Request to Change Loan Terms
Loan Information
Borrower:
Loan Number:
Broker / Loan Officer:
Subject Property Address
Street:
City:
State:
Zip Code:
Reason for Change:
Check All COC’s That Apply
after initial LE is provided (Lock
Credit quality change due to
information received (FICO,
Income, Assets)
Lock period expiration (Re-
Lock)
Property type changes Loan amount changes
Borrower request to change
lock
Property value changes Parties added / removed from title Occupancy type changes
Borrower requests escrow
waiver of chooses not to waive
escrows
Discovery on undisclosed liens
affecting settlement costs
Unique property not known or
disclosed at time of
application, affects cost of
appraisal
Borrower requests enhanced
owner’s title policy
Acts of God, war, disaster (Floods,
Hurricanes, Earthquake, Tornado)
Underwriting requirements for
additional services (Pest,
Structural, Survey, Flood)
Borrower requested change (requires LOE from
Borrower to be submitted with this form)
Other:
Br
okers: Complete this form and return it along with all supporting documentation to your WestGen Lending
Account Manager
Br
oker / Loan Officer Signature Broker Name (Printed) Date
Fee / Term Description
Old
Value
New
Value
Fee / Term Description
Old
Value
New
Value
Interest Rate: Upfront MIP:
Loan Term: Title Insurance:
Loan Amount: Pest Inspection:
Loan Level Price Adjustment: Septic / Well:
Discount Fee: Recording Fees:
Lender Credit: Property Value:
Credit Report: Other:
Appraisal: Other:
VA Funding Fee: Other:
If approved, Borrower(s) will be provided with updated disclosure within 3 business days.
COC Form
click to sign
signature
click to edit