WHAT YOU SHOULD KNOW ABOUT MORTGAGE DOCUMENTATION REQUIREMENTS – Royal United Mortgage LLC

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Know Your Mortgage Traditional Residential Mortgage and Collateral Mortgage General disclosure A mortgage is a legal document for borrowing money, usually from a bank, that gives the lender the right to take possession of your house if the loan is not repaid as scheduled. Once you obtain a residential mortgage from a lender, the lender will

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LOAN ORIGINATION FILE CHECKLIST USE THIS CHECKLIST TO COMPILE: Required documentation for our MGIC MI Underwrite/Full-Doc Review Verification Information for our 12-Payment Protection against borrower misrepresentation and underwriting errors and material value variances MGIC Mortgage Insurance Application