If you would like the Subordination Guidelines for USAA Federal Savings Bank AND the property is located WITHIN Washington State, please request the information here.

If the subject property is located OUTSIDE of Washington State, please order your subordination here.

As always, if you close your transaction through Legacy Escrow in Washington State, the subordination (including preparing the Subordination document itself) is completely taken care of by us at no charge but is subject to the subordinating lender fees and third party fees, if applicable.

Over the past year or two loan officers from various corners of the USA have been calling on Legacy Escrow Service, Inc. and utilizing our services for providing subordinations as part of our complete escrow closing program.   The most recent lender, The Lending Company from Arizona contacted us due to our experience in subordinations for their closings in Washington State.

While competitors try to emulate our service and programs, Legacy Escrow Service, Inc stands alone in providing the very best in service that help to build and foster the long-term business relationships of our real estate professional customers.

Received in a subordination from Bank of America which utilized their automated valuation program to calculate CLTV. Unfortunately, they are using the actual appraised value or the automated valuation program whichever comes in less. While this may not be new news, when the AVM is significantly less than the appraised value, well, the results can potentially trip up a loan.

Just keep this in mind.

Please see our post on lender subordinations. Bank of America subordination checklist has changed a bit, so it is updated today.

Legacy Escrow continually adds value by providing subordination services as part of our complete escrow closing service.   This time saving task saves loan processors precious time, a real value in assisting loan officers in creating smooth transactions and closing on-time!

Subordination Checklist from various lenders:

This is a brief list of some of the more common lenders we work with.   To order a subordination please go to our sister company here.

• Amtrust – Subordination Checklist
• Bank of America (updated Nov. 13, 2009)
• Boeing Employees Credit Union (BECU)
• Chase Subordination Checklist
• First Franklin (5/2010)
• Home Loan Service, Inc. (5/2010)
• National City
• First Horizon Subordination Checklist (updated 3.16.2010)
• GMAC-Homecomings Subordination Checklist
• Key Bank Subordination Checklist
• US Bank Subordination Checklist
• Washington Mutual
• Washington State Employees Credit Union (WSECU)
• Wells Fargo Subordination Checklist
• 1st Security Bank of Washington Subordination Checklist

Local Utility Subordinations:

PUD (local Snohomish County Public Utilities District) Subordination Checklist:  Click HERE.