What's required to complete a subordination agreement?

Blaze Credit Union will consider requests for subordination of equity loans after a thorough review. Requests will be processed upon receipt of a complete subordination package.

Required Items:

1. Completed Subordination Request Form
2. Copy of the member's signed authorization form
3. Copy of the Underwriting and Transmittal Summary (1008)
4. Copy of the signed Uniform Residential Loan Application (1003)
5. Copy of the Loan Estimate or Closing Disclosure
6. A complete copy of the appraisal. If not required for your loan, a copy of the Collateral Valuation (Fannie Mae/Freddie Mac) or AVM.
7. A copy of the Title Commitment
8. A check for $250 payable to Blaze Credit Union. Please include the Blaze Account Number and reference that the check is for a Subordination Agreement. The fee is non-refundable.
9. Return Fed Ex, or UPS label and envelope

Send the required fee and all documentation to:

Blaze Credit Union
ATTN: Mortgage Servicing
2025 Larpenteur Ave W
Falcon Heights, MN 55113

Incomplete requests will not be processed until all items are received. Please allow 5 - 7 business days for processing from the date of receipt of complete package. If you have any questions or concerns, please call us at 651.215.3500.