| Name of Lender: |
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| Name of Contact: |
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| Date of Contact: |
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| Mortgage Amount: |
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Basic Information on the Loans
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Type of Mortgage:
fixed rate, adjustable rate,
conventional, FHA, other?
If adjustable, see below |
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| Minimum down payment required |
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| Loan term (length of loan) |
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| Contract interest rate |
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| Annual percentage rate (APR) |
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| Points (may be called loan discount points) |
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| Monthly Private Mortgage Insurance (PMI) premiums |
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| How long must you keep PMI? |
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Estimated monthly escrow
for taxes and hazard insurance |
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Estimated monthly payment
(Principal, Interest, Taxes, Insurance, PMI) |
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Fees
Different institutions may have different names for some fees and may charge different fees. Listed are some typical fees you may see on loan documents. |
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Application fee or
Loan processing fee |
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Origination fee or
Underwriting fee |
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| Lender fee or Funding fee |
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| Appraisal fee |
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| Attorney fees |
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| Document preparation and recording fees |
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| Broker fees (may be quoted as points, origination fees, or interest rate add-on) |
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| Credit report fee |
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| Other fees |
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| Other Costs at Closing/Settlement |
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| Title search/Title insurance |
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For lender
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For you
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| Estimated prepaid amounts for interest, taxes, hazard insurance, payments to escrow |
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| State and local taxes, stamp taxes, transfer taxes |
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| Flood determination |
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| Prepaid Private Mortgage Insurance (PMI) |
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| Surveys and home inspections |
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| Total Fees and Other Closing/Settlement Cost Estimates |
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