+-----------------------------------+-----------------------------------+
| ## Left Side of Binder            | **Right Side of Binder**          |
+-----------------------------------+-----------------------------------+
| Choice of Insurance Options       | **If required**, Late Submission  |
| (Assignment or Shared)            | Explanation                       |
+-----------------------------------+-----------------------------------+
| Certified True Copy of Form       | Certified True Copy of Form HUD   |
| HUD-92561, "Borrower's Contract   | 92902, Certificate of HECM        |
| with Respect to Hotel and         | Counseling -- Received from a HUD |
| Transient Use of Property"        | approved counseling agency and    |
| required on 2, 3, or 4 Unit       | signed by the borrower. If a HECM |
| properties                        | Refinance and the borrower opts   |
|                                   | out of counseling, evidence in    |
|                                   | accordance with ML 2004-18 that   |
|                                   | borrower meets the waiver         |
|                                   | requirements should be included.  |
+-----------------------------------+-----------------------------------+
| Certified True Copy of Form       | **If a HECM Refinance**, Original |
| HUD-92800.5B, "Conditional        | Form                              |
| Commitment Direct Endorsement     |                                   |
| Statement of Appraised Value"     | HUD-92901 "Home Equity Conversion |
|                                   | Mortgage (HECM) Anti-Churning     |
|                                   | Disclosure"                       |
+-----------------------------------+-----------------------------------+
| **If Applicable,** Certified True | Certified True Copy of original   |
| Copy of Form HUD-92051,           | First (1^st^) Note                |
| Compliance Inspection Report.     |                                   |
| This form is used in conjunction  | *(Original maintained by          |
| with the Repair Rider and         | mortgagee)*                       |
| certifies that required repairs   |                                   |
| have been completed.              |                                   |
+-----------------------------------+-----------------------------------+
| Certified True Copy of Fannie Mae | Certified True Copy of original   |
| Form 1004, Comprehensive          | First (1^st^) Security Instrument |
| Valuation Package (all pages)     | (Mortgage or Deed of Trust) and   |
|                                   | all applicable riders             |
| \- Uniform Residential Appraisal  |                                   |
| Report, prepared in accordance to | *(Original maintained by          |
| FHA minimum property              | mortgagee)*                       |
| standards/requirements            |                                   |
|                                   |                                   |
| -   Certified True Copy of Form   |                                   |
|     HUD-92564-VC - Notice to the  |                                   |
|     Lender -- Valuation           |                                   |
|     Conditions                    |                                   |
|                                   |                                   |
| -   Certified True Copy of Form   |                                   |
|     HUD-92564-HS - Notice to      |                                   |
|     Homebuyer -- Homebuyer        |                                   |
|     Summary"                      |                                   |
+-----------------------------------+-----------------------------------+
| Title Insurance Commitment or     | Original Second (2^nd^) Note      |
| other Acceptable Title Evidence   |                                   |
| at least equal to maximum claim   |                                   |
| amount                            |                                   |
+-----------------------------------+-----------------------------------+
|                                   | Original of Second (2^nd^)        |
|                                   | Security Instrument (Mortgage or  |
|                                   | Deed of Trust) and all applicable |
|                                   | riders. A Certified Copy of the   |
|                                   | 2^nd^ security instrument is      |
|                                   | acceptable if the original 2^nd^  |
|                                   | Security instrument is not        |
|                                   | available from the recorder's     |
|                                   | office at the time endorsement    |
|                                   | request package is prepared.      |
|                                   | **Once received,** forward the    |
|                                   | **original** recorded 2^nd^       |
|                                   | Security Instrument to HUD when   |
|                                   | obtained from the recorder's      |
|                                   | office.                           |
+-----------------------------------+-----------------------------------+
|                                   | Certified True Copy of Form HUD-1 |
|                                   | "Settlement Statement" **and**    |
|                                   | HUD-1 Addendum                    |
+-----------------------------------+-----------------------------------+

+-----------------------------------+-----------------------------------+
|                                   | Notice to Borrower.               |
+-----------------------------------+-----------------------------------+
|                                   | One Original and two certified    |
|                                   | true copies of the Loan Agreement |
|                                   | and related Exhibits:             |
|                                   |                                   |
|                                   | -   Schedule of Closing Costs and |
|                                   |     Liens                         |
|                                   |                                   |
|                                   | -   Payment Plan                  |
+-----------------------------------+-----------------------------------+
|                                   | **If applicable**, One Original   |
|                                   | and two certified true copies of  |
|                                   | Repair Rider.                     |
|                                   | [Required]{.underline} if repairs |
|                                   | are escrowed.                     |
+-----------------------------------+-----------------------------------+
|                                   | Certified True Copy of Form       |
|                                   | Fannie Mae 1009, "Residential     |
|                                   | Loan Application for Reverse      |
|                                   | Mortgages" **[or]{.underline}**   |
|                                   | Certified True Copy of Form       |
|                                   | Fannie Mae 1003, "Uniform         |
|                                   | Residential Loan Application"     |
+-----------------------------------+-----------------------------------+
|                                   | Certified True Copy of Form       |
|                                   | HUD-92900-A, "HUD/VA Addendum to  |
|                                   | the Uniform Residential Loan      |
|                                   | Application" (all pages)          |
+-----------------------------------+-----------------------------------+
|                                   | Evidence of Calculations for      |
|                                   | Principal Limit and Monthly       |
|                                   | Payment Amount (Screen Print is   |
|                                   | Acceptable)                       |
+-----------------------------------+-----------------------------------+
|                                   | Evidence of Credit Alert          |
|                                   | Interactive Voice Response System |
|                                   | (CAIVRS), which includes the      |
|                                   | system's authorization code and   |
|                                   | copies of printout for GSA/LDP    |
|                                   | check.                            |
+-----------------------------------+-----------------------------------+
|                                   | Credit Report. A merged in-file   |
|                                   | report, containing the            |
|                                   | information currently available   |
|                                   | from three consumer credit        |
|                                   | information repositories.         |
+-----------------------------------+-----------------------------------+
|                                   | Identification of Borrower.       |
|                                   | Picture identification and        |
|                                   | evidence of social security       |
|                                   | number and date of birth is       |
|                                   | required. Acceptable documents    |
|                                   | may include, but are not limited  |
|                                   | to social security card, birth    |
|                                   | certificate, driver's license,    |
|                                   | passport, or 1099.                |
+-----------------------------------+-----------------------------------+
|                                   | If applicable, Verification of    |
|                                   | Assets. (To be used when          |
|                                   | borrowers need additional         |
|                                   | monetary funds to close)          |
+-----------------------------------+-----------------------------------+