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Lender
1 |
Lender
2 |
| Name of
Lender |
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| Name of
Contact |
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| Date of
Contact |
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| Mortgage
Amount |
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| Basic Information on the Loans |
Mortgage
1 |
Mortgage
2 |
Mortgage
1 |
Mortgage
2 |
| Type of Mortgage:
Fixed rate, adjustable rate, conventional, FHA, other? If
adjustable, see below. |
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| Minimum down
payment required |
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| Loan term (length
of loan) |
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| Contract interest
rate |
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| Annual percentage
rate (APR) |
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| Points (may be
called loan discount points) |
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| Monthly Private
Mortgage Insurance (mortgage insurance) premiums |
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| How long must you
keep mortgage insurance? |
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| Estimated monthly
escrow
for taxes and hazard insurance |
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Estimated monthly
payment
(Principal, Interest, Taxes, Insurance, mortgage insurance) |
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Fees
Different institutions may have different
names for some fees and may charge different fees. We have listed
some typical fees you may see on loan documents. |
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| Application fee or
Loan processing fee |
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| Origination fee or
Underwriting fee |
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| Lender fee or
Funding fee |
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| Appraisal
fee |
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| Attorney
fees |
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| Document
preparation and recording fees |
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| Broker fees (may
be quoted as points, origination fees, or interest rate
add-on) |
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| Credit report
fee |
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| Other
fees |
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| Other Costs at
Closing/Settlement |
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Title search/Title
Insurance
For
lender
For you |
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| Estimate prepaid
amounts for interest, taxes, hazard insurance, payments to
escrow |
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| State and local
taxes, stamp taxes, transfer taxes |
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| Flood
determination |
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| Prepaid Private
Mortgage Insurance (mortgage insurance) |
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| Surveys and home
inspections |
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| Total Fees
and Other Closing/Settlement Cost Estimates |
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