Back to OpenHouseAlabama.com
 

 ADVANTAGE MORTGAGE
Pre-Approval Application
All information submitted is Safe and Confidential

The Pre-approval is your most valuable step in the home buying process. The pre-approval is designed to give you the piece of mind of knowing exactly what you can afford when you start home hunting.  You will be able to avoid the following pitfalls:

  • You can streamline the home search process by limiting your home search to the actual mortgage amount you can afford. 
  • Keeps you from becoming emotionally attached to a home that exceeds your mortgage amount

Begin your Pre-Approval Process by completing the form below. You will be contact as soon as we receive this information.  Your information is kept private and will not be sold.

Borrower Information
Borrower Co-Borrower
Borrower's Name (include Jr. or Sr. if applicable)
Co-Borrower's Name(include Jr. or Sr. if applicable)
E-mail Address
 Re-Enter E-mail Address
 E-mail Address
 Re-Enter E-mail Address

 		 Home Phone
 		   Home Phone
Date of Birth
 		 Years in School
 Date of Birth
 Years in School
Marital Status
 #Dependents
 		 Ages
 Marital Status
 #Dependents
 Ages
Complete Present Address
 		 #of Years at Address
 		 Complete Present Address
 # of Years at Address
Do you rent from a company or and individual
 Mailing Address
 Mailing Address
  
If residing at present address less than two years, complete the following If residing at present address less than two years, complete the following
Former address (street, city, state, zip)

Own or Rent

Number of Years
 Former Address (street, city, state, zip)

Own or Rent

Number of Years

Employment Information
Borrower Co-Borrower
Complete Name & Address of Employer
 
Self Employed

Years on Job

Years employed in this line of work/profession
 		 Complete Name & Address of Employer

Self Employed

Years on Job

Years employed in this line of work/profession
Position/Title/Type of Business
 
Business Phone (incl. area code)
 		 Position/Title/Type of Business

Business Phone (incl. area code)
If employed in current position for less than two years or if currently employed in more than one position, complete the following:
Name & Address of Employer

Self Employed


Dates (from-to)

Monthly Income
 Name & Address of Employer

Self Employed


Dates (from-to)

Monthly Income
Position/Title/Type of Business

Business Phone (incl. area code)
 Position/Title/Type of Business

Business Phone (incl. area code)
Name & Address of Employer

Self Employed


Dates (from-to)

Monthly Income
 Name & Address of Employer

Self Employed


Dates (from-to)

Monthly Income
Position/Title/Type of Business

Business Phone (incl. area code)
 Position/Title/Type of Business

Business Phone (incl. area code)
 

Amount available for Down payment
 
 

Monthly Income And Combined Housing Expense Information (complete all that apply)
Gross Monthly Income      
Borrower Co-Borrower  
Base Empl. Income Base Empl. Income
Overtime Overtime
Bonuses Bonuses
Commissions Commissions
Dividends/Interest Dividends/Interest
Net Rental Income Net Rental Income
Other (before completing, see the notice in "describe other income," below) Other (before completing, see the notice in describe other income," below)

Combined Monthly Housing Expense

    
  Present Proposed  
Rent  
First Mortgage (P&I)  
Other Financing (P&I)  
Hazard Insurance  
Real Estate Taxes  
Mortgage Insurance  
Homeowners Assn. Dues  
Other  
 
*Self Employed Borrower(s) may be required to provide additional documentation such as tax returns and financial statements.
Describe other Income  Notice: Alimony, child support, or separate maintenance income need not be revealed if the Borrower (B) or Co-Borrower (C) does not choose to have it considered for repaying this loan.
Other continued

Assets

List Checking and savings accounts below

Name and address of Bank, S&L, or credit union

Balance


Name and address of Bank, S&L, or credit union

Balance


Name and address of Bank, S&L, or credit union

Balance


Name and address of Bank, S&L, or credit union

Balance
Life insurance net cash value
Face amount: $
Declarations
If you answer "yes" to any questions a through i, please explain in the designated field.
Questions Borrower Co-Borrower
a. Are there any outstanding judgments against you?  
   
b. Have you been declared bankrupt within the past 7 years?  
   
c. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?  
   
d. Are you a party to a lawsuit?  
   
e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure or judgment?  
   
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 residnece (PR), second home (SH), or investment property (IP)?  
2. How did you hold title to the home-solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)?  
Information for Government Monitoring Purposes
    Borrower Co-Borrower
Ethnicity Are you
Race Are you
Sex Are you

* "I authorize Advantage Mortgage LLC and/or assigns to obtain my/our credit report for the purpose of determining credit worthiness. The information that is obtained is strictly confidential. By submitting this electronically, this is to be deemed to be the equivalent of the original."
 

 
ADVANTAGE MORTGAGE 2969 PELHAM PARKWAY SUITE B CALL ROGER EVANS TODAY 205:621.2331