How To Get A Loan For A Home Loan

Transcription

1 Home Loas for Your Lifestyle All programs available for ew, used, sigle & multi-sectio homes Fixed rate loas with o prepaymet pealty Primary residece ad secodary/vacatio home fiacig available Rate buydows available subject to state ad federal laws HOME ONLY Fiacig i a commuity or o privately owed lad $599 processig fee (o origiatio fees or poits) Low dow paymets available $10,000 miimum loa amout Miimum credit score of % or less debt-to-icome ratio Cosig program available LAND HOME All-i-oe ad costructio loas available Costructios loas require 90 day costructio iterest (may be fiaced) Lad may be purchased or paid off Maufactured, modular ad park model type homes accepted No private mortgage isurace (PMI) required Dowpaymet may be cash, trade, or lad-i-lieu of cash New homes - lad oly appraisal $599 processig fee (o origiatio fees or poits) Low dow paymets available Miimum credit score of % or less debt-to-icome ratio LANDPLUS Use your lad-i-lieu of a cash dowpaymet Lad ca be gifted, iherited or owed free ad clear Closes almost as quickly as a home oly loa Low closig costs No Title Isurace policy required; title search or abstract oly Curret property tax statemet or lad appraisal required to determie lad value $599 processig fee (o origiatio fees or poits) Low dow paymets available Miimum credit score of % or less debt-to-icome ratio APPLY FOR A LOAN TODAY! Apply for Your Loa Quickly, Simply ad Safely, visit to Apply Olie FAX Your Applicatio to Applicatios are available upo request. Triad Fiacial Services, Ic. (NMLS #1063), 4336 Pablo Oaks Court, Jacksoville, FL Legal Disclosure of Liceses: Arizoa Mortgage Baker BK , BKBR , BKBR Califoria - DBO Fiace Leder Law Licese 603B895, 603G669. Georgia Residetial Mortgage Licesee Illiois Residetial Mortgage Licesee MB & MB licesed by the Illiois Departmet of Fiacial ad Professioal Regulatio, Divisio of Bakig, 100 W. Radolph, 9th Floor, Chicago, IL 60601, Mississippi Licesed Mortgage Compay Leder Licese ML Motaa Mortgage Leder Licese Number Nebraska Mortgage Baker Licese Number 2101, NMLS #1063, NMLS #18304, NMLS # Oklahoma Mortgage Broker Licese Number MB & MBB02335, Licesed Loa Origiators: Lida Pearso NMLS #92519, Dea Hogge NMLS # & Cody Rig NMLS # Orego Licesed Mortgage Compay Licese Number ML-3995 & ML Licesed by the PA Departmet of Bakig, Licese Number & , Licesed Loa Origiators Erik Burriss NMLS #199472, Velma Williams NMLS # & Zachary Meier NMLS # Texas SML Mortgage Baker Registratio # Virgiia Licese Number MC-2497, NMLS ID #1063 ( NMLS ID #18304 ( & NMLS ID # ( Other terms ad coditios may apply. Not all products are available i all states.

2 Home Loas for Your Lifestyle Fixed Rate Home Loas as Low as 5.99%/6.169% APR SAMPLE HOME LOAN Amout Fiaced: $50,000 Dow Paymet: 20% Your Mothly Paymet: $ Advertised Rate Assumes: 20-year, fixed-rate, purchase moey loa for a ew or used maufactured home loa; miimum credit score of 720; DTI of 43% or less; dow paymet of 20%; pre-paid fiace charges of $714. Paymets do ot iclude amouts for taxes ad isurace ad actual paymets will be greater. Other terms ad coditios may apply. Not all products are available i all states. Call for details. For Example: A $50,000 loa with a APR of 6.169% would result i 239 mothly pricipal ad iterest paymets of $ ad oe pricipal ad iterest paymet of $ APPLY FOR A LOAN TODAY! Apply for Your Loa Quickly, Simply ad Safely, visit to Apply Olie FAX Your Applicatio to Applicatios are available upo request. Triad Fiacial Services, Ic. (NMLS #1063), 4336 Pablo Oaks Court, Jacksoville, FL Legal Disclosure of Liceses: Arizoa Mortgage Baker BK , BKBR , BKBR Califoria - DBO Fiace Leder Law Licese 603B895, 603G669. Georgia Residetial Mortgage Licesee Illiois Residetial Mortgage Licesee MB & MB licesed by the Illiois Departmet of Fiacial ad Professioal Regulatio, Divisio of Bakig, 100 W. Radolph, 9th Floor, Chicago, IL 60601, Mississippi Licesed Mortgage Compay Leder Licese ML Motaa Mortgage Leder Licese Number Nebraska Mortgage Baker Licese Number 2101, NMLS #1063, NMLS #18304, NMLS # Oklahoma Mortgage Broker Licese Number MB & MBB02335, Licesed Loa Origiators: Lida Pearso NMLS #92519, Dea Hogge NMLS # & Cody Rig NMLS # Orego Licesed Mortgage Compay Licese Number ML-3995 & ML Licesed by the PA Departmet of Bakig, Licese Number & , Licesed Loa Origiators Erik Burriss NMLS #199472, Velma Williams NMLS # & Zachary Meier NMLS # Texas SML Mortgage Baker Registratio # Virgiia Licese Number MC-2497, NMLS ID #1063 ( NMLS ID #18304 ( & NMLS ID # ( Other terms ad coditios may apply. Not all products are available i all states.

3 APPLICANT CREDIT INFORMATION: If this is a INDIVIDUAL applicatio, complete sectio A. If this is a JOINT applicatio, complete sectio A&B. NOTE: If married, the spouse is ot required to be the joit applicat. Please advise whether credit refereces ad/or credit history should be ivestigated uder aother ame. It is a crime to itetioally falsify iformatio o this applicatio. Applicatio Date: Seller Name: Purchase Agreemet with Seller must be attached Property will be: Purpose of the Loa: Proposed Dow Paymet: $ Source of Dow Paymet: Street Address where home will be located: Site of Placemet: Iformatio o the Lad Lease Commuity, Lad Ower Name, Tribe ame if home is to be placed o a Reservatio, or the mortgage holder: Name: Phoe Number: Mothly Site Paymet Is the site ret scheduled to icrease over the ext four years? If so, please explai. ADDRESS: REQUIRED (for Loa Notices ad Documets) APPLICANT ADDRESS: CO-APPLICANT ADDRESS: FULL NAME - Last, First, Middle (A) APPLICANT FULL NAME - Last, First, Middle (B) CO-APPLICANT APPLICANT'S RESIDENCE 3 Years Residece Required, attach supplemet if eeded CO-APPLICANT'S RESIDENCE (3 Years Residece Required, attach supplemet if eeded *If homeower, what do you ited to do with the existig home? *If homeower, what do you ited to do with the existig home?

4 APPLICANT'S EMPLOYMENT HISTORY (Miimum Three Years, attach supplemet if eeded) CO-APPLICANT'S EMPLOYMENT HISTORY (Miimum Three Years) APPLICANT'S OTHER INCOME CO-APPLICANT'S OTHER INCOME Icome from SSI, retiremet, disability, alimoy, child support or separate maiteace agreemet eed ot be disclosed if you do ot wish to have it cosidered as a basis for udertakig or repayig this debt.

5 ASSET AND CREDIT INFORMATION Applicat Bak Name: City, St: Accout type: Balace: $ Co-Applicat Bak Name: City, St: Accout type: Balace: $ Retiremet/401K with: City, St: Accout type: Balace: $ Auto #1: Yr/Make Auto #2: Yr/Make Other Asset: Other Real Estate Owed Value: $ Leder: Paymet: $ Balace: $ Value: $ Leder: Paymet: $ Balace: $ Value: $ Leder: Paymet: $ Balace: $ Value: $ Leder: Paymet: $ Balace: $ Other Real Estate Owed Value: $ Leder: Paymet: $ Balace: $ Are you a co-maker or guarator o a ote? If Yes, for whom? Creditor Mothly Paymet: $ (A) APPLICANT - Debts / Obligatios (B) CO-APPLICANT - Debts / Obligatios Expiratio Date Expiratio Date Alimoy/Maiteace: $ Alimoy/Maiteace: $ Garishmet: $ Garishmet: $ List Ages of Childre List Ages of Childre Child Support: $ Child Support: List Items that have a sigificat impact to your budget Other Extraordiary Recurrig Expeses If you drive more tha 20 miles each way to work every day, what is your mothly fuel ad maiteace expese other tha your car paymet? $ Child Care Expese: $ $ $ Estimated Mothly Amout List ay Govermet Assistace Paymets to you that help offset household expeses, such as WIC, TANF, or SNAP. You are ot required to disclose these amouts if you do ot wish to have them cosidered as a basis i aalyzig your ability to udetake or repay this debt. $ QUESTIONS yes Borrower Co-Borrower

6 The followig iformatio is requested by the Federal Govermet for certai types of loas related to a dwellig i order to moitor the leder's compliace with the equal credit opportuity fair housig ad home mortgage disclosure laws. You are ot required to furish this iformatio, but are ecouraged to do so. The law provides that a leder may discrimiate either o the basis of this iformatio or o whether you choose to furish it. If you furish the iformatio, please provide both ethicity ad race. For race you may check more tha oe desigatio. If you do ot furish ethicity, race or sex, uder Federal regulatios this leder is required to ote the iformatio o the basis of visual observatio or surame, If you do ot wish to furish the iformatio, please check the box below. (Leder must review the above material to assure the disclosures satisfy all requiremets to which the Leder is subject uder applicable state law for the particular type of loa applied for.) BORROWER: CO-BORROWER: Ethicity: Ethicity: Additioal Disclosures Califoria: A applicat, if married, may apply for a separate accout. It is illegal to discrimiate i the provisio of availability of fiacial assistace for the purpose of the purchase, costructio, rehabilitatio of ay oe to four uit family resideces occupied by the ower ad for the purpose of the house improvemet of ay oe to four uit family residece by cosiderig: 1. Treds, characteristics or coditios i the eighborhood or geographic area surroudig a housig accommodatio, uless the fiacial istitutio ca demostrate i the particular case that such cosideratio is required to avoid a usafe ad usoud busiess practice; or 2. Race, color, religio, sex, marital status, atioal origi or acestry. It is illegal to cosider the racial, ethic, religious or atioal origi compositio of a eighborhood or geographic area surroudig a housig accommodatio or whether or ot such compositio is udergoig chage, or is expected to udergo chage, i appraisig a housig accommodatio or i determiig whether or ot, or uder what terms ad coditios, to provide fiacial assistace. If you have questios about your rights, or if you wish to file a complait, cotact the Leder or the Califoria Departmet of Corporatios at: 320 West 4th St, Ste 750, Los Ageles, CA 90013, or 1390 Market St, Ste 810 Sa Fracisco, CA New York ad Vermot: I coectio with your applicatio for credit, a cosumer report may be requested i coectio with such applicatio. Upo request, you will be iformed whether a cosumer report was requested, ad if such report was requested, iformed of the ame ad address of the cosumer reportig agecy that furished the report. If your applicatio is grated, subsequet cosumer reports may be requested or utilized i coectio with ay updates, reewal or extesio of the credit for which applicatio was made or for ay other legitimate purpose associated with the accout. Ohio: The Ohio laws agaist discrimiatio requires that all creditors make credit equally available to all creditworthy customers ad that credit reportig maitai separate credit histories o each idividual upo request. The Ohio Civil Rights Commissio admiisters compliace with this law. Wiscosi: No provisio of a marital property agreemet, a uilateral statemet uder Wisc. Stat or a court decree uder Wisc. Stat adversely affects the iterest of the creditor uless the creditor, prior to the time the credit is grated, is furished a copy of the agreemet, statemet, or decree of has actual kowledge of the adverse provisio whe the obligatio to the creditor is icurred. NON-APPLICANT SPOUSE WAIVER OF NOTICE: I agree to waive otice of ay extesio of credit i coectio with this applicatio: No-applicat Spouse: Date Additioal disclosures may be required for the followig states: Texas, New York, Ohio, Orego. These documets are separate from this applicatio ad must be submitted with the applicatio for the leder to process your request. Each of the udersiged specifically represets to Leder ad to Leder's actual or potetial agets, brokers, processors, attoreys, isurers, servicers, successors ad assigs ad agrees ad ackowledges that: (1) the iformatio provided i this applicatio is true ad correct as of the date set forth opposite my sigature ad that ay itetioal or egliget misrepresetatio of the iformatio cotaied i the applicatio may result i civil liability, icludig moetary damages, to ay perso who may suffer ay loss due to reliace upo ay misrepresetatio that I have made o this applicatio, ad/or i crimial pealties icludig, but ot limited to, fie or imprisomet or both uder the provisio of Title 18, Uited States Code, Sec. 1001, et seq.; (2) the loa requested pursuat to the applicatio (the "Loa") will be secured by a mortgage of deed of trust o the property described herei; (3) the property will ot be used for ay illegal or prohibited purpose or use; (4) all statemets made i the applicatio are made for the purpose of obtaiig a residetial mortgage loa; (5) the property will be occupied as idicated herei; (6) ay ower or servicer of the Loa may verify or re-verify ay iformatio cotaied i the applicatio from ay source amed i the applicatio, ad Leder, its successors or assigs may retai the origial ad/or electroic record of the applicatio, eve if the Loa i ot approved; (7) the Leders ad its agets, brokers, isurers, servicers, successors, ad assigs may cotiuously rely o the iformatio cotaied i the applicatio, ad I am obligated to amed ad/or supplemet the iformatio provided i the applicatio if ay of the material facts that I have represeted herei should chage prior to the closig of the Loa; (8) i the evet my paymets o the Loa become deliquet, the ower or servicer of the Loa may, i additio to ay other rights ad remedies that it may have relatig to such deliquecy, report my ame ad accout iformatio to oe or more cosumer credit reportig agecies; (9) owership of the Loa ad / or admiistratio of the Loa accout may be trasferred with such otice as may be required by law; (10) either Leder or its agets, brokers, isurers, servicers, successors, or assigs has made ay represetatio or warraty, expressed or implied, to me regardig the property or the coditio or value of the property; ad (11) my trasmissio of the applicatio as a "electroic record" cotaiig my "electroic sigature" as those terms are defied i applicable federal ad/or state laws (excludig audio ad video recordigs), or my facsimile trasmissio of the applicatio cotaiig a facsimile of my sigature, shall be as effective, eforceable ad valid as if a paper versio of the applicatio were delivered cotaiig my origial sigature. I give permissio to Leder to ivestigate my credit ad employmet history ad authorize my employer, ladlord, depository istitutio, ad credit compay to release iformatio about me. I ackowledge that my dealer is either a broker or a credit grator. This applicatio may be cosidered withdraw if I do ot iquire about its status withi 30 days of the date of this otice. Borrower Sigature Date Co-Borrower Sigature Date

7 Addedum to Triad Fiacial Services, Ic. Credit Applicatio Effective Thak you for choosig Triad Fiacial Services, Ic. to process your credit applicatio for your maufactured home loa. Your credit applicatio will be submitted to Triad for review ad assiged to a licesed Mortgage Loa Origiator that hadles applicatios i your state. The Mortgage Loa Origiator (or a perso uder their supervisio, as appropriate) may cotact you to discuss your applicatio. The compay from whom you may purchase a maufactured home ad its sales cosultats may assist you with matters associated with the sales trasactio for example, the type of home to purchase, optios, site improvemets, sales features that may impact your fiacig optios, etc. If you have ay questios about your credit applicatio, please cotact oe of Triad s licesed Mortgage Loa Origiators listed below: Mortgage Loa Origiator NMLS # MLOs Licesed i the Followig States Phoe Number Triad Fiacial Services, Ic Philip Acosta AZ, CA, NM, OR, WA Susa Adamso IA, IN, KY, MO, ND, NY, OH, SD, VA, WI, WV Erik Burriss FL, IA, ID, IL, KS, KY, MD, MI, MN, MT, NE, NJ, NY, OH, PA, SD, VA, VT, WV, WY Thomas Athoy Glass FL Dea Hogge AR, CO, GA, LA, MS, OK, SC, TN Lida McMilla DE, IA, IN, KY, MD, MI, MN, ND, NY, OH, SD, WI, WV Zachary Meier CO, FL, GA, IL, IN, KY, MI, MN, MO, NE, NY, OH, PA, TX, UT, VA, WV, WY Lida Pearso AL, AR, AZ, FL, GA, LA, MS, NC, NM, OK, TN, TX Cody Rig AL, AR, CO, FL, GA, IL, IN, KS, KY, LA, MS, NC, NM, OH, OK, SC, TN, TX, WV Michael Tolbert AZ, CA, NM, OR, WA Velma Williams DE, ID, IL, KS, KY, MI, MO, MT, ND, NE, NJ, NY, PA, WV, WY Margaret York FL, NC, OK, TX, UT Additioal iformatio o Triad Fiacial Services, Ic. s compay, braches, ad idividual Mortgage Loa Origiator liceses ca be obtaied by visitig By sigig below, you ackowledge that you have read ad uderstood the details provided, ad also coset to Triad sharig its credit decisio ad other ecessary iformatio for the purpose of facilitatig your maufactured home purchase. You also ackowledge that you have persoally completed the iformatio o the credit applicatio ad that the iformatio is complete ad accurate. Please sig below ad retai a copy for your records. Applicat s Sigature Date Applicat s Sigature Date Applicat s Sigature Date Applicat s Sigature Date This addedum is a part of Triad Fiacial Services, Ic. s credit applicatio ad must accompay the credit applicatio i order for it to be accepted. Effective For Your Customer. For You. For More Tha 50 Years Pablo Oaks Court Jacksoville, FL (fax)