Submitting an FHA Loan

Ready to submit an FHA loan to EquiFirst? We're here to help. Follow the step-by-step instructions below to submit your FHA loans. If you have any trouble, contact us and we'll help you through the process.

Step One: Become FHA Approved with Equifirst

If you haven't already, fill out an FHA Addendum to EquiFirst's broker application and fax it to EquiFirst (new brokers please complete a full broker application). Once the addendum has been officially approved, follow steps two through six to submit an FHA loan.

Step Two: Prequalify your loan

EquiFirst requires that all loans be prequalified. To prequal your loan, email or fax the following documents to your account executive.

  • 1003/1008
  • Credit Report
  • AUS Findings Report

Once they receive the documents, your account executive will review them and call you with any questions.

Step Three: Register your loan in iQuick

Loans must be registered in iQuick, EquiFirst's online pricing engine, before a full package can be submitted. Your account executive can help you with this process.

Step Four: Prepare the full package

Complete the FHA Submission Form to ensure all of the necessary items are included in your full package submission.

Step Five: Submit the full package

Send your full package to EquiFirst (case number must be assigned to EquiFirst in FHA Connection). Full packages may be submitted via fax or email. Please contact your account executive to determine the correct fax or email address to use.

Step Six: Lock your loan

Once a loan is registered with EquiFirst and has a loan number, rates can be locked. For pricing information, please refer to our rates sheets. To lock your loan, complete the following steps:

  • Access your pipeline on the portal. If you do not know how to access the portal, contact your account executive.
  • Click to open the loan you wish to lock
  • Click the “FHA Lock Request” button at the top of the page
  • Fill out all necessary information on the lock request form
  • Click the “Submit Lock Request” button

A rate lock confirmation will be sent to you via email. Until a rate is locked it is subject to change.

Additional Information

EquiFirst HUD ID: 11254-0000-3

Mortgagee Clause: 

Title: EquiFirst Corp ISAOA ATIMA
500 Forest Point Circle
Charlotte, NC 28273

HOI & Flood: HomEq Servicing, Its Affiliates, Successors, and Assigns
PO Box 57621
Jacksonville, FL 32241-7621

For more information about our FHA programs and services, please contact your account executive. If you do not have an account executive, call our Broker Response Center at 866.804.0972 weekdays between 8 a.m. and 8 p.m. Eastern Time to speak with a trained account executive and have your questions answered on the spot. You can also let us call you right now or chat online.

Rates
Get up-to-the-minute mortgage rates. See today's rates.

 

2008 Outlook
In this fourth quarter letter to brokers, EquiFirst CEO Jeff Tennyson talks about EquiFirst and the state of the mortgage industry. Read his letter.

 

Pricing Engine
Try out iQuick, EquiFirst's 24-hour pricing and credit check engine. Go to iQuick.

 

Loan Servicing
Have your questions answered on the spot by a trained account executive weekdays between 8 a.m. and 8 p.m. Eastern Time. Let us call you right now or chat online.