Residential
Mortgage 1
| MORTGAGE 1 Toll Free 1-877-525-0318 or (989) 525-0318 |
| FINANCING OPTIONS Fixed Rate The interest rate on a fixed rate loan is set when the loan is opened. The interest rate remains the same through the entire term of the loan and does not change when market indexes or other interest rates fluctuate. ARMS An adjustable rate mortgage, called an ARM for short, is a mortgage with an interest rate that is linked to an economic index. The interest rate, and your payments, are periodically adjusted up or down as the index changes. HELOC HELOC stands for home equity line of credit, or simply "home equity line." It is a loan set up as a line of credit for some maximum draw, rather than for a fixed dollar amount. Interest Only The borrower pays only the interest that accrues on the loan balance each month. Because each payment goes toward interest, the outstanding balance of the loan does not decline with each payment. |
Needed Documents At Application
You May Brings These Items or Fax To 989-525-0320
Past two (2)years W-2 statements
Pay Stubs covering the last (30) thirty days
Most recent two months banks statements showing funds to close
Copy of the Purchase and Sale Agreement
If you are currently renting….either 12 months canceled rent checks or
the name and address of your current landlord.
If divorced… a fully executed divorce decree.
For a refinance provide name, address and account number of lien
holder(s)
A letter of explanation for any known credit problems.
For Self Employed borrowers, Employed in sales, Paid by
commission, or Owns Rental Real Estate:
Two (2)Years signed personal Tax returns- including all schedules.
If self-employed through a corporation, last two years corporate returns
as well as a year-to-date profit and loss statement and balance sheet.
We work to get you the best loan possible. Our qualification process is
simple and fast
SHORT FORM LOAN APPLCIATION
TO PRINT-Hold the Ctrl button & Letter P Button To Print
After Printing, Please Fill In Information and Fax to 1-989-525-0320
First Name __________________ Spouse ____________________
Last Name __________________ ____________________
Social Security #______________ ____________________
Address_____________________ ____________________
City,State,Zip_________________ ____________________
Day-Phone #_________________ ____________________
Employer____________________ ____________________
Hourly or Salary (Circle) Hourly or Salary (Circle)
Amount Per Hr or Month ________ ____________________
Savings Amount ______________ ____________________
Retirement Balance____________ ____________________
For a Purchase How Much Is The Purchase Price?_______________
For a Refinance What Is The Current Balance You Owe?__________
What Are The Property Taxes Per Year?_______________________
Annual Home Owners Insurance Amount?______________________
TO PRINT-Hold the Ctrl button & Letter P Button To Print
After Printing, Please Fill In Information and Fax to 1-989-525-0320
First Name __________________ Spouse ____________________
Last Name __________________ ____________________
Social Security #______________ ____________________
Address_____________________ ____________________
City,State,Zip_________________ ____________________
Day-Phone #_________________ ____________________
Employer____________________ ____________________
Hourly or Salary (Circle) Hourly or Salary (Circle)
Amount Per Hr or Month ________ ____________________
Savings Amount ______________ ____________________
Retirement Balance____________ ____________________
For a Purchase How Much Is The Purchase Price?_______________
For a Refinance What Is The Current Balance You Owe?__________
What Are The Property Taxes Per Year?_______________________
Annual Home Owners Insurance Amount?______________________
| 12 MONTHS AT 0% INTEREST WITH NO ANNUAL RENEWAL FEE JUST DOUBLE CLICK ON THIS DISCOVER ICON AND APPLY NOW!!!! |