Date:
Mina Pourang
In-house Underwriter for
Mina Pourang
MLS#248741
9070 Irvine Center Dr #270,
Irvine CA 92618
Phone: (949)552-6060
Fax: (949)786-0705 License #: 01826073
Thank you for trusting us with your loan. Attached is a loan application package.
Please complete as much as you can and email
to (minapourang@betterloans4u.com) or fax (949-786-0705) the items
back at your earliest convenience.
Borrower(s):
Loan Application Package
04/15/2016
Please note in order to expedite the loan submission process, we will need all
the required documents stated below:If your wife stays on title as none
borrowing owner please send her email, Driver-license and social Security
number . she will not be on the loan only on title , we will NOT run her credit
W-2 all pages w/ 1099 if applicable) 2019 Tax return.
2-Form 1040 (Must be Federal with all Schedules)
Pay Stub (2 month most recent, consecutive)
Driver’s License colored copy Please text it to 949 2027484
Mortgage statement
Ba
nk Statement (2 month most recent, consecutive)
6-HOA statment If any
7-Property Insurance
I.. TYPE OF MORTGAGE AND TERMS OF LOAN
II.I. PROPERTY INFORMATION AND PURPOSE OF LOAN
III.II. BORROWER INFORMATION
Borrower Co-Borrower
IV.V. EMPLOYMENT INFORMATIONBorrower Co-Borrower
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
Yrs. on this job
Yrs. employed in this
line of work/profession
Position/Title/Type of Business Business Phone (incl. area code)
Name & Address of Employer
Self Employed
Dates (from-to)
Monthly Income
$
Position/Title/Type of Business Business Phone (incl. area code)
Name & Address of Employer
Self Employed
Yrs. on this job
Yrs. employed in this
line of work/profession
Position/Title/Type of Business Business Phone (incl. area code)
Name & Address of Employer
Self Employed
Dates (from-to)
Monthly Income
$
Position/Title/Type of Business Business Phone (incl. area code)
Borrower's Name (include Jr. or Sr. if applicable)
Social Security Number Home Phone (incl. area code) DOB (mm/dd/yyyy) Yrs. School
Married (includes registered domestic partners)
Unmarried (includes single, divorced, widowed)
Separated
Dependents
(not listed by
Co-Borrower)
No.
Ages
Present Address (street, city, state, ZIP/ country) Own Rent No. Yrs.
Mailing Address, if different from Present Address
If residing at present address for less than two years, complete the following:
Former Address (street, city, state, ZIP) Own Rent No. Yrs.
Co-Borrower's Name (include Jr. or Sr. if applicable)
Social Security Number Home Phone (incl. area code) DOB (mm/dd/yyyy) Yrs. School
Married (includes registered domestic partners)
Unmarried (includes single, divorced, widowed)
Separated
Dependents
(not listed by
Borrower)
No.
Ages
Present Address (street, city, state, ZIP/ country) Own Rent No. Yrs.
Mailing Address, if different from Present Address
Former Address (street, city, state, ZIP) Own Rent No. Yrs.
/ United States / United States
VA Conventional
Agency Case Number
FHA USDA/Rural
Housing Service
Amount
$ %
Interest Rate No. of Months
Fixed Rate Other (explain):
GPM ARM (type):
Mortgage
Applied for:
Amortization Type:
Lender Case Number
Subject Property Address (street, city, state, & ZIP) No. of Units
Legal Description of Subject Property (attach description if necessary) Year Built
Purpose of Loan
Purchase
Property will be:
Refinance Primary Residence Secondary Residence Investment
9070 Irvine Center Dr #270,
Irvine CA 92618
Phone: (949)552-6060
Fax: (949)786-0705 License #: 01826073
Refinance Amount:
Former Address (street, city, state, ZIP) Own Rent No. Yrs. Former Address (street, city, state, ZIP) Own Rent No. Yrs.
Loan Application
V.. MONTHLY INCOME AND COMBINED HOUSING EXPENSE INFORMATION
Gross
Monthly Income Borrower Co-Borrower Total
Combined Monthly
Housing Expense Present
Base Empl. Income*
Overtime
Bonuses
Commissions
Dividends/Interest
Net Rental Income
Other (before completing,
see the notice in "describe
other income," below)
Rent
First Mortgage (P&I)
Other Financing (P&I)
Hazard Insurance
Real Estate Taxes
Mortgage Insurance
Other:
$ $ $ $
Homeowner Assn. Dues
Total Total$ $ $ $
VI.I. ASSETS
This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-borrowers if their assets and liabilities are sufficiently joined
so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the Co-Borrower section
was completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed by that spouse or other person also.
Completed Jointly Not Jointly
ASSETS
Cash or
Market ValueDescription
Cash deposit toward
purchase held by:
$
Liabilities and Pledged Assets. List the creditor's name, address and account number for all outstanding
debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support,
stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities which will be
satisfied upon sale of real estate owned or upon refinancing of the subject property.
Name and address of Bank, S&L, or Credit Union
Acct. no. $
Name and address of Bank, S&L, or Credit Union
Acct. no. $
Name and address of Bank, S&L, or Credit Union
Acct. no. $
Name and address of Bank, S&L, or Credit Union
Acct. no. $
Stocks & Bonds (Company
name/number description)
$
Life insurance net cash value
Face amount: $
$
Subtotal Liquid Assets $
Real estate owned (enter market value
from schedule of real estate owned)
$
Vested interest in retirement fund $
Net worth of business(es) owned
(attach financial statement)
$
Automobiles owned (make and year)
$
Other Assets (itemize) $
Total Assets a. $
Property Address (enter S if sold, PS if pending
sale or R if rental being held for income)
Type of
Property
Present
Market Value
Amount of
Mortgages & Liens
Gross
Rental Income
Mortgage
Payments
Insurance,
Maintenance,
Taxes & Misc.
Net
Rental Income
Totals
$ $ $ $ $ $
$ $ $ $ $ $
9070 Irvine Center Dr#270,
Irvine CA 92618
Phone: (949)552-6060
Fax: (949)786-0705 License #: 01826073
Current Rent $
*If any other real estate is owned, please fill the following:
9070 Irvine Center Dr #270,
Irvine CA 92618
Phone: (949)552-6060
Fax: (949)786-0705 License #: 01826073
Co-Borrower
Borrower
*Please sign within the box not crossing the outline.
*
Please sign within the box not crossing the outline.
Borrowers Signature Authorization
Privacy Act Notice:This information is to be used by the agency collecting it or its assignees in
determining whether yo
u qualify as a prospective mortgagor under its program. It will not be
disclosed outside the agency except as required and permitted by law. You do not have to
provide this information, but if you do not your application for approval as a prospective
mortgagor or borrower may be delayed or rejected. The information requested in this form is
authorized by Title 38, USC, Chapter 37 (if VA); by 12 USC, Section 1701 et. seq. (if HUD/
FHA); by 42 USC, Section 1452b (if HUD/CPD); and Title 42 USC, 1471 et. seq., or 7 USC,
1921 et. seq. (if USDA/FmHA).
I hereby authorize the Lender/Broker to verify my past and present employment earnings
records, bank accounts, stock holdings,
and any other asset balances that are needed to
process my mortgage loan application. I further authorize the Lender/Broker to order a
consumer credit report and verify other credit information, including past and present mortgage
and landlord references. It is understood that a copy of this form will also serve as
authorization. The information the Lender/Broker obtains is only to be used in the processing of
my application for a mortgage loan
Borrower Signature Authorization
1. Borrower(s) 2. Name and address of Lender/Broker
3. Date 4. Loan Number
Privacy Act Notice:
This information is to be used by the agency collecting it or its assignees in determining whether you qualify as a prospective mortgagor under
its program. It will not be disclosed outside the agency except as required and permitted by law. You do not have to provide this information, but if you do not your
application for approval as a prospective mortgagor or borrower may be delayed or rejected. The information requested in this form is authorized by Title 38, USC,
Chapter 37 (if VA); by 12 USC, Section 1701 et. seq. (if HUD/FHA); by 42 USC, Section 1452b (if HUD/CPD); and Title 42 USC, 1471 et. seq., or 7 USC, 1921 et.
seq. (if USDA/FmHA).
I hereby authorize the Lender/Broker to verify my past and present employment earnings records, bank accounts, stock
holdings, and any other asset balances that are needed to process my mortgage loan application. I further authorize
the Lender/Broker to order a consumer credit report and verify other credit information, including past and present
mortgage and landlord references. It is understood that a copy of this form will also serve as authorization.
The information the Lender/Broker obtains is only to be used in the processing of my application for a mortgage loan.
Borrower
Borrower
Part I - General Information
Part II - Borrower Authorization
Calyx Form - bsaj.frm (10/2013)
BETTER LOANS CORPORATION
9070 IRVINE CENTER DR #270
Irvine, CA 92618
TEL: 949-552-6060 FAX: 949-786-0705
BETTER LOANS CORPORATION, NMLS# 253611
Please leave Box #1-4 Empty
Borrowers' Certification and Authorization
CERTIFICATION
The Undersigned certify the following:
1. I/We have applied for a mortgage loan through __________________________________. In applying
for the loan, I/We completed a loan application containing various information on the purpose of the
loan, the amount and source of the down payment, employment and income information, and the assets
and liabilities. I/We certify that all of the information is true and complete. I/We made no
misrepresentations in the loan application or other documents, nor did I/We omit any pertinent
information.
2. I/We understand and agree that ___________________________________________reserves the right to
change the mortgage loan review processes to a full documentation program. This may include verifying
the information provided on the application with the employer and/or the financial institution.
3. I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to
knowingly make any false statements when applying for this mortgage, as applicable under the
provisions of Title 18, United States Code, Section 1014.
AUTHORIZATION TO RELEASE INFORMATION
To Whom It May Concern:
1. I/We have applied for a mortgage loan through ________________________________. As part of
the application process, _____________________________________ and the mortgage guaranty insurer
(if any), may verify information contained in my/our loan application and in other documents required in
connection with the loan, either before the loan is closed or as part of its quality control program.
2. I/We authorize you to provide to ________________________________ and to any investor to
whom ___________________________________ may sell my mortgage, any and all information and
documentation that they request. Such information includes, but is not limited to, employment history
and income; bank, money market and similar account balances; credit history; and copies of income tax
returns.
3. ____________________________________ or any investor that purchases the mortgage may address
this authorization to any party named in the loan application.
4. A copy of this authorization may be accepted as an original.
Borrower
Co-Borrower
Calyx Form - borcera.frm (10/2013)
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION
BETTER LOANS CORPORATION, NMLS# 253611
Request for Verification of Employment
Privacy Act Notice:This information is to be used by the agency collecting it or its assignees in determining whether you qualify as a prospective mortgagor under its
program. It will not be disclosed outside the agency except as required and permitted by law. You do not have to provide this information, but if you do not your application
for approval as a prospective mortgagor or borrower may be delayed or rejected. The information requested in this form is authorized by Title 38, USC, Chapter 37
(if VA); by 12 USC, Section 1701 et. seq. (if HUD/FHA); by 42 USC, Section 1452b (if HUD/CPD); and Title 42 USC, 1471 et. seq., or 7 USC, 1921 et. seq. (if USDA/FmHA).
Instructions: Lender - Complete items 1 through 7. Have applicant complete item 8. Forward directly to employer, named in item 1.
Employer - Please complete either Part II or Part III as applicable. Complete Part IV and return directly to lender named in item 2.
The form is to be transmitted directly to the lender and is not to be transmitted through the applicant or any other party.
1. To (Name and address of employer) 2. From (Name and address of lender)
I certify that this verification has been sent directly to the employer and has not passed through the hands of the applicant or any other interested party.
3. Signature of Lender 4. Title 5. Date 6. Lender's No. (Optional)
I have applied for a mortgage loan and stated that I am now or was formerly employed by you. My signature below authorizes verification of this information.
7. Name and Address of Applicant (include employee or badge number) 8. Signature of Applicant
9.
Applicant's Date of Employment
10. Present Position 11.
Probability of Continued Employment
12A. Current Gross Base Pay (Enter Amount and Check Period)
$
Annual
Monthly
Weekly
Hourly
Other (Specify)
12B. Gross Earnings
Type Year To Date Past Year _____ Past Year _____
Thru _____
Base Pay $ $ $
Overtime $ $ $
Commissions $$$
Bonus $ $ $
Total $ $ $
13.
For Military Personnel Only
Pay Grade
Type Monthly Amount
Base Pay $
Rations $
Flight or
Hazard $
Clothing $
Quarters $
Pro Pay $
Overseas or
Combat $
Variable Housing
Allowance $
14.
If Overtime or Bonus is Applicable,
Is Its Continuance Likely?
Overtime Yes
Yes
No
NoBonus
15.
If paid hourly-average hours per week
16.
Date of applicant's next pay increase
17.
Projected amount of next pay increase
18. Date of applicant's last pay increase
19.
Amount of last pay increase
20.
Remarks (if employee was off work for any length of time, please indicate time period and reason)
21. Date Hired
22. Date T
erminated
23.
Salary/Wage at Termination Per (Year)(Month)(Week)
Base Overtime Commissions Bonus
24.
Reason for Leaving
25. Position Held
26.
Signature of Employer
27.
Title (Please print or type)
28. Date
29.
Print or type name signed in Item 26
30. Phone No.
Part I - Request
Part II - Verification of Present Employment
Part III - Verification of Previous Employments
Part IV - Authorized Signature
Federal statutes provide severe penalties for any fraud, intentional misrepresentation, or criminal connivance or conspiracy purposed to influence
the issuance of any guaranty or insurance by the VA Secretary, the U.S.D.A., FmHA/FHA Commissioner, or the HUD/CPD Assistant Secretary.
Calyx Form - voe.frm (11/07)
BETTER LOANS
9070 IRVINE CTR DR, STE 270
IRVINE, CA 92618
(P) 949-552-6060
(F) 949-786-0705
BETTER LOANS CORPORATION, NMLS# 253611