SCRUB	APPLICATION	TASKS
Yes No N/A TRB	#Dependents & Ages Completed?
Yes No N/A TRB	Home#, Cell# and Work# Completed?
Yes No N/A TRB	Email addresses for all Borrowers
Yes No N/A TRB	2 yr Job History for all Borrowers
Yes No N/A TRB	Present Housing Expense Completed
Yes No N/A TRB	Race/Ethnicity Section Completed

SCRUB	PROPERTY	TASKS
Yes No N/A TRB	Fully executed RPA + Addendums + Counter Offers
Yes No N/A TRB	Property Profile
Yes No N/A TRB	HOA Monthly Dues $?
Yes No N/A TRB	Tax Roll
Yes No N/A TRB	CO2/Smoke Detectors
Yes No N/A TRB	Condo: FHA / VA Approval
Yes No N/A TRB	Condo: 51% Owner occupancy ? (CONV)
Yes No N/A TRB	Condo Questionnaire (Full/Limited) for CONV
Yes No N/A TRB	Renovation: Contractor’s Bid/Estimate
Yes No N/A TRB	< Less Than 90-Day Flip? (FHA disallowed)
Yes No N/A TRB	Manufactured: Newer than June 1976 with Both HUD Tags Present?
Yes No N/A TRB	Manufactured: IBTS Certs
Yes No N/A TRB	Manufactured: Engineer’s Foundation Cert
Yes No N/A TRB	Well, Water, Septic Inspections and Cert
Yes No N/A TRB	Solar: Copy of Lease if Buyer to Assume
Yes No N/A TRB	Solar: Subordination If Refinance / UCC Termination required?
Yes No N/A TRB	Solar: Determine if HERO/PACE
Yes No N/A TRB	Departing Residence: Determine Market Rents
Yes No N/A TRB	VA IRRRL w/Discount Points: Drive By CONV Appraisal
Yes No N/A TRB	New Construction/Builder Deals:
Yes No N/A TRB	Certificate of Occupancy/”Job Card”/Building Permit
Yes No N/A TRB	VA Only: Builder ID
Yes No N/A TRB	Builder’s Warranty of Completion HUD92544
Yes No N/A TRB	Termite Soil Treatment Guaranty HUD-NPCA99
Yes No N/A TRB	Builder’s Cert of Plans, Specs & Site HUD-92541

SCRUB	CREDIT	TASKS
Yes No N/A TRB	All 3 Scores Displaying (no credit freeze)
Yes No N/A TRB	Credit Report Less Than 120-days old at Funding?
Yes No N/A TRB	Disputed Accounts needing attention
Yes No N/A TRB	LOE- Credit Inquiries -all Borrowers
Yes No N/A TRB	New Debt from Inquiries?
Yes No N/A TRB	LOE- Addresses on credit report
Yes No N/A TRB	LOE-SSN variances on credit report
Yes No N/A TRB	LOE- Derogatory Credit
Yes No N/A TRB	Supporting Documents for Derogatory Credit
Yes No N/A TRB	Seasoning since BK, FC, Short Sale - copy of Trustee Deed (FC) or Grant deed(SS)
Yes No N/A TRB	Bankruptcy Schedules, Discharge Letter
Yes No N/A TRB	Non Borr Spouse Credit Report/Debts computed?
Yes No N/A TRB	Non Borr Spouse Credit Authorization
Yes No N/A TRB	Debts Awarded to Ex-Spouse in Divorce?
Yes No N/A TRB	Credit Simulator to Raise Scores?
Yes No N/A TRB	Student Loans with No Payment Listed
Yes No N/A TRB	Student Loan deferments ending in less than 12 mos- address projected payment
Yes No N/A TRB	Rapid Rescore Needed?
Yes No N/A TRB	Duplicate Accounts: Order Credit Supplements
Yes No N/A TRB	Judgments/Govt debts: Repayment Plan in Place?
Yes No N/A TRB	IRS/State taxes owed: Repayment Plan in Place?
Yes No N/A TRB	IRS/State taxes owed: Count Pmt in Debt Ratio
Yes No N/A TRB	Joint account paid by 3rd party?- copy of joint note(FHA/VA) +12mos proof
Yes No N/A TRB	Accounts scheduled to be paid off soon
Yes No N/A TRB	Prior VA Foreclosure affecting Entitlement?
Yes No N/A TRB	Childcare Expense Letter (VA)
Yes No N/A TRB	VOR: Verification of Rent (2yrs)
Yes No N/A TRB	Rent paid via direct debit from Bank ac? 12 mos.

SCRUB	INCOME	TASKS
Yes No N/A TRB	Income Breakdown Completed for UW?
Yes No N/A TRB	Income/Employment Summary completed?
Yes No N/A TRB	Self Employed Borrower Income: Watch pw: examprep
Yes No N/A TRB	Add back Depreciation, Depletion etc.
Yes No N/A TRB	Add back Business Mileage Depreciation
Yes No N/A TRB	Add back Home Office expense
Yes No N/A TRB	Look for One-time expenses to be omitted
Yes No N/A TRB	Business License/ CPA Letter
Yes No N/A TRB	P&L Through Last month, signed by Borrower
Yes No N/A TRB	Balance Sheet through last month, signed by Borrower
Yes No N/A TRB	If LP 1Yr Tax Return for S/E then Confirm 5 yrs S/E history
Yes No N/A TRB	W2 Income:
Yes No N/A TRB	Garnishments/Deductions on Payroll?
Yes No N/A TRB	Allotments from Payroll to be explained/documented?
Yes No N/A TRB	Overtime: 2 Yr History (Last Paystub each December prior 2 yrs)
Yes No N/A TRB	VOE Contact Info
Yes No N/A TRB	Do All W2’s add up-to Total Wages on Federal 1040’s?
Yes No N/A TRB	Paystubs are within 30-days
Yes No N/A TRB	Last Paystub from previous job if started After Jan1
Yes No N/A TRB	Employment (New) Offer Letter
Yes No N/A TRB	PCS Orders (Military)
Yes No N/A TRB	New Duty Station (Military)- confirm BAH & BAS
Yes No N/A TRB	Child Support Court Order + Proof of receipt 6-12months
Yes No N/A TRB	Child Support Income: Continue for 3+ years from Closing?
Yes No N/A TRB	Social Security Award Letter www.socialsecurity.gov/myaccount
Yes No N/A TRB	VA Disability Letter
Yes No N/A TRB	Social Security Disability Letter
Yes No N/A TRB	Pension/Retirement Award Letter + 3 mos Proof receipt
Yes No N/A TRB	Employment thru Temp/Staffing Agency? (need 2 yrs)
Yes No N/A TRB	1099s for MISC Income, Pension income etc
Yes No N/A TRB	Tax Returns signed on Page 2 (?) – Both Years
Yes No N/A TRB	Copy of Extension Filed for Last yr’s Tax Returns?
Yes No N/A TRB	Grossed Up SS, Disability, BAH & BAS on VA 125%?
Yes No N/A TRB	Foster/Adoption Income: 2 yr History of receipt OR 1 yr history & Not more than 30% of Total
Yes No N/A TRB	IRS 4506T Signed
Yes No N/A TRB	LOE for increase or decrease in Income
Yes No N/A TRB	Amended Tax Returns? Review what changed/ LOE needed
Yes No N/A TRB	LOE-Job Gaps within past 2 yrs

SCRUB	ASSETS	TASKS
Yes No N/A TRB	EMD check or wire -Copy & Proof of Clearance
Yes No N/A TRB	2 mos’ Consecutive Bank Stmts
Yes No N/A TRB	401k/IRA or other retirement ac Stmt -quarterly
Yes No N/A TRB	Terms & Conditions of Withdrawal (Retirement ac)
Yes No N/A TRB	Large or unusual deposits to be sourced/explained
Yes No N/A TRB	Look for NSFs and Overdrafts/ Prepare LOE
Yes No N/A TRB	Gift Funds: Donor Stmt, copy of check, Gift Letter, Proof of receipt
Yes No N/A TRB	Proceeds from Sale of property / Copy of RPA/CD
Yes No N/A TRB	Review Bank stmts for “other” debts not listed on credit report
Yes No N/A TRB	Activity/Transaction Histories must have website url OR be Teller stamped
Yes No N/A TRB	No Mobile Phone screenshots of Bank Stmts/Balances
Yes No N/A TRB	2 mos PITI Reserves required?
Yes No N/A TRB	Transfers into Bank account from unknown/other accounts (?)
Yes No N/A TRB	CPA Letter /Use of business funds won'tdetrimentally affect cashflow of business
Yes No N/A TRB	Joint Access letters - 3rd party not on Loan but Joint on Bank account

SCRUB	MISC.	TASKS
Yes No N/A TRB	Refinance: Mtg Billing Stmt on all properties owned
Yes No N/A TRB	Refinance: Insurance Decl Page $ for all properties owned
Yes No N/A TRB	Refinance: Property Profile
Yes No N/A TRB	Refinance: confirm seasoning for FHA Cash out Refinance (12 mos)
Yes No N/A TRB	Refinance: Utility Bills to prove occupancy
Yes No N/A TRB	Refinance: Cash Out Letter or LOE Motivation to refinance
Yes No N/A TRB	Refinance: VA IRRRL/ Net Tangible Benefit calculations
Yes No N/A TRB	Refinance: VA IRRRL Loan Amount Calc. worksheet
Yes No N/A TRB	Refinance: FHA Streamline Calculation
Yes No N/A TRB	Refinance: Private Road Maintenance Agreement
Yes No N/A TRB	Non Occupant Cosignor?
Yes No N/A TRB	Driver License Copies
Yes No N/A TRB	LOE- Commute to work (increased due to purchase of subject property)

SCRUB	MANUAL UNDERWRITING	TASKS
Yes No N/A TRB	2 mos PITI reserves
Yes No N/A TRB	Cap on Ratios: 31/43% FHA (VA depending on Lender: 50% thru 65% max)
Yes No N/A TRB	VA: Residual to be over 120% If exceeding 31/43% Ratios
Yes No N/A TRB	VOR: Prop Mgmt or 12 mos Bank Stmt/canceled checks (VA 24 mos)
Yes No N/A TRB	VOR: If Presently private party then identify PRIOR rent to Prop Mgmt
Yes No N/A TRB	Derog LOE – Any late payments within past 12 months?
Yes No N/A TRB	Supporting Docs for Derog LOE.
Yes No N/A TRB	Collections May need to be paid
Yes No N/A TRB	Repayment Plan in Place for Judgments?
Yes No N/A TRB	Budget Letter
Yes No N/A TRB	VA Acceptable Compensating Factors-Manual Underwrite-

SCRUB	VA	TASKS
Yes No N/A TRB	Statement of Service
Yes No N/A TRB	Separating from Service in less than 12 mos? Additional requirements
Yes No N/A TRB	Complete Residual Worksheet – use www.paycheckcity.com for Deductions
Yes No N/A TRB	Family Member Has Income -remove from Household Count# for Residual
Yes No N/A TRB	Confirm Household Count /Residual Income requirement
Yes No N/A TRB	Certificate of Eligibility
Yes No N/A TRB	DD214 or NGB 22 order here
Yes No N/A TRB	Guard/Reserves- Check Retirement Pts for Eligibility
Yes No N/A TRB	PCS Orders if Coming to new Duty Station
Yes No N/A TRB	Confirm BAH and BAS at new Duty Station
Yes No N/A TRB	Childcare Expense Stmt
Yes No N/A TRB	VA Nearest Living Relative form
Yes No N/A TRB	Gross Up BAH/BAS 125%
Yes No N/A TRB	2nd Job ? VA allows offset debt with 1 yr History
Yes No N/A TRB	Non Borrowing Spouse Income to offset his/her Debts
Yes No N/A TRB	VA Acceptable Compensating Factors-Manual Underwrite-
Yes No N/A TRB	VA Condo Approval status
Yes No N/A TRB	Calculate Remaining Entitlement
Yes No N/A TRB	VA Funding Fee
Yes No N/A TRB	Use Excess Seller Contributions to pay Veteran’s Debts (4%)
Yes No N/A TRB	Power of Attorney – Special Military POA not General
Yes No N/A TRB	Alive & Well Letter (?) – deployed Service Members
Yes No N/A TRB	Joint VA Loan requiring “Prior Approval” from RLC ?
Yes No N/A TRB	Is Service Member coming up on every-2-yrs-Pay increase?