WHOLESALE LENDING DIVISION
West Coast Operations Center: 2100 Park Place, El Segundo, CA 90245
Midwest Operations Center: 6133 N. River Road, Ste. 400, Rosemont, IL 60018
Check one: LOAN SUBMISSION ONLY DOC ORDER LOAN SUBMISSION and DOC ORDER
Phone: (800) 854-4600 West: email@example.com Midwest: firstname.lastname@example.org www.LoanKinection.com
For instructions on how to upload your file to LoanKinection, please go to www.LoanKinection.com and download the User Guide.
REQUIRED CONTACT INFORMATION
Company: Broker ID Code:
Loan Agent: Phone: Email:
Processor: Phone: FAX or Email:
AE Name: Phone: Email:
Name 1: Name 2:
Property Address: Borrower Email:
(Provide borrower consent for disclosures)
Loan Amount: $ Appraised Value: S LTV/CLTV:
Note Rate: Date Locked: Float: (Must indicate if applicable)
Loan Purpose: Purchase Rate/Term Refi Cashout Refi Piggyback HELOC
Occupancy Type: Owner 2nd Home/FPR 2nd/Vacation Investment
Property Type: SFR Condo PUD Units
Impounds: Yes No Asset Utilization: Yes No
Please check: POA? Yes No Trust? Yes No
(POA, trust cert or holdback information is required upfront, prior to approval and docs.)
PRODUCT AND DOCUMENTATION TYPE
Check only one product:
Agency Fixed 10 yr. 15 yr. 20 yr. 25 yr. 30 yr. 40 yr.
Agency ARM (LIBOR) 3/1 5/1 7/1 10/1
Super Conf. Fixed 15 yr. 30 yr.
Super Conf. ARM 5/1 7/1 10/1 Other:
Jumbo ARM 30 yr. Amortization: 3/1 5/1 7/1 10/1
40 yr. Amortization (LTV less of 70% or max. qual. LTV): 3/1 5/1
Jumbo Fixed 15 yr. 30 yr. Note: Jumbo Fixed is currently not available to VIP Brokers.
FHA Fixed 15 yr. 30 yr. Asset Utilization ARM 5/1 7/1 10/1
I/O (Interest Only) 3/1 5/1 7/1
Piggyback HELOC Fixed (30 yr.) ARM (30 yr.)
HomePath ARM 5/1 7/1
HomePath Fixed 10 yr. 15 yr. 20 yr. 30 yr. 40 yr.
DU Refi Plus Fixed 10 yr. 15 yr. 20 yr. 30 yr. 40 yr.
Appraisal paid by: Broker (Pass through only. Invoice required for reimbursement.) Borrower
Mortgage Insurance (if applicable): Single Pay Upfront Split Pay Monthly
Purchases: Amount of Seller Credit $ FIRST PAYMENT DATE:
NOTE: Failure to accurately disclose seller credits prior to docs could lead to delays.
Documents Delivery, Escrow Email or Pickup Information:
VESTING, COMMENTS & OTHER INSTRUCTIONS (Please attach vesting amendment with doc order:
LOAN ORIGINATOR COMPENSATION: Borrower-Paid Lender-Paid Lender-Paid with Discount Points
Lender-Paid Compensation Plan: (% and/or $)
ENTER ALL LOAN FEES FOR UPFRONT TIL AND DOCS
SECTION A SECTION B
Our (combined) Origination Charge Block 1 Required Services We Select Block 3
Broker Points* % $ Credit Report (See below) $
Broker Portion of YSP* % Appraisal Fee (See below)
Broker Flat Fee* Appraisal Field Review Fee
Other* (describe): Upfront Mortgage Insurance
Other* (describe): Other (describe):
Other* (describe): Tax Service (Please see Notice below)
Kinecta Processing Fee (See rate sheet) Flood Cert $
TOTAL (must match GFE block 1) $ - TOTAL (must match GFE block 3) $ -
Borrower's Credit (YSP) or Charge (points) Block 2 Lender's Title Ins., Escrow/Settlement Fee Block 4
YSP to Borrower % Lender's Title
Credit for Closing Costs % Escrow/Settlement
Charge: Discount Points (to Kinecta)* % Doc Prep
Notes for Box 2: Wire Fee
1. GFE check box 1 does not apply to brokers Notary
2. Mark GFE check box 2 or 3 (cannot be both) Courier
3. Indicate "$0.00" credit (or charge) if it is a zero point loan (include your Other (describe):
points in origination) Other (describe):
TOTAL (must match GFE block 2) $ - TOTAL (must match GFE block 4) $ -
* TOTAL BROKER COMPENSATION $ - Attach paid invoice if reimbursement is required.
IMPORTANT NOTICE: You are responsible for providing the initial GFE to the borrower within three business days of the application date. Your initial GFE will be the binding GFE. Kinecta will reject a
loan submission if the GFE is incorrect. Once Kinecta has accepted a file, only Kinecta may issue a revised GFE.
Tax Service Fee Schedule as of 11/01/11: Tier 1 Tax Service Fees (AL,AZ,AR,CA,CO,DE,DC,FL,ID,IN,KS,MD,MS,MT,NE,NV,NM,NC,ND,OK,OR,SC,SD,UT,VA,WA,WV,WY) $62 for all loans up to $499,999.99;
$72 for all loans between $500,000.00 - $599,999.99; $81 for all loans between $600,000.00 - $699,999.99 + $10 for every $100,000 increase in loan amount to $999,999.99; $121 for loans that equal
$1,000.000.00; $185 flat fee for loans >$1,000,000.00.
Tier 2 tax Service (AK,CT,GA,GU,HI,IL,IA,KY,LA,MA,ME,MI,MN,MO,NH,NJ,NY,OH,PA,PR,RI,TN,TX,VT,VI,WI) $69 for all loans up to $499,999.99; $79 for all loans between $500,000.00 - $599,999.99; $88 for
all loans between $600,000.00 - $699,999.99 + $10 for every $100,000 increase in loan amount to $999,999.99; $128 for loans that equal $1,000,000.00; $185 flat fee for loans > $1,000,000.00.
Authorized Broker Signature confirms agreement to the aforementioned and that fees are correct within tolerances:
Signature Date: Rev.: 11/01/11