Apply Today to
Receive Your
FREE Pre-Loan Approval Letter
When you are ready to purchase a home, it makes
sense to negotiate from the strongest position possible. In
a strong real estate market, sellers can be more selective
in the final buyer they choose to negotiate with. In such
a crazed seller's market, it's not uncommon for a home seller
to receive multiple offers on their property. With that said;
there are certain things you can do to make certain that your
offer is the one Seller goes with.
The vast majority of Purchaser's today go about
the process entirely wrong, putting themselves at an overwhelming
disadvantage!
Let's look at this from the Sellers perspective for a moment.
If you were the Seller and had multiple offers on your property,
all things being equal, would you accept the one with Certificate
of Financing Approval or the one that was still conditional
on Financing? The answer is obvious. Why then, do so many
buyers wait to start the financing until after they have found
the home?
What I have found is that those buyers are usually very good,
qualified buyers and are not worried about getting approved.
Even though they usually are correct and will ultimately be
Approved, the Seller in most cases has no guarantees.
Lastly, from a cost savings perspective...
As a prospective purchaser, it makes all the more sense to
start the financing early on so you can get a firm handle
on your interest rate and estimate of points and closing costs.
If you do this before finding a home, you are not under any
time constraints and are less likely to over pay like a buyer
who has found a home and is under strict time constraints.
Should you decide that you wish to take advantage of Pre-Approval,
simply complete the attached confidential mortgage application.
We will locate the absolute best mortgage rate and lowest
closing costs possible and process your application without
any cost or obligation.
Privacy Statement:
We respect your
privacy - All of your personal information will
remain within the Lease Purchase Solutions network to
assist you in buying, selling or financing your
home.
Borrower Information:
Co-Borrower Information:
Co-Borrower (Full
Name):
Date of Birth:
(ex. dd/mm/yyyy)
Soc. Security #:
Residence Phone #:
Business Phone #:
If same as borrowers
address
Present Address:
City:
State/Province:
Zip Code/Postal Code:
E-mail Address
Years at Present Address:
Rent $
/month
or
Own $
If same as borrowers
address
Previous Address:
City:
State/Province:
Zip Code/Postal Code:
Marital Status:
Married
Separated
Unmarried
(including single, divorced, or widowed)
Occupation:
(Position & Title)
# of years:
Place of Employment:
(Name & Address)
Previous Employer:
(Name & Address)
Gross Annual Income:
Borrower
Co-Borrower
Self-Employed ?
Yes No
Yes No
Base Salary:
$
$
Overtime:
$
$
Bonuses:
$
$
Commissions:
$
$
Dividends:
$
$
Net Rental Income:
$
$
Other:
$
$
Total:
$
$
Do You Intend To Occupy This Property ?
Yes
No
Number of
Children:
Ages:
Other Dependents:
Assets:
Checking:
$
Bank:
$
Bank:
Savings:
$
Bank:
$
Bank:
Credit Union:
$
Bank:
Stocks:
$
Bonds:
$
Life Insurance:
$
Present
Residence (If Owned):
Market Value:
$
Morg. Value:
$
Lender:
Other Assets
(Specify):
Liabilities:
(List outstanding
obligations including auto loans, mortgage
payments,credit cards,
personal loans, and all other loans.)
Type
Creditor's
Name
Unpaid
Balance
Due Date
Monthly
Payment
$
$
$
$
$
$
Total:
$
$
Additional
Monthly Obligations:
Alimony:
$
Child Support:
$
Child Care:
$
Are There Any Judgements or
Lawsuits Present?
Yes
No
Amount:
$
Is Any Part of the Down
Payment or Settlement Costs
Being Obtained From a Source Other Than From Assets
Listed Above?
Yes
No
I hereby give my consent to
have my credit report secured
from any credit reporting agency which you designate.
Yes
No
If you are planning to make your
move in the next 30 to 60 days please order Report #1.
If you think it will be longer
than 60 days please order Report #2.
