PRELIMINARY LOAN QUALIFICATION WORKSHEET 

 

BORROWER(S):

 

PROPERTY ADDRESS:

 

LOAN DESCRIPTION

 

MORTGAGE REQUEST

$

CONV., F.H.A., V.A.

 

SALES/MKT. PRICE

$

LOAN NAME

 

LOAN TO VALUE (LTV)

%

TERM IN YEARS

 

PURCH., REFI., CONST.

 

FIXED., ADJ. ETC

 

HOUSE, CONDO, CO-OP

 

INTEREST RATE

 %

OWNER OCCUPY (YN)

 

ESTIMATED POINTS

 

SINGLE OR MULTI

 

 

 

 

 

 

 

INCOME

(MONTHLY)

PROPOSED EXPENSE

(MONTHLY)

BORROWER

$

P & I

(FOR ADJUSTABLE RATE MORTGAGE EXCEEDING 80% LTV, USE 2nd YEAR RATE.)

$

CO-BORROWER

$

TAXES

$

RENTS

$

INSURANCE

$

RENTS

$

PMI

$

RENTS

$

CONDO-FEES

$

RENTS

$

OTHER

$

RENTS

$

OTHER

$

TOTAL

$

1ST TOTAL

$

 

 

1ST RATIO

%

 

 

 

 

CASH REQUIRED

 

OTHER DEBTS

(MONTHLY)

SALES PRICE

$

AUTO LOANS

$

CLOSING COSTS

$

PERSONAL LOANS

$

LESS DOWN PAYMENT

$

REVOLVING CREDIT

$

LESS MORTGAGE REQUESTS

$

ALIMONY/CHILD SUP

$

 OTHER

$

DEBT

$

TOTAL

$

DEBT

$

 

 

DEBT

$

 

 

DEBT

$

CASH AVAILABLE

$

DEBT

$

  CASH

$

DEBT

$

  CASH

$

DEBT

$

  CASH

$

2ND TOTAL

$

  CASH

$

COMBINED TOTALS

$

TOTAL

$

2ND RATIO

%

 

 

 

 

 

 

 

 

 

 

 

 


COMMENTS:

 

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