Correspondent Seller Guide for A&D Mortgage

This document is a guide for correspondent sellers working with A&D Mortgage. It outlines the necessary contact information, application processing requirements, and seller responsibilities. The guide details the process workflow for locking loans, including rate locks, lock extensions, and relock procedures. It also specifies the pre-close and post-close review requirements, including the delivery of collateral documents and final audits. Additionally, the guide covers servicing transfer instructions, compliance requirements, and the importance of maintaining eligibility and good standing with A&D Mortgage. Sellers are required to provide written notice of significant organizational changes and must participate actively in the products and programs described. The document emphasizes the need for annual recertification and the submission of updated financial statements and other documentation to ensure continued compliance with A&D Mortgage's standards.