Loan Documentation & Manual

• Mortgages: An MMP loan often includes two mortgages:
  • First Mortgage: Your main home loan.
  • Second Mortgage: The Down Payment Assistance loan.
• Documents: This term includes all affidavits, certificates, worksheets, attachments and notices.
• Checklists: These are separate from "documents" and outline the required paperwork for each loan.

Lender Online is a secure system that helps Lenders manage MMP loan applications. Lenders use it to:

• Register loans and lock in interest rates
• Track loan status from reservation to closing
• Create forms with pre-filled information
• Generate reports to manage your loan pipeline and check for missing documents
• Get program updates

Important: To ensure you are using the most up-to-date forms, get all your MMP and DPA loan documentation directly from the portal. Submit all loan packages electronically through the eDocs feature. 

• If you are a registered user, you can access the portal.
• To get initial access or reset your password, contact your Admin Contact.
• For help or questions, email the Maryland Mortgage Program (MMP) at [email protected].

U.S. Bank is the Master Servicer for the Maryland Mortgage Program. They purchase the loans you originate. 

• MMP reviews the loan documentation for program compliance.
• U.S. Bank ensures the loan meets standard industry underwriting criteria and purchases the loans. 

For resources, visit the U.S. Bank website where you will find manuals, checklists, bulletins, documentation, and other information for the loan process. You can view the U.S. Bank Training Presentation - PDF for additional guidance.

You must use this form if you need to make changes after submitting the loan package:

• [Attachment R] Request for Change to Reservation of Funds Form - PDF - 433.86 KB

This phase focuses on compliance with MMP program requirements. 

1. Submission: Use the applicable Pre-Closing Compliance Checklist to submit the loan package through Lender Online eDocs. You will upload the MMP first mortgage and DPA second mortgage as separate packages, but during the same session.
2. Review and Response: MMP reviews the package and responds in Lender Online, usually within 48 hours. The response explains any missing documents or needed changes.
3. Making Changes: After you submit the loan package, the only way to make changes is by submitting the Request for Change to Reservation of Funds Form (Attachment R).
4. Completion: Submit all required or corrected documentation via eDocs.
5. Status: Check Lender Online for the pre-closing approval status.

Pre-closing checklist

These checklists show the order to stack the 1st mortgage pre-closing compliance documents you submit through Lender Online eDocs.

Documents that are always required

Choose the documentation package corresponding to the loan type. Some loan products require additional documents. Always refer to the appropriate checklist above.

Documents that are sometimes required

Use this table to quickly check if a document is necessary based on the borrower's situation.

Click through the sections below to view lists of documents and descriptions.

Pre-closing checklists

This checklist shows the order to stack the 2nd mortgage pre-closing compliance documents you submit through Lender Online eDocs.

• [Attachment DD] DPA Pre-Closing Compliance Checklist - PDF - 167.59 KB

Documents that are always required

This form confirms that the borrower(s) has financed certain settlement costs using DHCD’s MMP funds. The document refers to DPA as the “Downpayment and Settlement Expense Loan Program” (DSELP).

• DPA Borrower's Application and Affidavit - PDF - 104.07 KB

Documents that are sometimes required

Use this table to quickly check if a document is necessary based on the borrower's situation.
 

Both the Lender and MMP provide closing documents. 

• Lender documents include the first mortgage Note, Deed of Trust, and related items.
• Some MMP documents become available through Lender Online only after pre-closing compliance approval. These include:
  • Maryland HomeCredit Certificate
  • Down Payment Assistance Award Letter
  • Closing Instructions
  • Down Payment Assistance Commitment Letter
  • Grant Agreement

Documents that are always required

These are all the required documents for closing.
 

Final compliance review by MMP and a credit review by U.S. Bank before the loan is purchased.

1. Submission: Submit the MMP post-closing documents as PDF files through Lender Online. You will upload the MMP and DPA as separate packages, but during the same session. Prior to submission for U.S. Bank Purchase Review, you must register the loan with U.S. Bank via the U.S. Bank Lender Portal. The post-closing credit and purchase package can then be submitted through Doc Manager.
2. MMP Review: MMP reviews the package and responds in Lender Online, usually within 48 hours. The response lists any missing documents or needed changes (conditions).
3. Submit Corrections: Lender submits corrected documentation via eDocs. The only way to make changes to existing information is by submitting the Request for Change to Reservation of Funds Form (Attachment R).
4. Status: Check Lender Online for the post-closing approval status.
5. U.S. Bank Review: U.S. Bank reviews the file in the Lender Portal and posts any conditions or required documentation to the Conditions tab. A key condition is the Post-Closing Compliance Approval Certificate from Lender Online. This certificate is sent automatically overnight to U.S. Bank once MMP approves it.
6. Submit Corrections to U.S. Bank:  Lender submits corrections through Doc Manager via the U.S. Bank Lender Portal.
7. Loan Purchase: After both MMP and U.S. Bank fully approve the loan, U.S. Bank will purchase the loan.
8. Reimbursement: After U.S. Bank buys the first mortgage, MMP automatically schedules reimbursement of regular DPA or grant funds within two weeks. (Some grant funds are reimbursed directly by U.S. Bank.)

These checklists show the order to stack the 1st mortgage post-closing compliance documents you submit through Lender Online eDocs.

This checklist shows the order to stack the 2nd mortgage post-closing compliance documents you submit through Lender Online eDocs.

• [Attachment FF] DPA Post-Closing Compliance Checklist - PDF - 323.14 KB