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Short Form Mortgage Application (Mini1003)Page 1 of 3LONG GROVE MORTGAGE NMLS 210846DATE PURPOSE OF LOAN:LOAN OFFICER: Christine OReilly REFINANCE PURCHASENMLS: 145242SSN: ___/___/19___PRIMARY BORROWER:
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A short form mortgage application is a simplified version of the standard mortgage application, designed to collect essential information from borrowers in a more concise manner.
Typically, borrowers seeking a mortgage loan that meets specific criteria, such as lower loan amounts or certain financial profiles, may be required to file a short form mortgage application.
To fill out a short form mortgage application, borrowers should provide personal identification information, financial details, property information, and any other required specifics straightforwardly and accurately.
The purpose of a short form mortgage application is to expedite the loan approval process by collecting only necessary information, helping both borrowers and lenders streamline their interactions.
The information that must be reported typically includes the borrower's name, address, income, employment details, debt obligations, and information regarding the property being financed.
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