Data Input for DU Refi Plus - Agency and Agency Plus Loan

Data Input for DU Refi Plus - Agency and Agency Plus Loan

DATA INPUT FOR FULLY AMORTIZING
DU REFI PLUS™ - AGENCY AND AGENCY PLUS TRANSACTIONS
STM to STM Transactions:
DO Users
Data Input Instructions – STM to STM Transactions
Submit Loan: Select a Lender and Product Screen:
• Select a SunTrust Lender Institution from the Lender Selection drop down list.
• Select a “DU” product from the Lender Product Selection drop down list:
• DURefiPlus STM - Agcy30YR
• DURefiPlus STM - Agcy20YR
• DURefiPlus STM - Agcy15YR
• DURefiPlus STM - Agcy10YR
• DURefiPlusSTM-Agcy5-1(2-2-5)
• DURefiPlusSTM-Agcy5-1(5-2-5)
• DURefiPlus STM - Agcy7-1
• DURefiPlus STM - Agcy10-1
• DURP-Agency 30YR Fixed EA
• DURP-Agency 20YR Fixed EA
• DURP-Agency 15YR Fixed EA
• DURP-Agency 10YR Fixed EA
• DURP-Agency 5-1ARM (2-2-5cap) EA
• DURP-Agency 5-1ARM (5-2-5cap) EA
• DURP-Agency 7-1ARM EA
• DURP-Agency 10-1ARM EA
• DURefiPlus STM - AgcyPlus30YR
• DURefiPlus STM - AgcyPlus20YR
• DURefiPlus STM - AgcyPlus15YR
• DURefiPlus STM - AgcyPlus10YR
• DURefPlusSTM-AgPlus5-1(2-2-5)
• DURefPlusSTM-AgPlus5-1(5-2-5)
• DURefiPlus STM - AgcyPlus7-1
• DURefiPlus STM - AgcyPlus10-1
• DURP-Agency Plus 30YR Fixed EA
• DURP-Agency Plus 20YR Fixed EA
• DURP-Agency Plus 15YR Fixed EA
• DURP-Agency Plus 10YR Fixed EA
• DURP-Agency Plus 5-1 (2-2-5) EA
• DURP-Agency Plus 5-1 (5-2-5) EA
• DURP-Agency Plus 7-1ARM EA
• DURP-Agency Plus 10-1ARM EA
• The “Product Code” field on the “Additional Data” screen in DO/DU will automatically fill with the applicable
product code.
Data Input for DU Refi Plus - Agency and Agency Plus Loan Transactions (07/26/13)
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STM to STM Transactions (continued):
DU Direct Users
Additional Data Screen:
• Edit the “Full 1003”:
• Complete the “Product Code” field with the applicable MLCS Program Code.
• C10RP: DU Refi Plus – Agency 10 Year Fixed, Fully Amortizing
• C15RP: DU Refi Plus – Agency 15 Year Fixed, Fully Amortizing
• C20RP: DU Refi Plus – Agency 20 Year Fixed, Fully Amortizing
• C30RP: DU Refi Plus – Agency 30 Year Fixed, Fully Amortizing
• A51RP: DU Refi Plus – Agency 5/1 ARM, Fully Amortizing (2/2/5 caps)
• 51RP: DU Refi Plus – Agency 5/1 ARM, Fully Amortizing (5/2/5 caps)
• 71RP: DU Refi Plus – Agency 7/1 ARM, Fully Amortizing
• 10RP: DU Refi Plus – Agency 10/1 ARM, Fully Amortizing
• C10RPE: DU Refi Plus – Agency 10 Year Fixed, Fully Amortizing, Expanded Approval
• C15RPE: DU Refi Plus – Agency 15 Year Fixed, Fully Amortizing, Expanded Approval
• C20RPE: DU Refi Plus – Agency 20 Year Fixed, Fully Amortizing, Expanded Approval
• C30RPE: DU Refi Plus – Agency 30 Year Fixed, Fully Amortizing, Expanded Approval
• A51RPE: DU Refi Plus – Agency 5/1 ARM, Fully Amortizing, 2/2/5 caps, Expanded Approval
• 51RPE: DU Refi Plus – Agency 5/1 ARM, Fully Amortizing, 5/2/5 caps, Expanded Approval
• 71RPE: DU Refi Plus – Agency 7/1 ARM, Fully Amortizing, Expanded Approval
• 10RPE: DU Refi Plus – Agency 10/1 ARM, Fully Amortizing, Expanded Approval
• C10HRP: DU Refi Plus - Agency Plus 10 Year Fixed Rate
• C15HRP: DU Refi Plus - Agency Plus 15 Year Fixed Rate
• C20HRP: DU Refi Plus - Agency Plus 20 Year Fixed Rate
• C30HRP: DU Refi Plus - Agency Plus 30 Year Fixed Rate
• A51HRP: DU Refi Plus - Agency Plus 30 Year 5/1 LIBOR ARM (2/2/5 caps)
• 51HRP: DU Refi Plus - Agency Plus 30 Year 5/1 LIBOR ARM (5/2/5 caps)
• 71HRP: DU Refi Plus - Agency Plus 30 Year 7/1 LIBOR ARM
• 10HRP: DU Refi Plus - Agency Plus 30 Year 10/1 LIBOR ARM
• C10HRE: DU Refi Plus – Agency Plus 10 Year Fixed Rate, Fully Amortizing, Expanded Approval
• C15HRE: DU Refi Plus – Agency Plus 15 Year Fixed Rate, Fully Amortizing, Expanded Approval
• C20HRE: DU Refi Plus – Agency Plus 20 Year Fixed Rate, Fully Amortizing, Expanded Approval
• C30HRE: DU Refi Plus – Agency Plus 30 Year Fixed Rate, Fully Amortizing, Expanded Approval
• A51HRE: DU Refi Plus – Agency Plus 5/1 ARM, Fully Amortizing, 2/2/5 caps, Expanded Approval
• 51HRPE: DU Refi Plus – Agency Plus 5/1 ARM, Fully Amortizing, 5/2/5 caps, Expanded Approval
• 71HRPE: DU Refi Plus – Agency Plus 7/1 ARM, Fully Amortizing, Expanded Approval
• 10HRPE: DU Refi Plus – Agency Plus 10/1 ARM, Fully Amortizing, Expanded Approval
• Complete the applicable Adjustable Rate Mortgage fields as follows:
• ARM Plan:
• for 5/1 ARM with 2/2/5 caps: enter “FM GENERIC, 5 YR”
• for 5/1 ARM with 5/2/5 caps: enter “3252”
• for 7/1 ARM: enter “FM GENERIC, 7 YR” and
• for 10/1 ARM: enter “FM GENERIC, 10 YR.”
• ARM Index Value: from rate sheet,
• ARM Index Margin: enter “2.25,” and
• ARM Qualifying Rate: leave ‘blank.’
Data Input for DU Refi Plus - Agency and Agency Plus Loan Transactions (07/26/13)
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Non-STM to STM Transactions:
DO Users
DU Direct Users
Data Input Instructions – Non-STM to STM Transactions
Submit Loan: Select a Lender and Product Screen:
• Select a SunTrust Lender Institution from the Lender Selection drop down list.
• Select a “DU” product from the Lender Product Selection drop down list:
• DURefiPlus NonSTM - Agcy30YR
• DURefiPlus NonSTM - Agcy20YR
• DURefiPlus NonSTM - Agcy15YR
• DURefiPlus NonSTM - Agcy10YR
• DURefiPlusNonSTM-Agcy5-1(2-2-5)
• DURefiPlusNonSTM-Agcy5-1(5-2-5)
• DURefiPlus NonSTM - Agcy7-1
• DURefiPlus NonSTM - Agcy10-1
• DURefiPlusNonSTM - AgcyPlus30YR
• DURefiPlusNonSTM - AgcyPlus20YR
• DURefiPlusNonSTM - AgcyPlus15YR
• DURefiPlusNonSTM - AgcyPlus10YR
• DURefPlusNonSTM-AgPlus5-1(2-2-5)
• DURefPlusNonSTM-AgPlus5-1(5-2-5)
• DURefiPlusNonSTM - AgcyPlus7-1
• DURefiPlusNonSTM - AgcyPlus10-1
• The “Product Code” field on the “Additional Data” screen in DO/DU will automatically fill with the
applicable product code.
Additional Data Screen:
• Edit the “Full 1003”:
• Complete the “Product Code” field with the applicable MLCS Program Code.
• C10NRP: DU Refi Plus – Non-STM - Agency 10 Year Fixed, Fully Amortizing
• C15NRP: DU Refi Plus – Non-STM - Agency 15 Year Fixed, Fully Amortizing
• C20NRP: DU Refi Plus – Non-STM– Agency 20 Year Fixed, Fully Amortizing
• C30NRP: DU Refi Plus – Non-STM - Agency 30 Year Fixed, Fully Amortizing
• A51NRP: DU Refi Plus –Non-STM - Agency 5/1 ARM, Fully Amortizing (2/2/5 caps)
• 51NRP: DU Refi Plus –Non-STM - Agency 5/1 ARM, Fully Amortizing (5/2/5 caps)
• 71NRP: DU Refi Plus – Non-STM - Agency 7/1 ARM, Fully Amortizing
• 10NRP: DU Refi Plus – Non-STM - Agency 10/1 ARM, Fully Amortizing
• C10NHR: DU Refi Plus - Non-STM-Agency Plus 10 Year Fixed Rate
• C15NHR: DU Refi Plus - Non-STM - Agency Plus 15 Year Fixed Rate
• C20NHR: DU Refi Plus - Non-STM - Agency Plus 20 Year Fixed Rate
• C30NHR: DU Refi Plus - Non-STM - Agency Plus 30 Year Fixed Rate
• A5NHRP: DU Refi Plus - Non-STM - Agency Plus 30 Year 5/1 LIBOR ARM (2/2/5 caps)
• 51NHRP: DU Refi Plus - Non-STM - Agency Plus 30 Year 5/1 LIBOR ARM (5/2/5 caps)
• 71NHRP: DU Refi Plus - Non-STM - Agency Plus 30 Year 7/1 LIBOR ARM
• 10NHRP: DU Refi Plus - Non-STM - Agency Plus 30 Year 10/1 LIBOR ARM
• Complete the applicable Adjustable Rate Mortgage fields as follows:
• ARM Plan:
• for 5/1 ARM with 2/2/5 caps: enter “FM GENERIC, 5 YR”
• for 5/1 ARM with 5/2/5 caps: enter “3252”
• for 7/1 ARM: enter “FM GENERIC, 7 YR” and
• for 10/1 ARM: enter “FM GENERIC, 10 YR.”
• ARM Index Value: from rate sheet,
• ARM Index Margin: enter “2.25,” and
• ARM Qualifying Rate: leave ‘blank.’
Data Input for DU Refi Plus - Agency and Agency Plus Loan Transactions (07/26/13)
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