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Boiling Springs Savings Bank 25 Orient Way Rutherford, New Jersey 07070 (201) 5073200 NLS Company Identifier: 710383 RESIDENTIAL LOAN APPLICATION PACKAGE This instruction sheet is designed to assist
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How to fill out residential loan application package

01
To fill out a residential loan application package, follow these steps:
02
Start by providing your personal information, including your full name, date of birth, social security number, and contact information.
03
Fill in details about your current employment status, including your employer's name, address, and contact information.
04
Provide information about your income, including your salary or wages, bonuses, commissions, and any other sources of income.
05
Disclose details about your assets, such as bank accounts, investments, and owned properties.
06
List any outstanding debts and liabilities, including credit card debts, student loans, and other loans.
07
Fill out information about the property you intend to purchase, including the address, type of property, and estimated purchase price.
08
Provide details about the loan you are applying for, such as the loan amount, desired term, and interest rate preference.
09
Sign and date the application, and make sure to review it for accuracy and completeness before submitting it.

Who needs residential loan application package?

01
Anyone who is planning to apply for a residential loan needs a residential loan application package.
02
This includes individuals or families who are looking to purchase a home, refinance their existing mortgage, or obtain a home equity loan or line of credit.
03
Both first-time homebuyers and experienced homeowners who are seeking financing for residential properties would require a residential loan application package.
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Residential loan application package is a set of documents and forms that borrowers need to fill out to apply for a home loan.
Anyone looking to apply for a residential loan is required to file a residential loan application package.
To fill out a residential loan application package, borrowers need to provide personal information, financial details, and information about the property being purchased.
The purpose of a residential loan application package is to collect necessary information from borrowers to process their home loan application.
Information such as personal details, financial information, employment history, and details about the property being purchased must be reported on a residential loan application package.
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