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HomeBridge Interactive Portal

HomeBridge Interactive Portal. Submission Process. Training Agenda Portal Functionality Submission Overview Document Library Conditions- Review/Upload Lock Overview Purchase Overview Purchase Disposition Purchase Conditions Purchase Advice Collateral Purchasing General Information.

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HomeBridge Interactive Portal

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  1. HomeBridge Interactive Portal Submission Process
  2. Training Agenda Portal Functionality Submission Overview Document Library Conditions- Review/Upload Lock Overview Purchase Overview Purchase Disposition Purchase Conditions Purchase Advice Collateral Purchasing General Information
  3. Pipeline Management Loan Submission Upload Initial Documentation Review HBC Loan Documentation Conditions- Review / Upload Lock Loans Purchase Process HIP Contains: Seller Guides Program Matrices/Guidelines Announcements Rate Sheets Sales Contact Information www.homebridgecorrespondent.com
  4. Submitting Loans through HIP is as Easy as 123! Step 1- File Import Step 2- Upload File Documentation Step 3- Submit Loan
  5. Step 1- File Import New Loan Actions Closed Loan Review Prior Approval Submission
  6. Step 1- File Import AUS Submission Enter- FannieMae: Case File ID User ID Password 2. Select Import FHA Streamlines Select Manual Submission: Browse and attach file 2. Select Import
  7. Step 1- File Import Complete contact information Select- Register
  8. Step 1- File Import Exceptions: Identifies critical information that is missing from the loan file submission Select- Save Exception to File Fatal Errors- Loan can not be submitted until missing information is updated. Update FannieMae DU Case File Rerun Desktop Underwriter Retrieve updated Casefile ID on initially submission page in HIP Example- Missing Subject Property Address Warnings- Loan can be submitted, however loan information must be updated prior to purchasing Example- Missing dependent Age
  9. Step 2- Upload File Documentation Locate Loan in Pipeline Double Click on loan or Select- Loan Details Summary
  10. Step 2- Upload File Documentation Select- Upload Documents
  11. Step 2- Upload File Documentation Documents may be uploaded in batches or indexed appropriately Select- Category Select- Doc Type Browse and Attach File Select- Upload Acceptable Document Types: PDF TIFF TXT HTM/HTML XML Maximum individual document size: 40MB
  12. Step 3- Submit Loan Select- Submit Loan
  13. Loan Details Summary All loan functions are completed in the Loan Details Summary Screen through the tabs and action buttons highlighted
  14. Import History Contains a list of the AUS/3.2 import history Select Findings to review DU findings Select note to add a note to that specific upload
  15. Document Library Contains Seller Uploaded Documents and HBC Uploaded Documents Double click on any document name to review
  16. Condition- Review / Upload View Underwriting and Purchasing conditions Select Upload to browse and attach condition(s)
  17. Status History Current Loan Status is always displayed in the header View complete Status History of the loan
  18. Lock Loan Prior to Submission: Existing Loans:
  19. Lock Loan- Prior to Submission Select New Loan Actions Lock Prior to Submission
  20. Lock Loan- Prior to Submission AUS Submission: Enter FannieMae Casefile ID, User ID & Password Select Import Manual Submission: Attach FannieMae3.2 File Select Import
  21. Lock Loan- Prior to Submission Complete- Contact Info Select- Register
  22. Lock Loan Complete All required information Select Price
  23. Lock Loan Review Rates Select Price Select Lock Request Exception / Mandatory Pricing
  24. Example Requesting Exceptions Requesting Mandatory Pricing
  25. Lock Loan Review Pricing Select Confirm
  26. Print Confirmation Click OK
  27. Lock Loan- Existing Loan Locate Loan in Pipeline Select Lock
  28. Lock Loan Complete All required information Select Price
  29. Lock Loan Review Rates Select Price Select Lock
  30. Lock Loan Review Pricing Select Confirm
  31. Print Confirmation Click OK
  32. Lock Change When modifying an existing locked loan: Complete Lock Change form Form located on HBC website under resources www.homebridgecorrespondent.com Email completed form to: hbclocks@homebridge.com
  33. Purchase Disposition Available in Document Library Double Click Purchase Disposition
  34. Collateral HBC Custodian: Deutsche Bank National Trust Company 1761 East St. Andrew Place Santa Ana, CA 92705-4934 Attn: Team REMN Custodian Requires: •Original Note • BaileeLetter •Original Note Endorsement• or Allonge Seller to Endorse Note: Without Recourse Pay to the Order of Real Estate Mortgage Network, Inc. DBA HomeBridge (Seller) Signature of Officer Officers Name and Title * The Endorsement for properties located in the states of Illinois, Maryland, Nebraska, New York, Rhode Island and Virginia should NOT reflect dbaHomeBridge.
  35. Purchase Advice Available in Document Library Double Click Purchase Advice
  36. Seller Responsibilities Once the loan has been purchased: Transfer MERS MIN to REMN (Organization ID1002882) Batch Number FHA Assignment, provide “results” printout Final Pay History Trailing Documents (within 120 days) Original recorded Mortgage/Deed of Trust Final Title Policy Recorded Assignments Any additional HBC specified Docs Documents sent to: HomeBridge c/o Real Estate Mortgage Network 433 Hackensack Avenue- 5th Floor Hackensack, NJ 07601 Attn: Final Docs
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