The Loan Information screen of the MITAS Internet Loan Reservation System captures information regarding the loan being applied for.  Information entered on this screen is used for the initial compliance checks to determine the borrower's eligibility for the program, and to verify that the borrower does not have any existing mortgage loans with this agency.

LOAN INFORMATION
Mortgagor First Name & MI: Last Name: Mortgagor SSN:

Loan Amount:

Purchase Price:

+ Improvement Cost:

= Acquisition Cost:

Interest Rate:
   
   
   

Monthly P&I:
   

Loan Type:

Date of Expected Closing:

Number in Household:

Number of Wage Earners:

Originator Phone:

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Originator Fax:

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Lender 1st Mortgage Loan Number:

 
Mortgagor First Name &MI First name and middle initial of the person applying for a loan.
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Last Name Last name of the person applying for a loan.
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Mortgagor SSN Social Security Number of the person applying for a loan.
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Loan Amount Requested dollar amount of the loan.
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Purchase Price Purchase price of the subject property.
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Improvement Cost Cost of any improvements that must be made to the subject property.
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Acquisition Cost Sum of the purchase price plus any necessary improvements.
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Interest Rate Select the desired interest rate of the loan being requested.
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Monthly P&I Monthly payment including Principal and Interest.
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Loan Type Select the appropriate loan type to describe the type of loan being requested.
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Date of Expected Closing Anticipated closing date.
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Number in Household Total number of people expected to occupy the subject property.
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Number of Wage Earners Number of people expected to occupy the subject property who are wage earners.
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Originator Phone Phone number, including extension, if applicable,  of the originating lender.  This information will be automatically entered, based on the user's login information, from the Name and Address database if it has been previously entered using the Address Maintenance option from the MITAS Internet Loan Reservation System Main Menu.
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Originator Fax Fax number of the originating lender.  This information will be automatically entered, based on the user's login information,  from the Name and Address database if it has been previously entered using the Address Maintenance option from the MITAS Internet Loan Reservation System Main Menu.
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Lender 1st Mortgage Loan Number Number by which the originating lender identifies this loan, if applicable.
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