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Tell
Us About the Property Being Purchased / Refinanced |
Click Here If Property
Not Identified: |
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House Number: |
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Street Name: |
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City: |
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State: |
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Zip: |
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Property Type: |
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Monthly Homeowners Dues: |
(if any) |
Year Built: |
Format: "1991" |
This property
will be:
My Residence
Rental
Vacation Home |
Value or Sales Price: |
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Loan Amount: |
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Purpose of the Loan: |
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Occupancy: |
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Number of Units: |
1
2
3
4 |
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Enter the Purchase Price*: |
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*If you don't know the purchase
price, input the most you would want to pay.
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How
the Purchase Will Be Financed |
Properties
are purchased with a loan (and sometimes two loans) and a down payment.
You also need cash left over for "cash reserves". |
Below, either
input the loan amount you wish to borrow or select
the loan-to-value (LTV), which is the percentage of the purchase
price you want to finance. If you select a loan-to-value, the system
will automatically compute the loan amount. |
Input Loan Amount: |
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OR, Select a Loan-to-Value: |
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Sometimes
buyers find it advantageous to get two loans to purchase a home,
a first and a second. If this is not the case, leave this section
blank. If you are getting a second mortgage, please
identify the source and input either the loan amount or the loan-to-value
as you did for the first mortgage. |
Source: |
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Input Loan Amount: |
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OR, Select a Loan-to-Value: |
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