Mortgage Loan Processing Center - Mortgage Loan Processing

Salvation Processing will submit your loan package to your lender, clear conditions and schedule closing, maintaining clear and open communications throughout the loan process.

Responsibilities:

The Broker will -

• Take the loan application
• Collect disclosures
• Collect borrower documents
• Identify lender and program

Salvation Processing will -

• Order the appraisal
• Order pay-off if required
• Verify disclosures
• Review credit and all borrower documents
• Order any required 3rd party verifications
• Complete loan package and submit to lender
• Clear lender conditions

All broker submitted files MUST include:

• Loan processing submission form
• Completed and signed Form 1003
• Copy of GFE
• Credit Report
• All signed disclosures
• Signed borrower’s authorization form

Broker is required to supply the above information in a complete package at time of loan submission. Failure to supply all items will result in processing delays.

To expedite the processing of your file, please include the following:

• Contract agreement
• 30 days paystubs
• 2 year’s W-2’s
• 2 month’s bank statements - ALL pages
• Full contact information of landlord(s) for past 24 months
• 401K or other retirement account statements
• 2 year’s 1040’s with ALL schedules if self-employed or commissioned

FHA submissions:

• Copy of borrower’s Social Security card(s) 
• CAIVRS

VA submissions:

• Certificate of Eligibility 
• CAIVRS
• LES statement

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Loan Processor - Contract Mortgage Processor