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Short Form Mortgage Application (Mini1003)Page 1 of 3LONG GROVE MORTGAGE NLS 210846DATE PURPOSE OF LOAN:LOAN OFFICER: REFINANCE PURCHASES SN: ___/___/19___PRIMARY BORROWER: EQUITY LINE CONSTRUCTION
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How to fill out short form mortgage application

01
Gather all necessary documents such as personal identification, income verification, assets and liabilities information, and property details.
02
Complete the personal information section including your name, contact information, and social security number.
03
Provide details about your employment history, income sources, and monthly expenses.
04
Fill out information about the property you are planning to purchase or refinance including the address, purchase price, and loan amount.
05
Review the application for accuracy and completeness before submitting it to the mortgage lender.

Who needs short form mortgage application?

01
Individuals who are applying for a mortgage loan for the purchase or refinance of a home.
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Short form mortgage application is a simplified version of the traditional mortgage application, typically requiring less documentation and information.
Borrowers who are looking to apply for a mortgage and lenders who are processing the mortgage application are required to fill out the short form.
To fill out a short form mortgage application, borrowers need to provide basic information such as personal details, income, assets, and liabilities.
The purpose of a short form mortgage application is to streamline the mortgage application process and make it quicker and easier for borrowers to apply for a mortgage.
Information such as personal details, income, assets, liabilities, and the property being purchased or refinanced must be reported on a short form mortgage application.
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