Loan Prospector Feedback Messages

Eligible Delivery Fee Information Messages

The following table lists feedback messages that relate to eligible delivery fee information based on its assessment of the loan data you submit and the specific attributes of your loan. The delivery fee information provided by Loan Prospector will not include specific postsettlement delivery fees. Refer to Exhibit 19 for pricing information.  These messages appear on the Feedback Certificate in the Loan Processing Reports section, Delivery Fee Information Messages subsection.

Updated: November 2011  

 

Code Delivery Fee Information Messages
HG This Caution loan is subject to a CS/LTV delivery fee, and is classified as a Level ~DeliveryFeeL~.
HK This loan is for a 3-4-unit property and is subject to a Number of Units fee.
HL If this loan is delivered with 12% Custom MI, it is subject to a fee.
HM If this loan is delivered with 18% Custom MI, it is subject to a fee.
HQ Based upon information submitted, no delivery fees identified.  Delivery fees may actually be applicable based upon (a) additional information about the Mortgage or the borrowers; (b) correction of erroneous information submitted about the Mortgage or the borrowers; (c) Master Commitment terms; or (d) Purchase Document terms.
HR Check your rate sheet for pricing information.  Delivery fees listed are identified based upon the information submitted.  Some of the delivery fees may not be applicable, or other delivery fees may apply due to (a) additional information about the Mortgage or the borrowers; (b) correction of erroneous information submitted about the Mortgage or the borrowers; (c) Master Commitment terms; or (d) Purchase Document terms.
HS This loan is for a California Condominium and may be subject to a fee.
HT -----------------Delivery Fees Information-----------------
MB This loan is subject to an investment property (non-owner occupied) mortgage fee.
MC This loan is subject to a balloon/reset mortgage fee.
MD This loan is subject to an adjustable rate mortgage (ARM) fee.
ME This loan is subject to a cash-out refinance fee.
MF This loan is for a 2-unit property and is subject to a Number of Units fee.
MG This secondary financing structure is subject to a fee.
MI This Alt 97 loan requires 35% MI coverage and is subject to a fee.
MJ This Caution loan is eligible for sale as an A-minus mortgage and is subject to a CS/LTV delivery fee, and is classified as a Level ~DeliveryFeeL~.