Get the free Continuation SheetResidential Loan bApplicationb - Determortgagecom

Continuation Sheet/Residential Loan Application For use to complete the Residential Loan Application to allow full communication and disclosure. Borrower: Agency Case Number: Co-Borrower: Lender Case

How to fill out continuation sheetresidential loan bapplicationb

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

1. Start by obtaining the continuation sheet form from your lender or mortgage institution. This form is typically required when additional information is needed to complete the loan application.
2. Fill in the basic information at the top of the continuation sheet, including your name, contact information, and the date of the application.
3. Indicate the loan application number or reference number on the continuation sheet, which will help the lender associate it with the main application.
4. Clearly label each section or question on the continuation sheet with the corresponding section or question number from the main application. This ensures that the lender can easily match the information provided.
5. Provide the requested information or documentation that was not included in the main application. This could include additional income details, explanations for credit discrepancies, or any other required documentation.
6. Double-check all information provided, making sure it is accurate and up to date. Any incorrect or incomplete information may delay the loan application process.
7. Sign and date the continuation sheet, indicating your agreement to provide the additional information as requested.

Who needs a continuation sheet for a residential loan application?

A continuation sheet for a residential loan application may be required for individuals who have complex financial situations, such as self-employed individuals with multiple sources of income, investors with multiple properties, or borrowers with non-traditional sources of income. It may also be requested when additional documentation or explanations are needed to support the main loan application. Ultimately, the lender or mortgage institution will determine if a continuation sheet is necessary based on the individual circumstances of the borrower.

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