Borrower/s: Date: Completed Loan Builder Calculations - This comes from the Initial Scenario Request submitted to FGMC. Max Base Loan Amount on LoanBuilder should match Max Base Loan amount on 1003. Lot / Land Acquisition - If Building on own land, a current payoff will be needed if there is an existing lien. If land is to be purchased, a Purchase Agreement for the land must be included. Purchase Agreement / Contract for Home and Improvements - Purchase Agreement should reflect LoanBuilderCalculations. Modular Construction Cost Breakdown - This will be provided by the Construction Resource Team and will be based on the LoanBuilder calculations Specific Pages from the Blueprints/Plans (listed below) with Dated Builder and Borrower Signatures on each page (if VA, refer to VA Handbook 10.10 Construction Exhibits for Preparation) a. Floor Plan/s b. Foundation Plan c. Elevation Pages showing the Front, Rear, and Sides of the Home Builder's Certification - FHA uses HUD-92541. For Modular homes mark items 2,3,4,5,6,7 The following documents are Required for Project Underwrite. Failure to include these documents will result in the file being suspended until they are received. In addition to the Documents listed above, the following documents will be needed to order the appraisal, and should accompany the initial submission if possible. Builder Acceptance Completed by FGMC Homeowner's Insurance Quote: Builder's Risk or Under Construction endorsement recommended. If Homeowner will provide Builder's Risk (CONV and FHA only ), an Under Construction Endorsement or Homeowners Conversion Policy must be in place. Manufacturer's Invoice for Home - Should reflect serial numbers and Payoff Statement (when available) The Following Documents are Not Required for Project Underwrite, but must be submitted in a timely fashion in order to receive Clear to Close. CTC will not be issued without these documents FGMC | Construction Underwriting Submission Checklist Modular | v1114 | Page 1 Construction Underwriting Submission Checklist Modular