Uniform Residential Loan Application

Transcription

1 Uniform Residential Loan Application This application is designed to be completed by the applicant(s) with the Lender s assistance. Applicants should complete this form as or, as applicable. information must also be provided (and the appropriate box checked) when the income or assets of a person other than the (including the s spouse) will be used as a basis for loan qualification or the income or assets of the s spouse or other person who has community property rights pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and resides in a community property state, the security property is located in a community property state, or the is relying on other property located in a community property state as a basis for repayment of the loan. If this is an application for joint credit, and each agree that we intend to apply for joint credit (sign below): Mortgage Applied for: Amount VA Conventional Other (explain): FHA USDA/Rural Housing Service Interest Rate Subject Property Address (street, city, state & ZIP) Legal Description of Subject Property (attach description if necessary) Purpose of Loan Purchase Construction Other (explain): Refinance Construction-Permanent % I. TYPE OF MORTGAGE AND TERMS OF LOAN Agency Case Number No. of Months Amortization Type: Fixed Rate GPM II. PROPERTY INFORMATION AND PURPOSE OF LOAN SECTION I. TYPE OF MORTGAGE AND TERMS OF LOAN In this section, identify if this is a Conventional, DVA, FHA, USDA/Rural, or Other type of mortgage for which is being applied. Other may include sub-prime/portfolio lenders. Other (explain): ARM (type): Lender Case Number No. of Units Year Built Property will be: Primary Residence Secondary Residence Investment Complete this line if construction or construction-permanent loan. Year Lot Amount Existing Liens (a) Present Value of Lot (b) Cost of Improvements If you are using Desktop Underwriting (DU ), which is FNMAs Complete this line if this is a refinance loan. underwriting software, you will want to assign a Lender Case Year Amount Existing Liens Purpose of Refinance Describe Improvements Number. You or your company can choose this number; however, without a number, DU will not process your application properly Cost: for automatic underwriting. Title will be held in what Name(s) Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) s Name (include Jr. or Sr. if applicable) Social Security Number Married Separated Manner in which Title will be held Include the amount of the mortgage for which the consumer is applying; the anticipated interest rate; and the number of months to which the loan will be termed, which will usually be 360 for a 30-year mortgage, or 240 for a 20-year mortgage, etc. Total (a + b) III. BORROWER INFORMATION Home Phone s Name (include Jr. or Sr. if applicable) DOB (mm/dd/yyyy) Yrs. School Social Security Number Home Phone The Amortization Type identifies if the loan will be fixed rate, an Unmarried (include Dependents (not listed by ) Married adjustable single, divorced, rate widowed) mortgage (ARM), graduated payment Separated mortgage (GPM) or Other. Unmarried (include single, divorced, widowed) made DOB (mm/dd/yyyy) to be made Estate will be held in: Fee Simple Leasehold (show expiration date) Dependents (not listed by ) Present Address (street, city, state, ZIP) Own Rent No. Yrs. Present Address (street, city, state, ZIP) Own Rent No. Yrs. Yrs. School If residing at present address for less than two years, complete the following: Former Address (street, city, state, ZIP) Own Rent No. Yrs. Former Address (street, city, state, ZIP) Own Rent No. Yrs. IV. EMPLOYMENT INFORMATION If employed in current position for less than two years or if currently employed in more than one position, complete the following: Freddie Mac Form 65 7/05 Page 1 of 5 Fannie Mae Form /05

2 Uniform Residential Loan Application This application is designed to be completed by the applicant(s) with the Lender s assistance. Applicants should complete this form as or, as applicable. information must also be provided (and the appropriate box checked) when the income or assets of a person other than the (including the s spouse) will be used as a basis for loan qualification or the income or assets of the s spouse or other person who has community property rights pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and resides in a community property state, the security property is located in a community property state, or the is relying on other property located in a community property state as a basis for repayment of the loan. If this is an application for joint credit, and each agree that we intend to apply for joint credit (sign below): Mortgage Applied for: Amount VA Conventional Other (explain): FHA USDA/Rural Housing Service Interest Rate Subject Property Address (street, city, state & ZIP) % I. TYPE OF MORTGAGE AND TERMS OF LOAN Agency Case Number No. of Months Amortization Type: Fixed Rate GPM II. PROPERTY INFORMATION AND PURPOSE OF LOAN Other (explain): ARM (type): Lender Case Number No. of Units Legal Description of Subject Property (attach description if necessary) Year Built Purpose of Loan Purchase Construction Other (explain): Refinance Construction-Permanent Property will be: Primary Residence Secondary Residence Investment Complete this line if construction or construction-permanent loan. Year Lot Amount Existing Liens (a) Present Value of Lot (b) Cost of Improvements Total (a + b) Complete this line if this is a refinance loan. Year Amount Existing Liens Purpose of Refinance Describe Improvements made to be made Cost: Title will be held in what Name(s) Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) Manner in which Title will be held Estate will be held in: Fee Simple Leasehold (show expiration date) s Name (include Jr. or Sr. if applicable) III. BORROWER INFORMATION SECTION II. PROPERTY INFORMATION AND PURPOSE OF LOAN s Name (include Jr. or Sr. if applicable) Social Security Number Married Separated Home Phone Unmarried (include single, divorced, widowed) DOB (mm/dd/yyyy) Yrs. School Social Security Number Home Phone Identify the full subject property address. Indicate how many units are included with this address. A single-family home is one unit; a duplex is two units, etc. Dependents (not listed by ) Married Separated Unmarried (include single, divorced, widowed) DOB (mm/dd/yyyy) Yrs. School Dependents (not listed by ) Present Address (street, city, state, ZIP) Own Rent No. Yrs. Present Address (street, city, state, ZIP) Own Rent No. Yrs. Identify the legal description and verify that it EACTLY matches the description at the county recorders office, including the year of construction. If residing at present address for less than two years, complete the following: Former Address (street, city, state, ZIP) Own Rent No. Yrs. Former Address (street, city, state, ZIP) Own Rent No. Yrs. Indicate the purpose of the loan and occupancy. Indicate if the loan is for new construction, construction-permanent loan or refinance. IV. EMPLOYMENT INFORMATION Identify how the borrowers will hold title. The way names are written on the purchase agreement is how they should appear on the title. If employed in current position for less than two years or if currently employed in more than one position, complete the following: In most cases, Estate will be held in Fee Simple. Indicate the source of down payment, Settlement Charges and/or Subordinate Financing. Freddie Mac Form 65 7/05 Page 1 of 5 Fannie Mae Form /05

3 Uniform Residential Loan Application This application is designed to be completed by the applicant(s) with the Lender s assistance. Applicants should complete this form as or, as applicable. information must also be provided (and the appropriate box checked) when the income or assets of a person other than the (including the s spouse) will be used as a basis for loan qualification or the income or assets of the s spouse or other person who has community property rights pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and resides in a community property state, the security property is located in a community property state, or the is relying on other property located in a community property state as a basis for repayment of the loan. If this is an application for joint credit, and each agree that we intend to apply for joint credit (sign below): Mortgage Applied for: Amount VA Conventional Other (explain): FHA USDA/Rural Housing Service Interest Rate Subject Property Address (street, city, state & ZIP) % I. TYPE OF MORTGAGE AND TERMS OF LOAN Agency Case Number No. of Months Amortization Type: Fixed Rate GPM II. PROPERTY INFORMATION AND PURPOSE OF LOAN Other (explain): ARM (type): Lender Case Number No. of Units Legal Description of Subject Property (attach description if necessary) Year Built SECTION III. BORROWER INFORMATION Purpose of Loan Purchase Construction Other (explain): Refinance Construction-Permanent Property will be: Primary Residence Secondary Residence Investment Complete this line if construction or construction-permanent loan. Year Lot Complete this line if this is a refinance loan. Year Complete all sections. If there is a co-borrower, complete that section Amount Existing Liens (a) Present Value of Lot also. Note that there is a section for Present Address and for Mailing Address. In most cases, those would be the same; however, give the borrower Original the Cost option of Amount receiving Existing Liens correspondence Purpose of Refinance from another Describe address, Improvements if they so choose. (b) Cost of Improvements Total (a + b) made to be made Title will be held in what Name(s) Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) Cost: It is important to account for two years of residence in this section. Identify all properties at which the borrower(s) have resided for the most recent two-year time period. Manner in which Title will be held Estate will be held in: Fee Simple Leasehold (show expiration date) s Name (include Jr. or Sr. if applicable) III. BORROWER INFORMATION s Name (include Jr. or Sr. if applicable) Social Security Number Home Phone DOB (mm/dd/yyyy) Yrs. School Social Security Number Home Phone DOB (mm/dd/yyyy) Yrs. School Married Separated Unmarried (include single, divorced, widowed) Dependents (not listed by ) Married Separated Unmarried (include single, divorced, widowed) Dependents (not listed by ) Present Address (street, city, state, ZIP) Own Rent No. Yrs. Present Address (street, city, state, ZIP) Own Rent No. Yrs. If residing at present address for less than two years, complete the following: Former Address (street, city, state, ZIP) Own Rent No. Yrs. Former Address (street, city, state, ZIP) Own Rent No. Yrs. IV. EMPLOYMENT INFORMATION If employed in current position for less than two years or if currently employed in more than one position, complete the following: Freddie Mac Form 65 7/05 Page 1 of 5 Fannie Mae Form /05

4 Uniform Residential Loan Application This application is designed to be completed by the applicant(s) with the Lender s assistance. Applicants should complete this form as or, as applicable. information must also be provided (and the appropriate box checked) when the income or assets of a person other than the (including the s spouse) will be used as a basis for loan qualification or the income or assets of the s spouse or other person who has community property rights pursuant to state law will not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and resides in a community property state, the security property is located in a community property state, or the is relying on other property located in a community property state as a basis for repayment of the loan. If this is an application for joint credit, and each agree that we intend to apply for joint credit (sign below): Mortgage Applied for: Amount VA Conventional Other (explain): FHA USDA/Rural Housing Service Interest Rate Subject Property Address (street, city, state & ZIP) % I. TYPE OF MORTGAGE AND TERMS OF LOAN Agency Case Number No. of Months Amortization Type: Fixed Rate GPM II. PROPERTY INFORMATION AND PURPOSE OF LOAN Other (explain): ARM (type): Lender Case Number No. of Units Legal Description of Subject Property (attach description if necessary) Year Built Purpose of Loan Purchase Construction Other (explain): Refinance Construction-Permanent Property will be: Primary Residence Secondary Residence Investment Complete this line if construction or construction-permanent loan. Year Lot Amount Existing Liens (a) Present Value of Lot (b) Cost of Improvements Total (a + b) Complete this line if this is a refinance loan. Year Amount Existing Liens Purpose of Refinance Describe Improvements made to be made Cost: Title will be held in what Name(s) Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) Manner in which Title will be held Estate will be held in: Fee Simple Leasehold (show expiration date) s Name (include Jr. or Sr. if applicable) III. BORROWER INFORMATION s Name (include Jr. or Sr. if applicable) SECTION IV. EMPLOYMENT INFORMATION Social Security Number Home Phone DOB (mm/dd/yyyy) Yrs. School Social Security Number Home Phone DOB (mm/dd/yyyy) Yrs. School As it was with the residence history, you must also identify the most Married Unmarried (include Dependents (not listed by ) Married Unmarried (include Separated single, divorced, widowed) Separated single, divorced, widowed) recent two years employment history. If there are timeframes where there is no employment, you may need to ask the borrower to provide a letter of explanation. In most cases, if the borrower was in school for the field in which they now are employed, lenders may allow the school time as credit for part of the most recent two years employment history. Dependents (not listed by ) Present Address (street, city, state, ZIP) Own Rent No. Yrs. Present Address (street, city, state, ZIP) Own Rent No. Yrs. If residing at present address for less than two years, complete the following: Former Address (street, city, state, ZIP) Own Rent No. Yrs. Former Address (street, city, state, ZIP) Own Rent No. Yrs. IV. EMPLOYMENT INFORMATION If employed in current position for less than two years or if currently employed in more than one position, complete the following: Freddie Mac Form 65 7/05 Page 1 of 5 Fannie Mae Form /05

5 IV. EMPLOYMENT INFORMATION (cont d) Self Employed s (from to) Self Employed s (from to) Self Employed s (from to) Self Employed s (from to) V. MONTHLY INCOME AND COMBINED HOUSING EPENSE INFORMATION Gross Total Base Empl. Income* Rent Combined Monthly Housing Expense Present Proposed Overtime First Mortgage (P&I) Bonuses Commissions Dividends/Interest Net Rental Income Other Financing (P&I) Hazard Insurance Real Estate Taxes Mortgage Insurance Other (before completing, Homeowner Assn. Dues see the notice in describe other income, below) O ther: Total Total * Self Employed (s) may be required to provide additional documentation such as tax returns and financial statements. Describe Other Income B/C Notice: Alimony, child support, or separate maintenance income need not be revealed if the (B) or (C) does not choose to have it considered for repaying this loan. Monthly Amount VI. ASSETS AND LIABILITIES This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried s if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the section was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that spouse or other person also. Completed Jointly Not Jointly Description Cash deposit toward purchase held by: ASSETS Cash or Market Value Liabilities and Pledged Assets. List the creditor s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities, which will be satisfied upon sale of real estate owned or upon refinancing of the subject property. List checking and savings accounts below LIABILITIES Monthly Payment & Months Left to Pay Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Unpaid Balance Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Freddie Mac Form 65 7/05 Page 2 of 5 Fannie Mae Form /05

6 IV. EMPLOYMENT INFORMATION (cont d) Self Employed s (from to) Self Employed s (from to) V. MONTHLY INCOME AND COMBINED HOUSING EPENSE INFORMATION Gross Total Base Empl. Income* Rent SECTION V. MONTHLY INCOME AND COMBINED HOUSING EPENSE INFORMATION Be sure to accurately calculate income pursuant to your lender s underwriting guidelines. Note that if the borrower is Self self-employed, Employed s (from to) the borrower Name & Address may of Employer be required to provide Self Employed additional documentation to prove income, such as tax returns and/or financial statements. Commonly, lenders will require the average income reported of the most recent two years history of self-employment, overtime, bonuses, and commissions. s (from to) Combined Monthly Housing Expense Present Proposed Overtime First Mortgage (P&I) Bonuses Commissions Dividends/Interest Net Rental Income Other Financing (P&I) Hazard Insurance Real Estate Taxes Mortgage Insurance Other (before completing, Homeowner Assn. Dues see the notice in describe other income, below) O ther: Total Total * Self Employed (s) may be required to provide additional documentation such as tax returns and financial statements. Describe Other Income B/C Notice: Alimony, child support, or separate maintenance income need not be revealed if the (B) or (C) does not choose to have it considered for repaying this loan. Monthly Amount VI. ASSETS AND LIABILITIES This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried s if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the section was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that spouse or other person also. Completed Jointly Not Jointly Description Cash deposit toward purchase held by: ASSETS Cash or Market Value Liabilities and Pledged Assets. List the creditor s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities, which will be satisfied upon sale of real estate owned or upon refinancing of the subject property. List checking and savings accounts below LIABILITIES Monthly Payment & Months Left to Pay Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Unpaid Balance Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Freddie Mac Form 65 7/05 Page 2 of 5 Fannie Mae Form /05

7 IV. EMPLOYMENT INFORMATION (cont d) Self Employed s (from to) Self Employed s (from to) Self Employed s (from to) Self Employed s (from to) V. MONTHLY INCOME AND COMBINED HOUSING EPENSE INFORMATION Gross Total Base Empl. Income* Rent Combined Monthly Housing Expense Present Proposed Overtime First Mortgage (P&I) Bonuses Commissions Dividends/Interest Net Rental Income Other Financing (P&I) Hazard Insurance Real Estate Taxes Mortgage Insurance Other (before completing, Homeowner Assn. Dues see the notice in describe other income, below) O ther: Total Total Describe Other Income B/C SECTION VI. ASSETS AND LIABILITIES Assets and liabilities are detailed in this section. Be sure to credit the borrower * Self Employed for (s) any earnest may be required money to provide provided additional documentation in a purchase such tax returns transaction and financial statements. in the first box of the assets section titled Cash deposit toward purchase held by: where you would then indicate who is holding the earnest money in trust and how much. Your processor may require a canceled check or other proof of payment of the earnest money. Notice: Alimony, child support, or separate maintenance income need not be revealed if the (B) or (C) does not choose to have it considered for repaying this loan. Monthly Amount VI. ASSETS AND LIABILITIES This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried s if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the section was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that spouse or other person also. Completed Jointly Not Jointly Description Cash deposit toward purchase held by: ASSETS Cash or Market Value Liabilities and Pledged Assets. List the creditor s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities, which will be satisfied upon sale of real estate owned or upon refinancing of the subject property. List checking and savings accounts below LIABILITIES Monthly Payment & Months Left to Pay Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Unpaid Balance Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Freddie Mac Form 65 7/05 Page 2 of 5 Fannie Mae Form /05

8 VI. ASSETS AND LIABILITIES (cont d) Name and address of Bank, S&L, or Credit Union Name and address of Company Payment/Months Stocks & Bonds (Company name/ number & description) Name and address of Company Payment/Months Life insurance net cash value Name and address of Company Payment/Months Face amount: Subtotal Liquid Assets Real estate owned (enter market value from schedule of real estate owned) Vested interest in retirement fund Net worth of business(es) owned (attach financial statement) Automobiles owned (make and year) Alimony/Child Support/Separate Maintenance Payments Owed to: Other Assets (itemize) Job-Related Expense (child care, union dues, etc.) Total Monthly Payments Total Assets a. Net Worth (a minus b) Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.) Total Liabilities b. Property Address (enter S if sold, PS if pending sale or R if rental being held for income) Type of Property Present Market Value Amount of Mortg & Liens Gross Rental Income Mortgage Payments Insurance, Maintenance, Taxes & Misc. Net Rental Income Totals List any additional names under which credit has previously been received and indicate appropriate creditor name(s) and account number(s): Alternate Name Creditor Name Account Number VII. DETAILS OF TRANSACTION a. Purchase price If you answer Yes to any questions a through i, please use continuation sheet for explanation. b. Alterations, improvements, repairs a. Are there any outstanding judgments against you? c. Land (if acquired separately) b. Have you been declared bankrupt within the past 7 years? d. Refinance (incl. debts to be paid off) c. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years? e. Estimated prepaid items d. Are you a party to a lawsuit? VIII. DECLARATIONS Yes No Yes No f. Estimated closing costs g. PMI, MIP, Funding Fee h. Discount (if will pay) i. Total costs (add items a through h) e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment? (This would include such loans as home mortgage loans, SBA loans, home improvement loans, educational loans, manufactured (mobile) home loans, any mortgage, financial obligation, bond, or loan guarantee. If Yes, provide details, including date, name, and address of Lender, FHA or VA case number, if any, and reasons for the action.) Freddie Mac Form 65 7/05 Page 3 of 5 Fannie Mae Form /05

9 VII. DETAILS OF TRANSACTION j. Subordinate financing If you answer Yes to any questions a through i, please use continuation sheet for explanation. k. s closing costs paid by Seller l. Other Credits (explain) VIII. DECLARATIONS f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If Yes, give details as described in the preceding question. g. Are you obligated to pay alimony, child support, or separate maintenance? h. Is any part of the down payment borrowed? Yes No Yes No m. Loan amount (exclude PMI, MIP, Funding Fee financed) i. Are you a co-maker or endorser on a note? j. Are you a U.S. citizen? n. PMI, MIP, Funding Fee financed k. Are you a permanent resident alien? l. Do you intend to occupy the property as your primary residence? If Yes, complete question m below. o. Loan amount (add m & n) m. Have you had an ownership interest in a property in the last three years? p. Cash from/to (subtract j, k, l & o from i) (1) What type of property did you own principal residence (PR), second home (SH), or investment property (IP)? (2) How did you hold title to the home solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)? I. ACKNOWLEDGEMENT AND AGREEMENT Each of the undersigned specifically represents to Lender and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided SECTION in this application VII. is DETAILS true and correct as of OF the date TRANSACTION set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary dam, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured by a mortgage or deed of trust on the property described in this application; (3) property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made This for the purpose is an of obtaining overview a residential of mortgage how loan; you (5) the expect property will be the occupied financing as indicated in of this application; this transaction (6) the Lender, its servicers, successors or assigns may retain the original and/or an electronic record of this application, whether or not the Loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained to appear. in the application, Complete and I am obligated this to amend section and/or supplement to the the best information of provided your in knowledge. this application if any of the material facts that I have represented herein should change prior to closing of the Loan; (8) in the event that my payments on the Loan become delinquent, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9) ownership of the Loan and/or administration of the Loan account may be transferred with such notice as may be required by law; (10) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or warranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature. Acknowledgement. Each of the undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency. s Signature s Signature. INFORMATION FOR GOVERNMENT MONITORING PURPOSES The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage disclosure laws. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender may not discriminate either on the basis of this information, or on whether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person. If you do not wish to furnish the information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to which the lender is subject under applicable state law for the particular type of loan applied for.) BORROWER I do not wish to furnish this information CO-BORROWER I do not wish to furnish this information Ethnicity: Hispanic or Latino Not Hispanic or Latino Ethnicity: Hispanic or Latino Not Hispanic or Latino Sex: Female Male To be Completed by Interviewer This application was taken by: Face-to-face interview Mail Telephone Internet Sex: Female Male Interviewer s Name (print or type) Name and Address of Interviewer s Employer Interviewer s Signature Interviewer s Phone Number Freddie Mac Form 65 7/05 Page 4 of 5 Fannie Mae Form /05

10 VII. DETAILS OF TRANSACTION j. Subordinate financing If you answer Yes to any questions a through i, please use continuation sheet for explanation. k. s closing costs paid by Seller l. Other Credits (explain) VIII. DECLARATIONS f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If Yes, give details as described in the preceding question. g. Are you obligated to pay alimony, child support, or separate maintenance? h. Is any part of the down payment borrowed? Yes No Yes No m. Loan amount (exclude PMI, MIP, Funding Fee financed) i. Are you a co-maker or endorser on a note? j. Are you a U.S. citizen? n. PMI, MIP, Funding Fee financed k. Are you a permanent resident alien? l. Do you intend to occupy the property as your primary residence? If Yes, complete question m below. o. Loan amount (add m & n) m. Have you had an ownership interest in a property in the last three years? p. Cash from/to (subtract j, k, l & o from i) (1) What type of property did you own principal residence (PR), second home (SH), or investment property (IP)? (2) How did you hold title to the home solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)? I. ACKNOWLEDGEMENT AND AGREEMENT Each of the undersigned specifically represents to Lender and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in SECTION this application is true VIII. and correct DECLARATIONS as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary dam, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured by a mortgage or deed of trust on the property described in this application; (3) the property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for the purpose Be of sure obtaining that a residential the mortgage borrower loan; (5) the reads property will each be occupied question as indicated in this completely application; (6) the and Lender, its servicers, successors or assigns may retain the original and/or an electronic record of this application, whether or not the Loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained in answers the application, and appropriately. I am obligated to amend and/or Note: supplement If your the information borrower provided in answers this application if Yes any of the to material any facts that I have represented herein should change prior to closing of the Loan; (8) in the event that my payments on the Loan become delinquent, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to question such delinquency, a report through my name and i, account use information the continuation to one or more consumer sheet reporting agencies; (page(9) 5) ownership for of the Loan and/or administration of the Loan account may be transferred with such notice as may be required by law; (10) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or warranty, express or implied, to me regarding explanation. the property or the condition If the or value borrower of the property; and indicates (11) my transmission that of they this application are as not an "electronic U.S. record" citizens containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if and a paper are version instead of this application permanent were delivered containing resident my original aliens, written signature. ask the borrower for a Acknowledgement. Each of the undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency. s Signature s Signature. INFORMATION FOR GOVERNMENT MONITORING PURPOSES The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage disclosure laws. You investment are not required to furnish property, this information, and but are if encouraged they have to do so. owned The law provides property that a lender may in not the discriminate last either on the basis of this information, or on whether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this three lender is required years, to note and the information if so, on the how basis of they visual observation held title. and surname if you have made this application in person. If you do not wish to furnish the information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to which the lender is subject under applicable state law for the particular type of loan applied for.) BORROWER I do not wish to furnish this information CO-BORROWER I do not wish to furnish this information Ethnicity: Hispanic or Latino Not Hispanic or Latino Ethnicity: Hispanic or Latino Not Hispanic or Latino Sex: Female Male To be Completed by Interviewer This application was taken by: Face-to-face interview Mail Telephone Internet Green Card, otherwise known as the Form I-551. Fannie Mae does not require that the borrower have a Social Security Number. Also, the borrower(s) must declare if they intend to occupy the subject property as their primary residence, a second home, or Sex: Female Male Interviewer s Name (print or type) Name and Address of Interviewer s Employer Interviewer s Signature Interviewer s Phone Number Freddie Mac Form 65 7/05 Page 4 of 5 Fannie Mae Form /05

11 VII. DETAILS OF TRANSACTION j. Subordinate financing If you answer Yes to any questions a through i, please use continuation sheet for explanation. k. s closing costs paid by Seller l. Other Credits (explain) m. Loan amount (exclude PMI, MIP, Funding Fee financed) n. PMI, MIP, Funding Fee financed o. Loan amount (add m & n) p. SECTION I. ACKNOWLEDGEMENT AND AGREEMENT Cash from/to (subtract j, k, l & o from i) VIII. DECLARATIONS f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If Yes, give details as described in the preceding question. By signing this section, the borrower is making specific g. Are you obligated to pay alimony, child support, or representations to the lender and separate other maintenance? concerned parties. In h. Is any part of the down payment borrowed? part, the borrower represents the following: i. Are you a co-maker or endorser on a note? Information provided is true and accurate to the best of j. Are you a U.S. citizen? their knowledge k. Are you a permanent resident alien? The loan requested will be secured by a mortgage or deed of trust on the property described within the application The property will not be used for illegal or prohibited purposes l. Do you intend to occupy the property as your primary residence? If Yes, complete question m below. m. Have you had an ownership interest in a property in the last three years? (1) What type of property did you own principal residence (PR), second home (SH), or investment property (IP)? (2) How did you hold title to the home solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)? The property will be occupied as indicated on the application Yes No Yes No I. ACKNOWLEDGEMENT AND AGREEMENT Each of the undersigned specifically represents to Lender and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary dam, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured by a mortgage or deed of trust on the property described in this application; (3) the property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for the purpose of obtaining a residential mortgage loan; (5) the property will be occupied as indicated in this application; (6) the Lender, its servicers, successors or assigns may retain the original and/or an electronic record of this application, whether or not the Loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained in the application, and I am obligated to amend and/or supplement the information provided in this application if any of the material facts that I have represented herein should change prior to closing of the Loan; (8) in the event that my payments on the Loan become delinquent, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9) ownership of the Loan and/or administration of the Loan account may be transferred with such notice as may be required by law; (10) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or warranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature. Acknowledgement. Each of the undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency. s Signature s Signature. INFORMATION FOR GOVERNMENT MONITORING PURPOSES The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage disclosure laws. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender may not discriminate either on the basis of this information, or on whether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person. If you do not wish to furnish the information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to which the lender is subject under applicable state law for the particular type of loan applied for.) BORROWER I do not wish to furnish this information CO-BORROWER I do not wish to furnish this information Ethnicity: Hispanic or Latino Not Hispanic or Latino Ethnicity: Hispanic or Latino Not Hispanic or Latino Sex: Female Male To be Completed by Interviewer This application was taken by: Face-to-face interview Mail Telephone Internet Sex: Female Male Interviewer s Name (print or type) Name and Address of Interviewer s Employer Interviewer s Signature Interviewer s Phone Number Freddie Mac Form 65 7/05 Page 4 of 5 Fannie Mae Form /05

12 VII. DETAILS OF TRANSACTION j. Subordinate financing If you answer Yes to any questions a through i, please use continuation sheet for explanation. k. s closing costs paid by Seller l. Other Credits (explain) VIII. DECLARATIONS f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If Yes, give details as described in the preceding question. g. Are you obligated to pay alimony, child support, or separate maintenance? h. Is any part of the down payment borrowed? Yes No Yes No m. Loan amount (exclude PMI, MIP, Funding Fee financed) i. Are you a co-maker or endorser on a note? j. Are you a U.S. citizen? n. PMI, MIP, Funding Fee financed o. Loan amount (add m & n) p. k. Are you a permanent resident alien? SECTION. INFORMATION FOR GOVERNMENT MONITORING PURPOSES l. Do you intend to occupy the property as your primary residence? If Yes, complete question m below. This section is included to aid the federal government in monitoring compliance with m. Have you had an ownership interest in a property in the last three years? equal credit opportunity, fair housing, and home mortgage disclosure laws. Supplying Cash from/to (subtract j, k, l & (1) What type of property did you own principal residence (PR), this o from information i) is strictly voluntary on the second part home (SH), of or the investment applicant; property (IP)? however, lenders (2) How did you hold title to the home solely by yourself (S), should ask all applicants to provide it, including jointly with your spouse those (SP), or who jointly with apply another by person telephone (O)? and through the Internet, and should describe the reason for collecting this data. Race and I. ACKNOWLEDGEMENT AND AGREEMENT Each of ethnicity the undersigned are specifically separate represents to Lender categories, and to Lender's actual and or potential although agents, brokers, the processors, lender attorneys, should insurers, ask servicers, applicants successors and assigns to and agrees and acknowledges that: (1) the information provided this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application furnish may information result civil liability, including for both, monetary applicants dam, to any person may who may furnish suffer any loss one, due to reliance but not upon any the misrepresentation other. that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured by a mortgage or deed of trust on the property described in this application; (3) the property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for purpose of obtaining a residential mortgage loan; (5) the property will be occupied as indicated in this application; (6) Lender, its servicers, successors or assigns may retain Note the original that and/or an there electronic is record no of longer this application, a whether place or not for the Loan applicants is approved; (7) the to Lender and its agents, race brokers, as insurers, Other; servicers, successors, and assigns may continuously rely on the information contained in the application, and I am obligated to amend and/or supplement the information provided in this if any of the material facts that I have represented herein should however, change prior to closing applicants of the Loan; (8) may in the event check that my payments as many on the Loan races become delinquent, as apply. the Lender, If the its servicers, application successors or assigns is received may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9) ownership of the Loan and/or administration of the Loan account in may person be transferred and with such an notice applicant as may be required elects by law; not (10) neither to provide Lender nor its agents, some brokers, or insurers, all of servicers, this successors information, assigns has made federal any representation or warranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as an "electronic record" containing my "electronic signature," as those law terms are requires defined in applicable the federal lender and/or state to laws note (excluding the audio applicant s and video recordings), sex, or my ethnicity, facsimile transmission and of this race application on containing the form, a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature. based on the lender s visual observation or the applicant s surname. Also, you must report how the application was taken, state your name and phone number, and sign and identify your employer s name and address. Acknowledgement. Each of the undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency. s Signature s Signature. INFORMATION FOR GOVERNMENT MONITORING PURPOSES The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage disclosure laws. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender may not discriminate either on the basis of this information, or on whether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person. If you do not wish to furnish the information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to which the lender is subject under applicable state law for the particular type of loan applied for.) BORROWER I do not wish to furnish this information CO-BORROWER I do not wish to furnish this information Ethnicity: Hispanic or Latino Not Hispanic or Latino Ethnicity: Hispanic or Latino Not Hispanic or Latino Sex: Female Male To be Completed by Interviewer This application was taken by: Face-to-face interview Mail Telephone Internet Sex: Female Male Interviewer s Name (print or type) Name and Address of Interviewer s Employer Interviewer s Signature Interviewer s Phone Number Freddie Mac Form 65 7/05 Page 4 of 5 Fannie Mae Form /05