Underwriting Title Review Checklist

Modified on Wed, 30 Jun, 2021 at 12:51 PM

Date:	Click or tap here to enter text.
Borrower:	Click or tap here to enter text.
Loan Number:	Click or tap here to enter text.
Property Address:	Click or tap here to enter text.

Title Commitment
Yes ☐	No ☐	The insured loan amount matches the final mortgage amount or both first and second mortgage amounts when closed simultaneously.
Yes ☐	No ☐	The legal description matches the subject property address, as it appears on the appraisal.
Yes ☐	No ☐	Vesting information should match 1003.
Yes ☐	No ☐	Schedule B shows no outstanding public records, judgments, liens or encroachments.
Yes ☐	No ☐	The mortgagee clause reflects Nationwide Mortgage Bankers, Inc., ISAOA.
Yes ☐	No ☐	The date the title commitment was issued is within 90 days from the scheduled closing date or GAP Coverage is obtained.
Yes ☐	No ☐	All mortgages of record on the title commitment are reflected on the credit report.
Yes ☐	No ☐	A tax certification is supplied with all property tax information including amounts, due dates and date last paid. Note: Any delinquent taxes must be paid in full prior to or at closing.

If the answer is NO to any of the above, the underwriter must condition for the required information to be addressed.

Comments and/or Exceptions: Click or tap here to enter text.

Chain of Title
Yes ☐	No ☐	Appraisal sales history for subject property must match chain of title without any variances.
Yes ☐	No ☐	Preliminary title commitment must cover at least 12 months chain of title without any variances.
Yes ☐	No ☐	The seller listed on the appraisal, preliminary title commitment and sale contract are identical.

If the answer is NO to any of the above, the underwriter must condition for the required information to be addressed.

Comments and/or Exceptions: Click or tap here to enter text.

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