| ADVANCED
MORTGAGE SOLUTIONS |
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. TYPE
OF MORTGAGE AND TERMS OF LOAN |
Mortgage
Applied for: |
VA
FHA |
Conventional
FmHA |
Other: |
|
| Agency
Case Number |
 Lender
Case Number |
|
Amount
$ |
Interest
Rate
% |
No.
of Months |
|
Amortization
Type: |
Fixed Rate
GPM |
Other (explain):
ARM (type): |
|
|
| II. PROPERTY
INFORMATION AND PURPOSE OF LOAN |
| Subject
Property Address (street, city, state & zip code) |
No.
of Units |
|
| Legal
Description of Subject Property (attach description if necessary) |
Year
Built |
|
Purpose
of Loan: |
Purchase
Refinance |
Construction
Construction-Permanent |
Other (explain): |
Property
will be:
Primary
Secondary
Investment |
|
Complete
this line if construction or construction-permanent loan.
| Year Lot
Acquired |
Original
Cost
$ |
Amount
Existing Liens
$ |
(a)
Present Value of Lot
$ |
(b)
Cost of Improvements
$ |
Total
(a+b)
$ |
|
Complete
this line if this is a refinance loan.
| Year
Acquired |
Original
Cost
$ |
Amount
Existing Liens
$ |
Purpose
of Refinance |
Describe
Improvements made
to be made
Cost: $ |
|
| Title
will be held in what Name(s) |
Manner
in which Title will be held |
Estate
will be held in:
Fee Simple
Leasehold
(show expiration date) |
|
Source
of Down Payment, Settlement Charges and/or Subordinate Financing
(explain)
|
|
|
| Borrower III. BORROWER
INFORMATION Co-Borrower |
Borrower's
Name (include Jr. or Sr. if applicable)
|
Co-Borrower's Name
(include Jr. or Sr. if applicable)
|
| Social
Security Number |
Home
Phone(Incl. area code) |
Age |
Yrs.
School |
|
| Social
Security Number |
Home
Phone(Incl. area code) |
Age |
Yrs.
School |
|
|
Married
Unmarried Seperated |
Dependents
(not listed by Co-Borrower) no.
ages |
|
|
Married
Unmarried Seperated |
Dependents
(not listed by Borrower) no.
ages |
|
Present
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
Present
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
| If
residing at present address for less than two years, complete the
following: |
Former
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
Former
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
Former
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
Former
Address (street, city, state, zip code)
Own
Rent ___No. Yrs.
|
| Borrower IV. EMPLOYMENT
INFORMATION Co-Borrower |
| Name &
Address of Employer
Self Employed |
Yrs.
on this job
Yrs. employed in this line of work/profession
|
|
| Name &
Address of Employer
Self Employed |
Yrs.
on this job
Yrs. employed in this line of work/profession
|
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|
| If
employed in current position for less than two years or employed in more
than one position, complete the following: |
| Name &
Address of Employer
Self Employed |
Dates
(from - to)
Monthly Income
$ |
|
| Name &
Address of Employer
Self Employed |
Dates
(from - to)
Monthly Income
$ |
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|
| Name &
Address of Employer
Self Employed |
Dates
(from - to)
Monthly Income
$ |
|
| Name &
Address of Employer
Self Employed |
Dates
(from - to)
Monthly Income
$ |
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|
| Position/Title/Type
of Business |
Business
Phone (incl. area code) |
|