For updated process of resubmitting conditions back to UW.
Set up is not a problem as you are all sorting and dropping documents into buckets on the initial submission. The naming is only required on resubmittals. Once the loan is conditionally approved there can be multiple documents in the buckets. To make things easier for UW Support along with the Underwriter reviewing the conditions, we ask that the name of the pdf that is uploaded to satisfy a condition be named the condition number on the approval letter.
The first condition is *A1004-Assets - EMD
Second condition is *A1005 – Assets
When going into the Underwriting Conditions tab, you can see the description of the condition added by the UW. If you open the condition, you will be able to see the Tracking Screen with the condition marked as “Added.” That is the status that UW works out of. This box will be checked and greyed out.
DO NOT CHECK ANY OF THE OTHER BOXES! We recently found some loans that the Fulfillment box had been checked and UW was not able to see that the condition had not been reviewed or cleared.
Snip here is the approval letter from one of our files.