$167,300 would be 167 and $15,500 would be 16. Pre-approval Code Always 3 if there is no Can be a high error field when approval program. beginning a pre-approval program Action Taken Type 1 Loan originated 1. Have copy of the note in file 2. Application approved, not 2. Documentation should be clear. accepted. 3. Copy of adverse action notice 3. Application denied 4. Document date of withdrawal, only 4. Application withdrawn by use if it was prior to the credit decision applicant 5. Copy of adverse action notice 5 File closed for incompleteness 6. Copy of purchase info in file. 6. Loan purchased by financial 7. Documentation should be clear and institution copy of letter. 7 Preapproval request denied 8. Documentation should be clear and 8. Preapproval request approved support the preapproval program by not accepted (optional) guidelines. Action Taken Date Date of loan if originated, Copy of note, highlight date; copy of denial date, withdrawal date, denial; file documentation of date that customer declined loan withdrawal notice or note to file that approval customer did not accept approval. MSA/MD FFIEC website Make sure you have geo-coded the correct property and used the CORRECT geo-code year.; use don’t’ appraisal or flood determination information unless verified to FFIEC State “ “ County (Parish) “ “ Census Tract ” “ Ethnicity Request for in-person If the borrower is not a natural person (Applicant) applications (must make visual (corporation or partnership) use the observation or surname if the code for The FDIC “not applicable”. applicant declines to provide it) requires monitoring info for a sole Read during phone applications; proprietor. request for mailed applications Ethnicity If there is more than one co-applicant, “ (Co-Applicant) provide monitoring info for the first listed. Race (Applicant) Applicants can select more than one race, enter all codes they designate Race If there is more than one co-applicant, (Co-Applicant) provide monitoring info for the first listed. Sex (Applicant) If the borrower is not a natural person (corporation or partnership) use the code for The FDIC “not applicable”
$167,300 would be 167 and $15,500 would be 16. Pre-approval Code Always 3 if there is no program. Can be a high error field when beginning a pre-approval program Action Taken Type 1 Loan originated 2. Application approved, not accepted. 3. Application denied 4. Application withdrawn by applicant 5 File closed for incompleteness 6. Loan purchased by financial institution 7 Preapproval request denied 8. Preapproval request approved by not accepted (optional) 1. Have copy of the note in file 2. Documentation should be clear. 3. Copy of adverse action notice 4. Document date of withdrawal, only use if it was prior to the credit decision 5. Copy of adverse action notice 6. Copy of purchase info in file. 7. Documentation should be clear and copy of letter. 8. Documentation should be clear and support the preapproval program guidelines. Action Taken Date Date of loan if originated, denial date, withdrawal date, date that customer declined loan approval Copy of note, highlight date; copy of denial; file documentation of withdrawal notice or note to file that customer did not accept approval. MSA/MD FFIEC website Make sure you have geo-coded the correct property and used the CORRECT geo-code year.; don’t’ use appraisal or flood determination information unless verified to FFIEC State “ “ County (Parish) “ “ Census Tract ” “ Ethnicity (Applicant) Request for in-person applications (must make visual observation or surname if the applicant declines to provide it) Read during phone applications; request for mailed applications If the borrower is not a natural person (corporation or partnership) use the code for “not applicable”. The FDIC requires monitoring info for a sole proprietor. Ethnicity (Co-Applicant) “ If there is more than one co-applicant, provide monitoring info for the first listed. Race (Applicant) Applicants can select more than one race, enter all codes they designate Race (Co-Applicant) If there is more than one co-applicant, provide monitoring info for the first listed. Sex (Applicant) If the borrower is not a natural person (corporation or partnership) use the code for “not applicable” The FDIC approval
HMDAHO1ML121615.docx