HUD-50126 Underwriting Submission Checklist - Cash Out or No Cash

SECTION 184 INDIAN LOAN GUARANTEE PROGRAM

UNDERWRITING SUBMISSION CHECKLIST – Cash Out or No Cash Out Refinances

BORROWER(S): _____________________________________________ Case #__________

ITEM	INCLUDED
Lender Submission Contact Sheet
Firm Commitment Submission Checklist
Case Number Request Form
Mortgage Credit Analysis Worksheet
Maximum Mortgage Worksheet for Refinances
Good Faith Estimate (Original and all re-disclosures)
Uniform Residential Loan Application/Addendum A (initial signed)
Uniform Residential Loan Application/Addendum A (final/unsigned)
Land Status and Jurisdiction Form
Copy of HUD-1 to verify Original Sales Price (if applicable)
Payoff Statement(s)
Subordination / Tribal Agreement
Detailed Explanation Letter from Borrower regarding Use of Cash Proceeds (Cash-Out Refinance)
Appraisal Report (URAR Form 92800)
Final Inspection (if required by appraiser)
Evidence of Native American Enrollment and Social Security Number
Credit Report
Letters of Explanation on Derogatory Credit
Verification of Employment, Pay Stubs, W-2 Forms/ 1009 Forms and 2 years IRS Tax Transcripts
Federal Income Tax Returns with all schedules (if applicable)
Form 4506-T Request for Transcript of Tax Return
Verification of Deposit / Bank Statements
24 Month Verification of Mortgage or Rental Payments
CAIVRS
LDP/GSA- EPLS (print outs for all parties)
Flood Certificate
Termite Inspection Report (if required by appraiser)
Well & Septic Inspection (if required by appraiser)
Homeowners Insurance
Preliminary HUD-1 with all lender and closing agent costs
FEE SIMPLE LAND
Preliminary Title Report
TRIBAL TRUST LAND
Current Title Status Report (with recorded lease) and Lessor Approval to Refinance
Leasehold Instrument (with all signatures as required)
Environmental Review (required for Tribal Trust and Allotted Trust properties)
INDIVIDUAL ALLOTTED TRUST LAND (No Lease)
Current Title Status Report (including consent to mortgage from all owners if fractionated)
INDIVIDUAL ALLOTTED TRUST LAND (With Lease)
Current Title Status Report (with recorded lease)
Leasehold Instrument (with all signatures as required)

HUD-50126 (09/2012)