Introduction to Non-Delegated Loans
Step 1: Registering Your Loan
Step 2: Submitting Your Loan
Step 3: Requesting Underwriting Condition Review
Step 4: Ordering Docs or Submitting for Purchase Review
Step 5: Requesting Suspense Condition Review
Key Tasks: Uploading Docs, Resolving Tasks
Uploading Underwriting Conditions
Once the initial decision has been rendered, the Processor will receive an email with the loan approval or loan suspense certificate, listing all the outstanding conditions. Submitting all the conditions at once will expedite underwriting review.
Upload your conditions under the Non-Delegated Correspondent Upload folder as Doc Type Underwriting Conditions. Do not email any conditions - due to the sensitivity of this information, we do not accept any conditions through email.
To learn how to upload, please read Uploading your Loan Docs.
Requesting Condition Review
When all conditions have been uploaded, there are two options for requesting condition review, so choose either Option A or Option B listed below.
Note: We are not automatically notified when these documents are uploaded.
Option A: Submit to Condition Review Button
Click on the Submit to Condition Review button on the Conditions tab and confirm your condition review request.
Option B: Resolve Condition Review Task
You can also request condition review by resolving the task, Submit: Underwriting Conditions Ready for Review on the Tasks tab.
To learn how to resolve task, please read Resolving Tasks.
Uploading Appraisal and UCDP
Before closing, upload a color copy of the appraisal and UCDP under the Non-Delegated Correspondent Upload folder as Doc Type, Color Appraisal & UCDP.
JMAC does not issue appraisal credentials since Non-Delegated Correspondent appraisals must be under the lender name. We also do not accept appraisal transfers.
Request for condition review by one of the two options listed above.
The loan status will change to Condition Review. Your underwriter will review the uploaded conditions within the current turn times. Once completed, an updated loan approval or loan suspense certificate will be emailed and your loan status will revert to Approved or Loan Suspended if any PTD conditions remain. Repeat the above step if any additional condition review is required.
Your loan will be Clear to Close once all PTD conditions have been met.
You will have the option of requesting for JMAC to draw your docs or drawing your own docs, detailed in Step 4: Ordering Docs or Submitting for Purchase Review.