Amortization Term Most residential loans have payment plans that enable the loan to be paid in full after a predetermined period of time. That time period is specified on the Promissory Note. During the payment period, principal and interest are paid to the lender servicing the loan. Some balloon loan programs have payments based on a long amortization term (usually 30 years), but are due and payable in full after a shorter period of time. That shorter due date occurs before the loan is fully amortized. Please select the amortization period you desire.

Lien Priority Mortgage liens can have different priorities on residential real estate. A first lien is considered a higher priority than a second lien. Please select the lien priority you are requesting

Plan Types Mortgage loans have a number of possible repayment structures or plans including Fixed Rate, Graduated Payment and Adjustable Rates. Please select the repayment plan type you are requesting.

Balloon Term: Balloon loans have a payment based on a longer amortization, but are all due and payable in full after a specified period of time indicated in the Promissary Note. When the note matures, the principal balance outstanding is due in full, or the loan is coverted to a longer term. Please refer to conventional loan product descriptions for details about Balloon loan programs. Please select the balloon term you are requesting.

Street Address: Please indicate the address of the property for which you are requesting a loan.

Units RateAdvisors.net offers residential loans on 1-to 4- family properties (i.e., a 2-Family property is a Duplex, 3-Family propertry is a Triplex, etc) as well as commercial properties. Please indicate the number of units for this property.

Year Please enter the year the property was built. If you not sure, please estimate.

County Please enter the county where the property is located.

Building Status Please select if the property is existing, fully completed but never occupied, under construction or being planned for construction in the near future.

Loan Purpose Please select the purpose for which you are requesting a loan.

Occupancy RateAdvisors.net provides financing on owner-occupied primary homes, owner-occupied second or vacation homes and non-owner occupied homes. Please select the applicable category.

Property Type RateAdvisors.net provides mortgage loans for the most common types of property, including detached homes, attached homes, units in Planned Unit Developments, condominiums and commercial properties. Please select your property type.

Property Rights Property rights include fee simple and leasehold. Fee simple is the highest form of ownership and is the most common form of ownership or property right. If you need further explanation on the types before making this selection, please review the definitions in the glossary.

Cash Out Refi If applicable please indicate if you intend to receive cash back from the refinance of your property.

2nd Trust Rolled In If you are requesting a refinance and intend to pay off an existing first mortgage AND an existing second mortgage please select "YES".

Social Security Number If you are concerned about transmitting your social security number on this application, please leave this entry blank. One of our loan counselors will contact you later for this information. If you choose not to provide this information at this time, we will be unable to repsond with an approval determination until after you are contacted.

Current Address Please enter your current street address, city, state and zip code. P.O. Boxes are not acceptable. Please enter "SAME" in the street address space if your address is the property entered above.

Previous Address If you have lived at your present address for less than two years, please enter your previous address including street address, city, state and zip code. P.O. Boxes are not acceptable.

Self Employed Please indicate if you are self employed. If you own 25% or more of the company by which you are employed, you are considered self employed for loan purposes.

Bankruptcy There are several types of Bankruptcies (chapter 7,9,11,13, etc). If you have filed a bankruptcy within the past seven years please select "YES".

Foreclosures A foreclosure occurs when a borrower is unable to make the monthly payments or otherwise defaults on the terms of a real estate mortgage and the lender, through a legal proceeding, takes ownership of the property. A Deed-in-Lieu of Foreclosure occurs when a loan is in default and the lender agrees to accept title to the property from the borrower by deed instead of going through the foreclosure process. If you have had a property foreclosed or if you have given a deed-in-lieu of foreclosure in the past seven years, please select "YES".

Race The federal government monitors the ethnic mix of all loans made by lenders to ensure there is no discrimination against any one group. While IMC is required to request this information so it can report it to the federal government, you are not required to provide it. Please make your selection from the list provided.

Gender The government monitors RateAdvisors.net's lending based on the sex of its applicants. RateAdvisors.net is required to ask for this information, but you are not required to provide it. Please make your selection as provided.

Age The government monitors IMC's lending based on the age of its applicants. However, age is not an optional item. RateAdvisors.net must determine if applicants are old enough to enter into a legal contract, typically age 18 or older. Please enter your age.

Total Monthly Income Please enter the total monthly income for all persons included in this application. Income can include:

• Wages;
• Workmans's Compensation or permanent disability payments;
• Retirement and Social Security income;
• Net Income from Self Employment (Scheduel C net income);
• Income from Trusts, if continuing for at least three years into the future;
• Income from Partnerships, Professional Corporations or Sub-S Corporations;
• Commissions;
• Bonuses, if they are continuing;
• Interest and dividends;
• Rental income after deducting expenses and debt payments; and
• Other investment income.

Income from child support and/or separate maintenance (alimony) and public assistance programs need only be disclosed if you intend to use it for loan qualification purposes.

Total Monthly Debt Please enter your monthly debt obligations. Monthly debt obligations may include monthly payments on:

• Other real estate loans, but not
  • payments on loans being repaid if this is a refinance loan;
  • payments on loans being repaid from the sale of an existing home;
• Installment loans;
• Revolving accounts; and
• Child support and separate maintenance (alimony) paid to a former spouse.

Do not include payments on rental real estate mortgages that have been deducted from the income noted in the Total Monthly Income section.

Current Housing Expenses Please enter your current housing expense. This may be rent or the full payment to an exisitng mortgage lender including principal and interest, the monthly amount of taxes and insurance, any condo/homeowner fees and special assessments.

Purchase Price Please enter the contract price of the subject property if this is a purchase transaction.

Down payment Indicate the dollar amount of the down payment you intend to make on the purchase of the subject property, if applicable. The Down payment is the difference between the purchase price and the amount of loan you are requesting.

Secondary Finance If there will be a second mortgage used to assist in financing the acquisition of the subject property, please enter the amount of that loan. Proceeds from a second can come from a loan from the seller/builder, a private party or from another lender. (Note: Special qualification reuqirements are applicable when secondary financing is used.)

Gift Funds If this is a purchase transaction and you will be using funds from a gift, please enter the amount of that gift. (Note: Gift funds may only come from a family member and must not have any repayment requirements.)

Financing Concessions: Many home purchases involve payment of a buyer's closing costs by the seller/builder and/or real estate agent. If you have a purchase contract for a home that contains provisions for either of these parties to pay some or all of your loan costs, please enter the total amount of those payments.

Sales Concessions In some home purchase transactions, seller/builders and/or real estate agents offer special incentives to prospective buyers (e.g., a new car or boat; a trip; club membership dues; cash credits for upgrades in carpeting or other buyer preference items). If you have purchase contract for a home that contains provisions for incentives such as these, please enter the total value of those items. Liquid Assets Please enter your assets that can be used for a down payment and closing cost. These assets can be converted to cash or cash equivalent. Examples are listed below:

• Checking and Savings Account
• Money Market Accounts
• Exchange traded stocks and bonds
• Equity from a pending sale of real estate
• Gifts (not to be paid back)

Total Assets Please enter your total assets, including liquid assets. Examples are listed below:

• Checking and Savings Account
• Money Market Accounts
• Exchange traded stocks and bonds
• Real Estate
• Autos
• Personnel Items such as furniture, jewelry, etc.
• Cash Value of Life Insurance
• Retirement Fund (IRA, 401k, etc)