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  • Non Borrower Credit Authorization Form

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Boarder payment contributed to the household on a monthly basis**: $ **In order for this payment to be considered, there must be documentary evidence that the payment has been, and will reasonably continue to be, relied upon to support the mortgage payment. I agree that the information provided is an accurate statement of my residency and the monthly payment that I contribute to the household for the above property address. My signature below grants HSBC Mortgage Corporation (USA) authority to o.

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How to fill out the Non Borrower Credit Authorization Form online

Filling out the Non Borrower Credit Authorization Form online is a straightforward process that allows you to provide necessary information for credit verification. This guide will walk you through each section of the form to ensure a smooth completion.

Follow the steps to complete the form accurately.

  1. Click 'Get Form' button to obtain the form and open it in the editor.
  2. Enter your contributor name in the designated field. This should be your full legal name as it appears on official documents.
  3. Input your Social Security number in the corresponding field. This information is required for identity verification and should be entered accurately.
  4. Provide your home phone number. Ensure that the number is current and can be used for contact purposes.
  5. Enter your loan number in the appropriate section. This number is typically found in your loan documents and is essential for identification.
  6. Fill in your current address of residency. This should reflect your primary living address.
  7. Indicate whether you occupy the property by selecting 'Yes' or 'No'. This information is vital for verifying your residency.
  8. State the monthly rental or boarder payment you contribute to the household in the specified field. Make sure this amount has supporting documentation.
  9. Review the agreement stating the accuracy of the residency information and your contribution. Ensure you understand the implications of the statement.
  10. Sign the form in the designated signature field. Your signature authorizes HSBC Mortgage Corporation (USA) to order a credit report for verification.
  11. Date the form by entering the current date in the provided field.
  12. Once all sections are filled out, you can save changes, download, print, or share the form as necessary.

Complete your documents online today to ensure timely processing.

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A person who is an owner but does not have an obligation to repay the loan is sometimes referred to as a non-obligor or non-borrower. One easy solution would be to have the additional name(s) added to the deed after closing. ... In conclusion, you can be a title holder and not be obligated to the loan.

The borrower's certification and authorization also authorizes the lender to share information in the loan application with other parties. It also gives the lender the right to verify information in the loan application, credit application, and employment history.

The authorization to access employment and income history from federal or state records, including SESA records, for this transaction continues in effect for one (1) year unless limited by state law, in which case the authorization continues in effect for the maximum period, not to exceed one (1) year, allowed by law.

When two or more people are purchasing a property, one or more of them may not be financially obligated to repay the loan. A person who is an owner but does not have an obligation to repay the loan is sometimes referred to as a non-obligor or non-borrower.

Non-borrowing spouses are required to sign the Mortgage, CD and Right of Rescission (if applicable).

A third party authorization form says to your mortgage company that you allow a third party to receive information about you and your mortgage. It may allow the third party to take actions for you. ... You need to tell your mortgage company what the third party can do and what the third party cannot do.

Borrower Signature Authorization is a form signed by the applicant authorizing the lender to obtain and verify information and documentation from third parties that is needed in connection with the application for mortgage loan.

Due to the vested interest of the non-titled spouse, your title company needs to figure out if the real estate transaction involves community property, and if it does, buyers and lenders will require the signature of your spouse on legal documents.

For our purposes, a non-borrower is an individual who resides in your home and contributes to the household income but is not personally obligated on your mortgage loan. As part of the evaluation process, a Credit Authorization Form must be completed and signed by each non-borrower.

All borrowers on the mortgage application typically must be on title as an owner. However, non-borrowers can be on title as well. This means that both you and your spouse or partner are considered official owners of the residence.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232