Loan Referral Program

Once the 1st mortgage loan is approved, download, complete, and email these forms to [email protected]:

• Second Trust Loan Referral Submission Form
• Authorization for Loan Referral & Release of Financial Information

OR, you can send an email to [email protected] with this information:

• Borrowers names, emails, phone numbers
• Home Equity product and amount requested
• Scheduled Closing Date
• Title company contact information

Important: You will be contacted by your Loan Processor with instructions for uploading the required documents to a secure folder. You may also fax documents to 703-591-4168.

Please submit the following documents:

Forms:

1. Forms 1003 and, if applicable, 1008 with the loan amount requested
2. Full Appraisal
3. Desktop Underwriter (DU) Findings
4. Loan Estimate (Good Faith Estimate)
5. IDs of all borrowers²

Proof of Income³:

1. 30 days of pay stubs within 60 days of closing (e.g. if paid monthly, 1 pay stub; 2 pay stubs if paid biweekly; 4 if paid weekly – all dated within 60 days of the closing date)
2. Previous two years of W2s
3. Written Verification of Employment (WVOE)
4. SELF-EMPLOYED – two years of personal and business TAX RETURNS with all schedules, K1’s and 1099s (if applicable)
5. SELF-EMPLOYED – two years of personal and business TAX TRANSCRIPTS
6. Lease agreement (if rental property is owned)

Other items needed:

1. Sales contract for a Purchase – Include the Ratification Date
2. Sales contract or HUD if current property will be sold or was sold
3. Title search showing NextMark Federal Credit Union as proposed insured. Title insurance is required for all of our 2nd trust loans.
4. Borrower(s) email address
5. For Home Equity Fixed Rate Loans ONLY – Home Owners Insurance premium, Home Owners Association dues, Title Company fees, and Title Company contact information
6. Current unencumbered NMLS number of the referring Loan Officer