UKRAINIAN SELFRELIANCE FCU HOME EQUITY LOANS CHECK LIST (Fixed Term Home Equity Loans and Home Equity Line of Credit) return to menu Name: Account Number: PLEASE SUPPLY ALL CHECKED ITEMS. (Additional documentation may be requested) 1 X A completed Loan Liner Application. 2 X Interest Rate Lock Agreement. 3 Copy of a non-expired, Government Issued, photo identification; Example: Drivers License, Passport or Green Card 4 X Signed Credit Report Inquiry Release 5 X Application Fee - $200 6 X Mortgage and Judgment Search - $75 7 X Appraisal: Drive-by - $200, Full - $325, Duplex - $450 (Surcharge may apply to non-philadelphia, PA properties) 8 X Copies of the last two years signed Income Tax Returns (Including all schedules, W-2 s and 1099 s). 9 X IRS FORM 4506-T: Request for Transcript of Tax Return 10 X Bank Statements for the last two months (Savings,Checking,CDs,Money Market,Stocks,Bonds,etc.) 11 X Self-employed individuals must provide copies of three years Income Tax Returns (Including all schedules, W-2 s and 1099 s). 12 X Income: W2 wage earner: Provide last three pay stubs Social Security income: Provide current Social Security statement Retirement income: Provide current statement of retirement pension Rental income: Provide current lease(s) and 3 month history of rental income deposits. 13 Verification of Employment. 14 X Copy of Deed. 15 X Hom eowner s insurance. 16 Flood insurance (if applicable). 17 Term ite Inspection. 18 Copy of paid Real Estate Taxes (statement and receipt). 19 Title insurance fees may apply. 20 Recording and Satisfaction fees may apply Loan department fax number: 215-725-2074 Please be advised that all parties to be listed on the deed must be listed on the application and be present at settlement.
UKRAINIAN SELFRELIANCE FEDERAL CREDIT UNION 1729 Cottman Avenue Philadelphia, PA 19111 Return completed application to credit union An incomplete or unsigned application may delay processing Individual Credit: You must complete the Applicant section about yourself and the Other section about your spouse if: 1. You live in or the property pledged as collateral is located in a community property state (AK, AZ, CA, ID, LA, NM, NV, TX, WA, WI). 2. Your spouse will use the account, or 3. You are relying on your spouse's income as a basis for repayment. If you are relying on income from alimony, child support, or separate maintenance, complete the Other section to the extent possible about the person on whose payments you are relying. Joint Credit: Each applicant must individually complete the appropriate section below. If Co-Borrower is spouse of the Applicant, mark the Co-Applicant box. Amount Requested $ Account Number: Purpose/Collateral Applicant Other: Co-Applicant Spouse Guarantor NAME (Last - First - Initial) MOTHER'S MAIDEN NAME NAME (Last - First - Initial) MOTHER'S MAIDEN NAME ACCOUNT NUMBER SOCIAL SECURITY NUMBER ACCOUNT NUMBER SOCIAL SECURITY NUMBER DRIVER'S LICENSE NUMBER / STATE LIST AGES OF DEPENDENTS NOT LISTED BY OTHER APPLICANT (Exclude self) DRIVER'S LICENSE NUMBER / STATE LIST AGES OF DEPENDENTS NOT LISTED BY OTHER APPLICANT (Exclude self) BIRTH HOME PHONE BUSINESS PHONE/EXT. BIRTH HOME PHONE BUSINESS PHONE/EXT. E-MAIL ADDRESS E-MAIL ADDRESS PRESENT ADDRESS (Street - City - State - Zip) OWN RENT PRESENT ADDRESS (Street - City - State - Zip) OWN RENT YEARS AT THIS ADDRESS YEARS AT THIS ADDRESS PREVIOUS ADDRESS (Street - City - State - Zip) OWN RENT PREVIOUS ADDRESS (Street - City - State - Zip) OWN RENT YEARS AT THIS ADDRESS YEARS AT THIS ADDRESS COMPLETE FOR JOINT CREDIT, SECURED CREDIT, OR IF YOU LIVE IN A COMMUNITY PROPERTY STATE: COMPLETE FOR JOINT CREDIT, SECURED CREDIT, OR IF YOU LIVE IN A COMMUNITY PROPERTY STATE: MARRIED SEPARATED UNMARRIED (Single - Divorced - Widowed) Employment/Income NAME AND ADDRESS OF EMPLOYER MARRIED SEPARATED UNMARRIED (Single - Divorced - Widowed) Employment/Income NAME AND ADDRESS OF EMPLOYE TITLE/GRADE START HOURS AT WORK TITLE/GRADE START HOURS AT WORK SUPERVISOR'S NAME IF SELF EMPLOYED, TYPE OF BUSINESS SUPERVISOR'S NAME IF SELF EMPLOYED, TYPE OF BUSINESS
OTICE: ALIMONY, CHILD SUPPORT, OR SEPARATE MAINTENANCE INCOME NEED NOT BE EVEALED IF YOU DO NOT CHOOSE TO HAVE IT CONSIDERED NOTICE: ALIMONY, CHILD SUPPORT, OR SEPARATE MAINTENANCE INCOME NEED NOT BE REVEALED IF YOU DO NOT CHOOSE TO HAVE IT CONSIDERED EMPLOYMENT INCOME OTHER INCOME EMPLOYMENT INCOME OTHER INCOME $ PER $ PER $ PER $ PER NET GROSS SOURCE NET GROSS SOURCE MILITARY: IS DUTY STATION TRANSFER EXPECTED DURING NEXT YEAR? YES NO MILITARY: IS DUTY STATION TRANSFER EXPECTED DURING NEXT YEAR? WHERE ENDING/SEPARATION WHERE ENDING/SEPARATION YES NO PREVIOUS EMPLOYER NAME AND ADDRESS IF EMPLOYED LESS THAN FIVE EARS STARTING PREVIOUS EMPLOYER NAME AND ADDRESS IF EMPLOYED LESS THAN FIVE YEARS STARTING ATE pplicant Reference AME AND ADDRESS F NEAREST ELATIVE NOT IVING WITH YOU RELATIONSHIP HOME PHONE ENDING Other Reference NAME AND ADDRESS OF NEAREST RELATIVE NOT LIVING WITH YOU RELATIONSHIP HOME PHONE ENDING What You Owe RENT FIRST MORTGAGE (INCLUDE TAX AND INS.) CREDITOR NAME OTHER THAN THIS CREDIT UNION (Attach additional sheet (s) if necessary) INTEREST PRESENT MONTHLY OWED BY RATE BALANCE PAYMENT Applicant Other. $ $.. 2nd MORTGAGE.. $ $.. 1st AUTO LOAN.. $ $.. 2nd AUTO LOAN.. $ $.. CHILD-CARE.. $ $.. CHILD SUPPORT.. $ $.. CREDIT CARD.. $ $.. CREDIT CARD.. $ $.. OTHER.. $ $.. OTHER.. $ $.. LIST ANY NAMES UNDER WHICH YOUR CREDIT REFERENCES AND CREDIT HISTORY CAN BE CHECKED: TOTALS $ $.. What You Own LIST LOCATION OF PROPERTY OR FINANCIAL INSTITUTION MARKET VALUE PLEDGED AS COLLATERAL FOR ANOTHER LOAN HOME $ YES NO OWED BY Applicant Other AUTO $ YES NO SAVINGS $ YES NO CHECKING $ YES NO OTHER (Describe) $ YES NO Other Information About You IF YOU ANSWER "YES" TO ANY QUESTION OTHER THAN #1, EXPLAIN ON AN ATTACHED SHEET APPLICANT OTHER 1. ARE YOU A U.S. CITIZEN OR PERMANENT RESIDENT ALIEN? YES NO YES NO
2. DO YOU CURRENTLY HAVE ANY OUTSTANDING JUDGMENTS OR HAVE YOU EVER FILED FOR BANKRUPTCY, HAD A DEBT ADJUSTMENT PLAN CONFIRMED UNDER CHAPTER 13, HAD PROPERTY FORECLOSED UPON OR REPOSSESSED IN THE LAST 7 YEARS, OR BEEN A PARTY IN A LAWSUIT? 3. IS YOUR INCOME LIKELY TO DECLINE IN THE NEXT TWO YEARS? 4. ARE YOU A CO-MAKER, CO-SIGNER OR GUARANTOR ON ANY LOAN NOT LISTED ABOVE? FOR WHOM (Name of Others Obligated on Loan): TO WHOM (Name of Creditor): State Law Notices OHIO RESIDENTS ONLY: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. WISCONSIN RESIDENTS ONLY: (1) No provision of any marital property agreement, unilateral statement under Section 766.59, or court decree under Section 766.70 will adversely affect the rights of the Credit Union unless the Credit Union is furnished a copy of the agreement statement or decree, or has actual knowledge of its terms, before the credit is granted or the account is opened. (2) Please sign if you are not applying for this account or loan with your spouse. The credit being applied for, if granted, will be incurred in the interest of the marriage or family of the undersigned. X SIGNATURE FOR WISCONSIN RESIDENTS ONLY SIGNATURES 1. You promise that everything you have stated in this application is correct to the best of your knowledge and that the above information is a complete listing of what you owe. If there are any important changes you will notify us in writing immediately. You authorize the Credit Union to obtain credit reports in connection with this application for credit and for any update, increase, renewal, extension, or collection of the credit received. You understand that the Credit Union will rely on the information in this application and your credit report to make its decision. If you request, the Credit Union will tell you the name and address of any credit bureau from which it received a credit report on you. It is a federal crime to willfully and deliberately provide incomplete or incorrect information on loan applications made to federal credit unions or state chartered credit unions insured by NCUA. 2. If you are applying for a credit card, you understand that the use of your card will constitute acknowledgment of receipt and agreement to the terms of the credit card agreement and disclosures. You grant us a security interest in all individual and joint share and/or deposit accounts you have with us now and in the future to secure your credit card account. When you are in default, you authorize us to apply the balance in these accounts to any amounts due. Shares and deposits in an Individual Retirement Account, and any other account that would lose special tax treatment under state or federal law if given as security, are not subject to the security interest you have given in your shares and deposits. X APPLICANT'S SIGNATURE X OTHER SIGNATURE
Ukrainian Selfreliance Federal Credit Union Interest Rate Lock Borrower's Name(s) Property Address Account Number Rate Lock Date Loan Term Loan Amount Interest Rate Expiration Date The mortgage interest rate lock options available at Ukrainian Selfreliance FCU are listed below. These options allow the Borrower to lock the interest rate for 60, 90, or 120 days from the rate lock date or to float the interest rate. This Interest Rate Lock is an agreement between Ukrainian Selfreliance FCU and the borrower. This agreement specifies the number of days and a loan's interest rate, which will be guaranteed by Ukrainian Selfreliance FCU. Should interest rates rise, and your loan conditions met, Ukrainian Selfreliance FCU is obligated to honor the rate locked. Should interest rates decrease, the interest rate for the loan is the rate seven (7) calendar days prior to the closing date. RATE LOCK OPTIONS (Please initial one) (Initial) 60 DAY RATE LOCK (Free) The Borrower chooses to lock the interest rate of the loan for up to 60 days from the rate lock date indicated above. (Initial) 90 DAY RATE LOCK (.125% - minimum $150.00) Lock the interest rate of the loan for up to 90 days from the rate lock date indicated above. There is a rate lock fee associated with this option, due immediately. (Initial) 120 DAY RATE LOCK (.25% - minimum $250.00) Lock the interest rate of the loan for up to 120 days from the rate lock date indicated above. There is a rate lock fee associated with this option, due immediately. Borrower understands that if the closing does not occur within the locked period, for any reason what-soever, the interest rate for the loan is the rate seven (7) calendar days prior to the closing date. The undersigned has read this rate lock agreement and has verified that it is accurate. This agreement is effective upon signed acceptance by an authorized employee of Ukrainian Selfreliance Federal Credit Union. This agreement does not constitute a loan commitment or approval and has no impact upon the loan decision process. This Agreement, if mailed, and fee, must be received and processed by Ukrainian Selfreliance Federal Credit Union within seven (7) calendar days of the "rate lock date" cited above or it shall be null and void. Rate Lock Fee Is Non-Refundable Borrower's Signature Date Co-Borrower's Signature Date Accepted: Ukrainian Selfreliance Federal Credit Union Date
Ukrainian Selfreliance Federal Credit Union CREDIT REPORT INQUIRY RELEASE I certify that all information given in this application and on any attachment, both written or printed is true and correct to the best of my knowledge, and represents my current financial conditions accurately, and that I have no other debts other than those stated. It is agreed that the application shall be the property of the credit union whether or not this loan is granted. If there are important changes, I will notify the credit union in writing immediately. I understand that my false statements, or willful overvaluation of any land, property or security, for the purpose of influencing in any way the action of any Federal Credit Union upon any loan application, is a violation of Section 1014, Title 18, U.S. Code. I authorize the credit union to gather whatever credit information that is considered necessary to appropriate. In considering this application, the credit committee/loan officer may request, and use a report from outside credit report agencies. They may also ask a reporting agency or agencies for other such reports in connection with renewal or continuation of the credit for which I/we are applying. I authorize the credit union to give information concerning its credit experience with myself to others. If this application is signed by more than one person, the word "I" shall mean all those who sign the application. x Applicant's Signature Date x Spouse/Co-Applicant Signature Date x Witness