Information needed for accurate loan estimation

Purchase loan

Refinance loan

Refinance loan

  1. Name
  2. Phone #
  3. Email id
  4. Subject property address
  5. Type of house (Detached/Attached)
  6. Sq footage of house
  7. Price
  8. Loan amount
  9. Down payment
  10. Loan term (30/15 yrs etc)
  11. Property tax (Ignore if not known)
  12. Home Insurance  (Ignore if not known)
  13. Who pays for the title insurance (seller/Buyer) Section 6A of contract
  14. Who pays the Survey cost (seller/Buyer) Section 6C of contract
  15. Credit score
  16. # of borrowers
  17. Debt to income ratio (If you know)
  18. Escrow needed (Some lenders make escrow mandatory for less than 20% downpayment)
  19. Option fee
  20. Earnest Money
  21. Any other credit expected (realtor or seller's credit)
  22. Occupancy (Primary or rental etc)
  23. Immigration status
  24. Closing date

Refinance loan

Refinance loan

Refinance loan

  1. Name
  2. Phone #
  3. Type of house (Detached/Attached)
  4. Sq footage of house 
  5. Current Value of house
  6. Current Loan amount (Remaining amount)
  7. Loan term (30/15 yrs etc)
  8. Property tax
  9. Insurance 
  10. Credit score
  11. Number of borrowers - Only if you have PMI
  12. Debt to income ratio  - Only if you have PMI
  13. Escrow (Do you want to have escrow)
  14. Occupancy (Primary or rental etc)
  15. Immigration status
  16. Insurance renewal month - Important
  17. Last Financed (month/year) - Important