Educators Financial Group. Mortgages Refinance/Port Mortgage Application

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Esther Stafford
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1 1. PURPOSE OF APPLICATION Port/Purchase Refinance(Equity Take Out/Debt Consolidation/Investments) Educators Financial Group Educators Financial Group Fax: Name Phone number ex: Last Name: 2. APPLICANT INFORMATION First Name: Date of Birth (mm/dd/yy) : / / S.I.N.: Marital Status (check one) Married Common law Single Divorced Separated Widowed Other Home Tel ( ) Work Tel ( ) Cell Tel ( ) address: Current Apartment/ Current Rent Own How long? _/months 3. EMPLOYMENT INFORMATION Are you self employed: no yes Type of employment: Full time part time seasonal Current Employer: Telephone No.( ) Fax No. ( ) Position: How long? years Annual Income is Salary Commission Hourly Contract Previous Employer:(if less than 2 years with current employer) Position: Annual Income How long? Other Income Last Name: Date of Birth (mm/dd/yy) : / / Type (e.g. rental/support)_ 4. CO-APPLICANT/GUARANTOR APPLICANT INFORMATION First Name: S.I.N.: Marital Status (check one) Married Common law Single Divorced Separated Widowed Other Home Tel ( ) Work Tel ( ) Cell Tel ( ) address: Current Apartment/ Current Own How long? _ 5. EMPLOYMENT INFORMATION Are you self employed: no yes Type of employment: Full time part time seasonal Current Employer: Telephone No.( ) Fax No. ( ) Position: How long? years Annual Income is Salary Commission Hourly Contract Previous Employer:(if less than 2 years with current employer) Position: Annual Income How long? Other Income Type (e.g. rental/support)_

_/months 3. EMPLOYMENT INFORMATION Are you self employed: no yes Type of employment: Full time part time seasonal Current Employer: Telephone No.( ) Fax No. ( ) Position: How long?

2 Mortgage is with: ( Name) Other mortgage is with: ( Name) 6. DETAILS OF CURRENT MORTGAGE Term of other mortgage Closed Open Maturity date mm/dd/yy / / 7. DETAILS OF ANY OTHER MORTGAGES Term of other mortgage Maturity date mm/dd/yy Closed Open / / Is it insured? yes no CMHC GE OTHER Is it insured? yes no CMHC GE OTHER Property value Mortgage Amount 8. CURRENT/NEW PROPERTY DETAILS Purchase amount Down payment Source of Down payment: Gift Savings Will be occupied by Closing date MLS listing # Applicant Applicant and tenant Dwelling Type: Detached Semi-detached Duplex Triplex Row Condominium Number of units: Address of new property: Apartment/Unit No. Street City Province Postal Code Property Taxes Tenure Freehold leasehold condo 5 year Adjustable Rate Mortgage Fixed rate term Monthly Condo Fees Livable Area sq NOTE: Not all Paradigm Quest Inc/Educators Financial Group programs include all of the above noted product types. See Educators Financial Group Mortgages Product & Policy guide for details. New construction Existing property structure age sq Heating type Attached garage yes no 9. PRODUCT SELECTION Please make a selection Fixed Rate Closed Amortization Terms 25 1 year term 30 3 year term (<80%LTV Only) 5 year term 7 year term 10 year term Lot size Payment frequency Weekly accelerated Bi-weekly accelerated Monthly Semi-Monthly (1 st and 15 th of the month) Semi-Monthly (2 nd and 16th of the month) Additional Notes: Program Applied For: Name and Address of your Solicitor 10. SOLICITOR INFORMATION Do you have any executions or judgements filed against you? yes no Have you ever declared bankruptcy? yes no Telephone Number: ( ) If yes, date of discharge mm/dd/yy: / / Fax Number: ( )

CURRENT/NEW PROPERTY DETAILS Purchase amount Down payment Source of Down payment: Gift Savings Will be occupied by Closing date MLS listing # Applicant Applicant and tenant Dwelling Type: Detached

3 11. FNF (FIDELITY NATIONAL FINANCIAL) CLOSING SERVICE Educators Financial Group mortgages has assigned your (Refinance or Port) to the FNF Closing Service as per your request. The following documents are required before we provide them with instructions: A signed copy of the Educators Financial Group Client Authorization Form. A current copy of the Fire Insurance Policy for the property confirming coverage in an amount at least equal to the replacement cost. Legal description for the property. The most recent copy of the mortgage statement confirming the outstanding balance on existing mortgage. Principal Residence Other Real Estate Chequing / Savings Accounts Mutual Funds Stocks, Bonds, GIC RRSP Life Insurance (cash value) Autos Other Assets ASSETS Current Value Address Company 12. MAIN APPLICANT FINANCIAL INFORMATION LIABILITIES Monthly Balance Payment Mortgage on Principal Residence Other Mortgages (fill in section F) Property Taxes Line of Credit MasterCard Visa Other Credit Cards Other Credit Cards Auto Loan Personal Loans Student/RSP Loans Alimony/Child Support TOTAL ASSETS TOTAL LIABILITIES 13. CO-APPLICANT FINANCIAL INFORMATION ASSETS LIABILITIES Monthly Balance Payment Current Value Mortgage on Principal Residence Principal Residence Other Real Estate Address Other Mortgages (Fill in Section F) Chequing / Savings Accounts Mutual Funds Stocks, Bonds, GIC RRSP Life Insurance (cash value) Autos Other Assets TOTAL ASSETS Company Property Taxes Line of Credit MasterCard Visa Other Credit Cards Other Credit Cards Auto Loan Personal Loans Student/RSP Loans Alimony/Child Support TOTAL LIABILITIES

A current copy of the Fire Insurance Policy for the property confirming coverage in an amount at least equal to the replacement cost. Legal description for the property.

4 AUTHORIZATION I/We warrant and confirm that the information given in the mortgage application form is true and correct and I/we understand that it is being used to determine my/our credit responsibility. You are authorized to obtain any information you may require relative to this application from any sources to which you may apply and each such source is hereby authorized to provide you with such information. You are furthermore authorized to disclose, in response to direct inquiries from any other lender or credit bureau, such information on my loaning account as you consider appropriate, and I/we agree to indemnify you against and save you harm from any and all claims in damages or otherwise arising from such disclosure on your part. You are also authorized to retain the application whether or not the relative mortgage is approved. Dated at (city) this day of, 20. Main Applicant PHOTO ID COPY ENCLOSED Drivers licence Passport Co-applicant Citizenship card 14. CONSENT TO CREDIT BUREAU INQUIRY This application/loan is subject to cancellation at Paradigm Quest s sole option should any of the following occur: If there has been any material change to the applicant s financial status as disclosed in the loan/application or if there have been any unapproved material changes to the mortgages premises that adversely affect the value thereof. Any misrepresentation of facts contained in this loan/application or other documentation entitles the lender to decline to advance any portion or all of the loan proceeds, or to demand immediate repayment of all monies secured by the mortgage. I/We hereby authorize Paradigm Quest, its successors and/or assigns, to make whatever credit/payoff inquiries it deems necessary in connection with my/our credit application or in the course of the review or collection of any credit extended in reliance on this loan/application. I/We hereby authorize any person or consumer reporting agency to compile and furnish any information it may have or obtain in response to such credit inquiries. I/We hereby authorize this document and the appended loan/application to be reproduced by a copy machine to facilitate multiple credit and payoff inquiries. Signed at on the day of 200 Applicant Co Applicant Co Applicant

You are authorized to obtain any information you may require relative to this application from any sources to which you may apply and each such source is hereby authorized to provide you with such

5 15. Your written Request Thank you so much for the opportunity to serve you and for choosing us!!

Application Form. Personal Information. Full Name. Full Address. Residential Status Own / Rent Time at Residence. Email.

Application Form. Personal Information. Full Name. Full Address. Residential Status Own / Rent Time at Residence. Email. Application Form Personal Information Full Name Full Address Residential Status Own / Rent Time at Residence Work Phone Home Phone Cell Phone Fax Number Email Marital Status Date of Birth # of Children