To help us deliver fast, reliable turn-times and close your Business Purpose loans in 30 days or less, ARDRI requires a set of Minimum Submission Requirements for the initial underwrite and disclosure process. These items ensure your file enters our workflow complete, accurate, and aligned with our published SLAs—so you and your borrowers experience a…

The Business Purpose Anti-Steering Letter is a compliance document that certifies a mortgage loan was originated for business or investment purposes, rather than consumer use. This letter helps ensure that borrowers were not improperly directed toward a specific loan product for the benefit of the lender or broker.

A streamlined one-page document designed to specify the use of cash proceeds for Business Purpose loans. 

Brokers without a Loan Origination System or those needing to originate Business Purpose loans outside of their current system can use this Business Purpose Loan Application form. 

A brief Condo Questionnaire, to be completed by the HOA representative, used to assess whether a condo is warrantable or non-warrantable. 

For Multi-Family (5+ Units) properties, the Pro Forma Operating Statement must be fully completed to ensure an accurate DSCR calculation. These properties typically incur additional expenses not present in 2-4 unit rental properties. 

A comprehensive checklist outlining the required documents Underwriting needs when the Borrower is an Entity or Trust. 

ARDRI’s formal exception request form must be fully completed for the credit committee to evaluate the request, document the decision, and record the Exception Approval, Counteroffer, or Denial. 

This form is required under Section 440 of Article 12-A of the New York Real Property Law for all mortgage transactions involving ARDRI in the state of New York. It serves as a legal attestation by the referring party or broker confirming that the referenced mortgage loan is not a consumer-purpose loan under Section §590…

ARDRI’s P&L doc type guidelines require completion of this packet in its entirely by the borrower’s tax preparer. Instructions for completion are found on this page. 

The document outlines state-specific eligibility rules for prepayment penalties on Business Purpose Loans, showing where prepayment penalties are allowed, restricted, or must be priced without them.

This document outlines the requirements, disclosures, and contractual terms for Third Party Originators (TPOs) seeking approval to submit Business Purpose loans to ARDRI. It details the TPO application process, required company documentation, broker responsibilities, compliance and fraud prevention standards, underwriting and closing roles, compensation structure, and ongoing representations and warranties.

This document outlines the application requirements, disclosures, and contractual framework for Third Party Originators (TPOs) seeking approval to submit both consumer and business purpose loans to ARDRI. It details required company information and documentation, broker duties and compliance obligations, fraud prevention standards, and AML/BSA requirements. 

ARDRI Hub is the Third-Party Originators Centralized Pricing & Eligibility, Loan Submission, Task Management and Collaboration Portal with Real-Time Updates Streamlining and Expediting your Closing Experience. 

The ARDRI Lock & Pricing Policy outlines the procedures and guidelines for locking loan interest rates and managing pricing for approved clients. ARDRI offers Best Effort rate locks only, and all locks must be processed through the ARDRIhub platform. 

A comprehensive checklist outlining the required documents Underwriting needs when the Borrower is an Entity or Trust. 

A step-by-step tutorial guide for borrowers on how to eSign their electronic Initial Disclosure package, designed to minimize confusion and ensure a smooth signing process. 

The Mortgage Loss Payee Clause is a provision in a property insurance policy that designates the lender (mortgagee) as the payee in the event of a loss. It provides security for the lender by guaranteeing that insurance proceeds will be used to repair or rebuild the property or to satisfy outstanding loan obligations in case…

A one-page document that informs borrowers of the various mortgage loan options available to them. 

This form allows borrowers or brokers to submit bank statements as part of the Non-QM loan application process. It ensures that ARDRI can verify income, assess financial stability, and determine eligibility for alternative financing solutions. 

A brief Condo Questionnaire, to be completed by the HOA representative, used to assess whether a condo is warrantable or non-warrantable. 

To support fast, compliant, and efficient processing, ARDRI requires specific Minimum Submission Requirements for all Consumer Purpose loans. These items ensure your file is complete for initial underwrite and disclosures, helping us meet our published SLAs and consistently close loans in 30 days or less.

ARDRI’s formal exception request form must be fully completed for the credit committee to evaluate the request, document the decision, and record the Exception Approval, Counteroffer, or Denial. 

The worksheet must be completed with respect to all residential mortgage loans secured by properties located in AR, NM, NC, SC, TX, VA, and WV. 

This document outlines the application requirements, disclosures, and contractual framework for Third Party Originators (TPOs) seeking approval to submit both consumer and business purpose loans to ARDRI. It details required company information and documentation, broker duties and compliance obligations, fraud prevention standards, and AML/BSA requirements. 

Authorization for the Social Security Administration (SSA) to release Social Security Number (SSN) verification to ARDRI. 

Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals). 

Request for Taxpayer Identification Number and Certification. 

Borrowers must complete and sign the ACH form before Underwriting can issue a Clear to Close when the Lock Pricing includes ACH Incentive pricing. If the form is not received by then, the Lock Pricing will need to be updated to remove the ACH Incentive. 

A one-page document that informs borrowers of the various mortgage loan options available to them. 

This job aid provides step-by-step guidance for TPO MLOs and Processors on how to manually order appraisals through ARDRI’s Mercury Network portal. It outlines how to log in or create credentials, complete the appraisal order form for both Consumer and Business Purpose loans, and properly select required options such as AMC assignment and appraisal form…

The ARDRI Lock & Pricing Policy outlines the procedures and guidelines for locking loan interest rates and managing pricing for approved clients. ARDRI offers Best Effort rate locks only, and all locks must be processed through the ARDRIhub platform. 

This form allows borrowers or brokers to submit bank statements as part of the Non-QM loan application process. It ensures that ARDRI can verify income, assess financial stability, and determine eligibility for alternative financing solutions. 

The Borrower Certification and Authorization Certification confirms that the borrower has provided accurate and complete information in their mortgage application and acknowledges the lender’s right to verify details through a full documentation review. 

The Closing Information Commitment Form confirms all final loan, borrower, and settlement details required for ARDRI to issue a Clear to Close. It is not a commitment to lend and must be completed accurately to prevent closing delays.  DOWNLOAD FORM

ARDRI’s formal exception request form must be fully completed for the credit committee to evaluate the request, document the decision, and record the Exception Approval, Counteroffer, or Denial. 

A step-by-step tutorial guide for borrowers on how to eSign their electronic Initial Disclosure package, designed to minimize confusion and ensure a smooth signing process. 

Required and must be approved by ARDRI for all Third Party Origination firms wanting to earn Lender Paid Compensation. Once approved, the pricing and eligibility engine will reflect Lender Paid Pricing automatically within the loan premium and Par pricing when selecting Borrower Paid Compensation. 

The Mortgage Loss Payee Clause is a provision in a property insurance policy that designates the lender (mortgagee) as the payee in the event of a loss. It provides security for the lender by guaranteeing that insurance proceeds will be used to repair or rebuild the property or to satisfy outstanding loan obligations in case…

ARDRI’s P&L doc type guidelines require completion of this packet in its entirely by the borrower’s tax preparer. Instructions for completion are found on this page. 

The Roster of Mortgage Loan Originators and Loan Processors spreadsheet allows brokers to input and add their employees to the ARDRI Hub. This helps ensure that all relevant team members are accurately registered within the ARDRI platform for streamlined communication and tracking.

Form used to provide ARDRI with a compilation of external organizations and/or individuals that will require communication with throughout the loan process. 

Required for firms that only originate Business Purpose loans. Must be submitted and approved by ARDRI before locking your first loan. 

Required for firms originating Consumer and Business Purpose loans. Must be submitted and approved by ARDRI before locking your first loan. 

For Multi-Family (5+ Units) properties, the Pro Forma Operating Statement must be fully completed to ensure an accurate DSCR calculation. These properties typically incur additional expenses not present in 2-4 unit rental properties. 

ARDRI’s P&L doc type guidelines require completion of this packet in its entirely by the borrower’s tax preparer. Instructions for completion are found on this page. 

The worksheet must be completed with respect to all residential mortgage loans secured by properties located in AR, NM, NC, SC, TX, VA, and WV.