DSCR 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 3rd 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.
