This website has been archived for historical purposes.
The Membrane Domain

HOME PURCHASE LOAN APPLICATION

This section is restricted to the people buying a primarty residence properly zoned for residential occupancy. By completing this section you authorize Shelter Mortgage Corporation to obtain a credit report in your names for mortgage application purpose only. Completing this information does not guarantee any interest rate or loan approval. The RESPA Act prohibits lenders from distributing credit reports to any third party. there will be a $300.00 or $325.00 application fee required to begin the final processing of your paperwork. To lock in or establish your interest rate on your loan one point or 1% of the loan amount must be returned along with the application paperwork.
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against applicants on the basis of race, color, religion, national origin, sex, marital status or age.

Home Purchase Loan application Form

Personal Information:

                                       BORROWER                     CO-BORROWER

Full Name                            

Address                                  

Do you own or rent        Own Rent                              Own Rent  

                                        Live with relatives                     Live with relatives
 
How long have you
lived here                                                           

How much is your
current housing
expense                                          


What type of mortgage?


Previous Address
(If less than 2 yrs
at current address)
                                                

Did you own or rent       Own Rent                              Own Rent  

                                        Live with relatives                     Live with relatives
 
How long did you
lived there                                                     
   
Social Security Number           

Home Phone Number              

Work Phone Number              

E-Mail Address                       

Age                                          

Sex                                 Male       Female             Male   Female

Years of schooling                  

Number of dependents           

Ages of dependents                

Marital Status                Married    Seperated      Married    Seperated    

                                        Unmarried                            Unmarried
  
Are you a U.S. citizen    Yes  No                           Yes   No

If not,do you have a 
green card                      Yes    No                         Yes   No

Are you obligated to pay
alimony or child support Yes    No                        Yes   No


The following information is requested by the Federal Government in order to monitor
the lender's compliance with Equal Credit Opportunity, Fair Housing and Home Mortgage
Disclosure Laws.  The law provides that a lender may not discriminate on the basis of
this information.


Race/National
Origin                           American Indian or                    American Indian or
                                           Alaskan Native                             Alaskan Native 
                                     Black, not of Hispanic origin     Black, not of Hispanic origin
                                     Hispanic                                      Hispanic
                                     Asian or Pacific Islander            Asian or Pacific Islander
                                     White, not of Hispanic origin     White, not of Hispanic origin

Property Information

Address for property being purchased
Sale price
Annual taxes
Has the seller accepted the contract? Yes No
Is the property single family duplex triplex
Will you use the property as primary residence vacation home investment
Is this property a condominium townhome fee simple home
Is there an association fee? Yes No
If yes, How much monthly?
Who is the Realtor that helped to complete the contact?
Company and Address Agent Phone number
Who is the Realtor that had listed the property for sale?
Company and Address Agent Phone number

Employment Information:

Borrower's Employer Name & Address:

Position:                              

How long employed here:  

Gross  Monthly Salary:                            Self Employed   

Co-Borrower's Employer Name & Address:

Position:                              
How long employed here:  

Gross  Monthly Salary:                            Self Employed

Please complete this section if you have been with your current employer for less than 2 years:

Borrower's Previous Employer Name & Address:

Position:                              

Dates employed here:   to 

Gross  Monthly Salary:                            Self Employed   

Co-Borrower's Previous Employer Name & Address:


Position:                              
Dates employed here:   to 

Gross  Monthly Salary:                            Self Employed

Please complete this section for a 2nd job or additional employers

Borrower's Second Employer Name & Address:

Position:                              

Dates employed here:   to .

Gross  Monthly Salary:                            Self Employed   

Co-Borrower's Second Employer Name & Address:


Position:                              
Dates employed here:   to 

Gross  Monthly Salary:                            Self Employed

Asset Information:

For this section, please only give approximate figures in each account area. There is no need to give account numbers in which the monies reside.

                          Amount                        Institution
Savings:                

Checking:             

Money Markets: 

401K Plans:          

Mutual Funds:      

Stocks & Bonds:

Any other liquid assets you feel are applicable:

Are any of the above stated funds not to be used for purchase of new real estate:

Do you have any potential gift monies coming from a family member?
YES
NO
What is their relationship to you?
If ,YES, what would the amount be?

Debt Information:

The following debt information is a critical aspect of this financial analysis. We will give you several general categories of possible revolving debt to fill in. These may not be all-inclusive, so please use the 'other' section to include your unique situation. Revolving debt is defined as any constant, monthly payments you make. (ie: car payments, home equity loan, school loans, credit cards...)

Please give both the current total balance of the debt as well as the current monthly payment.

Type of Account                 Approx. Balance     Monthly Payment

Combined Credit Cards:  

Car Loan:                         

Car Loan:                          

School Loan:                    

School Loan:                                           

Personal Loans:               

1st Mortgage                    

2nd Mortgage

Please continue with any other revolving debts you may have that do not fit in the categories listed above:

Have you ever been previously married?
YES
NO
If ,YES, is there any allimony/child support, and how much on a monthly basis?

How long will payments continue ?

If you currently own will you be selling this property prior to buying the new property?
YES
NO

If you are selling/or will sell this property prior to your new purchase, what will the approx. net proceeds equal?

If you are not selling this property, what will your total monthly cost be to maintain it (ie: loan payments, taxes & Insurance)
If you own a second or third home please give the same info for them in the space provided below:

Disclosure Information:

Will you occupy the new premises?
YES
NO

Have you in the last 7 years declared bankruptcy, suffered foreclosure, had an account assigned for collection or had any legal action affecting your ability to finance?
YES
NO
If, YES, explain below:

Are you a US citizen ?
YES
NO

If NO, are you a US Resident Alien?
YES
NO

Do you have Vetern status ?
YES
NO

If YES, are you a reservist?
YES
NO

Is any part of the purchase price or settlement cost being obtained from a source other than shown?
YES
NO

If you answered "YES" and the money in question is other than monies mentioned in the gift section above, please describe below:

Mortgage Options

Please complete the following section to indicate your preference for your financing. Your mortgage councilor will be calling you to answer any questions and confirm your selections. At that time you will be given instructions on how to lock in on current interest rates.

How long do you think that you will own the new home that you are financing? 0-5 years 10-15 years 5-10 years 15 or more years
What mortgage term do you prefer? 10 years15 years20 years30 years
How many points are you considering? NoneOneTwoThree
What loan program are you considering? Fixed 1 year arm FHA 3/1 year arm VA 5 or 7 year arm Buydown COFI adjustable 5 or 7 year balloon Other
How much of a loan are you requesting?
Completing this information does not guarantee mortgage approval. this should not be considered an extension of credit. I/We hereby authorize Shelter Mortgage Services to obtgain a credit report in my/our names, for mortgage application purposes only. The RESPA Act prohibits lenders from distributing credit reports to any third party. Please run my credit Do Not run my credit

Thank you for taking the time to review and complete this form.
We at Shelter Mortgage believe it will be an excellent start in acquiring your
new home. Simply click on the "submit request" button below to continue.

To view a list of documents required for a loan application
Click here

Thank you.

Licensed Mortgage Banker: PA Dept. of Banking
Licensed Mortgage Banker: NJ Dept. of Banking
Licensed Mortgage Banker: DE Dept. of Banking

Equal Housing Opportunity

Return to the Scott Milne home page

This website has been archived for historical purposes. The Membrane Domain

HOME PURCHASE LOAN APPLICATION

Home Purchase Loan application Form

Personal Information:

BORROWER CO-BORROWER

Property Information

Employment Information:

Borrower's Employer Name & Address: Position: How long employed here: Gross Monthly Salary: Self Employed Co-Borrower's Employer Name & Address: Position: How long employed here: Gross Monthly Salary: Self Employed

Please complete this section if you have been with your current employer for less than 2 years:

Borrower's Previous Employer Name & Address: Position: Dates employed here: to Gross Monthly Salary: Self Employed Co-Borrower's Previous Employer Name & Address: Position: Dates employed here: to Gross Monthly Salary: Self Employed

Please complete this section for a 2nd job or additional employers

Borrower's Second Employer Name & Address: Position: Dates employed here: to . Gross Monthly Salary: Self Employed Co-Borrower's Second Employer Name & Address: Position: Dates employed here: to Gross Monthly Salary: Self Employed

Asset Information:

For this section, please only give approximate figures in each account area. There is no need to give account numbers in which the monies reside.

Amount Institution

Savings: Checking: Money Markets: 401K Plans: Mutual Funds: Stocks & Bonds:

Any other liquid assets you feel are applicable: Are any of the above stated funds not to be used for purchase of new real estate: Do you have any potential gift monies coming from a family member? YES NO What is their relationship to you? If ,YES, what would the amount be?

Debt Information:

Please give both the current total balance of the debt as well as the current monthly payment.

Type of Account Approx. Balance Monthly Payment Combined Credit Cards: Car Loan: Car Loan: School Loan: School Loan: Personal Loans: 1st Mortgage 2nd Mortgage

Disclosure Information:

Will you occupy the new premises? YES NO Have you in the last 7 years declared bankruptcy, suffered foreclosure, had an account assigned for collection or had any legal action affecting your ability to finance? YES NO If, YES, explain below:

Are you a US citizen ? YES NO

If NO, are you a US Resident Alien? YES NO

Do you have Vetern status ? YES NO

If YES, are you a reservist? YES NO Is any part of the purchase price or settlement cost being obtained from a source other than shown? YES NO If you answered "YES" and the money in question is other than monies mentioned in the gift section above, please describe below:

Mortgage Options

Please complete the following section to indicate your preference for your financing. Your mortgage councilor will be calling you to answer any questions and confirm your selections. At that time you will be given instructions on how to lock in on current interest rates.

Thank you for taking the time to review and complete this form. We at Shelter Mortgage believe it will be an excellent start in acquiring your new home. Simply click on the "submit request" button below to continue.

To view a list of documents required for a loan application Click here

Click here

Thank you.

Licensed Mortgage Banker: PA Dept. of BankingLicensed Mortgage Banker: NJ Dept. of BankingLicensed Mortgage Banker: DE Dept. of Banking

Equal Housing Opportunity

Return to the Scott Milne home page

This website has been archived for historical purposes.
The Membrane Domain

Borrower's Employer Name & Address:
Position:

How long employed here:
Gross Monthly Salary: Self Employed

Co-Borrower's Employer Name & Address:
Position:
How long employed here:
Gross Monthly Salary: Self Employed

Borrower's Previous Employer Name & Address:
Position:
Dates employed here: to
Gross Monthly Salary: Self Employed

Co-Borrower's Previous Employer Name & Address:

Position:
Dates employed here: to
Gross Monthly Salary: Self Employed

Borrower's Second Employer Name & Address:
Position:
Dates employed here: to .
Gross Monthly Salary: Self Employed

Co-Borrower's Second Employer Name & Address:

Position:
Dates employed here: to
Gross Monthly Salary: Self Employed

Savings:
Checking:
Money Markets:
401K Plans:
Mutual Funds:
Stocks & Bonds:

Any other liquid assets you feel are applicable:

Are any of the above stated funds not to be used for purchase of new real estate:

Do you have any potential gift monies coming from a family member?
YES
NO
What is their relationship to you?
If ,YES, what would the amount be?

Type of Account Approx. Balance Monthly Payment
Combined Credit Cards:
Car Loan:
Car Loan:
School Loan:
School Loan:
Personal Loans:
1st Mortgage
2nd Mortgage

Will you occupy the new premises?
YES
NO

Have you in the last 7 years declared bankruptcy, suffered foreclosure, had an account assigned for collection or had any legal action affecting your ability to finance?
YES
NO
If, YES, explain below:

Are you a US citizen ?
YES
NO

If NO, are you a US Resident Alien?
YES
NO

Do you have Vetern status ?
YES
NO

If YES, are you a reservist?
YES
NO

Is any part of the purchase price or settlement cost being obtained from a source other than shown?
YES
NO

If you answered "YES" and the money in question is other than monies mentioned in the gift section above, please describe below:

Thank you for taking the time to review and complete this form.
We at Shelter Mortgage believe it will be an excellent start in acquiring your
new home. Simply click on the "submit request" button below to continue.

To view a list of documents required for a loan application
Click here

Licensed Mortgage Banker: PA Dept. of Banking
Licensed Mortgage Banker: NJ Dept. of Banking
Licensed Mortgage Banker: DE Dept. of Banking