Welcome to the Retail Website!
Useful Links
Useful Links
Document Library
Document Library
General Loan Documents
SSA-89 2021-NEW 12/28/2021
COC for Re-disclosure of LE or ICD
Power of Attorney-approved form
Escrow Repair Holdback Agreement
Lead Based Paint Disclosure-for dwellings built prior to 1978
Appraisal Credit Card Auth Form
Condo Questionnaire Short Form
Itemization of Credits Worksheet
Income Worksheets
FSB Wage Earner Income Calculation Worksheet
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!
Loan Status Update for RE Agents-instructions
Loan Status Update for RE Agents-form
POD Letter-Redisclosures
POD Letter-Initial Disclosures
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
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.
Document Library is to the left side of the page!
Document Library is to the left side of the page!
This page is to be used as a resource for anything that may be needed to close loans.
Email us at [email protected]
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Mortgagee Clause & Agency ID #'s |
Scenarios & Prequal Instructions |
FHLB Grant Instructions |
IBTS Ordering Instructions |
Document Library - Left side |
Mortgage Cliff Notes - easy instructions for several topics |
Useful Charts & Calculators - Left side |
Mortgagee Clause & Agency ID #'s
Mortgagee Clause
Flanagan State Bank
ISAOA
333 Chicago Road
PO Box 302
Paw Paw, IL 61353
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
Scenarios & Income Review
Scenarios & Income Review
Pre-qualification Reviews
Mortgage Support can review ANY potential loan file.
Pre-qualification Request Form
Send an email to us with the complete 1003, credit report and AUS findings. Any additional information that is important to the review should also be sent with your email. We will review the information and provide you with a written prequal to assist you with discussions you have with your borrower.
Income Reviews - Income Calculation Request Form
Mortgage Support will review ANY income situation to help determine the income that will be used for Qualifying or Annual income if USDA. Please send us the income documentation as it pertains to the borrower's situation.
Self Employed Borrowers (file Sch C, Sch E, or Sch F) - provide all pages of personal tax returns for the most recent 2 years. If a Sch E shows K-1 income/loss, provide the K-1's and business returns for the most recent 2 years.
*Please see the Retail Memo on 2/7/2022 for the most up to date Conventional Self-Employment Guidelines*
Wage Earner Borrowers - each situation is different but we do like to have paystubs, W-2's and an idea of the situation, please. It is very helpful to get a VOE, if available.
FHLB Grant Process
FHLB Grant Process
Mortgage Support reviews & submits the grant requests to FHLB. The request from the LO for this grant should be made early in the loan process but after disclosing to the borrower.
2022 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
All docs should be labeled according to the Reservation Document Checklist. Please include this checklist with your request and the required documents.
If purchasing a 2-unit property, a lease agreement or appraisal with market value rents will be needed for submission.
Homebuyer Education to be completed through Framework or eHomeAmerica only. 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.
IBTS Order Process
IBTS Order Process
Effective 4/1/2019, 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!
Mortgage Cliff Notes
Mortgage Cliff Notes
VA High Balance & Jumbo Size Loans
How to Start a Loan in Mortgagebot
How to Order MI in Mortgagebot
How and when to contact Mortgage Support
Freddie Mac Private Flood Insurance-New
HOI & Flood Insurance Requirements-Updated 1/11/2022
Title Commitment Requirements-Updated 1/11/2022
24 Month Chain of Title-Sample
Condo Information
Determining the Review Type for Conventional Condos
Documentation Needed for Condo Approval
Miscellaneous
Escrow Repair Holdback Information