Nothing need be changed from the way it shows up on HUDS/Altas now.

Look for the borrower/buyer column on the ALTA (American Land Title Association).

We have now eliminated Alt-A production entirely."

He back out after he saw the ALTA and was making less on the deal.

What does ALTA do/or is for?

Typical requirements for a HML: recent bank statements, credit report, appraisal/BPO with as-is and ARV, sales contract, scope of work/budget-draw schedule, track record/previous purchase and sales HUDs/ALTAs showing the construction holdback amount, etc.

On the West End of Shrewsbury street by Union Station you have Alta on the Row which will come on line in the next 6 months, from here you can walk to Saint Vincent's hospital very easily along with MCPHS. 

They are usually full income verification or Alt-A utilizing a combination of bank statements or asset depletion for income.

The American Land Title Association offers training in the search and exam of title.ALTA - ALTA Career Education and Learning

Obviously, you must find an insurance agent who communicates well and can explain terms and policies in plain English.You weren’t specific with your question but there are two types of insurance you need, Title Insurance and Property Insurance.For Title Insurance we require a lender's title insurance policy for 125% of the loan amount, a 2006 ALTA policy or 2021 if available, and various endorsements.