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Borrower :
Loan Officer:
Date:
E-Mail:
My Commitment to you is to help you make informed choices about your financing when buying your home. You can help me do that by completing this brief questionnaire prior to our application appointment. There are many different ways to finance a home, but you find the best option for you we must take into consideration your long and short term financial and investment goals as your payment and equity objectives. During our appointment, I will work with you to outline your goals, analyze your current purchasing power and then recommend several different strategies that will enable you to achieve your goals.
1. Have you ever owned a home before?
----
Yes
No
What type of mortgage did you have ?
2. Do you prepare your own income tax return ?
----
Yes
No
If not, are you familiar with how the tax advantages of a mortgage work?
3. How long do you plan to live in this house?
4. Realistically, how much do you expect your household income to increase or decrease in the next
2 years
5 years
5. Do you foresee incurring other financial obligations within the next 5 years, such as ....
A new car?
-------
Yes
No
Change in work time? (Switch to part time)
----
Yes
No
A new baby?
-------
Yes
No
Other :
College expenses?
-------
Yes
No
6. Which of the following personal goals are most important to you? Please rank in order of importance to you with 1 being the most important and 8 being least.
---
1
2
3
4
5
6
7
8
Building your net worth
---
1
2
3
4
5
6
7
8
Moving to a larger within
years
---
1
2
3
4
5
6
7
8
Having your mortgage paid off when you retire.
---
1
2
3
4
5
6
7
8
Achieving Financial Freedom
If so, when do plan to retire?
years
---
1
2
3
4
5
6
7
8
Saving money to send kids to college
---
1
2
3
4
5
6
7
8
Investing in the stock market.
other:
7. What is most important about this mortgage to you? Please rank in order of importance to you with 1 being the most important and 8 being least.
---
1
2
3
4
5
6
7
8
Lowest payment
---
1
2
3
4
5
6
7
8
Eliminating other debt
---
1
2
3
4
5
6
7
8
Lowest down payment
---
1
2
3
4
5
6
7
8
Lowest closing costs
---
1
2
3
4
5
6
7
8
Maximize tax benefits
other
---
1
2
3
4
5
6
7
8
improve credit history
---
1
2
3
4
5
6
7
8
Paying the loan off ASAP
8.What mortgage payment do you feel comfortable making?
A. My current rent is $
per month.
B. My current mortgage payment is $
per month.
C. Do you currently have a house hold budget?.
-------
Yes
No
9. How would you best describe your financial philosophy?
--------
Conservative
Moderate risk taker
Risk taker
A. Do you work with a financial planner?
-------
Yes
No
How do you rate him/her?
-------
Excellent
Good
Average
B. Do you work with a stock broker?
-------
Yes
No
How do you rate him/her?
-------
Excellent
Good
Average
C. Do you work with a life insurance agent?
-------
Yes
No
How do you rate him/her?
-------
Excellent
Good
Average
10. Do you have a tax deferred retirement plan at work?
-------
Yes
No
A. Do you participate in that plan?
-------
Yes
No
B. If yes, do you maximize your contribution?
-------
Yes
No
11. Have you put a will in place or established a living trust to protect you family's
assets in the event of something happening to you? A will
-------
Yes
No
A living trust?
-------
Yes
No
If so, how would you rate your will/ estate planning attorney?
-------
Excellent
Good
Average
What is most important to you about working with a lender?
Thank you for taking the time to answer these questions. I look forward to meeting with you and helping you choose the best mortgage financing options for your own personal situation.
