Section Guide - Financial Information (real estate)

This section is for real estate assets you own, including your primary residence, vacation homes and investment properties.

If you have more than one real estate asset, click the ADD button near the top of the page to add more properties to your application.

If you are refinancing, list the property you are refinancing FIRST.

Complete the Address Details for all Properties

    Property Value

        This is your estimate of the value of the property. This is likely different from the assessed value of the property for tax. For each property, brokers and lenders will need to have a copy of mortgage statements for all existing properties.

    Status

        Is the property sold, or sale pending, or being retained (for a refinance, for example).

    Intended Occupancy

        Is this property your primary residence, second home or an investment or other Intended 

   Occupancy Type? 

       Monthly Insurance, Taxes, Association Dues, etc. if not included in Monthly Mortgage 

   Payment

        What does this property cost per month when all related mortgage loan payments, taxes and fees are included?

    For 2-4 Unit Primary or Investment Property

        Monthly Rental Income

          How much income does this property generate each month from tenants, if any?

    Mortgage Loans on this Property

        For each mortgage loan, include the Creditor Name (the bank, for example), the Account Number, the Monthly Mortgage Payment, the Unpaid Balance (how much is left to pay on the mortgage loan), check the box if this mortgage is to be paid off at or before closing (if you are refinancing, then you will almost certainly need to check this box), the loan Type (FHA, Conventional, VA etc) and the Credit Limit (if applicable).

        If you have more than one mortgage loan on the property, use the "+" symbol to add another row.