ALL FIGURES ON YOUR GOOD FAITH ARE APPROXIMATE. YOUR TAXES ARE
DETERMINED BY THE TAX ASSESSOR/COLLECTOR AND YOUR HAZARD INSURANCE WILL
BE QUOTED BY THE INSURANCE COMPANY OF YOUR CHOICE
MANY OF OUR PROGRAMS REQUIRE VERIFIABLE RESERVES. THESE FUNDS
ARE NOT BROUGHT TO CLOSING NOR ARE THEY REFLECTED IN THE AMOUNT NEEDED
FOR CLOSING ON THE GOOD FAITH ESTIMATE.
IF YOU SHOULD HAVE ANY CHANGES TO THE SALES PRICE Of YOUR
HOME(i.e. UPGRADES,CHANGES IN DOWNPAYMENT, TERMS OR TYPE OF LOAN)
PLEASE NOTIFY YOUR LOAN OFFICER. PLEASE DO NOT RELY ON YOUR BUILDER OR
REALTOR TO FURNISH US WITH THIS INFORMATION. LAST MINUTE CHANGES MAY
AFFECT YOUR CLOSING DATE.
NOTIFY YOUR LOAN OFFICER IF IN THE EVENT THAT YOU WILL NOT BE
USING THE FUNDS DISCLOSED ON YOUR INITIAL LOAN APPLICATION FOR YOUR
DOWN PAYMENT AND CLOSING. DO NOT DEPOSIT THESE FUNDS WITHOUT FIRST
DISCUSSING WITH YOUR LOAN OFFICER. THESE FUNDS MUST BE PROPERLY PAPER
TRAILED.
WE WILL ALWAYS UPDATE YOUR FILE(i.e.BANK STATEMENTS, PAYSTUBS,
CREDIT REPORTS, etc.) PLEASE KEEP ALL INFORMATION. YOU MUST NOTIFY YOUR
LOAN OFFICER OF ANY CHANGES TO THE INFORMATION STATED ON YOUR LOAN
APPLICATION(i.e. CHANGE IN RESIDENCE, PHONE #,EMPLOYMENT STATUS,
SALARY, CHANGE IN DEPOSITARY ACCOUUNTS, MARITAL STATUS, etc…)
NOTIFY YOUR LOAN OFFICER PRIOR TO FINANCING ANY PURCHASES.
ADDITIONAL DEBT MAY AFFECT YOUR ABILITY TO QUALIFY FOR YOUR NEW HOME
PURCHASE. ANY NEW CREDIT CHECKS BY OTHER PARTIES MAY ALSO AFFECT YOUR
CREDIT SCORE WHICH COULD NEGATIVELY AFFECT YOUR APPROVAL
PLEASE MAKE SURE ALL EXISITING CREDIT IS KEPT CURRENT THROUGH CLOSING.
ALLIED CAN NOT GUARANTEE YOUR CLOSING DATE. PLEASE HAVE A
CONTINGENCY PLAN IN PLACE FOR SHELTER IN THE EVENT YOUR CLOSING DATE IS
NOT MET.
YOU MAY WISH TO LOCK YOUR INTEREST RATE DURING THE LOAN
PROCESS. PLEASE DISCUSS SPECIFICS WITH YOUR LOAN OFFICER ANY INTEREST
RATE LOCK MUST BE IN WRITING.
THE NATURE OF THE MORTGAGE PROCESS REQUIRES THAT DURING THE
LOAN PROCESS WE MAY ASK FOR ADDITIONAL INFORMATION THROUGH OUT THE LOAN
PROCESS.
IF THE INVESTOR OF FIRST CHOICE DENIES YOUR LOAN WE MAY SHOP
YOUR LOAN WITH ADDITIONAL INVESTORS. THIS COULD CHANGE THE INITIAL LOAN
TERMS OFFERED TO YOU.(i.e RATE,DOWNPAYMENT,TERM, etc.)
YOUR FUNDS TO CLOSE REQUIRE THAT YOU PAY WITH A CASHIER’S CHECK PAYABLE TO THE TITLE COMPANY
ANY DOCUMENTATION THAT YOU GIVE ALLIED (PAYSTUBS,
BANKSTATEMENT ,etc.) PLEASE MAKE SURE YOU KEEP A COPY FOR YOUR SELF
JUST IN CASE OF THE REMOTE POSSIBILITY THAT ALLIED WERE TO MISPLACE
YOUR INFORMATION
PLEASE BE CAREFUL NOT TO HAVE ANY NSF OR OVERDRAFT ACTIVITY ON YOUR BANK STATEMENTS
THANK YOU FOR CONSIDERING ALLIED FOR YOUR HOME FINANCING
[ Open Printer Friendly Page ]
|
|
|
