IBC FIRST EQUITY HOME EQUITY LOAN APPLICATION
HOME EQUITY LOAN QUESTIONS: Call 1-800-868-8998 (ph) 1-800-330-4518 (fax) www.easyloan.com
LOAN REQUEST PURPOSE:
Refinance Pay Debt
Home Improvement Other:_________________________________________
Select One:
___ HOME EQUITY LOAN AMOUNT REQUESTED $
FOLLOWED BY:
NO. OF MONTHS
____ HOME EQUITY LINE OF CREDIT
AMOUNT REQUESTED $
NO. OF REVOLVING YEARS (INTEREST ONLY PAYMENT)
NO. OF AMORTIZATION YEARS (EQUAL PAYMENTS)
5
NO. OF ACRES
10
DATE PURCHASED:
5
10
15 20
COLLATERAL PROPERTY
ADDRESS: YEAR BUILT: PRESENT MARKET VALUE: ACCT. NO.
TITLE IN THE NAME(S) OF:
NAME & ADDRESS OF MORTGAGE HOLDER(S):
EXISTING HOME EQUITY LOAN
DATE OF HOME EQUITY LOAN
DATE OF LAST RENEWAL OF HOME EQUITY LOAN(S)
YES,
AMOUNT $ __________________
NO
M.I. BIRTHDATE SOCIAL SECURITY NO.
APPLICANT
LAST NAME FIRST NAME
HOME ADDRESS
CITY
STATE
ZIP
YEARS THERE
E-MAIL ADDRESS
DRIVER LIC. NO.
PHONE NO.
UNMARRIED (INCLUDES SINGLE, DIVORCED, WIDOWED) MARRIED STATE SEPARATED
ZIP YEARS THERE
PREVIOUS ADDRESS
CITY
EMPLOYER’S NAME
PHONE NO.
POSITION
SELF-EMPLOYED
YEARS THERE
YES NO
PREVIOUS EMPLOYER’S NAME YEARS THERE NAME OF NEAREST RELATIVE NOT LIVING WITH YOU RELATIONSHIP
BANK NAME
PHONE NO. CHECKING ACCOUNT NO.
SAVINGS ACCOUNT NO.
GROSS MONTHLY INCOME
$______________________
ALIMONY, CHILD SUPPORT, OR SEPARATE INCOME NEED NOT BE REVEALED IF YOU DO NOT WISH TO HAVE IT CONSIDERED FOR REPAYING THIS OBLIGATION. MONTHLY AMOUNT OF OTHER INCOME $________________________ SOURCE(S):_____________________________________________________
CO - APPLICANT
LAST NAME FIRST NAME M.I. BIRTHDATE SOCIAL SECURITY NO.
HOME ADDRESS
CITY
STATE
ZIP
YEARS THERE
E-MAIL ADDRESS
DRIVER LIC. NO.
PHONE NO.
UNMARRIED (INCLUDES SINGLE, DIVORCED, WIDOWED) MARRIED SEPARATED
ZIP YEARS THERE STATE
PREVIOUS ADDRESS
CITY
EMPLOYER’S NAME
PHONE NO.
POSITION
SELF -EMPLOYED
YEARS THERE
YES NO
PREVIOUS EMPLOYER’S NAME YEARS THERE NAME OF NEAREST RELATIVE NOT LIVING WITH YOU RELATIONSHIP
BANK NAME
PHONE NO. CHECKING ACCOUNT NO.
SAVINGS ACCOUNT NO.
GROSS MONTHLY INCOME
$____________________
ALIMONY, CHILD SUPPORT, OR SEPARATE INCOME NEED NOT BE REVEALED IF YOU DO NOT WISH TO HAVE IT CONSIDERED FOR REPAYING THIS OBLIGATION. MONTHLY AMOUNT OF OTHER INCOME $________________________ SOURCE(S):______________________________________________________
DEBT INFORMATION
(Include Home Loans, Home Equity Loans, Auto Loans, Charge Accounts, Credit Cards, & Other Obligations) Debts: Creditor’s Name (and Account Number if applicable) Type
Home Home Equity Auto
___________
_________ _________ _________ _________ _________ _________
Present Balance $____________ $____________ $____________ $____________ $____________ $____________ $____________ $____________ $____________
Monthly Payment $____________ $____________ $____________ $____________ $____________ $____________ $____________ $____________ $____________ $ ____________
Total Monthly Obligations GENERAL INFORMATION
These Questions Apply To Both Applicant and Co-Applicant
If a “Yes” answer is given to a question in this section, please explain on an attached sheet. Are there any outstanding lawsuits/judgments against you? Are you a co-maker or endorser on a note? Have you been declared bankrupt within the past 7 years? Do you have any past due obligations owed to or insured by any agency of the federal government? Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years? Are you obligated to pay alimony, child support, or separate maintenance? Do you wish to have income received from alimony, child support or separate maintenance considered for repaying this obligation? Have you previously received credit from IBC? Are you a U.S. citizen? If “no” are you a resident alien? If “no” are you a non-resident alien? Applicant Yes No Co-Applicant Yes No
ACKNOWLEDGEMENT AND AGREEMENT
I/We apply for the loan indicated in this Application which may be secured by a mortgage or deed of trust on the property described herein and represent that the property will not be used for any illegal or restricted purpose, and that all statements made in this Application are true and are made for the purpose of obtaining the loan. Verification may be obtained from any source named in this Application. The original or a copy of this Application will be retained by the Bank, even if the loan is not granted. I/We hereby consent to and authorize the Bank, HUD-FHA, FNMA or FHLMC, after the giving of reasonable notice, to enter the improved property for the sole purpose of determining that the improvements specified in this Application have been completed. Each of the undersigned represent that all the information set forth in this Application and on each of its attachments is true and correct and complete, provided to you for the purpose of obtaining credit and fully reflects my/our financial condition on the date shown below. You are authorized to obtain a credit report and any other information you deem necessary or appropriate regarding my/our credit worthiness. I/We agree that this Application shall remain the property of the Bank whether the requested loan is granted or not. You are authorized to answer questions regarding my/our credit and account experience with you. You may share information about me/us with your affiliates and others, including information that may be used to offer me insurance and/or investment products. I/We agree to notify you immediately, in writing of any adverse change in my/our financial condition. I/We understand that it may be a federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts as applicable under the provisions of the United States Criminal Code.
_______________________________________ Applicant’s Signature Date
TO BE COMPLETED BY INTERVIEWER This application was taken by:
__________________________________________________ Co-Applicant’s Signature Date
Amount Requested: $ Amount Approved: $ / / Profit Center
Date Application Received: / / Approved By: Funding Date:
Face to Face Interview By Mail By Telephone