Declarations:
If you, or your co-borrower answer yes to any
of these questions, a through i, please use the comments section for explanation. |
| Yes No |
A. Are there any current judgements against you?
B. Have you declared bankruptcy within the past 7 years?
C. Have you had property foreclosed upon or given title or deed in
lieu of thereof in the past 7 years?
D. Are you a party to a law suit?
E. Have you directly or indirectly been obligated
on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure,
or judgement?
F. Are you presently delinquent or in default on any Federal debt or any other loan mortgage,
financial obligation, or loan guarantee?
G. Are you obligated to pay alimony, child support, or separate maintenance?
H. Is any part of the down-payment borrowed?
I. Are you a co-maker or endorser on a note?
J. Are you a U.S. citizen
K. Are you a permanent resident alien?
L. Do you intend to occupy the property as your primary residence? (If "yes", complete question m below.)
M. Have you had ownership interest in a property in the last three years?
M1. What type of property did you own -- Principal Residence (PR), Second Home (SH) or Investment Property (IP)?
M2.How did you hold title to the home -- solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)?
Comments/Additional Information
|
Rate:
Locked For:
Discount Points:
Loan Amount
Down Payment
from Savings Sale of Other House Gift
Loan Term:
15 Year 30 Year 40 Year
Loan Program:
Fixed
Fixed 3 Years
then Yearly ARM
Fixed 5 Years
then Yearly ARM
Fixed 7 Years
then Yearly ARM
Fixed 10
Years then Yearly ARM
One Year
T-Bill ARM
VA Loan
FHA
Fixed
FHA ARM
No Income Doc
Special
Negative Amortization
I certify that the information provided here in
this application is true and correct to the best of my knowledge.
Further, I authorize Equity Bank to verify any information included
with or made part of this application including other documents
that may be requested at a later date. I also authorize any
person or party named in this application to provide any and all
information that Equity Bank may request including, but not limited
to; employment, income history, credit records, pay histories,
income tax returns, bank and/or other depository account balance
history or any other information Equity Bank deems necessary to
secure a credit decision.
I further understand that an appraisal will be
required on the property that I am financing and that the charge
for this service is a pass-through expense that will be paid by
me at the time requested. Typically, these fees range from $300
to $375(or more) depending on the complexity of the appraisal and
the required format in the underwriting process.
Finally, I understand that if I elect to
lock-in my rate now, that:
- the rate, points and fees are subject to
confirmation by Equity Bank.
- the rate must be rates that are in effect
at the time of receipt of completed application by
Equity Bank. Loans submitted after 4:00pm Central Time will be
subject to Equity Bank pricing in effect the following
business day.
- I will receive confirmation within 24
hours of receipt of my request. If you do not receive
confirmation within 24 hours, you must contact us no
later than the next business day to ensure an interest
rate lock-in.
- Appraisal and credit report must be prepaid to honor the lock-in.
The following information is requested by the Federal Government for certain
types of loans related to a dwelling, in order to monitor the Lender's
compliance with equal credit opportunity, fair housing and home mortgage
disclosure laws. You are not required to furnish this information, but are
encouraged to do so. The law provides that a Lender may neither discriminate
on the basis of this information, nor on whether you choose to furnish it.
However, if you choose not to furnish it, under Federal regulations this Lender
is required to note race and sex on the basis of visual observation or surname.
If you do not wish to furnish the above information, please check the box below.
(Lender must review the above material to assure that the disclosure
satisfy all requirements to which the Lender is subject under applicable state
law for the particular type of loan applied for.)
By clicking on "Submit this
Application" below, you certify all the terms above are
true:
Thank you for choosing Equity Bank and
congratulations! Your loan request is well on it’s way to
APPROVAL!!
