ServiSolutions recently revised sections of the Loan Delivery Guide. All changes are effective immediately. The revisions for each section are listed below:
- Down Payment Assistance Programs: Modified AL and MO sections to reflect current Affordable Income Subsidy Grant requirements. Removed NC and AR Affordable Income Subsidy Grant sections.
- Conventional Specific Documentation Requirements: Added a section specific to Conventional loan requirements.
- Underwriting Documentation/AUS Findings: Added AUS requirements by loan type.
ServiSolutions is releasing a revised Request for Funding Checklist for all states. The checklists will be effective for all loans uploaded to ServiSolutions on or after 3/1/20. The revisions for each state are listed below:
Checklist addition for all states:
- Copy of executed Taxpayer First Consent Form – Conventional loans only
MHDC condition additions:
- Copy of executed Taxpayer First Consent Form – Conventional loans only
- Copy of MHDC Reservation Confirmation Letter
- Copy of Co-Signer Affidavit- Form #575 for Bond Program and Form #775 for TBA Program
For assistance or if you have any questions, contact Lisa Treece at
ltreece@ahfa.com
.
