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PreQualification Worksheet Lorraine Bookout Marsha Bane Loan Officer Legacy Mutual Mortgage NMLS #229920 Office: (210) 9995871 Cell: (210) 387.7893 FAX: 210.764.5694 lbookout legacymutual.com marsha.

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How to use or fill out the Prequal Worksheet Generic-marsha.doc - Baneproperties online

Completing the Prequal Worksheet Generic-marsha.doc - Baneproperties is a crucial step in the mortgage prequalification process. This guide will assist you in filling out the form accurately and efficiently, ensuring that all necessary information is provided.

Follow the steps to complete the form smoothly.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering the 'Borrower’s Name' and 'Co-Borrower' name in the designated fields at the top of the form. Make sure to provide full legal names as they appear on identification documents.
  3. Next, fill in the 'Social Security #' for both the borrower and co-borrower. Ensure the numbers are accurate, as they are used for identity verification.
  4. Input the date of birth (DOB) for both the borrower and co-borrower in the provided fields. Format the DOB properly to avoid any processing issues.
  5. Provide the complete address including zip code. This is crucial for the lender to assess property eligibility.
  6. Enter the telephone number for work and a cell number where you can be reached. This contact information is important for communication throughout the process.
  7. Fill in your email address. This will be used for sending notifications and updates regarding your application.
  8. Detail your employment information by specifying your employer's name and indicating whether you are salaried, hourly, or self-employed. Additionally, note how long you have been employed in this position.
  9. Repeat the previous step for the co-borrower’s employment details, if applicable.
  10. Complete the section regarding your comfortable housing payment. Enter the amount you are comfortable paying monthly for housing.
  11. List your income sources including monthly salary, overtime, bonuses, and other income for both borrower and co-borrower in their respective sections.
  12. Document all obligations such as car loans, credit cards, child support, personal loans, and other debts for both borrower and co-borrower.
  13. Read the authorization section carefully. This section grants the lender permission to verify your information. Make sure you understand it before proceeding.
  14. Finally, sign and date the form where indicated, ensuring both the borrower and co-borrower complete their parts.
  15. Once all sections are filled out, save changes, download, print, or share the form as necessary.

Start completing your Prequal Worksheet online today to get one step closer to your mortgage prequalification!

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