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MORTGAGE DOCUMENT

CHECK LIST

No.              Name: Buyer / Seller

  1. Agreement                                             Originator & Broker
  2. Request for Quote  
  3. Broker & Funding Source 
  4. Quote Offer to Seller
  5. 1003 Residential Loan Application on  Buyer
  6. Credit Report Buyer
  7. Offer to Purchase Contract Buyer/Seller w/Property Photo
  8. Settlement Statement  Buyer & Seller
  9. Deed of Trust Buyer & Seller
  10. Promissory Note Buyer & Seller
  11. Mortgage Purchase Agreement  Seller & Broker
  12. Mortgage Estoppel Certificate 
  13. Seller & Previous Seller
  14. Assignment                                         Broker & Funding Source
  15. Non-Compete Agreement 
  16. Broker & Originator
  17. Appraisal Seller - After Deal Approved
  18. Title Work                                             Funding Source After Deal Approved
  19. Hazard Insurance After Deal Approved
  20. Closing   Seller First / Buyer Second
  21.      By Funding Source 
  22. Income Producing Property Copies of leases, Current Rent  Rolls, Income/Expense Data
  23. Last 2 Years. P&L Statement

MORTGAGE BUYERS DOCUMENT CHECK LIST II

No.             Name: Buyer

  1. Most Current 30 Days Paystubs Showing Year to Date Earnings of All Buyers.
  2. Last 2- Years W - 2s  All Buyers
  3. Self Employed, Signed Copies of Last 2-Years Tax Returns
  4. Written Explanation From Buyer[s] of Any Unusual Circumstances i.e., Credit Problems ., Income etc.

Purchase Price [Funding Source Quoted]      $                 wholesale or retail

Purchase Price [Quoted Seller]                     $                 whole or retail

Purchase Type                                                      Full             Partial         .

Contact us

Telephone: +1 800.804.6185 ext 4000

Fax # 704.815.6843

E-mail: ucogfingrp@gmail.com

Address: 5961 Old Lumberton Road Whiteville North Carolina 28472

MORTGAGE BROKER & REAL STATE AGENTS COMMERCIAL OR RESIDENTIAL OFFER CALL OVERVIEW GUIDE 

We are prepared to offer private financing for your customer's that desire to sell their property, and buyer's willing to buy.

We merely ask that we be allowed to qualify the buyer and offer the seller, through_ you, our offer.

Our offer is the result of an offer to purchase and contract between buyer and seller, and our mortgage purchase agreement. Noting that our offer to purchase and contract between buyer and seller stipulates with specificity that the contract is conditioned upon our mortgage purchase agreement, this in reality causes a simultaneous closing in plain English (i.e., when the deal closes the seller receives the mortgage amount in full). Before the initial contracts are issued the buyer is qualified and the seller is given an acceptable offer. Everything else follows the chronological lining.

INDIVIDUAL SELLERS

  1. If the seller has already sold the property buyer and the seller desires not to wait for monthly payments over a long period, then the only thing that becomes necessary is due diligence and an offer is made to seller or mortgage holder.
  2. The methods as stipulated above are available for new construction and developers.
  3. In the case of for sale by owner the same stipulations are available as indicated in numeral 1; however there are no agreements between mortgage brokers or real estate agents.

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