Welcome to the Retail Website

Current Turn Times

New USDA Submissions                     Currently working on files from     10/22/2021

New FHA Submissions                        Currently working on files from     10/22/2021

New Conventional Submissions        Currently working on files from     10/25/2021

New VA Submissions                          Currently working on files from     10/26/2021

Resubmitted USDA Files                     Currently working on files from     10/25/2021

Resubmitted FHA Files                        Currently working on files from     10/25/2021

Resubmitted Conventional Files        Currently working on files from     10/25/2021

Resubmitted VA Files                           Currently working on files from    10/25/2021

USDA Commitment Turn Times           Currently working on files from   10/20/2021

Jumbo Loan -12 Step Process

Step 1 -  LO will start loan in Mortgagebot labeled Conventional 30.

Step 2  - LO will review matrices and guides from FGMC to make sure loan fits program.

Step 3  - LO will upload all documentation to Image Flow and will send completed pre-qual request to [email protected].

Step 4 - Once the LO has this back they can get a quote on the rate from Secondary.

Step 5 -  After the LO confirms the rate they can final the loan for initial disclosures.

FYI Loan will follow normal file flow from there as far as getting disclosures signed and going to processing.

Step 6 -  Complete the FGMC Loan Submission Form. Upload the form to Image Flow under Notes to Underwriter. For Lender Contact enter Wayne Pierce 815-676-0987 and the email address should be [email protected]

Step 7 - When file is submitted to Underwriting the processor will e-mail [email protected] to advise that it has been submitted.

Step 8 - File will be submitted to FGMC for underwriting by our Operations team. Allow for extra review time as published turn times on our website will not apply.

Step 9 -  When approval comes back Operations will upload approval to Image Flow and add conditions to Mortgagebot.

Step 10 -  Operations will change status to U/W Approved w/ Conditions and notification will go out.

Step 11 -  Loan can be locked with Secondary at this time.

FYI Conditions and ICD will be handled as normal process.

Step 12 - When final approval is received we will update Mortgagebot and move to final approval.

FYI Scheduling will be done as normal files.

FYI **THERE WILL BE NO EXCEPTIONS TO THE GUIDELINES. IF A LOAN DOES NOT MEET THE GUIDELINES IT CAN NOT BE DONE**


Jumbo Loan Prequal Form

Jumbo Matrix (FGMC)

Jumbo Product Guide (FGMC)

Important IT Information

IT Support

[email protected]

815-215-8140

Ext 111

Please use for ANY IT related issues. IT issues do not equate to password resets except on Office 360. Mortgage Support will assist with all other password resets, DU/LP assistance, Doc Magic, etc...

Who to Reach Out to For Help (cheat sheet)

Denial/Withdrawal Process

Not sure if you should deny, withdraw or archive? This Cheat Sheet will help you know!

When a file needs to be denied, please fill out this denial form and upload it to the file. Quick & easy!

If the loan will be denied/withdrawn and has been DISCLOSED but NOT UNDERWRITTEN, follow these steps:

  1. 1003 is to be completed in full. Borrowers names, SS number, current address, subject property city/state/zip and TBD address(if one is not available).
  2. Complete the Loan Summary information at the bottom of the Borrower Summary Page. Enter the loan terms to the best of your knowledge, including product type.
  3. Fill in the income on every borrower
  4. Fill in your declarations on every borrower
  5. Complete the Government monitoring section for each borrower. Double check that how the app was taken is completed for all
  6. Add in the notes section of the file "It is the borrower's intent to apply for joint credit" when you have an application with more than one borrower on it.
  7. 7. Upload to Imageflow the credit report, AUS findings and any information that clarifies why the loan is being denied or withdrawn.
  8. 8. Email [email protected] to request the completion of the denial or withdrawal

If the loan does not meet our matrix but has not been disclosed, the file must be denied. Follow the same procedure as above!

If the loan meets our matrix/requirements and is considered a prequal but the borrower will not be proceeding - the file can be archived.

If the loan HAS been UNDERWRITTEN and the file must be denied or withdrawn, follow these steps:

  1. Upload the documentation that led to the decision to deny or withdraw.
  2. Upload a note to the UW identifying the reasons for the decision
  3. Final the file or direct your processor to final the file back to underwriting
  4. The underwriter will finish the process of denying or withdrawing the file

Upcoming Meetings

Let's Discuss - New LO's, LOA's & Processors

Every 1st Wednesday of the month @ 3:00 PM CST

Teams Meeting Link

Let's Discuss - Regular Monthly Meeting for all LO's, LOA's & Processors

Every 2nd Wednesday of the month @ 3:00 PM CST

Teams Meeting Link

September LO/LOA/Processor Meeting

September 1, 2021 @ 11:00 AM CST

Teams Meeting Link


Important Emails

Computer Issues

[email protected]

Help Desk/Support

[email protected]

Lock Desk/Secondary Questions

[email protected]

Compliance Condition Questions

[email protected]

Underwriting Questions

[email protected]

Closing Department

[email protected]

Denials

[email protected]

Rush requests

[email protected]

Request For Disclosures/Re-Disclosures

[email protected]

Request for Updated ICD

contact your processor and provide them with a COC - ICD Request for the changes!

Lock Desk & Secondary Pricing Policies

Pricing Policies

      Retail Pricing Policies

Knowing Your MSA and pricing to it

      MSA Chart - All FSB Areas - currently working on COVID 19 MSA. Contact your Regional Sales Manager for other areas, as needed

      Working in Other MSA Areas

Daily Rates & Rate Sheets

Other Secondary Policies

0