the condition of the property. |
| BorrowerCorrespondence |
Describes items related to the application including borrower credit, income, employment or assets. Typically provided by borrower. Includes items provided by third parties in support of the application of the borrower . Documents provided by the lender to be signed by the borrower are not considered Borrower Correspondence. |
| BorrowerLienAffidavit |
Verifies that there are no outstanding liens or mortgages that would not allow for the appropriate lien position of a new loan. |
| BorrowersCertification |
Authorizes lender to request personal information about the borrower. |
| BorrowersContractWithRespectToHotelAndTransientUseOfProperty |
Certification that the borrower will not use a multiple dwelling property for hotel or transient housing. |
| BrokerDisclosureStatement |
Describes sources and amounts of compensation a brokered mortgage transaction. Provided by Broker to Borrower. |
| BrokerPriceOpinion |
Describes findings of the broker review process and provides an estimation of the subject property value. The report typically combines information from a drive-by exterior examination, and various external data sources, but not an interior examination. |
| BuildersCertification |
Confirms that the property construction is completed to requirements. Provided by builder. |
| BuildingPermit |
Authorizes the builder to build on the property. Provided by local municipal authority. |
| BusinessLicense |
Authorizes the legal operation of a business in an area issued by the state or municipality. |
| BuydownAgreement |
Establishes a rate variant, or temporary adjustment, of interest rate on the loan. Used to reduce, or step down, an interest rate. |
| BuyingYourHomeSettlementCostsAndHelpfulInformation |
Describes the settlement process, charges, rights and remedies available under RESPA, as well as explanation of settlement services and costs. |
| CancellationOfListing |
Confirms that a property is no longer listed with a real estate agent. |
| CAIVRSAuthorization |
Confirms results from the HUD Credit Alert Interactive Voice Response System, which indicates whether the individual is in default on direct or guaranteed federal loans or are otherwise ineligible for an FHA loan. Result is transcribed or captured as a screen-print from the HUD website. |
| Check |
Represents money payable or paid (if cancelled). |
| Checklist |
Describes the list of action items, steps, or elements required to be consulted or completed to accomplish a task. |
| ChildSupportVerification |
Describes the legal obligation of a parent to pay money toward the care and maintenance of his/her children. |
| CloseLineOfCreditRequest |
Requests that a line of credit be closed after receiving a payoff under a separate cover. |
| ClosingInstructions |
Describes the conditions that must be met in order to complete the closing. Provided by Lender to Closing Agent. |
| ComplianceAgreement |
Establishes that the borrower will accommodate changes to loan documentation that result from errors and omissions, to ensure that the documents conform to industry standards. |
| ComplianceInspectionReport |
Confirms that property construction, repairs or improvements related to the loan (but not to the appraisal per se) have been completed acceptably. Provided by appraiser or inspector. This is not Fannie Mae form 442. Ref HUD form 92051. |
| ConditionalCommitment |
Establishes the property value and describes repair conditions. Provided by Underwriter. This is only related to appraisal and property. |
| CondominiumOccupancyCertificate |
Confirms the percentage of a Condominium (Condo) Association or phase is currently occupied. |
| ConservatorAndGuardianshipAgreement |
Authorizes a person to sign documents for a borrower. |
| ConsolidationExtensionModificationAgreement |
Changes one or more of the terms in the security instrument of the loan of a mortgagor . Used for refinance loans in state of NY. |
| ConstructionCostBreakdown |
Describes in detail the construction costs to build a new structure. |
| ConsumerHandbookOnARM |
Describes Adjustable Rate Mortgages and reviews their benefits and risks. |
| ConveyanceDeed |
Transfers title to a property from a seller (grantor) to a recipient (grantee); provides evidence of the legal right of ownership. |
| ConveyanceTaxForm |
Contains data about the property sale and conveyance tax calculations. Accompanies a Conveyance Deed at the time of recording. |
| CooperativeBylaws |
Establishes the rules for governing and operating the Cooperative (Coop) Housing Corporation. |
| CooperativeOperatingBudget |
Describes the planned revenues and expenditures of the Cooperative (Coop) for the current fiscal year. |
| CooperativeProprietaryLease |
Establishes the rights and duties of the Cooperative (Coop) and member shareholder under which the shareholder is allowed to use a certain unit in the premises. |
| CooperativeRecognitionAgreement |
Establishes the responsibility of the Cooperative (Coop) to notify the lender in the event of borrower default. |
| CooperativeStockCertificate |
Confirms the ownership interest in the Cooperative of an individual. |
| CooperativeStockPower |
Authorizes the lender to assign the borrowers stock certificate in case of default. |
| CosignerNotice |
Informs a cosigner of a loan that they will be obligated to pay the debt if there is a default by the main borrowers on the loan. |
| CouncilOfAmericanBuildingOfficialsCertification |
Confirms that the property was constructed to CABO (Council of American Building Officials) standards. Provided by builder. |
| CounselingCertification |
Confirms that the borrower participated in homeownership counseling. |
| CounselingChecklistForMilitaryHomebuyers |
Informs the borrower of certain Veteran Affairs items of interest regarding the loan and financing eligibility. |
| CreditCardAuthorization |
Authorizes a company to use a credit card belonging to a client for mortgage related charges. Generally these charges consist of credit report and appraisal fee. |
| CreditInsuranceAgreement |
Establishes the rates and charges incurred for credit insurance. |
| CreditReport |
Describes the borrowers credit history. Provided by a credit reporting bureau, or a service which consolidates reports from multiple sources into a single report (Tri-merge). |
| CustomerIdentificationVerification |
Verifies the identity of any person seeking to open an account; maintains records of the information used to verify the person’s identity; and determines whether the person appears on any lists of known or suspected terrorists. AKA: U.S. Patriot Act, Important Applicant Information. |
| DeathCertificate |
Confirms the date, location and cause of the death of a person. Issued by a government official. |
| DivorceDecree |
Establishes the terms of the divorce. Provided by a court or legal authority. |
| ElectronicFundsTransfer |
Establishes a repeatable direct deposit of funds into an account of a borrower. Used by servicing. |
| EnergyEfficientMortgageWorksheet |
Determines loan amount for Energy Efficient Mortgage loan (loan to finance repairs that increase energy efficiency of the home). Required by HUD. Provided by Underwriter. |
| EqualCreditOpportunityActDisclosure |
Informs the borrower that all consumers are entitled to an equal chance to obtain credit. AKA: Reg B, ECOA. |
| EscrowAgreement |
Establishes escrow accounts for taxes and insurance. Agreement between borrower and lender. |
| EscrowForCompletionAgreement |
Establishes work to be completed on a property and the terms under which the funds for the work will be released. |
| EscrowForCompletionLetter |
Confirms work on the property has been completed and any funds held in escrow can be released. |
| EscrowWaiver |
Confirms the lender agrees to waive collecting a monthly payment for taxes and insurance (escrow or impound account). Informs the applicant of their responsibilities to pay tax/insurance bills when due, whether an escrow waiver fee will be imposed, and information regarding lender placement of insurance. |
| EstimateOfClosingCostsPaidToThirdParty |
Informs the borrower of estimated loan closing costs. |
| EstoppelAgreement |
Establishes that certain statements of fact are correct as of the date of the statement and can be relied upon by a third party (including a prospective lender or purchaser). |
| FACTACreditScoreDisclosure |
Informs the borrower of their credit score, range of possible scores, key factors affecting score, reporting agencies used, contacts for obtaining a report copy, and includes a statement that terms offered are based on consumer report information. |
| FairLendingNotice |
Informs the borrower that it is illegal to discriminate in lending practices. This is different that the Equal Credit Opportunity Act. |
| FederalApplicationInsuranceDisclosure |
Informs the borrower that the lender is offering an insurance product or annuity in connection with an extension of credit. |
| FederalSaleOfInsuranceDisclosure |
Informs the borrower that the lender is selling credit insurance as part of the loan transaction. |
| FHA_MIPremiumNettingAuthorization. |
Determines the appropriate amount for an FHA streamlined refinance loan. |
| FHAFiveDayWaiver |
Confirms that the borrower waives the requirement to receive the Notice to Homebuyer five days before closing. |
| FHALimitedDenialOfParticipationGeneralServicesAdministrationChecklist |
Confirms that a borrower is not recorded on the LDP/GSA (Limited Denial of Participation/General Services Administration) lists, and therefore is eligible for an FHA loan. |
| FHAMortgageCreditAnalysisWorksheet |
Determines the appropriate amount for an FHA loan. |
| FHAReferralChecklist |
Confirms that all requirements have been met prior to FHA foreclosure. Provided to FHA. |
| FHARefinanceMaximumMortgageWorksheet |
Determines loan amount for refinance loan, included with or attached to the MCAW. Required by HUD, provided by Underwriter. |
| FinancialStatement |
Describes financial performance of a business or individual. |
| FloodHazardNotice |
Informs the borrower that flood insurance may be required by the lender. |
| FloodInsuranceAgreement |
Establishes that a borrower will maintain flood insurance in the amount prescribed by the lender for the duration of the loan term. |
| ForYourProtectionHomeInspection |
Confirms that a borrower has received the information that the borrower should consider a home inspection. |
| FREOwnedStreamlineRefinanceChecklist |
Confirms that a loan meets Freddie Mac streamlined refinance criteria. Provided to Freddie Mac. |
| FundingTransmittal |
Confirms final closing information and numbers on a brokered or third party closing. |
| GeneralLoanAcknowledgment |
Confirms receipt of all the disclosures in the Disclosure Booklet, HUD Guide to Settlement Costs. Also used to document the float/lock rate requests and mortgage insurance requests and provide the Appraisal Notice to the borrower. |
| GFE |
Describes the approximate costs borrower will pay at or before settlement, based on common practice in the locality. The mortgage banker or mortgage broker, if any, must deliver or mail the GFE (GoodFaithEstimate) to the applicant within three business days after the application is received. This document is a part of HUD Regulation X (RESPA/Reg X). |
| GiftLetter |
Confirms that the borrower is receiving all or part of the down payment as a gift. Provided by gift donor. |
| GroupSavingsAgreement |
Establishes participation and terms in a Group Savings Plan. |
| HECMAntiChurningDisclosure |
Informs the borrower that the costs associated with the new HECM loan will not exceed the loan amount. |
| HECMChoiceOfInsuranceOptionsNotice |
Confirms that a borrower will choose an FHA Insured HECM loan. Provided by the Lender. |
| HECMCounselingWaiverQualification |
Informs the borrower of right to waive HECM counseling requirements if the original loan is originated within five years of the preceding loan. |
| HECMExtension |
Establishes additional time to sell a property associated with a Home Equity Conversion Mortgage. |
| HECMFaceToFaceCertification |
Confirms that a borrower has met with a lending representative, in person, at some point during the HECM loan origination process. |
| HECMLoanSubmissionSchedule |
Describes final loan information and figures in a HECM transaction. |
| HECMNoticeToBorrower |
Informs the borrower of the steps to take if payment is not received from the HECM lender. |
| HECMPaymentPlan |
Describes the charges associated with the HECM loan and the payments made to the borrower. |
| HighCostWorksheet |
Determines whether the loan is high cost or predatory based on state or national statutes. |
| HoldHarmlessAgreement |
Agrees to hold harmless and indemnify (assumes the legal liability of) the lender from any future liability on items defined in the notice. |
| HomeBuyerEducationCertification |
Confirms that the borrower has completed a homebuyer education program. The program are usually in association with first time homebuyer and affordable housing programs. |
| HomeEquityLineFreezeLetter |
Authorizes lender to freeze a Home Equity Line of Credit in anticipation of a pay off. |
| HomeownersAssociationCertification |
Confirms the property meets HUD requirements. Provided by the Condominium Association. |
| IdentityAffidavit |
Confirms the correct borrower name to be used in executing the documents. |
| IdentityTheftDisclosure |
Informs the borrower about identify theft and how to protect their credit. |
| IncompleteApplicationNotice |
Informs the borrower that the application as submitted is incomplete and establishes a time period in which information must be received. |
| IndividualDevelopmentAccountStatement |
Describes the funds available through a program that matches funds of the borrower deposited for the sole purpose of purchasing a residence. |
| InitialEscrowAccountDisclosure |
Estimates the amount and activity in the escrow account based on anticipated future payments. |
| InterestRateAndDiscountDisclosureStatement |
Discloses the interest rate and discount points to the borrower and are an agreement between the borrower and the lender. The Veterans Affairs does not govern the rate or points on the loan. |
| Invoice |
Provides bill which itemizes nature and cost of transactions. |
| IRS1098 |
Confirms the amount of interest a person has paid on a mortgage. |
| IRS1099 |
Confirms a person’s non-salary income. |
| IRSW2 |
Confirms the wage income and taxes withheld for a a person. |
| IRSW8 |
Confirms the individual is a foreign tax resident. |
| IRSW9 |
Provides the borrowers tax identification number and certifies truthfulness of data provided. Provided by borrower via IRS W9 form. |
| ItemizationOfAmountFinanced |
Describes the finance charges associated with the mortgage loan. May be included in the Truth in Lending disclosure. |
| Judgment |
Evidences an obligation determined by a decree of a court. |
| LandLeaseholdAgreement |
Establishes the interest in land of a person who owns the lease granted by the property owner. |
| LastWillAndTestament |
Establishes the rights of others over the property of an individual (the Testator) after the death of the individual . |
| LegalDescription |
Describes the physical location of the property as defined in the country records. This is primarily a component of other documents (i.e. security instruments, title policies, commitments), but is received separately on some occasions. |
| LenderCorrespondence |
Informs the borrower or a third party, information from, or about, the lender. This is other then a federal, state, or local requirements or regulations. |
| LifeInsurancePolicy |
Specifies agreement between a company and an individual to pay a pre-determined amount of money to a beneficiary if the insured dies during the policy term. |
| LineItemBudget |
Describes in detail the budget for the construction of a home. |
| LoanApplication |
Provides information about the employment, income, assets, debts and other financial information of the prospective borrowers . Includes information about the purpose of the home loan and about the property securing the home loan. Provided by Borrower with assistance from the lender. |
| LoanClosingNotice |
Informs the borrower of total finance charges and interest rates associated with the loan. |
| LoanPayoffRequest |
Provides Lender with information to determine the amount required to pay off an account and the outstanding principle balance as of a specific date. |
| LoanStatement |
Describes transactions recorded and account balances of a customers accounts during a specified period. |
| LoanSubmissionSummary |
Summarizes key loan origination information including; pricing, product, contact and payment information; does not include credit decision. |
| ManufacturedHousingCertificateOfTitle |
Proves the ownership of the manufactured home and shows any liens on the property. Lists the manufacturer, serial numbers, and date of manufacture. |
| MarriageCertificate |
Confirms that a marriage has occurred. |
| MIConditionalCommitment |
Establishes a commitment to issue mortgage insurance pending specified conditions. |
| MICertificate |
Confirms existence of the insurance policy protecting the lender against loss from the failure to make payments on the mortgage loan. |
| MIDisclosure |
Explains terms, requirements, or costs of mortgage insurance. |
| MilitaryDischargePapers |
Confirms that a person served in the military and describes their veterans status. |
| MIModification |
Changes one or more of the terms of the Mortgage Insurance Certificate after closing. |
| NameAffidavit |
NameAffidavit |
| NearestLivingRelativeInformation |
Identifies the nearest living relative of the borrower. |
| NonDiplomatVerification |
Confirms that a person is not a diplomat, in the case where the person is a non-resident alien. |
| NonRefundabilityNotice |
Informs the borrower of appraisal and credit report fees. A state disclosure. AKA: Agreement Concerning Non Refundability of Advance Fee, Notice of Nonrefundability of Loan Fees, Estimated Settlement Costs and Refundability Disclosure. |
| Note |
Establishes a legal obligation of the borrower to repay the debt secured by the mortgage. |
| NoteAddendum |
Adds the specific terms of the ARM to the promissory note. |
| NoteAllonge |
Adds additional page(s) to the Note for endorsements. |
| NoteAndSecurityInstrumentModification |
Changes one or more of the terms of a loan in the note and in the security instrument of the mortgagor. |
| NoteModification |
Changes one or more of the terms of the loan in the promissory note. |
| NoticeOfActionTaken |
Informs the borrower of denial or other material change in the loan application. |
| NoticeOfCompletion |
Changes (updates) a previous appraisal that was prepared subject to completion of repairs or incomplete items. |
| NoticeOfRightToCancel |
Informs the borrower of their three-day right to cancel the loan application. Required by TILA / Reg Z. |
| NoticeOfRightToCopyOfAppraisalReport |
Informs the borrower of their right to a copy of their appraisal report. |
| NoticeToHomebuyer |
Informs the borrower of the repair conditions listed on the Notice to Lender form, outlining any issues or comments on the appraisal. Provided by the lender to the borrower. |
| NoticeToLender |
Describes repair conditions on the subject property. Provided by Appraiser to the lender. Provided as an addendum to Appraisal. |
| OccupancyAgreement |
Establishes the borrower intends to occupy the property. |
| OccupancyCertification |
Confirms that a property is fit for occupancy. Provided by local municipal authority. |
| Other |
To be used with TypeOtherDescription data point to describe a document not already on this list. |
| PartialReleaseOfSecurityInstrument |
Releases a specific parcel of real property from an existing security instrument. |
| PartnershipAgreement |
Establishes the terms of a partnership, including the rights and responsibilities of the partners. |
| PaymentHistory |
Describes history of payments on a loan. |
| PaymentLetter |
Describes the terms of a loan and loan payments, often emphasizing timing and amount of the first payment. |
| PayoffStatement |
Confirms the remaining principle balance of a loan that is being paid off or refinanced, based on a defined close or pay date. |
| PayStub |
Describes income for a particular pay period. |
| PermanentResidentIdentification |
Confirms the permanent legal residency of a person. |
| PersonalIdentification |
Confirms the identity of a person for the purposes of a government-regulated activity (such as driving or international travel). Provided by the controlling governmental authority. |
| PersonalPropertyAppraisalReport |
Describes personal property and provides and estimation of value. |
| PowerOfAttorney |
Authorizes one person to act as agent or attorney on behalf of another person. |
| PrepaymentChargeOptionNotice |
Informs the borrower of premium pricing option (i.e., option of prepayment charge in lieu of higher interest rate). |
| PrequalificationLetter |
Informs a perspective borrowers that they will qualify for a loan based on the income and credit information the borrower has provided. |
| PrivacyDisclosure |
Informs the borrower of privacy rights; describes what information will be collected and shared. |
| PropertyInspectionReport |
Describes the condition of the subject property, or any of a variety of building systems or interior or exterior elements of the structure, or aspects of the surrounding property (such as water or soil). |
| PropertyInsuranceBinder |
Establishes a commitment to issue property insurance pending payment. |
| PropertyInsuranceDeclarations |
Describes the information regarding the risk covered by the insurance policy, including the name of the insurance company, its address, name of the policy holder, starting and ending dates of coverage, the actual coverage given in the contract, including locations and amounts. |
| PropertyInsurancePolicy |
Establishes the terms and conditions of the contract for insurance covering the subject property. |
| PropertyInsuranceRequirementDisclosure |
Explains lenders right to approve a choice of insurance company made by the borrower and the required specifics of the insurance such as deductible, premium and term. |
| PurchaseAgreement |
Establishes the terms and conditions for purchase of a property. |
| RateLockAgreement |
Establishes that the lender and borrower have fixed (locked) specific terms of the loan application (including points, fees, expiration and product type) for a specified period. |
| ReaffirmationAgreement |
Establishes that the borrower will reinstitute a mortgage debt after bankruptcy proceedings are completed. |
| Receipt |
Confirms the payment or exchange of a good or service. |
| Reconveyance |
A document that conveys interest from the a trustee back to the property owner when a deed of trust is paid in full. In some jurisdictions both a Satisfaction of Deed of Trust and a Reconveyance. |
| RelocationBenefitsPackage |
Describes terms and conditions of the relocation package. |
| RelocationBuyoutAgreement |
Establishes the terms between a relocation company and an employee to purchase a home based on the appraised value. It describes what happens if a home does not sell within a certain period (usually 60 or 90 days), and the circumstances in which a relocation company will buy a home. |
| RentalAgreement |
Establishes the rights and duties of the landlord and tenant in a rental transaction. At a minimum identifies the parties, the property, the term of the rental, and the amount of rent for the term. |
| RentalIncomeAnalysisStatement |
Evaluates the rental potential of a property and establishes its value. |
| RequestForCopyOfTaxReturn |
Authorizes taxing authority (such as IRS) to provide certified copy of borrowers tax return. |
| RequestForNoticeOfDefault |
Establishes a requirement for a senior lien holder to inform a junior lien holder in the event of a default on the common property. Required to be recorded. |
| RetirementAccountStatement |
Evidences transactions recorded and account balances for a restricted individual investment account during a specified period. |
| RoadMaintenanceAgreement |
Establishes the parties and their respective responsibilities to jointly maintain a road. |
| SatisfactionOfJudgment |
Confirms that a judgment filed against a property has been released. Provided by a legal authority. |
| SatisfactionOfSecurityInstrument |
Confirms the security interest has been paid off and the lien on the property is released. Required to be recorded. |
| Section32DisclosureNotice |
Informs the borrower that a loan is considered a high cost loan. Required by Regulation Z. AKA: 2016a. |
| SecurityInstrument |
Establishes the lender’s security interest in the real property. |
| SecurityInstrumentModification |
Changes one or more of the terms of a loan of the mortgagor in the security instrument. |
| SecurityInstrumentRider |
Adds additional provisions to the security instrument. |
| ServicingDisclosureStatement |
Informs the borrower that the right to collect their mortgage loan payments may be transferred, and they have certain rights under federal law. Required by RESPA / Regulation X. |
| ServicingTransferStatement |
Informs the borrower that the servicing of their loan is being transferred. Required by RESPA / Regulation X. |
| SettlementStatement |
Describes the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points, and initial escrow amounts. Required by RESPA / Regulation X. |
| SocialSecurityAwardLetter |
Confirms that Social Security benefits are payable and the amount received each month. Provided by the Social Security Administration. |
| StandardFloodHazardDetermination |
Confirms whether the property is located in a flood zone and therefore whether it requires flood insurance. Provided by FEMA. |
| StatementOfBorrowerBenefit |
Describes how the borrower is benefiting from a loan transaction. |
| StockCertificate |
Confirms legal ownership of stock in a corporation. |
| SubordinationAgreement |
Establishes that a prior lien is made inferior to an otherwise junior lien. An Agreement between two creditors (lien holders) of a particular borrower. |
| SubsidyAgreement |
Establishes that the borrower will set up a subsidy account to supplement the mortgage payment. |
| SubstitutionOfTrustee |
Names a successor trustee. |
| Survey |
Describes encroachments on mortgaged property. |
| SurveyAffidavit |
Confirms that no encroachments have been built since the preceding survey. Provided by the borrower. |
| TaxAuthorization |
Authorizes the tax collector to send the tax bill to the respective mortgagee, servicing or processing organization. |
| TaxCertificate |
Describes taxes charged by state or local governments. |
| TaxLien |
Evidences a tax lien against a property, person, or entity. |
| TaxLienRelease |
Releases a tax lien against a property, person, or entity. |
| TaxReturn |
Provides information used to calculate income or other taxes. |
| TenYearWarranty |
Confirms existence of the insurance policy that covers the property against defects in workmanship. Provided by Insurance company. |
| ThirdPartyEmploymentStatement |
Used when a third party employment verification vendor provides verification of employment. |
| TILDisclosure |
Informs the borrower of the annual percentage rate, or APR, of the loan as well as other facets of the mortgage program. Required by TILA / Reg Z. |
| TitleAbstract |
Describes the result of a title search of public records. This is the source document that produces the conditions in a title commitment. Provided by Title Insurance company. |
| TitleCommitment |
Establishes a commitment to issue Title insurance subject to payment or other specified conditions. Provided by the Title Insurance company. |
| TitleInsuranceEndorsement |
Changes one or more of the terms of the Title Insurance Policy. |
| TitleInsurancePolicy |
Establishes that the insurer agrees to pay the insured (a purchaser or mortgagee with an interest in the property) a specific amount for any loss caused by defects of title to the real estate. |
| TrustAgreement |
Establishes the terms of a Trust, including the rights and responsibilities of the trustee and the trustor. |
| UCC1Statement |
Describes property taken as collateral from a borrower. Required to be filed in public records to record security interest in the property. |
| UCC3Statement |
Changes the UCC-1 by amending or terminating the security interest. |
| UnderwritingTransmittal |
Describes key information utilized in the comprehensive risk assessment of the mortgage, and the final underwriting decision. Used for manually-processed applications for single-family conventional first and second mortgages. |
| VAAcknowledgmentOfNoInspection |
Acknowledges the awareness of the borrower that the property was not inspected and will not qualify for government assistance in the correction of structural defects. |
| VACertificateOfEligibility |
Confirms the veteran status of a person and prior home loan usage. |
| VACertificateOfReasonableValue |
Confirms the maximum value and loan amount for a VA mortgage. |
| VACollectionPolicyNotice |
Informs the borrower of the actions that can be taken by the VA if a borrower defaults on a loan. |
| VAForeclosureBidLetter |
Describes the procedure for purchasing a foreclosed VA property. |
| VAInterestRateReductionRefinancingLoanWorksheet |
Determines amount current VA homeowners can reduce their interest rate with no out of pocket expenses and minimal documentation. |
| VAFundingFeeNotice |
Informs the borrower of VA funding fee costs. |
| VALoanAnalysis |
Determines whether a veteran qualifies for a VA loan and whether a lenders adheres to VA standards. |
| ValuationUpdate |
Details an update or correction to an appraisal report. |
| VARequestForCertificationOfEligibilityForHomeLoanBenefit |
Provides VA with information to make determination of a VA eligibility of the borrower. |
| VARateReductionRefinanceInformationAndAgreement |
Acknowledges the borrower is aware of the terms of the existing loan and the terms of
the new loan, whether the payment will be increasing or decreasing and how long it takes to recoup all closing costs. |
| VAReportAndCertificationOfLoanDisbursement |
Describes details of a VA closed loan. |
| VAVerificationOfBenefitRelatedIndebtedness |
Confirms whether a veteran has the ability to incur debt on a loan. |
| VerificationOfCredit |
Confirms borrower credit information. |
| VerificationOfDependentCare |
Confirms dependent care expenses paid by borrower. |
| VerificationOfDeposit |
Confirms borrowers deposit information. |
| VerificationOfEmployment |
Confirms borrowers employment information. |
| VerificationOfMortgageOrRent |
Confirms mortgage or rent expenses paid by borrower. |
| VolunteerEscrowPrepaymentDesignation |
Authorizes lender to increase escrow accounts of the borrower. |
| VerificationOfSecurities |
Confirms information about securities owned by borrower. |
| WireInstructions |
Describes the procedure for wiring funds to escrow account. Provided by closing agent. |
| WireTransferAuthorization |
Authorizes a wire transfer of funds. |
| WireTransferConfirmation |
Confirms that the recipient is in receipt of funds sent via bank wire process. |
| Worksheet |
Describes the procedure for performing an analysis or making a determination and captures results of the work. |