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Helpful Links

Document Library

Retail Forms for use with Borrower - these forms have been left as word documents to allow for customization of the documents to meet the loan needs. If you are a branch that uses your logo, feel free to update the information accordingly!

Government Loan Docs - New Construction

New Construction Document Checklist-updated October 2020

USDA New Construction​ Docs

Plan Certification-USDA Form RD 1924-25

FHA & VA New Construction Docs

Builders Certificate-form 92541

Warranty of Completion of Construction-HUD form 92544-A/VA form 26-1859

Builder Cabo and Lead Water Cert

Termite Protection-Form NPMA 99a

Termite Protection-Form NPMA 99b

(both forms must be submitted)

VA Not Inspected Acknowledgment-for New Construction Form  

Useful Charts & Calculators

The charts provided are to be used as reference material. It is possible overlays exist that will adjust the information contained in the charts with our investors.  

Mortgagee Clause & Agency ID #'s

Government Mortgagee Clause

Flanagan State Bank ISAOA

333 Chicago Rd PO Box 302

Paw Paw, IL 61353

Conventional Mortgagee Clause

Flanagan State Bank ISAOA

PO Box 961292

Fort Worth, TX 76161-0292

Portfolio Mortgagee Clause

Flanagan State Bank ISAOA

PO Box 487

Gridley, IL 61744

Always include the Loan Number!

Agency ID #'s

FHA ID: 2760600034

*please note this has been updated to be different for each branch, inquire with your sales manager about the correct ID*

VA ID: 7095710000

Tax ID: 37-0276830

FHMLC Seller ID: 129359

 

2024 FHLB Grants

Mortgage Support reviews & submits DPP grant requests to FHLB. The request from the LO should be made early in the loan process but after the borrower has signed the initial loan disclosures. 

Find the full program details here:

FHLB DPP Program Guide

Income Guide

All docs should be labeled according to the Reservation Document Checklist

2024 Required Grant Forms:

Household Member Questionnaire - one per borrower/household member (must be signed)

Income Calculation Workbook- must include VOE or paystubs used to complete. If VOE, at least 1 paystub must be included. Award letters required if this is the income source. Self employed borrowers to provide 2 years tax returns and current YTD P&L. 

Certification of Tip Income - when applicable

Certification of Zero Income - when an applicant does not have any income to verify

Final Grant Checklist

  • If purchasing a 2-unit property, a lease agreement or appraisal with market value rents will be needed for submission.
  • Related party transactions require an appraisal.


Use Homebuyer Education & Counseling link below!

Please include cost of Homebuyer Education on the Loan Estimate to allow for reimbursement at closing to borrower. Click here for DPP Homebuyer Education & Counseling link.  

Grant Marketing Flyers!!

**Must be approved by marketing@flanaganstatetebank.com

https://www.fhlbc.com/community-investment/downpayment-plus-programs/dpp-program-marketing-flyers

*If you cannot find a Counseling Partner easily in the area, please try this on-line provider:

CHES, Inc.

IBTS Order Process

All IBTS orders for Manufactured home certifications will be requested through Mortgage Support. To request your order, please use the order form below and send your request to Mortgage Support. Don't forget to disclose or re-disclose for this cost!

**We will always order both HUD data plate and label costing $275.00.  (rush orders will cost more)

FHA Streamling Refinance Information

FHA SL Loan Amount Calculations

FHA SL Documentation Requirements

VA Refinance Information

VA Cashout Loan Comparison Form

VA IRRRL Loan Comparison Form

VA IRRRL Document List

VA IRRRL Loan Amount Calculations

VA NOV - Additional Entitlement - Appraisal Transfer Information

VA Appraisal Transfers

VA NOV and Additional Entitlement Information

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