Docstoc

MORTGAGE LOAN MODIFICATION APPLICATION

Document Sample
MORTGAGE LOAN MODIFICATION APPLICATION Powered By Docstoc
					         MORTGAGE LOAN MODIFICATION APPLICATION
Today’s Date: ______/______2011                                      Representative_________________________________


BorrowerName_________________________________CoBorrower:______________________________________________________

Address:________________________________________________________________________________________________________

City:                   _____________________________________________________________________State:________Zip:_______

Phone:     (________)    __________________________          Cell:   (________)   _____________________________________

Email: ______________________________________________ Fax: (________) _____________________________________________

GROSS MONTHLY INCOME_____________________________________________________________________________________

38% OF GROSS MONTHLY INCOME____________________________________________________________________________

31% OF GROSS MONTHLY INCOME____________________________________________________________________________

Mortgage Payment ____________ Taxes__________ Insurance_________ Total PITI_________________________________

Second Mortgage Payment_______________________________________________________________________________________

CURRENT 1ST MORTGAGE BALANCE__________________________________________________________________________

SECOND MORTGAGE BALANCE                    _____________________________________________________________________________

TOTAL MORTGAGE BALANCES ____________________________________Current or Late__ {________________________}

CURRENT MARKET VALUE ___________________________________________________________________________________

LOAN TO VALUE [LTV %] ______________________________________________________________________________________

1ST Mortgage Type ( ) Fixed           ( ) Adjustable      Term____________     Current Rate __________________________

Second Mortgage Type (         ) fixed (      ) adjustable Term ________ Current Rate________________________________

Lender____________________________________________________________________________________________________________

2nd Lender________________________________________________________________________________________________________

Have you had any previous repayment plans? __________________________________________________________________

Have you applied for any Modifications with your Lender? _____________________________________________________

Have you been on any trial payments with your lender? ________________________________________________________

Have you declared Bankruptcy? ____________________________ If yes what program_______________________________

Total Available Monies in checking, savings, retirement, 401k _________________________________________________

Was this loan originated after January 1, 2009___________________________________________________________________

Approval_________________________________________ Date:____________________________________________________________

				
About