Binder Submission for LI Lenders
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LI lenders are not required to submit case binders to the HOC except under the following circumstances: | |||
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The case can not be endorsed due to a severe case warning. | ||
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The case was selected for post-endorsement technical review (PETR) or appraiser review. | ||
Note: The first five cases endorsed by a lender that is new to the LI program are automatically selected for PETR. | |||
See Submitting Case Binders. | |||