Revised October 2019
SUBORDINATION AGREEMENT REQUEST
All request are subject to approval and are evaluated on a case-by-case basis. Additional documentation may be required for final
approval. Please allow up to 2 weeks to process your request upon receipt of complete package.
A $250.00 non-refundable processing fee must be received with your subordination request and all required
documentation.
Please send a check made payable to Georgia’s Own Credit Union (reference line should note Subordination request); or you
may provide written authorization to draft our member’s account.
Borrower First and Last Name:
Co-Borrower First and Last Name:
New Lender’s Name and Address:
New Lender’s Contact Person & Phone Number:
New 1
st
Mortgage Loan Amount:
New 1
st
Mortgage Payment (with PITI):
Appraisal Type and Value:
Fed-Ex or UPS Account number and billing zip
code:
Or provide Fed-ex or UPS label for overnight
delivery.
Closing Date:
Is this a HARP loan? If so, it must be clearly identified on
1008, along with the type of type of appraisal required, if any
Documents Required for Processing:
Appraisal: First 6 pages and addendum's, or AVM
If appraisal has been waived by AUS, need a copy of the AUS details.
Transaction Summary (1008): Must be complete and signed by an authorized lender contact.
Application (1003): Must be complete.
Title Search: Provide Lender copy (must show vesting, legal description & our recorded lien)
Credit Report: Provide Lenders copy.
Please send all requests to: subordinations@georgiasown.org or mail to Georgia’s Own Credit Union Attn: Lending
Operations at 100 Peachtree Street, NW suite 2800, Atlanta, Georgia 30303
Georgia's Own Credit Union P.O. Box 105205 Atlanta, GA 30348 tel: 404.874.0777 toll-free 1.800.533.2062 www.georgiasown.org
