Summary - Government Monitoring, Declarations, and Additional Borrowers

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Government Monitoring

  • Consumer Name – Ex. Bob Test – Should appear at the top of the screen
  • I do not wish to furnish this information
    • If consumer chose to “check” this box there will be no additional information needed on this screen, however, if he/she did not “check” this box they must provide the following:
      • What is your race? What is your ethnicity? What is your gender?

If Co-Borrower Exists…

  • Co-Borrower Name – Ex. Mary Test – Should appear at the top of the screen
  • I do not wish to furnish this information
    • If consumer chose to “check” this box there will be no additional information needed on this screen, however, if he/she did not “check” this box they must provide the following:
      • What is your race? What is your ethnicity? What is your gender?

Declarations

  • These are the 13 standard declaration questions, they must be completed for both the parties
  • If you have had ownership interest in a property in the last three years? – 2 additional declarations will appear that the consumer must answer
    • What type of property did you own? – Primary Residence, Secondary Residence, Investment Property
    • How did you hold title to the home? – Solely by yourself, Jointly with your spouse, Jointly with another person

Once consumer clicks “Save & Continue” they will be taken to the complete summary page shown below:
The consumer has the opportunity to review this page and make changes by clicking on the links found throughout the page.

Additional Borrowers

  • Are there additional borrowers you’d like to add to the loan?
    • If the consumer clicks “yes” an additional question will appear
  • First Name, Last Name, Email, Preferred Phone

 

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