Ledesma Team Refinance Evaluation | Cornerstone Home Lending

Refinance Evaluation Request

Please provide accurate answers for an accurate estimate!

Name

Daytime Phone

Evening Phone

Original Loan Amount

Current Loan Balance (to the penny)

Original Term on Current Loan

30 Year

20 Year

15 Year

Is your current loan an Interest Only mortgage?

Yes

Current Interest Rate

Original closing date of current loan

Next Payment Due Date

Current Total Monthly Payment (to the penny)

Are your taxes and insurance included in your payment?

Yes

Current Monthly Escrow Payment

Does your current payment include mortgage insurance?Ye

Yes

Current Escrow Balance

Annual Property Taxes

Annual homeowner's insurance premium

Renewal date on your Insurance policy

How much do you think your home is worth?

What loan type do you have now?

Conventional

FHA

Is your current mortgage Fixed Rate or Adjustable Rate?

Fixed Rate

Adjustable

What term would you prefer on your new loan?

30 Year

20 Year

15 Year

10 Year

Other (please provide details in additional comments below)

How much longer do you expect to own this home (and have a mortgage)?

Under 3 Years

Under 5 Years

Under 7 Years

Over 7 Years

Primary Purpose of the Refinance

Rate Reduction

Take Cash Out (Home Equity)

Reduce Monthly Payment

Pay Off Loan Sooner

Other (please provide details in additional comments below)

Secondary Purpose of the Refinance

Rate Reduction

Take Cash Out (Home Equity)

Reduce Monthly Payment

Pay Off Loan Sooner

None

How do you wish to handle any closing costs or pre-paid expenses?

Roll them into the loan (if possible)

Pay them in cash at closing

Have you made any external changes (added a pool, deck, etc) to your property since your purchase?

Yes

Have you previously refinanced a mortgage on this property?

Yes

This mortgage is on my:

Primary Residence

Second Home

Investment Property

Do you currently have a 2nd mortgage? (If yes, please provide details below)

Yes

Do you think your credit rating is:

Outstanding

No late payments, but high credit card balance

I have had some late payments

Do you currently make your mortgage payments to Cornerstone?

Yes

How did you hear about me?

Additional comments and details?