Borrower Employment Information
Co-Borrower Employment Information
Corporate Entity Borrowers
If you answer “Yes” to any questions a through i, please use continuation sheet for explanation.
a. Are there any outstanding judgments against you?
b. Have you had any open bankruptcies in the last 7 years?
c. Have you had property foreclosed upon, sold short sale or given title or deed in lieu thereof in the last 7 years?
d. Are you a party to a lawsuit?
e. Have you been obligated on any loan of which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgement?
f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee?
g. Are you obligated to pay alimony, child support, or separate maintenance?
h. Is any part of the down payment borrowed?
i. Are you a co-maker or endorser on a note?
j. Are you a U.S. citizen?
k. Are you a permanent resident alien?
l. Do you intend to occupy the property as your primary residence? If “Yes”, complete question m below.
m. Have you had an ownership interest in a property in the last three years?
(1) What type of property did you own principal residence (PR), second home (SH), or investment property (IP)?
(1) How did you hold title to the home by yourself (S), jointly with your spouse or jointly with another person (O)
Business Plan for this Property (Details will be reviewed with max LTV)
Rental Strategy(complete only if property will be used as a rental during this loan)
How long has this been rented?
Flip Strategy (complete only if property will be flipped by borrower)
I confirm that the above information is correct and authorize Close Now LLC. (“Lender”) and/or Broker listed above to verify any and all information necessary to process my mortgage loan application. I further authorize Lender/Broker to order a consumer credit report and verify other credit information. A copy of this form will also serve as authorization.
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