Broker Loan Submission Form 1008 - Atlantic Pacific Mortgage ...-2025

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The document is a Broker Loan Submission Form used for submitting loan applications to Atlantic Pacific Mortgage Corp. It includes sections for borrower and loan officer information, loan details, required documentation, and fees. The form outlines the necessary steps and documents needed to process a loan application efficiently.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in your Account Executive's name and the date at the top of the form. This establishes your point of contact and timeline.
Enter your Company Name, Loan Officer details, and their contact information. Ensure accuracy for seamless communication.
Provide Borrower Last Name and Email Address. This is crucial for identifying the loan application.
In the Loan Information section, select the appropriate Loan Type, Purpose, Property Type, and Occupancy status by checking the relevant boxes.
Fill in the Base Loan Amount and Total Loan Amount fields accurately to reflect the financial details of the loan.
Complete any additional required documentation checkboxes to ensure all necessary paperwork is included for submission.

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2016	4.8 Satisfied (121 Votes)

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What document replaced the 1008 on FHA loans?

The 1008 is called the loan transmittal summary and is a summary of the final loan application called the 1003. It used to be signed by underwriters as a notification that the terms/information is correct.

Does the 1003 need to be signed by the loan officer?

All Borrowers must sign and date the Fannie Mae Form 1003/Freddie Mac Form 65, Uniform Residential Loan Application (URLA), and form HUD- 92900-TI, HUD Addendum to the Uniform Residential Loan Application for Title I Loans. The application may not be signed by any party who will not be on the Note.

What is a 1008 form in a mortgage?

Lenders use this form to summarize key information utilized in the comprehensive risk assessment of the mortgage loan and the final underwriting decision -- such as loan purpose, property type, proposed monthly payments, and debt ratio -- for manually-processed applications related to conventional first and second

What is a 1008 document?

Form 1008 features all the summary data required for a mortgage loan, plus calculated figures, such as debt-to-income ratio, income, and liability amounts. Loan underwriters process form 1008 data to help them decide on whether to issue a loan and how much to issue.

What is a 1008 loan transmittal summary?

2019, we communicated that the effective date for use of the updated form was aligned with the mandated use of the redesigned Uniform Residential Loan Application (Form 1003), which at the time was Feb. 2020. We also updated the Selling Guide to allow for the use of a similar document in lieu of Form 1008.

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Broker loan submission form 1008 atlantic pacific mortgage online Broker loan submission form 1008 atlantic pacific mortgage pdf Broker loan submission form 1008 atlantic pacific mortgage sample Broker loan submission form 1008 atlantic pacific mortgage download Offering or negotiating terms of a loan includes which of the following Identification of a mortgage loan originator is based on the employee's American Pacific Mortgage American Pacific Mortgage login app

What is a mortgage redemption form?

If you want to pay your mortgage off in full, or if youre in the process of re-mortgaging to another provider, then youll need a redemption statement. This will typically contain your current mortgage balance, outstanding interest, daily rate of interest, and any redemption or closure fees (if applicable).