Rader Mortgage - Refinance Questionnaire

The Refinance Questionnaire

This page includes the necessary steps to making an informed decision for the refinance process. Please fill in the sections below so we can offer you all of the best programs for your needs and save you time up-front.

Personal Information

Applicant's name:
Co-Applicant's name:

E-mail:

Daytime phone:

Evening phone:

Refinance Questionnaire

What is your goal with this potential refinance? (mark your choice):

Lower payment
Cash out to pay off consumer debt

Reduce term of the loan

Other

Which is more important to you? (mark your choice):

Lowest possible interest rate

Minimize cash out of pocket

Do you think your home has appreciated considerably?

Yes No

What do you feel is the current market value of your home?

$

What improvements have you made to your home?

Are you interested in reducing the term of your loan and literally
saving thousands of dollars over the life of your loan?

Yes No

How long have you been in your current home?

How long do you plan to remain in your home?

Are there any special issues or needs we should be aware of?

(For example: credit issues, employment/income issues, divorce, etc.)

Existing Loan Information

Loan closing date (month/year):
Interest rate: %
Loan terms:
If other, what:
Loan program:
If other, what:
Loan type:
If other, what:
Original purchase price: $
Current first mortgage payment: $
Current loan balance: $
Original loan amount: $

What company is currently servicing your mortgage?

Does your current mortgage company hold your tax and homeowner's escrow account?

Yes No

What is your annual Real Estate Tax Bill? (separate county and
city taxes if applicable) $

What's the cost of your annual Homeowners Policy?

$

Are you currently paying mortgage insurance?

Yes No
If yes, how much per month? $

Do you have a second mortgage or equity line on your home?

Yes    No
If yes, what is the balance?   $
Payment? $