MINIMUM DOCUMENTS TO SUBMIT TO UW
Non-QM Programs
Minimum Documentation for UW Submittal for ALL
☐ Submission Form
☐ 1003 – Signed & dated by LO
☐ Credit Report Dated with 60 Days
☐ Borrower Certification and Authorization
☐ Escrow/Title Estimated Fees
☐ Purchase Agreement (if applicable)
☐ Borrower(s) Identification
☐ Borrowers Certification & Authorization
☐ Anti-Steering Form (if lender paid) – Only BPC allowed at this time
☐ Escrow/Title Estimated Settlement Statement
☐ Preliminary Title Report
☐ Mortgage Statement or Notes for all financed properties, if applicable
☐ Gift Letter, if applicable
Assets & Income Documentation Required for UW Submittal
(Cash-Out CAN be used for Reserves – ALL PROGRAMS)
Community Mortgage
No Income Documentation Required
☐ Bank Statements for Reserves/Cash to Close (1 month)
Alt-Doc
☐ Self-Employed: 12 Months Bank Statements or
☐ Asset Qualifier: (6 months all pages of assets being used for Qualifier) and
☐ 1 Month Bank Statements, Retirement or Investment Accounts for Reserves
☐ Income Calculation Worksheet – CHM Income Analysis Worksheet
Prime Plus
☐ Wage Earner: Most recent 30 days paystubs and
☐ Wage Earner: Most recent 2 years W2’s or Tax Returns or
☐ Self Employed: Two Years K1’s and
☐ Self Employed: Two years Personal and Business Tax Returns with all Schedules (if>25% ownership)
and
☐ 1 Month Bank Statement, Retirement or Investment Accounts for Reserves/Cash to Close
Investor – DSCR or No Ratio
☐ 1 Month Bank Statement, Retirement or Investment Accounts for Reserves/Cash to Close
☐ Market Rents required for DSCR > 100% (Not required for No Ratio)
1009 Program
☐ Two Year Most Recent 1099 and a CPA/Licensed Tax Preparer Completed P&L or Expense Ratio Letter
This is not an exhaustive list of required UW documentation. This document intended for minimum documents required for submis sion to UW.
REV. 4/7/2021
REQUIRED ON ALL LOAN SUBMISSIONS
