Olivia Ochoa
underwriting LN-4471881 Seminole St, Detroit, MI 48214 · Purchase · Conventional · 30-year fixed
Conditions
July statement for Chase ****1234 is missing page 3 of 5. Provide the complete statement.
Requested from borrower — Message sent naming Bank statement, why it's needed, and a one-tap upload link. AMY follows up on a schedule until it lands.
Provide documentation for the $18,400 deposit posted 07/12 to Chase ****1234, including the donor's ability to give and evidence of transfer.
Resolving — The signed gift letter from Rosa Ochoa for exactly $18,400 matches the deposit to the dollar — AMY attached it and sent it to underwriting immediately. Confidence is 88%, short of the 94% bar to mark the condition fully cleared, because the donor's transfer evidence is not yet on file; AMY requested it from the borrower in the same pass and will close the condition the moment it lands.
Provide the hazard insurance binder listing the lender as mortgagee, with coverage at least equal to the loan amount.
Requested from borrower — Message sent naming Homeowner's insurance binder / policy, why it's needed, and a one-tap upload link. AMY follows up on a schedule until it lands.
Pay stub (period ending 2026-06-30) expired 8 days ago. Pay stub (period ending 2026-07-15) expires 2026-08-14 — before the expected note date. Re-request now. Pay stub: have 1 of 2 required periods.
Requested from borrower — Message sent naming Pay stub or W-2 or Written verification of employment, why it's needed, and a one-tap upload link. AMY follows up on a schedule until it lands.
Bank statement: missing page 3 of 5.
Requested from borrower — Message sent naming Bank statement or Brokerage / investment statement or Verification of assets (direct), why it's needed, and a one-tap upload link. AMY follows up on a schedule until it lands.
Verbal VOE must be completed within 10 business days of the note date for salaried borrowers.
Working — Gathering what this condition needs.
Title commitment has not been received.
Ordered — Title commitment or Preliminary title report placed with the vendor and tracked to delivery. AMY chases the vendor, not the processor.
Hazard insurance binder with the lender listed as mortgagee has not been received. Coverage must be at least the loan amount or full replacement cost.
Requested from borrower — Message sent naming Homeowner's insurance binder / policy, why it's needed, and a one-tap upload link. AMY follows up on a schedule until it lands.
Complete a verbal verification of employment within 10 business days of the note date.
Working — Gathering what this condition needs.
Borrower must receive the CD by 2026-08-22 to close 2026-08-26. If mailed rather than e-signed, it has to go out by 2026-08-19 — the mailbox rule presumes receipt 3 business days after sending.
12 CFR 1026.19(f)(1)(ii)Lock expires 2026-08-24, before the 2026-08-26 closing. Extend now — an extension bought today is cheaper than one bought the day before closing.
Purchase contract calls for close of escrow on 2026-08-28. Past this date the buyer is in breach absent an extension addendum.
Appraisal is valid through 2026-11-26. A recertification of value extends it; a new appraisal does not have to be ordered.
Sent 2026-07-08, within the 3-business-day window from the 2026-07-06 application.
12 CFR 1026.19(e)(1)(iii)Assets & reserves
| Account | Type | Stated | Qualifying | Why |
|---|---|---|---|---|
| Chase ****1234 | CheckingAccount | $41,280 | $41,280 | doc-bs2 |
| Fidelity ****7729 | Stock | $63,450 | $44,415 | $63,450 × 0.70 (securities haircut) |
| Comerica ****8891 | CheckingAccount | $28,740 | $0 | excluded — business operating account |
| Rosa Ochoa (mother) | GiftOfCash | $18,400 | $18,400 | doc-gift |
Reserves
Reserves clear at 2.3 months.
What AMY found
- Statement balances, but page 3 of 5 is missing. Underwriting will ask for the complete document.
- 1 deposit matched to documentation already on file — ready for a human to confirm.
Form 1003 · Uniform Residential Loan Application
- 6.0.signature Signature — Awaiting borrower e-signature.
- 6.0.date Date signed — Awaiting borrower e-signature.
1a · Personal Information
1b · Current and Previous Employment / Self-Employment and Income
1e · Income from Other Sources
None reported.
2a · Assets — Bank Accounts, Retirement, and Other Accounts You Have
2b · Other Assets and Credits You Have
2c · Liabilities — Credit Cards, Other Debts, and Leases
3a · Property You Own
No additional real estate owned.
4a · Loan and Property Information
4b · Other New Mortgage Loans on the Property
None.
4c · Rental Income on the Property You Are Buying or Refinancing
Not applicable — subject property is not an investment property.
4d · Gifts or Grants You Have Been Given or Will Receive for This Loan
5.0 · Borrower — Olivia Ochoa
Sections 6–9 (acknowledgments, military service, demographics, originator) are generated the same way. Section 6 is never machine-filled — AMY prepares the application, the borrower signs it.
Underwriting
Provide documentation for the $18,400 deposit posted 07/12 to Chase ****1234, including the donor's ability to give and evidence of transfer.
FNMA B3-4.3-04Attaching documentation for "Source of $18,400 deposit": • Gift letter — gift_letter_signed.pdf (1 pp.) All pages are included and each document is within its validity window as of today.
Response time on this thread
Split by who was holding the ball, so “underwriting is slow” is a number rather than an argument.
AUS
DU · Approve/Eligible
Casefile 1729-4471-DU · submitted 2026-07-30
Asset documentation: 1 month of statements in lieu of 2Submission package
- Pay stub (paystub_2026-06-30.pdf) expires 2026-07-30, before the 2026-08-26 note date.
- Pay stub (paystub_2026-07-15.pdf) expires 2026-08-14, before the 2026-08-26 note date.
| # | Document | File | Pages | Freshness | Satisfies |
|---|---|---|---|---|---|
| 1 | DU findings | DU_findings_20260730.pdf | 9 | 112d | — |
| 2 | Tri-merge credit report | trimerge_20260722.pdf | 22 | 104d | — |
| 3 | Pay stub | paystub_2026-06-30.pdf | 1 | expired | — |
| 4 | Pay stub | paystub_2026-07-15.pdf | 1 | 7d | — |
| 5 | W-2 | W2_2024 (2).pdf | 1 | no expiry | — |
| 6 | W-2 | W2_2025.pdf | 1 | no expiry | — |
| 7 | Bank statement | chase_1234_july.pdf | 5 | 53d | — |
| 8 | Bank statement | chase_1234_june.pdf | 5 | 22d | — |
| 9 | Bank statement | comerica_business_8891.pdf | 4 | 53d | — |
| 10 | Brokerage / investment statement | IMG_4471.HEIC | 3 | 53d | — |
| 11 | Gift letter | gift_letter_signed.pdf | 1 | no expiry | Source of $18,400 deposit, Gift letter and donor evidence |
| 12 | Purchase agreement | purchase_agreement_executed.pdf | 14 | no expiry | — |
| 13 | Appraisal report | appraisal_1004_final.pdf | 41 | 111d | — |
| 14 | IRS Form 4506-C | 4506C_signed.pdf | 1 | no expiry | — |
| 15 | Driver's license / photo ID | license_front.jpg | 1 | no expiry | — |
Manifest
2 cleared · 9 open · 0 pre-flight rules passed. Open items are stated up front, because an underwriter who discovers them re-reviews the whole file.