Open Mortgage offers Minimal risk for delegated correspondent to our mortgage banker partners. Below are the items we need for delegated file delivery to ensure timely purchase. 

Helpful Documents 

correspondent delegated approval
File Size: 191 kb
File Type: pdf
Download File
income & debt worksheet
File Size: 34 kb
File Type: pdf
Download File
verbal voe
File Size: 81 kb
File Type: pdf
Download File
seller closing costs breakdown
File Size: 208 kb
File Type: pdf
Download File

Correspondent Purchase Checklist 

Please use the below document as your cover sheet for your file upload.  Follow the stacking order listed below and on the checklist. 
delegated correspondent purchase checklist
File Size: 182 kb
File Type: pdf
Download File

Items Needed in the File
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  • Corr purchase checklist (Above) 
  • COPY OF NOTE & ALLONGE (Send originals)
  •  COPY OF CHECK FOR INSRURING
  •  1980-18 FOR USDA (RD ONLY) 
  • MORTGAGE
  • HOLD HARMLESS *
  • 9290A *
  • VA- REPORT & CERT OF LOAN DISBURSEMENT (IF VA)
  • VA- ORIGINATION STMNT (IF VA)
  • VA- SELLER BREAKDOWN (IF VA)
  • SIGNATURE NAME AFFIDAVIT
  • OCCUPANCY CERT 
  • 4506T & W9
  •  FINAL 1003
  • SELLER PAID CLOSING COSTS BREAKDOWN
  • RIGHT TO CANCEL & RECISSION (on REFI)
  • AMORTIZATION
  • ITEMIZATION
  •  INITIAL ESCROW ACCOUNT STMNT
  • LENDER/CREDIT BREAKDOWNS
  • ADDENDUMS 
  • CD (INITIAL AND FINAL)
  • CERTIFICATION OF REAL ESTATE VALUE 
  • PROPERTY TAX FORM
  • WARRANTY DEED 
  • POA- QUIT CLAIM DEED (IF POA)
  • FIXED INTEREST RATE RIDER 
  • MANUFACTURED HOME RIDER (IF MFH)
  • PUD RIDER (IF PUD
·         COPY OF CHECK – USDA RD only (RD ONLY)
  • Wood Destroying
  • AIR
  • OTHER CLOSING DISCLOSURES (AIR) (MAILING ADDRESS VERIFICATION) (REAL ESTATE SALES CONTRACT CERT)
  • USA PATRIOT ACT
  • DRIVERS LICENSE
  • VVOE Within 10 days of closing
  • LE’s THAT FOLLOW HISTORY ABOVE
  • SIGNED APPROVAL AND 1008
  • FINAL AUS Findings (DU, LP, GUS)
  • CREDIT REPORT
  • INCOME DOCUMENTATION
  • Paystubs
  • W-2’s
  • Tax Returns if Used
  • VOE’s
  • Transcripts
  • ASSETS
  • Title and CPL
  • Flood Cert 
  • Appraisal 
  • INITIAL DISCLOSURES FOLLOWING APP DATE
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