Get Conditional Approval Form

Filling out the Conditional Approval Form online is a crucial step in the loan approval process. This guide will provide you with clear, step-by-step instructions to help you complete the form efficiently and accurately.

Follow the steps to fill out the Conditional Approval Form online.

1. Press the ‘Get Form’ button to obtain the Conditional Approval Form and open it in your editor.
2. Enter the date at the top of the form. This should be the date when you are submitting the application.
3. Fill in the applicant's name in the designated field. Ensure that you provide the full legal name of the person applying for the loan.
4. Provide the mortgage banker’s name in the corresponding field. This should be the individual or company you are working with.
5. Input the registration number in the specified section. This number is essential for tracking your application.
6. Complete the address section with the relevant details of the applicant.
7. Insert the phone number of the applicant for contact purposes.
8. Describe the loan details by entering the loan amount, interest rate, and any applicable interest rate lock expiration.
9. Fill in the maximum loan-to-value ratio and specify the loan type and program selected.
10. If secondary financing terms are applicable, provide the details as requested.
11. Optionally, add any points, origination, discount, and commitment information in the specified fields.
12. List the subject property details to clarify which property the loan is associated with.
13. Indicate whether the mortgage banker has received a signed application from the applicant by checking the appropriate box.
14. Confirm if the mortgage banker has verified applicant’s credit report and income by checking the relevant boxes.
15. Provide affirmations about the applicant's available cash for down payment and review of debts and other assets by checking the corresponding boxes.
16. List any additional conditions that must be satisfied prior to the closing, including appraisal requirements and insurance conditions.
17. Finally, specify the expiration date of the conditional approval at the bottom of the form.
18. After completing the form, save your changes and choose to download, print, or share the form as needed.

Complete your documents online today and secure your loan process.