"Sterling Associates Loan Application â€“ Please Print Out, Complete"
Sterling Associates Tel: (800) 286-8073 Fax: (508) 234-1557 49 Church St. Whitinsville, MA 01590 1 (800) 286-8073 Helpful Hints For Marine Financing Thank you for your request for marine financing through Sterling Associates. To follow is the application you requested. Please return your completed application along with the following: Last two years 1040 tax returns – all schedules including “S” Corporation or K-1’s of Partnerships, if applicable. If you own a Partnership or a Corporation, last two years corporate / partnership tax returns will be required (all schedules included). Any other supporting documents that you feel will aid us in our credit decision. Again, thank you for allowing Sterling Associates to assist you in your marine finance needs. If you have any questions please do not hesitate to give us a call. Sterling Associates Loan Application – Please print out, complete all fields, and sign application. Boat Information Will this boat be used as your primary residence? Yes No New Used Year Make Model Length ft Hull Material: Fiberglass Wood Metal Engine Information: Gas Diesel Single Twin Engine Make HP Purchase Price (With Tax) $ Cash Down Payment $ Trade - In $ Total Down Payment $ Amount Financed $ Term of Loan Yrs Intended Use Name of Broker, Dealer, or Seller How did you hear about us? If Seller is a private party, does seller have free and clear title? Yes No If not, what is the name and address of the Lienholder? Description of Trade – In Year Make Model Length ft Hull Fiberglass Wood Metal Engine Make HP Trade– In or Previous Boat financed by: Balance Outstanding $ Personal Information Are you a US citizen? Yes No Borrower’s Full Name S.S# DOB Co-Borrower’s Full Name S.S# DOB Full Home Address Previous Address Yrs there Phone Number Number of Dependants Ages Business Information Name of Employer Address Bus. Phone Position Yrs there Salary (Gross) $ Name of Employer Address Bus. Phone Position Yrs there Salary (Gross) $ Credit Information 1st Mortgage Holder Mo. Payment $ Bal $ Date of Purchase Estimated Value $ Rent Payment $ Have you declared bankruptcy or filed for Chapter 13 in the last 14 years? If yes, when? Do you have any other obligations? (Child Support, Alimony, etc.) If yes, how much? $ All the statements I/We have made are true and correct, and I understand you will rely upon them. Any financial institution or finance company to which applicant or co-applicant (Or seller/broker on behalf of applicant or co-applicant) may apply for financing on the boat described above is hereby authorized to investigate the credit history and capability of applicant or co-applicant. In connection with this credit application or any subsequent credit update or credit renewal, any proposed credit granting party may request a consumer report concerning the applicant and/or co-applicant. The applicant and/or co-applicant may ask whether the creditor obtained such a report. If such a report has been obtained, the applicant and/or co- applicant may request the name and address of the reporting agency that provided the report. Date Signature of Borrower Signature of Co-Borrower Personal Financial Statement Assets Checking & Savings Accounts Cash Or Market Value $ $ $ Stocks & Bonds Unpledged (No./Description) $ $ Life Insurance Actual Cash Value Face Amount $ TOTAL CURRENT ASSETS $ Real Estate Owned $ Automobile (Make/Year) $ $ Net Worth Of Business Owned (Attach Financial Statement) $ Stocks & Bonds Pledged $ $ Other Assets (IRA, 401K, Keogh, etc.) $ $ TOTAL ASSETS $ Liabilities Unpaid Balance Monthly Payment Total Installment Debt $ $ Total Real Estate Debt $ $ Other Debts, Including Stock Pledges $ $ Alimony, Child Support, Or Separate Maintenance Payments Owed To: $ $ $ $ TOTAL UNPAID BALANCE, MONTHLY PAYMENTS $ $ NET WORTH $