USA Direct Funding’s Revised Submission/Loan Requirements
Effective January 1, 2010
Applications submitted to USA Direct Funding must contain, at minimum, the following forms. If all documentation is not received when the file is submitted, USA Direct will not accept the loan and the loan will not be submitted to underwriting. There are no exceptions to this policy.
USA Direct Funding has defined an “Application” as receipt of:
• Complete 1003 (Including borrower(s) name, social security #, property address, value, loan amount and income as stated by borrower)
• A Good Faith Estimate (GFE)
• A Settlement Service Provider list
• USA Registration/Submission Form
• Pre-Disclosure Worksheet (Fee Sheet)
• Certification of Receipt of GFE and Intent to Proceed (Signed/Dated)
Important Note: Additional documentation may be required to submit the loan to Underwriting.
• Please refer to our Minimum Requirements Checklist
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