RESPA Road Map for Loan Submission

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					                                                                                     RESPA
                                                                Road Map for Loan Submission
                                                                                                  Together we prosper. ®

Loan Number _____________________ Borrower Last Name ___________________________________________________

Borrower E-Mail _________________________________________________________________________________________

This worksheet helps you break down the fees disclosed on the Good Faith Estimate (GFE) so First Cal may calculate APR-related
fees. Worksheet totals must match the GFE. Fees not disclosed on the GFE may not be charged to the borrower. After the borrower
has received and accepted the Good Faith Estimate, fees may not be added or changed unless a valid changed circumstance has
been documented. Changed Circumstances are subject to approval by First Cal.

 Disclosure Requirements

☐ Loan Transmittal (Form 1008, 92900, or VA Loan Analysis)
☐ Form 1003, signed and dated by the Loan Originator. This date will be used to determine the loan application date.
☐ Fee Breakdown (Initial fees worksheet or RESPA Road map)
☐ Completed 2010 GFE. The GFE must be dated within 3 days of the loan application.
☐Truth In Lending Disclosure
☐ MLDS (CA loans) or Broker Fee Agreement (States other than CA)
☐ Borrower Intent to Proceed; this form must be signed by the borrower(s)
☐ Settlement Service Provider List. This form must be provided at the time of submission. If the borrower is not allowed to shop for
  services, the form may be left blank and fees will be held to a 10% tolerance.
☐ Anti-steering Disclosure
☐ Credit Authorization
Note: A loan rate locked after initial disclosure must be re-disclosed within 3 days of the lock and a Changed Circumstance form must be
submitted with your loan submission. All subsequent GFE’s must be submitted to First Cal with your loan submission.

 Date of the Good Faith Estimate

The GFE must be dated within 3 days of the loan application. The application date is determined by the date the loan originator
signs and dates the loan application. The GFE may not be dated prior to the loan application.
Important Dates
      Item 1: If the rate is locked this date must be the rate lock expiration date. If the loan is not locked the date may be N/A or the
      date of the GFE. This field may not be left blank
      Item 2: This must be at least 10 business days from the date of the GFE. Date of the GFE = day 0. This field may not be left
      blank.
      Item 3: If the rate is locked, you would enter the rate lock period. If the loan is not locked you may enter N/A. This field may not
      be left blank.
      Item 4: First Cal uses 10 days. You may enter N/A, but this field may not be left blank.

 Compensation - GFE Box 1
The total of this section must match the ‘Origination’ on Page 2, Box 1 of the Good Faith Estimate. Fees in this section represent
compensation paid to the broker and the lender. Broker compensation is tied to your compensation plan per First Cal policy.

  Total Broker Compensation $_______________________                             First Cal Admin Fee $ _______________________
                                                                                                  Total   $_______________________

Property Tax Installments, HOA Fees & HOA Transfer Fees — These fees are not disclosed on the GFE. Fees on this form are used
only as a guide for First Cal to disclose your loan.
 Services the Borrower May Not Shop For - GFE Box 3

The total of this section must match Page 2, Box 3 of the Good Faith Estimate. Fees are limited to a 10% tolerance.
 Appraisal Fee
 (Visit the AMC Web site for a quote)                         $_______________________                                    ________________________ $ _______________________
 MIP                                                                                                                              Other fee (describe)
 (Required on all FHA loans)                                  $_______________________                                    ________________________ $ _______________________
                                                                                                                                  Other fee (describe)
                                                                                                                                                                          Total       $_______________________
 Title Fees - GFE Box 4

The total of this section must match Page 2, Box 4 of the Good Faith Estimate. The title fees section should include ALL title,
escrow, attorney, and settlement fees with the exception of the owner’s title policy. These fees are limited to a 10% tolerance if they
are not listed on your Settlement Service Provider List. If they are disclosed on the Settlement Service Provider List and the
borrower chooses another provider there is an unlimited tolerance.
                    Escrow/Attorney Fee                       $_______________________                                    ________________________ $ _______________________
                                                                                                                                  Other fee (describe)
              Lender’s Title Insurance                        $_______________________                                    ________________________ $ _______________________
                                                                                                                                  Other fee (describe)
                      Notary/Signing Fee                      $_______________________                                    ________________________ $ _______________________
                                                                                                                                  Other fee (describe)
                                    Courier Fee               $_______________________                                    ________________________ $ _______________________
                                                                                                                                  Other fee (describe)
                                                                                                                                                 Total $ _______________________
 Owner’s Title Policy— GFE Box 5

This fee must match Page 2, Box 5 of the Good Faith Estimate. THIS FEE IS REQUIRED FOR ALL PURCHASE LOANS. Although
this is typically a seller paid item Regulation ‘X’ requires that the owner’s title insurance is disclosed even though the borrower may
not be obligated to pay this fee.
                                                                                      Owner’s Title Policy $________________________
 Services the Borrower May Shop For—GFE Box 6

The total of these fees must match Page 2, Box 6 of the Good Faith Estimate. These fees are limited to a 10% tolerance and must
be listed on your Settlement Service Provider List. If they are disclosed on the Settlement Service Provider List and the borrower
chooses another provider, there is an unlimited tolerance.
 Government Recording Fees— GFE Box 7

This fee must match Page 2, Box 7 of the Good Faith Estimate.                                                                     Government Recording Fee $________________________
 Transfer Tax— GFE Box 8

This fee must match Page 2, Box 8 of the Good Faith Estimate. This fee is required on purchase transactions, if transfer taxes are
typically paid by the property seller in your area you are not required to disclose this fee as long as the borrower is not paying any
portion of this fee.                                                                        T         ax
                                                                                             ransfer T $________________________
 Initial Deposit for Your Escrow Account—GFE Box 9

                                                                                                                         .
First Cal will use standard calculations for disclosure. If there are escrows, GFE Page 1 escrow box must be checked ‘yes’
Otherwise, Page 1 escrow box must be checked ‘no’     .
 Daily Interest Charges— GFE Box 10

First Cal will use 30 days for disclosure.
 Homeowners Insurance—GFE Box 11

These fees must match Page 2, Box 11 of the Good Faith Estimate. Required on all purchase loans.
                         Hazard Insurance $ _______________________                                                                                                      HO6 $ _______________________
                            Flood Insurance $ _______________________                                                                     Hurricane/Earthquake $ _______________________
                                                                                                                                                                          Total $ _______________________
TOGETHER WE PROSPER, FIRST CAL DEALWORKS & Design, and FIRST CALIFORNIA MORTGAGE COMPANY are trademarks of First California Mortgage Company. First California Mortgage Company is an Equal Housing Lender and is licensed by the
AZ Dept of Finance license # BK-0911115 and AZ license # BKBR-0115566, by the California Department of Corporations under the Residential Mortgage Lending Act, License #415.0042, Colorado exemption as a 1st lien lender per Colorado
Credit Code, License #MB 1489, by the Hawaii Department of Commerce , License No. MBL.6849 –NMLS.24055, by the Idaho Department of Finance under the Mortgage Broker/Lender License Act, License #MBL.6849, by the New Mexico Regula-
tion and Licensing Dept. Financial Institutions Division Certificate No. 03833, License #6849, by the Washington Department of Financial Institutions under the Consumer Loan Act, License #520.CL.50649, by the Oregon Division of Finance and
Securities, Mortgage Lender License #ML.4894. Trade/Service Marks are the property of First California Mortgage Company. Prices and guidelines are subject to change. Restrictions apply.

				
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