Investor Advantage Tutorial & Checklist

INVESTOR ADVANTAGE CHECKLIST:

☐ FNMA 3.2 File

☐ Broker Signed 1003 + DI Addendum (to be uploaded separately)
— Dated date of submission
— Must also be signed by Borrower ahead of final approval

☐ DH Submission Form/Fee Sheet (electronic version available during submission)
— See Mercury for AMC selection & fee

☐ Purchase Agreement *if purchase*
— Earnest Money Deposit

☐ Broker/Borrower Comp Agreement *if borrower-paid comp*

☐ Verification of primary residence superior in value or appeal to subject property (Zillow print out, ect.)

☐ Copies of mortgage statements for every real estate owned property
    (if NOT escrowed, copies of tax certs and HOI declaration page)

☐ Verification of 12-month housing history for a primary residence

☐ Asset Statements *if needed*
— May use personal statements for both income and assets
— Upload if needed for down payment/reserves

☐ Credit Report Invoice *if reissuing recently pulled credit report*
— If credit is not reissued – Deephaven WILL pull new credit automatically

☐ If 3^rd Party Processor – Provide Invoice
— Must be assigned processor ahead of submission

Note: NEVER upload tax returns
For a printed copy of the checklist click here.