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Docs Quiz 3
Instructions:
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List out the 13 Loan Uses & their direct pay minimum requirement
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Which of the following is not an acceptable retirement asset source
A. 401a Plans
B. 409A Plans
C. 457 Plans
D. Thrift Savings Plan (TSP)
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What additional document is needed when SSN card says “Valid for Work Only With INS Authorization
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Bank statements must be dated within ___ to be accepted as proof. of income
A. 45 days
B. 40 days
C. 30 days
D. 60 days
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How will a Giact BA Customer Code = CA22 be resolved?
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How will a Giact BA Customer Code = CA21 be resolved?
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How will a Giact BA Account Code = RT04 be resolved?
Docs Quiz 3
(Answer Key)
Instructions:
-
List out the 13 Loan Uses & their direct pay minimum requirement
50% DP required for loans >$15,000 Credit Card Refinancing Debt Consolidation FreedomPlus & ConsolidationPlus Refinance. 0%, unable to DP Home Improvement Major Purchase Wedding Travel/Vacation Business Expenses Auto Purchase Medical Exp
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Which of the following is not an acceptable retirement asset source
A. 401a Plans
B. 409A Plans
C. 457 Plans
D. Thrift Savings Plan (TSP)
-
What additional document is needed when SSN card says “Valid for Work Only With INS Authorization
Permanent Resident Card / Certificate of Naturalization
-
Bank statements must be dated within ___ to be accepted as proof. of income
A. 45 days
B. 40 days
C. 30 days
D. 60 days
-
How will a Giact BA Customer Code = CA22 be resolved?
Evaluate if Giact input are causing error (SSN miskeyed? Mispelled customer name?)
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How will a Giact BA Customer Code = CA21 be resolved?
Evaluate if Giact input are causing error (Mispelled customer name? Did consumer provide a Business Bank Account? Co-Applicant's bank account?)
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How will a Giact BA Account Code = RT04 be resolved?
"Verify bank account manually. Confirm with customer / bank what type of account this is. If not a checking or savings account, reject and require a valid deposit account."