Branch Banking & Trust Company

Subordination Requirements Checklist

(Centralized Processing) 3rd Party Request

-- Please Fax required documents to Retail Loan Fulfillment @ 888-635-4169 -THIS SECTION FOR BB&T USE ONLY

Lender Name

User ID

Officer#

BB&T acct/note#

Closing Date

Required Documents
Subordination Requirements Checklist
1008 Underwriters Transmittal Summary
1003 Uniform Residential Loan Application (Amount of new P&I mortgage payment, including escrow, if not shown
on the application)

Income verification for each borrower (Most recent pay stub, personal and/or business tax return, or W2): If the new
mortgage is a streamline/HARP, income verification is still required for BB&Ts 3rd party DTI calculations
Appraisal*: (If the new mortgage is a streamline/HARP and appraisal was not submitted, or if the request involves cash out, we
will obtain an alternative property value that will incur additional charges, in which case an appraiser will need to visit the subject
property to obtain pictures, etc. Please inform the client of this, so they will be aware of the visit.)
Packing and/or mailing label to return signed documents (if no label is provided, documents will be sent regular
mail. Expect 7-10 business day delivery on all regular mail requests)

Fees

An invoice will be provided once the final decision has been rendered. It is recommended to wait for
invoice before submitting fees.

If fees have already been provided, please send checks to:

BB&T Retail Loan Fulfillment
Attention: Darren Smith or Matthew Miller
2400 Reynolda Road Floor 2
Winston-Salem, N.C. 27106
OR to mail code 001-94-02-30

Subordination Preparation Fee: Please see page 2 for fees by state

Appraisal Fee*:
o If not received with package: BB&T will order a valuation. The fee will range from $35 to $450.

Processing Turn-around Time

Subordinations can take 10-15 business days to process. Processing will not begin until all required documents
are received.

Closing Agent Information

(To whom the completed documents will be delivered)
Business Name
Contact Name
Complete Mailing Address
Phone Number
Email Address

New 1st Mortgage Lender

New 1st Mortgage Company Name
(name as it will appear on recorded documents)

We appreciate the opportunity to work with you and to serve our mutual clients. Please provide as much notice
as possible for subordination requests so that we can better assist you and our client.
Revised November 13, 2015 - Please do not use any previous versions

Branch Banking & Trust Company

Subordination Requirements Checklist
(Centralized Processing) 3rd Party Request

Comments:

--If the request for subordination is denied, the closing agent or new 1st mortgage lender will be notified--

Subordination Preparation Fees

State

BB&T
Lien
$50.00

Non-BB&T
Lien (3rd Party)
$100.00

Guidelines

$0

$0

No fee

$50

$100

These fees apply if original loan/line amount is greater

than $50,000, otherwise no fee

$50

$100

$50

$100

$50

$100

$50

$100

North Carolina $0
South Carolina $0
Tennessee
$50

$0
$0
$100

Alabama
(For notes dated on
or after 6/23/03)

District of
Columbia
Florida
(For notes dated on
or after 6/23/03)

Georgia

These fees apply if original loan/line amount is $2,000 or

more, otherwise no fee

(For notes dated on

or after 6/23/03)

Indiana
(For notes dated on
or after 6/23/03)

Kentucky
(For notes dated on
or after 6/23/03)

Maryland
(For notes dated on
or after 6/23/03)

No fee
No fee

(For notes dated on

or after 6/23/03)

Texas
Virginia

$50

$100

$50

$100

Ohio

$0

$0

New Jersey

$50

$100

Pennsylvania

$0

$0

(For notes dated on

or after 6/23/03)

West Virginia
(For notes dated on
or after 6/23/03)

No fee

No fee

We appreciate the opportunity to work with you and to serve our mutual clients. Please provide as much notice
as possible for subordination requests so that we can better assist you and our client.
Revised November 13, 2015 - Please do not use any previous versions