Mountain Valley Home Mortgage

Need to talk with a live Mortgage specialist?

Call us toll free at:
1-866-370-5261

Guaranteed no-hype home mortgages. We will not low-ball you only to raise your rates at a later date.

Pre-approval is a process by which Mountain Valley Mortgage will provide you with a mortgage commitment and preliminary approval of your loan application. It is a shortened pre-requisite, although not required, to a full application. Because we have over 300 loan programs, we will need to contact you, discuss the various loan options available to you, and find the best program that addresses your particular needs and wants.

Personal attention

After we have obtained your information and discussed with you the options available, Mountain Valley Mortgage will provide you with a rate quote and letter of pre-approval. Pre-approval means that your income and credit meet the guidelines and criteria for the loan you have selected. Pre-approval is provided in writing and may contain necessary conditions needed to obtain final approval. Conditions or Stipulations are circumstances or tasks that must be completed before you loan can be funded.

Because Pre-Approval requires a complete Credit Check and preliminary loan processing, we request pre-payment of our out-of-pocket expenses of $35.00. Unfortunately, we are forced to impose this fee because of the many non-serious requests we receive which serve only to increase costs to our bona-fide clients. However, this fee will be credited toward the costs of the transaction when you close on your mortgage. This fee will be waived if your pre-approval is submitted through one of our affiliate realtors. Check with your realtor to see if you qualify to have this fee waived.

To get pre-approved for a loan, please complete the information requested below to the best of your ability and we will contact you to discuss the various loan programs available to you. Alternately, you may contact us Toll Free at 1-866-370-5261 and complete the application over the phone.

Borrower Information

First Name

Last Name

Present Street Address
City	State	Zip

Own
Rent
Living Rent Free

Years at Present Address

Home Phone		Work Phone		Cell Phone
Email

Estimated Credit Rating
Excellent - No history of late payments Good - No late payments w/in 2 years Fair - Few recent late payments, No chargeoffs or bankruptcy w/in 5 yrs Poor - Many recent late payments including chargeoffs

Is there a co-borrower?

Yes

Co-Borrower Information

(If none, skip this section)

First Name

Last Name

Present Street Address
City	State	Zip

Own
Rent
Living Rent Free

Years at Present Address

Home Phone		Work Phone		Cell Phone
Email

Estimated Credit Rating
Excellent - No history of late payments Good - No late payments w/in 2 years Fair - Few recent late payments, No chargeoffs or bankruptcy w/in 5 yrs Poor - Many recent late payments including chargeoffs

Property Information

Purchase Price or Estimated Value

Loan Amount

Property Street Address
City	State	Zip

Property Use

Primary Residence
Secondary Residence
Investment Property

Property Type

Monthly Real Estate Taxes		Monthly Association Dues / Monthly Maintenance
Money you have available for closing:

Borrower

Employment Information

Self-employed or Independent Contractor (1099)?		Yes No
Monthly gross income ($)

Liquid Assets

Checking

Savings

Stocks & Bonds

Previous Address (within the last 2 years)

Street Address
City	State	Zip

Borrower Marital Status

Married
Unmarried
Separated

Borrower Social Security Number

I agree to let Mountain Valley Mortgage
obtain my credit report
Yes No

Co-Borrower Marital Status

Married
Unmarried
Separated

Co-Borrower Social Security Number

I agree to let Mountain Valley Mortgage
obtain my credit report
Yes No

PLEASE LIST ALL DEBTS (Borrower & co-Borrower)

(student loans, car loans/leases, personal loans, credit cards, lines of credit, mortgages, home equity loans, etc. We will obtain most of this information from your credit report so you only need to supply information that you feel may not be reported)

Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower
Name of Creditor	Balance	Monthly Payment	Debt of Borrower Co-Borrower

Declarations/Government Monitoring Information

Bankruptcy (past 7 years)		Yes No
Foreclosure (past 7 years)		Yes No
Federal Delinquency/Lien		Yes No

I/we certify that the information provided in this application is true and correct to the best of our knowledge as of the date set forth opposite my/our signature(s) on this application and acknowledge my/our understanding that my misrepresentation(s) of information, intentional or otherwise, contained in this application may affect my eligibility for any quoted program, rate, lenders, and voids any warranties and guarantees offered by Mountain Valley Mortgage.

Borrower Acknowledgement

Co-Borrower Acknowledgement

Credit Card Information

You will be charged $35.00 for a complete credit check, a copy of which will be forwarded to you upon request. This fee will be credited toward the costs of the transaction when you close on your mortgage with us. See Why do we charge? for more information.

I am exempt from these charges.
My Qualifying Realtors Name is:

Name on Credit Card:

Type of Credit Card:

Credit Card Number:

Card Verification Number:

Expiration Date:

Amount of Payment:

$35.00

Billing address (where you receive your credit card bills), if different from above

Street:

City:

State:

Zip Code:

This document will not be "signed" in the sense of a traditional paper document. To verify the contents of this form, the signatory must enter any combination of alpha/numeric characters that has been specifically adopted to serve the function of the signature, preceded and followed by the forward slash (/) symbol. Acceptable "signatures" could include: /john doe/; /jd/; and /123-4567/. For example: if your name is John Miller, you could type /John Miller/ below.

Signature: Date: