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1041 Valley Hill Road
Malvern, Pennsylvania 19355
(610)594-9800 · Fax: (610)594-9955

email broker@ResourceForRealEstate.com

Call 1-800-AGENT 1st
(800-243-6817) or 610-594-9800
for immediate assistance

Real Estate in Chester County

We want to be Your RESOURCE for Real Estate!

Financial Workshop

RESOURCE Inc. would be glad to assist you in a closer examination of your financial situation and how it will affect your ability to purchase real estate.

There are hundreds of pieces of information needed to process a loan for approval. This questionnaire is designed to obtain information needed for being "Pre-Qualified." Being pre-qualified means that the provided information appears to meet the criteria to acquire a loan for "X" dollars. This will be a meaningful guide as to what your financial options may be.

The next recommended step would be to obtain a formal pre-approval from a mortgage lender. Such Pre-Approval can go far as a written commitment to specific loan terms, only contingent on an acceptable Agreement of Sale and Property Appraisal. With a Pre-Approval in-hand, you will be in an excellent negotiating position when you finally make an offer on a home. The potential seller will be more apt to accept an offer from someone who is Pre-Approved for a mortgage.

After completing the form simply click the "submit" button and we will begin an analysis of your financial situation.

**** NOTICE **** - Pennsylvania Law requires real estate brokers and salespersons (licensees) to advise consumers of the business relationships permitted by the Real Estate Licensing and Registration Act. This notice must be provided to the consumer at the first contact where a substantive discussion about real estate occurs. Prior to adding any comments about yourself or your requirements for a new home, please read the Consumer Notice. ****

I acknowledge that I have read the Consumer Notice
I acknowledge that I have not read the Consumer Notice, but would like someone to contact me regarding it.

General Information:

Street Address
Home Phone
Work Phone
Fax Number
E-mail Address

Desired location of real estate to be purchased

Approximate sales price for your purchase property, if known.

Employment Information:

Borrower's Employer   How long employed here?

Co-Borrower's Employer   How long employed here?

Borrower's Gross Yearly Salary:   Co-Borrower's Gross Yearly Salary:

Other Income for Borrower? (Gross Yearly):
Other Income for Co-Borrower? (Gross Yearly):

Asset Information:

For this section, please only give approximate figures.
Money Markets
Future Savings
Mutual Funds
Stocks & Bonds
401K/Retirement Plans
Other Assets
Potential Gifts
Any other Comments or Additional Information:

Debt Information:

The following debt information is a critical aspect of this financial analysis. We will give you several general categories of possible revolving debt to fill in. These may not be all-inclusive, so please use the 'other' section to include your unique situation. Revolving debt is defined as any constant, monthly payments you make, whether amortized or not. (ie: car payments, home equity loan, school loans, credit cards...)

Please give the current total balance of the debt

Type of Account
Combined Credit Cards: Current Balance Monthly Payment

Car Loans: Current Balance Monthly Payment

School Loans: Current Balance Monthly Payment

Personal Loans: Current Balance Monthly Payment

Please continue with any other revolving debts you may have that do not fit in the categories listed above:

Do you currently own or rent?
If OWN, will you be selling this property prior to buying the new property?
If you are selling/or will sell this property prior to your new purchase, what will the proceeds equal?

If you are not selling this property, what will your total monthly cost be to maintain it (ie: loan payments, taxes & insurance)?

If you own a second or third home please give the same type of info below:

Disclosure Information:

Will you occupy the new premises?

Have you in the last 7 years declared bankruptcy, suffered foreclosure, had an account assigned for collection or had any legal action affecting your ability to finance?
If, YES, explain below:

Is any part of the purchase price or settlement cost being obtained from a source other than shown?
If "YES" and the money in question is other than monies mentioned in the gift section above, please describe below:

Did you fill in the search/referral form!

Thank you for taking the time to review and complete this form. We at RESOURCE Inc. believe it will be an excellent start in acquiring your new home. Simply click on the "submit request" button below to continue. After submitting your request, please click the back button to return to this page.

Thank you.

| Home | Why RESOURCE? | Buyer Agency | Listings | Buyer Search | Contact Us | FAQ's | National Referral |

1041 Valley Hill Road
Malvern, Pennsylvania 19355
(610)594-9800 · Fax: (610)594-9955

Call 1-800-AGENT 1st