West Coast Mortgage Co. - Mortgage Prequalification

Pre-Qualify for a Loan Online

Qualifying for a mortgage loan is not a simple process. There are many factors to consider. We believe that a personal touch to the pre- qualification process is not only important, but a requirement. There are many choices. Non-conventional, Conventional, Fixed, Adjustable and Government Loans. Work with your loan officer to find the right program that is best for you and your situation.

How much house can you afford? The answer to this question is based upon several factors. First your own personal "financial comfort level" and secondly, your financial condition. You may qualify for a loan amount that is greater than your comfort level. Stay within your comfort zone. What is a pre-qualification? A pre-qualification is an estimate of how much you can afford in a mortgage payment. A pre-qualification is just that, an estimate. It is based upon the information you provide, and is subject to the approval process, including further details such as a credit report, appraisal, and income verification. What is a pre-approval? A pre-approval is different. It is a firmer commitment on behalf of the mortgage company. The credit report is already done, and Fill it out! the terms are subject to the appraisal of the house you intend to purchase. A "pre-approval" gives the home buyer an advantage in the marketplace. It is easier to negotiate with a home seller, and closing the transaction usually takes a shorter period of time. Pre-approval also makes the home buying process less stressful knowing that you're already approved.

The following form will be sent directly to West Coast Mortgage Co. for pre-qualification. Steve will respond by a phone call or e-mail within 24 hours. If you need immediate assistance, please call Steve Mason 24 hours 1-800-901-2111, or you can e-mail us directly. All information is held in strict confidence.

Help us help you .... We, at West Coast Mortgage Co. are anxious to be of assistance to you and request the following information to evaluate how best to assist you.

Type of Loan Requested:

Is it Owner Occupied?

Property Type

Full Name

SSN#:

Date of Birth (mm/dd/yy)

Spouse's Full Name

Spouse's SSN#:

Spouse's Date of Birth (mm/dd/yy):

Street Address:

City

State

Zip

Home Phone:

AM PM

Work Phone:

AM PM

E-mail address

Estimated Property Value/
Sale Price :

Loan Amount Requested

Original Purchase Price and year acquired:

Year:

Employer Name:

Years on Job:

Self Employed?

Do you work on commission?

Gross Monthly Income:

Spouse Employer Name:

Years on Job:

Self Employed?

Gross Monthly Income:

If you have any other Verifiable Income, please describe it here or any additional comments:

ASSETS
		Cash or Market Value
Residence:		$
List checking and savings accounts below
Checking Account Number		$
Name and address of Bank, S&L, or Credit Union

Savings Account Number		$
Name and address of Bank, S&L, or Credit Union

Brokerage Account or Mutual Fund (Company Name/number & description)		$

401k or IRA account:		$
Real Estate (other than residence):		$
Other Assets :		$

LIABILITIES
Name and Address of Company	Account number	Monthly payment & months left to pay	Unpaid Balance
Auto Loan
Auto Loan
Mortgage Holder
Credit Card
Credit Card
Alimony/Child Support/Separate Maintenance Payments Owed to:

Current Mortgage Company:

Mortgage Balance:

Monthly Payment:

Yearly Property Taxes:

Escrow Taxes:

2nd Mortgage Company:

Mortgage Balance:

Monthly Payment:

1st Mortgage Interest Rate:

2nd Mortgage Interest Rate:

Any Bankruptcies?:

If so, what type:

Was it:

What Year was it discharged or dismissed?