<p> MAYOR’S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT (MOHCD) BMR PROGRAM LENDER CLOSING CHECKLIST ALL NON BMR-DALP PURCHASES MUST USE THIS FORM INSTRUCTIONS: This form must be completed and signed by a participating MLO or Broker who has attended and completed the MOHCD DALP, MCC and BMR lender training. SUBMITTED BY: DATE: </p><p>TELEPHONE: EMAIL:</p><p>BANK|LENDER: </p><p>ADDRESS: MORTGAGE LOAN BROKERS MUST WRITE THE FUNDING LENDER NAME / ADDRESS:</p><p>1. BORROWER(S) LEGAL NAME AS IT WILL APPEAR IN FINAL FORM ON LOAN AND TITLE: NAME: FICO SCORE NAME: FICO SCORE NAME: FICO SCORE </p><p>NAME AS IT WILL APPEAR ON TITLE AND MANNER IN WHICH TITLE WILL BE VESTED: (TENANTS IN COMMON IS NOT ALLOWED) (All household member 18 years-old or older who are not declared as dependent on another applicant’s Federal Income Tax Return must be on the Loan and Title). Review BMR purchase approval letter. HOUSEHOLD CURRENT GROSS MONTHLY INCOME: $ TOTAL CASH ASSETS | DO NOT INCLUDE 401K OR 403B: $ 2. BMR PROPERTY ADDRESS AND INFORMATION: Street: Unit: Zip: Block no.: Lot no.: Square feet: # Bedrooms: # Baths: Parking Lot No. 3. REQUIRED LENDER FORMS: First Mortgage Final Loan Approval Letter with all terms & conditions (Please DO NOT submit your package without this) Form 1008 – Underwriting Summary Form 1003 – Residential Loan Application, Escrow Docs – Preliminary Title report, Wire signed and dated by MLO and borrowers. Instructions, Escrow Deposit Receipt Credit Report Fair Market Appraisal Report [APPRAISAL MUST NOT REFLECT BMR SALES PRICE AS VALUE] Income – 3 paystubs, VOE (all borrowers), Final sales agreement with all addendums 3 years W2s, 1099s, and Federal tax returns Estimated Master Settlement Statement For Self-Employed – sign and dated YTD P&L (include BMR silent second lien & impounds)</p><p>3 months asset statements and LOE with Loan Estimate/Closing Disclosure source of deposit more than $500 (other than payroll) Gift letters, Donor bank statement, receipt of First Time Homebuyer Certificate gift funds [Issued by and dated with 12 months]: 3 years Tax Transcripts for all Borrowers MCC/TND Docs (if applicable) 4. LOAN INFORMATION: RATIO: TERM: Purchase Price: $ Closing Cost: $ First Mortgage Loan: $ % YR Loan Interest Rate [Must be Fixed Rate]: % Other Non-MOHCD Loan Program / Specify Source: $ % YR Borrower’s Down Payment – Must equal 5%: $ Additional Cash From Borrower: $ Front-end Debt-To-Income Ratio: % [Minimum 28% w/o DALP] Back-end Debt-To-Income Ratio: % [Must not exceed 45% w/out DALP] CLTV [Must not exceed 100%]: % MONTHLY PAYMENTS: Principal & Interest Monthly Payment: $ Mortgage Insurance Monthly Payment (If any): $ HOA Monthly Payment: $ Estimate Monthly Hazard Insurance: $ </p><p>1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501 MAYOR’S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT (MOHCD) BMR PROGRAM LENDER CLOSING CHECKLIST ALL NON BMR-DALP PURCHASES MUST USE THIS FORM Estimate Monthly Taxes: $ 5. TITLE | ESCROW | SALES PERSON | APPRAISAL INFORMATION: Escrow Officer: Phone: Address: Email: Escrow No.: Wire Instructions Y/N: Fair Market Value: $ Appraisal Report Date: Appraisal Valid Until: Sales Agent Name: Phone: Email: Cellular: Comments:</p><p>6. PURCHASE CONTRACT INFORMATION: Contract Ratification Date: Close of Escrow Date: </p><p>Comments: </p><p>I certify that I have verified all information contained in this application and meets MOH lender guidelines. I confirm that all applicants are eligible for the BMR program. I acknowledge that any inaccurate or incomplete information may delay the review and processing of this file or result to disapproval. Participating loan officer or broker signature: </p><p>1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501</p>