Get Ca Re 851a 2018-2025

This guide provides step-by-step instructions for filling out the CA RE 851A form online. Designed for ease of use, it ensures that you understand each section of the form, facilitating a smooth completion process.

Follow the steps to correctly fill out the CA RE 851A online.

1. Press the ‘Get Form’ button to access the online CA RE 851A form.
2. Begin with Part 1, filling in the broker information, including the name, business address, and license ID. Ensure all details are accurate to avoid complications.
3. In Part 2, indicate the broker's capacity in the transaction by checking the applicable options (agent, principal, or funding). If necessary, provide explanations for any checked boxes.
4. Complete Part 3 with transaction information. Fill in details such as the loan term, priority, interest rate, and amount of payment. Make sure to specify if the loan is variable or fixed.
5. In Part 4, provide the escrow holder's name and address. Also, determine the anticipated closing date and estimated costs for both the lender and borrower.
6. In Part 5, analyze the loan-to-value ratio by entering the relevant financial figures. Ensure to cross-reference the maximum allowable percentages based on property type.
7. Fill out Part 6 regarding servicing arrangements. Check if your broker is serving as an agent and provide the required details.
8. Continue to Part 7 for borrower information, including names, residence addresses, occupations, and sources of income. List gross monthly income and total monthly expenses accurately.
9. In Part 8, identify the property being secured. Include the street address and confirm annual property taxes.
10. Complete Part 9 by providing appraisal information and confirming the market value. Include notes on past relationships with the appraiser, if any.
11. Part 10 should offer detailed encumbrance information concerning the property. Include responses to all queries about current liens and the financial status of loans.
12. In Part 11, calculate the loan to value ratio based on the information filled in previous parts. Confirm all figures correlate correctly with what is laid out.
13. Finally, review your completed form for accuracy. Save changes, and once satisfied, download, print, or share the CA RE 851A form for your records.

Complete your CA RE 851A form online for a seamless filing experience.