Analysts Predicting Rise in Prime Lending Rates, So Now Is The Time to Lock In Your Mortgage!

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MORTGAGE QUALIFICATION and PAYMENTS

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Type of Financing  
Purchase ____  Mortgage Transfer ____  Refinancing ____

                               Transfer Existing ____
   Mortgage ____ Pre-approval ____

Property Description          Major Urban Center ____  Urban Center ____ 

                                          Rural ____  Recreational ____ Rental ____

Down payment Source     Own Resources ____   Borrowed from Cash Assets ____

Gift ____   Investments ____________   Sale of Property _______ 
    

Address: ________________________________________________________________

Purchase Price/Value: $ _______________________ 

Down payment           $ _______________________

Existing Mortgage      $ _______________________
                                   
Required Financing    $ _______________________

TOTAL MORTGAGE  $ _______________________

______________________________  PAYMENTS  _____________________________

Regular Mortgage ________

Closing Date (month)____________________ (day) ___________  (year) ____________

Mortgage Amount $ ________________________  Interest Rate ________________

Term ______________________________  Amortization (years) ___________________

Weekly ____  Bi -weekly ____  Semi Monthly ____  Monthly ____  Other ___________

Mortgage Type ___________________________________________________________

Home Equity Line of Credit ______

Credit Limit $_______________   Adjustable (Variable) Rate Amount $ _______________

Fixed Rate Amount $ ________________________  Interest Rate _______________

Term ______________________________  Amortization (years) ___________________

Mortgage Payment     $ _______________________ 

Utilities (monthly)       $ _______________________

Taxes                       $ _______________________
                                   
Maintenance Fees     $ _______________________

Liabilities/Insurance   $ _______________________

TOTAL Payment       $ _______________________

Purpose of Mortgage
To Purchase Real Estate Property ____     To Renovate of Improve Property _____
To Purchase Personal Property    _____    To Refinance Existing Debt   ______
                         To Make Available Credit for Future Use   _______


Lenders Vary on Requirements. Interest rates are subject to change without notice.
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