Get the free Continuation Sheet/Residential Loan Application Use this continuation sheet if you n...

Continuation Sheet/Residential Loan Application Use this continuation sheet if you need more space to complete the Residential Loan Application. Mark B for Borrower or C for Borrower. Borrower: Agency

How to fill out continuation sheetresidential loan application

How to fill out a continuation sheet for a residential loan application:

1. Start by obtaining the continuation sheet from your loan officer or bank. It is usually provided along with the loan application form.
2. Begin by filling out the header section of the continuation sheet. This includes providing your name, address, contact information, loan application number, and any other required details.
3. Next, move on to the section where you need to provide the details of your employment history. List your current and previous employers, job titles, dates of employment, and the type of employment (full-time, part-time, self-employed, etc.).
4. Proceed to the section for your income details. This is where you will provide information about your salary, commissions, bonuses, and any other sources of income. Include supporting documents, such as pay stubs or tax returns, if required.
5. If you have any other sources of income, such as rental properties or investments, there may be a separate section to fill out. Provide all the necessary details, including the income generated and any expenses associated with these sources.
6. Move on to the section for your assets. This includes providing information about your bank accounts, investments, real estate properties, and any other valuable assets you own. Include accurate values and account numbers where applicable.
7. In the liabilities section, list all your outstanding debts, such as credit card balances, student loans, car loans, and mortgages. Include details about the creditor, outstanding balance, monthly payment, and any other relevant information.
8. The continuation sheet may also have sections for additional information, such as explanations for gaps in employment or any special circumstances regarding your finances. Complete these sections as required.
9. Review all the information you have provided on the continuation sheet for accuracy and completeness. Make sure you have signed and dated the document before submitting it along with the rest of your loan application.

Who needs a continuation sheet for a residential loan application:

1. Individuals applying for a residential loan who have additional employment history, income sources, or financial assets that cannot be accommodated within the space provided on the main loan application form.
2. Borrowers who need to provide more detailed information about their employment, income, assets, and liabilities to support their loan application.
3. Applicants who have unique circumstances or financial complexities that require additional explanation or documentation.

For pdfFiller’s FAQs

What is continuation sheetresidential loan application?

A continuation sheetresidential loan application is a document that provides additional space for borrowers to provide detailed information required for their residential loan application.

Who is required to file continuation sheetresidential loan application?

Borrowers who need additional space to provide required information on their residential loan application.

How to fill out continuation sheetresidential loan application?

Fill out the continuation sheetresidential loan application with accurate and detailed information as requested.

What is the purpose of continuation sheetresidential loan application?

The purpose of the continuation sheetresidential loan application is to ensure that all necessary information is provided for the residential loan application.

What information must be reported on continuation sheetresidential loan application?

Borrowers must report any additional information requested by the lender on the continuation sheetresidential loan application.

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