| Rev |
Form |
Purpose |
Use When |
| 7/12 |
Form 1
Request for Rate Lock |
Locks interest rate on a loan for 45 days |
Upon accepting an application for a WHEDA Advantage Loan and receiving an executed Offer to Purchase |
| 10/12 |
Form 2
Borrower’s Affidavit |
Determines income for all household occupants for compliance with county income limits. |
Submit with Application Package. Must be signed by all borrowers. |
| 3/10 |
Form 3
Residential Loan Application Addendum |
Verifies type of credit. Used to comply with WI Martial Property Act.
|
Submit with Application Package. Must be signed by all borrowers. |
| 1/13 |
Form 6
Application Package Checklist |
Ensures all forms and documents are submitted. |
Submit with Application Package.
|
| 10/12 |
Form 6d
Preapproval Application Package Checklist |
Ensures all forms and documents are submitted. |
Submit with Application Package. |
| 6/12 |
Form 6f
Release of Liability Application Package Checklist |
Ensures all forms and documents are submitted. |
Contact WHEDA at 800-562-5546 |
| 8/12 |
Form 7
Funding Certificate |
Requests funds for loan closing. |
Submit 2 business days prior to the closing date. |
| 11/11 |
Form 11
Gift Affidavit |
Used if gifted funds will be used as funds to close. Lender may use their own version of this form. |
Submit with Application Package. |
| 4/13 |
Form 12
Closing Package Checklist |
Ensures all forms and documents are submitted. |
Submit with Closing Package. |
| 4/13 |
Form 13
Lender’s Warranty |
Certifies that the loan complies with all requirements. |
Submit with Closing Package. |
| 2/10 |
Form 16
Lender Changes |
Inform WHEDA of changes in lender information (address, contact person, etc.) |
As needed |
| 11/10 |
Form 17
Authorization Agreement for ACH Transfers |
Authorizes WHEDA to credit lender’s account via Automate Clearing House (ACH). |
Submit when becoming a participating lender or when changes to ACH accounts are needed. |
| 10/11 |
Form 21
Mortgage Rider |
Requires owner occupancy for life of loan and addresses environmental concerns. |
Closing a loan |
| 10/10 |
Form 23
Automatic Payment Withdrawal Form |
Authorizes WHEDA to debit borrower’s depository account for WHEDA loan payments. |
Submit with Closing Package. Signed by borrower at closing. |
| 2/10 |
Form 24
Compliance Income Calculation Worksheet |
Tool to calculate compliance income. |
Determining borrower eligibility. |
| 7/11 |
Form 27
TPO Authorization Form |
Inform WHEDA of participating TPOs |
Authorizing a TPO to originate on your behalf |
| 5/10 |
Form 29
Compliance Income Evaluation |
Tool for lender to receive compliance income guaranty from WHEDA. |
As needed |
| 10/11 |
Form 34
Lender Application |
Application for becoming a WHEDA approved lender |
New lender application or annual recertification |
| 5/10 |
Form 35
Certification of Zero Income |
Affidavit that borrower has no income. |
As needed |
| 5/13 |
Exhibit 1
Job Loss Protection Borrower Information |
Provides borrower with basic information regarding Job Loss Protection Plan. |
Give to borrower at time of application. |
| 1/12 |
Exhibit 2
Job Loss Protection Q&A for Lenders |
Provides lenders with basic information regarding Job Loss Protection Plan. |
As needed |
| 12/12 |
Exhibit 4
Schedule of Fees |
Fees charged for various services. |
As needed |
| 3/11 |
Exhibit 5
Confirmation of Receipt of Appraisal Report |
Borrower acknowledges they received a copy of the property appraisal |
As needed |
| 4/13 |
Exhibit 7
Recapture Tax Reimbursement |
To request reimbursement of recapture tax paid |
As needed |
| 12/11 |
Exhibit 9
Finance Charges |
Used to determine fees included in the APR calculation |
When preparing the truth in lending disclosure |