Set Up Checklist - Encompass

1 StatusNotes1 FHA Case NumberLink included in processor tracking2 FHA/VA CAIVRSLink included in processor tracking3 FraudGuard (only when #6 is complete)Link included in processor tracking4 USPS Look UpLink included in processor tracking5VA - Cert of EligibiltyLink included in processor tracking6 File Contacts EnteredAccess through Tools > File Contacts7 Settlement Agent Ineligible List CheckedAccess lists on Channel A - Sign processor certStatusNotes8 Mtg Payoff StatementRefinance only9 SSN/SSA VerificationOrder through servicesStatusNotes10B1 - verbal voe CurrentForm found in Custom Forms - Companywide11B2 - verbal voe CurrentForm found in Custom Forms - Companywide12B1 - Third Party Emp Number VerificationComplete via 411, Google, YP, etc13B2 - Third Party Emp Number VerificationComplete via 411, Google, YP, etc14 Tax Transcripts PersonalOrder through services15 Tax Transcripts BusinessOrder through services16B1 - S/E 3rd Party VOEC omplete via state/county records, 411.

2 Etc17B2 - S/E 3rd Party VOEC omplete via state/county records, 411, etc18B1 - Full VOE (manual add item)Form found in Standard Forms - Verifications19B2 - Full VOE (manual add item)Form found in Standard Forms - VerificationsStatusNotes20 VOD Form found in Standard Forms - VerificationsStatusNotes21 AppraisalOrder through services22 Title Prelim/Tax Cert/CPL/E&O/24 mo chainForm found in Custom Forms - Companywide23 Hazard Insurance or Condo/PUD Master PolicyForm found in Custom Forms - Companywide24HO6 Walls In Policy (Condo)Form found in Custom Forms - Companywide25 Flood CertOrder through services26 Flood InsuranceForm found in Custom Forms - Companywide27 Authorization for Signor of Seller (if business)Add note to title request form28 HOA/Condo QuestionnaireAccess forms on Channel A (no change in order process)29 HOA Budget/CC&RsAdd note on condo request30 New Construction - Building PermitsAdd note to title request or request from builder31 New Construction - WarrantyAdd note to title request or request from builder32 New Construction - Certificate of OccupancyAdd note to title request or request from builderStatusNotes33 Processor Tracking Complete Set Up ItemsMark all applicable items as complete/follow up34 Index documents in eFolderIf set up is completing in your branch (may not apply)

3 ASSETSPROPERTYOTHERSet Up Checklist - EncompassLoan # _____ Borrower Name _____ Loan Officer _____To Processing Date _____ Set Up Date _____ Closing Date _____STANDARDCREDITINCOMES tatusNotes1eFolder - Index Documents Document Set added and place documents in buckets2eFolder - Set Preliminary ConditionsSet preliminary conditions3eFolder - Review DocumentsUpdate tracking to "Ready for UW" once docs reviewed4eFolder - Upload Processing DocumentsEx.: Underwriting Cover Letters, Processor Certs, etcStatusNotes5 Borrower Summary61003 Page 171003 Page 281003 Page 392015 Itemization (Fees)10 VOD11 VOE12 VOL13 VOM14 VOR15 Processor Summary16 Mortgage Insurance Information17 Property Information18 Flood Information19 Insurance Information20 FNMA or Freddie Mac Data (for AUS)StatusNotes21 Outstanding Services - Follow UpFollow up & order as applicable22 AUS - Run prior to submittalEnsure AUS is current and acceptable prior to submittalStatusNotes23 Processor Tracking - Review & CompleteAll tasks/items as applicable should be completed/requested24 File Contacts - Review & CompleteAll contacts available completed25 Conversation Log - Review & Add Items NeededUtilize to review notes from LO and add list of items needed26 Tasks - Review & CompleteAll applicable tasks per milestone must be completed27 Milestone CompletionClear all documents, required fields, assign UW & finish28 Email Underwriting GroupNotification loan is ready for underwriting (temp process)SERVICESTRACKINGPROCESSOR NOTESP rocessor Checklist ( Encompass )

4 Loan # _____ Borrower Name _____ Loan Officer _____To Processing Date _____ Submittal Date _____ Closing Date _____DOCUMENTSFORMSR eview each section and update accordingly. Ensure all blue fields are complete. Best practice: Review forms as you review documents in the - Special NotesIncome TypeIncome Used$Income TypeIncome Used$Income TypeIncome Used$Income TypeIncome Used$NOTESSTATUSC ompleted Income WorksheetsCompleted Underwriting CoversheetCompleted Encompass ChecklistGift Funds per AUS/Credit PolicyHousing/Bond ReservationsCompleted Processor CertificationVerification of DepositBank statements per AUS/Credit PolicySource of Funds per AUS/Credit Policy10 Day VOEsSelf Employed VOEsWork Phone # VerificationsReturns per AUS/Credit PolicyVerbal VOEsFull VOEsPaystubs per AUSW-2s per AUST ranscripts per Credit PolicyDerogatory Credit DocumentsChild Support DocumentationVerification of RentNPS Credit Report (Govt only)Credit SupplementsREO DocumentsVA Max Mtg CalculatorPaycheck City (VA only)Unexpired Credit ReportMortgage Payoff (refinance only)

5 FHA Case Assignment & CAIVRSVA COE & CAIVRSUSPSE xecuted Purchase ContractPurchase Contract AmendmentsInsurance (Hazard, Flood, Condo, etc)Flood CertFlood Disclosure & Cert Signed Power of AttorneyBuilder DocsCondo DocsTitle WorkPrelim CDSurveyAppraisalAppraisal ChecklistAppraisal - Final InspectionComplete 92900 Complete 4506T ITP & eConsentREQUIRED ITEMSNOTES ON STATUSC omplete DisclosuresComplete 1003 Waiving EscrowsCash to CloseAssets VerifiedSales Price/Est ValueB2 Lender CreditsSeller CreditsRate LockedDTILTV/CLTVLOAN DATAINCOME REVIEWC redit ScoreB1 Loan AmountProperty TypeOccupancyLoan PurposeProcessing WorksheetLoan # _____ Borrower Name _____ Loan Officer _____To Processing Date _____ Submittal Date _____ Closing Date _____LOAN INFORMATIONA dditional NotesLoan Ty