MortNet®  PreApp™

Representing Mortgage Borrower’s Since 1996

 

Welcome to MortNet®'s PreApp™ a Quick Mortgage Application and PreQualifier.

 

There is a reason for each and every question that may not be obvious to you but will give the mortgage companies the answers they need to properly and accurately quote on and compete for your business. Please fill out the PreApp™ to the best of your knowledge. Approximate information rounded to the nearest dollar is okay, leave out the cents and leave cells blank if they are not applicable. The mortgage company you select will get your detailed information, such as social security account numbers, etc., when YOU decide to make a formal application with them. Rather than allowing each mortgage company to pull your credit we suggest that you go to  myfico.com  and get your own credit score which you can then relay to each mortgage company when they call you. Too many credit pulls works against your credit score. Links to all sorts of honest mortgage help will be available to you on the thank you page.

 

Your request will be sent to our mortgage company subscribers WITHOUT your contact information. Mortgage companies that are interested in competing for your business will purchase your contact information from MortNet®. Therefore, only companies that are serious about doing business with you will be calling. We will send you an introductory email for each company that purchases your contact information so that you will feel safe discussing business with them. The limited information you give us is specifically designed to guard your privacy and is as secure as a phone call or fax. Your confidential information, including your email address, will not be given or sold to anyone else.

 

Thanks for using MortNet®. An actual human mortgage professional will review the information you send in and email you a confirmation or request further information within 24 hours, so be sure to check your email tomorrow. If it looks like a deal that cannot be done, we will send you some suggestions on creative financing that will help you accomplish your real estate financing objective.

CONTACT INFORMATION
Borrower's First Name
Borrower's Last Name
Borrower's Age   Years
CoBorrower's First Name
CoBorrower's Last Name
CoBorrower's Age   Years
Street Address
City
State

Hint, type first letter of state then arrow down
Zip Code
Email Address If more than one, separate using a comma.
Home Phone
Borrower's Work Phone If you do not want to be called at work, leave blank.
CoBorrower's Work Phone If you do not want to be called at work, leave blank.
Best Time/Place & Who To Call    
       

I WANT TO

      
Purchase Price of Property to be Purchased $
Purchase Price Range Min   $ Use Min & Max if purchase price not yet established.
Purchase Price Range Max $
Construction Cost $ Entire cost including land, labor, materials, etc.
Construction Cost Range Min $ Use Min & Max if construction price not yet established.
Construction Cost Range Max $
Down Payment  $ $ Cash dollars you have to put down. Use $'s -OR- % next.
Down Payment  % % Percentage of total sales price.
Source of Funds Where down payment is coming from.
VA Eligible

First Time Home Buyer

Refinance 1st Mortgage $ Balance of 1st mortgage. Breakdown cash out below.
Refinance 2nd Mortgage $ Balance of 2nd mortgage. Breakdown cash out below.
Bill Consolidation $
Bill Consolidation Description Brief description of bills you want to consolidate.
Home Improvement $
Home Improvement Description Brief description of type of improvements.
Other Needs $
Other Needs Description Cash out, new auto, business, investment, etc.
Desired Term Amortization term. Desired years to repay loan.
Desired Rate Type

How Long Are You Planning On Living Here

Remarks Regarding Needs

SUBJECT PROPERTY INFORMATION
State Subject Property Located In Hint, type first letter of state then arrow down
CounTY Subject Property Located In CounTY -not- CounTRY, if known -or- nearest large city. This helps protect your privacy.
CounTRY of Subject Property   USA             Other  
Occupancy Type

Type of Property

NOTE: MOB/MFG Home-If you do not or will not own the land underneath the mob/mfg home, sorry but our mortgage companies only lend mortgage money against real estate property. You need an installment loan (like a auto loan). Contact your local bank or try Green Tree Financial. Sorry we couldn't help.
Other Type Of Property or Acreage Description Also, please note here, if Mob/Mfg Home earlier than 1976 and/or has an add-on.
Property Tax per Year $
Home Owners Insurance per Year $
Flood Insurance per Year $
Monthly Condo/Coop Maintenance or Yearly Assoc Fee $

JOB INFORMATION
Borrower's Occupation What is your occupation? For your privacy, NOT where you work.
Borrower Years This Job   Years Round to nearest year. (1 month=.08 years)
Borrower Years Previous Job   Years Round to nearest year. (1 month=.08 years)
Borrower Years This Occupation   Years If less than 5 years on current job.
Borrower Self Employed

Self employed if you own more than 25% of company.
Borrower's Income $  Per 
Borrower's Job Comments Regarding future stability of job & company.
CoBorrower's Occupation What is your occupation? For your privacy, NOT where you work.
CoBorrower Years This Job   Years Round to nearest year. (1 month=.08 years)
CoBorrower Years Previous Job   Years Round to nearest year. (1 month=.08 years)
CoBorrower Years This Occupation   Years If less than 5 years on current job.
CoBorrower Self Employed Self employed if you own more than 25% of company.
CoBorrower's Income $  Per 
CoBorrower's Job Comments Regarding future stability of job & company.
Other Income $  Per 
Other Income Source

Yearly tax statement type or unreported cash such as tips, etc.

DEBT INFORMATION
Auto Loans Description
Total Auto Loan(s) Balance $ Balance of all auto loans lumped together.
Total Auto Loan(s) per Month $ Total monthly payment of all auto loans lumped together.
Credit Card Debt Description
Total Credit Card Debt Balance $ Balance of all credit cards lumped together.
Total Credit Card Debt per Month $ Total monthly payment of all credit cards lumped together.
Other Debt(s) Description Only other debts that show up on your credit report.
Total Other Debt(s) Balance $ Balance of all other debts lumped together.
Total Other Debt(s) per Month $ Total monthly payment of all other debts lumped together.

CREDIT INFORMATION
Total Number of Times Mortgage(s) Were Late Last 12 Months 30 days late. Estimate okay. If bad, suggest you get your FICO score.
Total Number of Times Auto Payment(s) Were Late Last 24 Months 30 days late. Estimate okay. If bad, suggest you get your FICO score.
Total Number of Times Credit Card Payment(s) Were Late Last 24 Months 30 days late. Estimate okay. If bad, suggest you get your FICO score.
Number of Times Other Payment(s) Were Late Last 24 Months 30 days late. Estimate okay. If bad, suggest you get your FICO score.
Borrower's FICO Credit Score If Known To find out go to www.myfico.com. Cost $12.95.
CoBorrower's FICO Credit Score If Known To find out go to www.myfico.com. Cost $12.95.
Bankruptcy Type

If >2-4 years with re-established good credit, excellent.
Bankruptcy Discharge Date Month & Year. Approximate okay.
Credit Explanation Brief explanation as to CAUSE and is end in sight.

STOP HERE IF THIS IS A PURCHASE

THEN SUBMIT BELOW

CONTINUE IF NOT A PURCHASE

MORTGAGE INFORMATION
1st Mortgage Balance $ Approximate okay. Check last statement or call bank. Round to the nearest dollar.
1st Mortgage Monthly Payment $ Round to the nearest dollar. Also, note here if quarterly, semi-annually or annually as in farm loans.
Property Taxes & Homeowners/Flood Insurance Included in Payment

1st Mortgage Percentage Rate %    Approximate okay.
1st Mortgage Term Original number of repayment years. Amortization term.
1st Mortgage Years Left Round to the nearest year. Approximate is okay.
1st Mortgage Balloon Date Mth/Yr - Term shorter than amortization period.
1st Mortgage Type

2nd Mortgage Balance $ Approximate okay. Check last statement or call bank. Round to the nearest dollar.
2nd Mortgage Monthly Payment $ Note here if home equity line of credit Round to the nearest dollar.
2nd Mortgage Percentage Rate %   Approximate okay.
2nd Mortgage Term Original number of repayment years. Amortization term.
2nd Mortgage Years Left Round to the nearest year. Approximate okay.
2nd Mortgage Closing Date Month/Year if less than 2 yrs old.  Approximate okay.
2nd Mortgage Purpose Home Improvement, Bill Consol, etc. if less than 2 yrs old.
2nd Mortgage Prepayment Penalty Amount or percent if known
2nd Mortgage Balloon Date Mth/Yr - Term shorter than amortization period.

VALUE INFORMATION
Estimated Value $ Based on other sales in area. Estimate is okay. Round to the nearest dollar.
Purchase Date Month/Year
Original Purchase Price $ Approximate is okay. Round to the nearest dollar.
Value Remarks
How did you find MortNet® -AND- key word used
General Remarks

  or (which clears everything)