Form HUD-50127 Firm Commitment-Submission Checklist Individual Borrower

OMB Approval No. 2577-0200
(exp. 2/29/2016)

SECTION 184 INDIAN LOAN GUARANTEE PROGRAM
UNDERWRITING - FIRM COMMITMENT - SUBMISSION CHECKLIST
INDIVIDUAL BORROWERS - PURCHASE TRANSACTIONS
BORROWER(S): _________________________________________ Case #_____________________
ITEM

INCLUDED

ENDORSEMENT
Lender Submission Contact Sheet
Case Number Request Form
Borrower native American ID and Social Security Evidence
Pay.Gov Transmittal Confirmation
Firm Commitment signed
Final Mortgage Credit Analysis (MCAW) Worksheet (Form HUD 50132)
Final Maximum Mortgage Worksheet (Refinance and Single Close Only)
Final Signed Good Faith Estimate
Final Signed Uniform Residential Loan Application and all executed pages of Addendum A
Uniform Residential Loan Application/Addendum A (initial)
Certified True Copy of Note
Certified True Copy of Mortgage Instrument
Certified True Copy of Section 184 Rider (all applicable)
HUD-1 Settlement Statement (form HUD-1) with signatures of buyer, seller (if applicable) and closing agent
Addendum Certifications to HUD-1 with signatures of buyer, seller (if applicable) and closing agent
SINGLE CLOSE NEW CONSTRUCTION OR REHAB:
Certified True Copy of Section 184 Applicant Acknowledgment
Certified True Copy of Construction Loan Agreement
Certified True Copy of Construction Loan Rider
Evidence of Establishment of Construction/Rehab Escrow Account (copy of deposit slip or bank statement)

FIRM COMMITMENT
Land Status and Jurisdiction Form
Sales Contract
Appraisal Report
Credit Report
Letters of Explanation on Derogatory Credit
W-2s (2 years) and Paystubs (covering the most recent 30 days) and Verifications of Employment
IRS Tax Transcripts for 2 years
Federal Income Tax Returns with all schedules (as applicable)
Form 4506-T Request for Transcript of Tax Return
Gift Letter or other documentation on source of funds if other than on deposit
Bank Statement(s)/ Verification of Deposit
24 Month Verification of Prior Payment History (rental or mortgage)
CAIVRS
LDP/GSA (print outs for all parties)
Home Inspection Form
Lead Based Paint Addendum (if appropriate)
Flood Certificate
Environmental Review
Form HUD-50127 (12/20/2013)

OMB Approval No. 2577-0200
(exp. 2/29/2016)
Termite Inspection Report (if required in the Jurisdiction)
Well Water Inspection and Septic Inspection if applicable
Homeowners Insurance Policy
Preliminary HUD-1 with all lender and closing agent costs
FEE SIMPLE LAND:
Preliminary Title Report
Title Policy (Title Commitment will be accepted for guarantee but copy of title policy must follow)
TRIBAL TRUST LAND:
Final signed TSR (after closing) with recorded and BIA approved Mortgage Instrument/Riders and Lease
Certified True Copy of Leasehold Instrument
BIA Certificate of Leasehold Mortgage Approval
INDIVIDUAL ALLOTTED TRUST LAND (No Lease):
Final signed TSR (after closing) with recorded and BIA approved Mortgage Instrument/Riders
BIA Certificate of Mortgage Approval (generally an attachment to the Mortgage)
If fractionated land ownership (multiple owners other than our borrower), all individuals must approve
Mortgage Instrument either on a Consent form or signature on the Mortgage Instrument (however BIA
requires)
INDIVIDUAL ALLOTTED TRUST LAND (With Lease):
Final signed TSR (after closing) with recorded and BIA approved Mortgage Instrument/Riders and Lease
Certified True Copy of Lease
BIA Certificate of Leasehold Mortgage Approval
PROOF OF ANY HUD FIRM COMMITMENT CONDITIONS NOT LISTED ABOVE: (please list)

Form HUD-50127 (12/20/2013)