Prequalification Loan Application
This application is designed to be completed by the applicant(s) with the Lender's assistance. Applicants should complete this form as "Borrower" or "Co-Borrower," as applicable. Co-Borrower information must also be provided (and the appropriate box checked) when the income or assets of a person other than the "Borrower" (including the Borrower's spouse) will be used as a basis for loan qualification or the income or assets of the Borrower's spouse will not be used as a basis for loan qualification, but his or her liabilities must be considered because the Borrower resides in a community property state, the security property is located in a community property state, or the Borrower is relying on other property located in a community property state as a basis for repayment of the loan.
I. PROPERTY INFORMATION AND PURPOSE OF LOAN
Purpose of Loan:
Purchase
Construction
Refinance - Cashout
Refinance - No Cashout
Construction-Permanent
Other
Property will be:
Investment
Primary Residence
Secondary Residence
Loan Amount:
$
Purchase Price
: $
Borrower
II. BORROWER INFORMATION
Co-Borrower
Borrower's Name
(include Jr. or Sr. if applicable)
First
Middle
Last
Suffix
Co-Borrower's Name
(include Jr. or Sr. if applicable)
First
Middle
Last
Suffix
Present Address
Own
Rent
No. Years
Street
City
State
Zip
Present Address
Own
Rent
No. Years
Street
City
State
Zip
Home Ph.#
Cell Ph.#
Social Security
DOB
(inc. area code) (inc. area code)
(no dashes)
(MM/DD/YYYY)
* Date of Birth required for credit check
Home Ph.#
Cell Ph.#
Social Security
DOB
(inc. area code) (inc. area code)
(no dashes)
(MM/DD/YYYY)
* Date of Birth required for credit check
Email:
Email:
III. MONTHLY INCOME AND COMBINED HOUSING EXPENSE INFORMATION
Gross Monthly Income
Borrower
Co-Borrower
Base Income
IV. OTHER HELPFUL INFORMATION
Down Payment
(if any): $
My Credit Is
:
Excellent
Good
Fair
Poor
Where Did You Find Us?
Choose One
Magazine/Newspaper
Radio
Television
Internet
Friend/Family
Other
Do you authorize us to pull your credit report so we can begin your loan process?
Yes
No
Comments
:
Copyright © 2007 Equity Your Money Tree.
