Robert Thompson & Patricia Thompson
Refinance · Conventional · $615,000
Key Dates
Intro Date
Mar 20, 2026
TRID Start
Mar 25, 2026
Closing Date
—
Contract Expiration
—
Team & Contacts
Status Tracker
Disclosures
Borrower · Mar 26, 2026
Intent to Proceed
Borrower · Mar 27, 2026
Appraisal
Appraiser · Apr 10, 2026
Title
Title · Apr 15, 2026
Insurance
Insurance · Apr 1, 2026
Underwriting
UW · Apr 26, 2026
Closing Disclosure
Processor
Conditions
5 open · 7 total2025 federal tax returns or IRS extension confirmation (Form 4868)
pendingNeeded from: Borrower · Owner: Processor · Due: Apr 30, 2026
Robert filed extension — needs Form 4868 or completed returns before UW can close
Verification of employment — Robert Thompson Law Firm PLLC
pendingNeeded from: Borrower · Owner: Processor · Due: Apr 28, 2026
Self-employed — need CPA letter confirming business is active and income consistent
Payoff statement — existing first mortgage (Wells Fargo)
pendingNeeded from: Title · Owner: Processor · Due: Apr 29, 2026
Reserve verification — 6 months PITI
receivedNeeded from: Borrower · Owner: Processor
Letter of explanation — employment gap 2023
receivedNeeded from: Borrower · Owner: Processor
Robert took 3-month sabbatical between firms — LOE on file
12-month mortgage payment history
clearedNeeded from: Borrower · Owner: Processor
Homeowner's insurance renewal declaration page
clearedNeeded from: Borrower · Owner: Processor
Communication Log
Called UW desk — file in queue, expected to be assigned to an underwriter by 4/28. No issues flagged on initial review.
↻Follow-up: Check UW status morning of 4/28
Emailed Robert re: 2025 tax returns — confirmed he filed extension. Requesting Form 4868 by 4/30.
↻Follow-up: Receive Form 4868 by 4/30
Requested CPA letter from Robert's accountant (Mark Feld, CPA) for self-employment VOE.
↻Follow-up: CPA letter due 4/28
Submitted complete file to underwriting. DTI 32%, LTV 75%, 780/775 FICO. Strong file. Cover memo included noting tax extension.
Received title commitment from Republic National Title. Clean title, no liens or encumbrances.
Appraisal report received from Brian Walsh — value $820,000. LTV at 75%, well below jumbo threshold. Property in excellent condition.
USAA homeowner's insurance binder received and on file.
Robert and Patricia returned signed ITP. Confirmed intent to proceed with rate-and-term refi.
Initial consultation. Rate-and-term refi — dropping from 7.25% to 6.50%. Excellent credit (780/775). Robert is an attorney, Patricia is retired school principal.
Notes
Rate-and-term refi. Saving ~$350/mo on PITI. Robert is self-employed (Thompson Law Firm PLLC) — needs CPA letter for VOE and Form 4868 for tax extension. Patricia is co-borrower, retired income from TRSPS pension. Very cooperative borrowers, strong file. Only outstanding items are UW-side conditions after assignment.