Featured Estates
MLS Search
Buyers
Sellers
Financing
Testimonials
Contact
Company Info
Why We Are Different
Calculators
Pre-Qualify
Please fill out this form as complete as possible. Your information will be immediately sent directly to our Preferred Lender for review. .
By completing this form you are not authorizing the lender to pull your credit report or charge you any application fees. No credit check can or will be run by the mortgage company who receive your pre-qualification request without your prior authorization.
Loan Information
Desired Loan Amount:
Loan Purpose:
Purchase
Rate/Term Refinance
Cash Out Refinance
If you selected Purchase, have you found your new home?
Yes
No
Is there a Co-applicant for this loan?
Yes
No
Borrower's Name:
 Co-Borrower's Name:
 
Credit Information
Borrower Co-Borrower
How would you rate your Credit?
Have you ever had a bankruptcy:
If so, what year:
 
Employment Information
 Borrower Co-Borrower
Are You Self Employed?
Employer:
How long have you been at your present job:
If self-employed, how long have you had your own business?
 
Income/Debt Information
Try to be as accurate as possible with income and debts (listing all credit cards, their balances and your minimum monthly payment, student loan(s), 401K loans, car payments, etc.).  If you need more space or need to explain anything further please use the comment box at the end of the form.
Borrower Co-Borrower
Total Gross Monthly Income:
Total Monthly Debt:
 
Property Information
Property Location: State:
 City:
Property Type:
Property will be:
Purchase Price:
Downpayment:
Source of Funds for Downpayment:
 
Contact Information
Contact me via:
E-mail:
Home Phone:
Work Phone:
Your Current Address:
Street Address:
City:
State:
 ZIP:
 
Comments:
Provide any additional information that maybe helpful in determining your situation.

 

HELP

Total Gross Monthly Income

Please enter the total monthly income for the borrower and co-borrower.

You can count as income not only your steady employment but also:

  • Overtime bonus and commissions (average for one - two years);
  • Net income from self employment;
  • Social security, veteran's benefits and retirement;
  • Alimony, child support and income from public assistance programs;
  • Workmans's compensation or permanent disability payments;
  • Interest and dividend income;
  • Rental income after deducting expenses and debt payments;
  • Income from trusts, partnerships, professional corporations and so on.

The income can be derived from several sources, but it must be supported by documentation and have a high likelihood of continuation.

Total Monthly Debt

Your regular monthly debts and obligations may include monthly payments on:

  • Other real estate loans;
  • Installment loans (bank loans, auto loans, tuition loans, etc);
  • Revolving accounts;
  • Child support and alimony paid to a former spouse.

Include only debt obligations that won't be paid off within the next 10 months. Do not include current rent or other housing expenses, such as utilities, telephone, insurance, etc. Also do not include payments on rental real estate loans that have been deducted from rental income.

Occupancy

Select how your property will be occupied.
Investment Property is a property that is not occupied by the owner and in most cases produces income or is held for gains from appreciation.
Second home, or vacation home, is different from an investment property as it is not rented, but used occasionally by the owners. If you rent out your vacation home for any period of time at all, it's investment property.

Self Employed
Please indicate if you are self employed. If you own 25% or more of the company by which you are employed, you are considered self employed for loan purposes. If you own 100% of a company but you do not work for that company, you are NOT self-employed.

It does not impact your ability to get a loan because you are self employed. However there are a few differences in how loans are processed and underwritten for self-employed borrowers. A self-employed borrower requires a little more documentation than a salaried person. As a rule a lender will want copies of last two years of business and personal (if different) tax returns and a year-to-date profit and loss statement.

Downpayment

Enter how much cash or liquid assets you have available for down payment to purchase your home. Funds for down payment normally are required to be documented and verified as your own.

Source of Funds for Downpayment

These funds can be from cash savings & checking accounts, proceeds from the sale of current home, bridge loan, gift money, etc. Bonds and securities with the current market price can also be used for down payment. 
Note: Gift funds may only come from a family member and must not have any repayment requirements.

Bankruptcy

There are several types of Bankruptcies (chapter 7,9,11,13, etc). If you have filed a bankruptcy within the past seven years please select "YES".

Current Mortgage Balance

Please enter the amount you owe on your home loan. Your lender can provide you with an up-to-date mortgage balance, or you may use our Mortgage Payment Calculator to calculate it.

 
 © 2005 Agent Image, Inc. All rights reserved. | Terms
Design by Agent Image - Real Estate Web Site Design