This application is designed to be completed by the applicant(s) with the Lender's assistance. Applicants should complete this form as "Borrower" or "Co-Borrower", as applicable. Co-Borrower information must also be provided (and the appropriate box checked) when the income or assets of a person other than the Borrower (including the Borrower's spouse) will be used as a basis for loan qualification or the income or assets of the Borrower'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 Borrower resides in a community property state, the security property is located in a community property state, or the Borrower is relying on other property located in a community property state as a basis for repayment of the loan.
You understand that by clicking on the I AGREE button immediately following this notice, you are providing 'written instructions' to Infinite Wealth Inc. under the Fair Credit Reporting Act authorizing Infinite Wealth Inc. to obtain information from your personal credit profile or other Information from Experian and/or other credit bureaus. You authorize Infinite Wealth Inc. to obtain such information solely in accordance with a Mortgage Loan Application.
I Agree (or)I Do Not Agree
Income from alimony, child support or separate maintenance payments need not be revealed, if you do not choose to have it considered as a basis for repaying this debt.
This statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrowers if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined bases; otherwise, separate Statements and Schedules are required. If the Co-Borrower 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.
(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.)
If "Yes," give details as described in the preceding question.
If "Yes," complete question 13 below.
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 this 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 this 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.)
- Enter name of enrolled or principal tribe:
- Enter race, for example, Hmong, Laotian, Thai, Pakistani, Cambodian, and so on:
- Enter race, for example, Fijan, Tongan, and so on:
The above statements are submitted for the purpose of obtaining credit and are certified to be true and correct. I/We agree that usual credit inquiries may be made to verify statements. I/We agree that this application shall remain the property of the bank whether the loan is granted or not. I/We understand that there are certain closing costs for a mortgage loan. I/We agree to pay costs associated with this application. The bank is hereby authorized to do a complete financial review in conjunction with this application. Interest rates are subject to change.