Thanks again for applying with us for your mortgage loan! We look forward to serving you during both the processing of
your loan AND during the years of home ownership to come.
Property & Loan Information
Applicant Documentation
Please Contact:
Phone:
Fax:
Document Request Letter
01/28/2010 02:52:27 PM 115C1 896882
Colonial National Mortgage, a division of Colonial Savings, F.A.
Lisa Lewis
[email protected]
(512)238-3036
(512)473-3675
Amy Z Foshko
Solomon Z Foshko
5604 SW Parkway, Apt. #1933
Austin, TX 78735
In order for us to make a final, formal loan decision, we will need from you the documents listed below. If ORIGINALS
are requested, WE will make the copies for our file and return the originals to you. This information must be returned to
us by 02/04/2010 .
Date : 01/28/2010
RE : Loan Number : 896882
Dear Solomon Z Foshko ,
Document Request Letter F_DRL1.UFF (01/2001)
Sincerely,
Remember, I'm Lisa Lewis and you can contact me or Lisa Lewis , your Loan Officer, regarding this request, or any part
of the loan process, using one of the means below. We value you and the opportunity to be of service to you!
Lisa Lewis , Loan Processor
Lisa Lewis , Loan Officer
(512)238-3036
(512)238-3036
Total of Payments
ANNUAL PERCENTAGE
RATE
LENDER OR LENDER' S AGENT:
Preliminary
Final
BORROWERS:
ADDRESS:
CITY/STATE/ZIP:
PROPERTY:
DATE:
LOAN NO.:
Type of Loan:
FINANCE CHARGE
The cost of your credit as ayearly rate.
The dollar amount the credit will cost you.
Amount Financed The amount of credit provided to you or on your behalf.
NUMBER OF PAYMENTS
AMOUNT OF PAYMENTS
NUMBER OF PAYMENTS PAYMENTS ARE DUE
BEGINNING PAYMENT SCHEDULE:
DEMAND FEATURE: VARIABLE RATE FEATURE: SECURITY:
ASSUMPTION:
FILING / RECORDING FEES: PROPERTY INSURANCE:
LATE CHARGES: PREPAYMENT:
% $ $ $
This loan does not have a Demand Feature. This loan has a Demand Feature as follows:
This Loan has a Variable Rate Feature. Variable Rate Disclosures have been provided to you earlier. You are giving a security interest in the property located at:
Someone buying this property cannot assume the remaining balance due under original mortgage terms may assume, subject to lender' s conditions, the remaining balance due under original mortgage terms.
See your contract documents for any additional information regarding non-payment, default, required repayment in full before scheduled date, and prepayment refunds and penalties.
$
Property hazard insurance in the amount of $ with a mortgagee clause to the lender is a required condition of this loan. Borrower may purchase this insurance from any insurance company acceptable to the lender.
Hazard insurance is is not available through the lender at an estimated cost of for a year term. If your payment is more than days late, a late charge of % of the
will be assessed. If you pay off your loan early, you
may will not have to pay a penalty.
may be entitled to a refund of part of the finance charge.
You are not required to complete this agreement merely because you have received these disclosures or signed a loan application.
BORROWER/DATE BORROWER/DATE
will not
BORROWER/DATE BORROWER/DATE
e means estimate
TRUTH-IN-LENDING DISCLOSURE STATEMENT
(THIS IS NEITHER A CONTRACT NOR A COMMITMENT TO LEND)
Truth-In-Lending Disclosure
VMP788 (0905).00
AMOUNT OF PAYMENTS
PAYMENTS ARE DUE BEGINNING
Wolters Kluw er Financial Services Page 1 of 2
VMP
2004, 2009
The amount you will have paid after you have made all payments as scheduled.
I/We hereby acknowledge reading and receiving a complete copy of this disclosure.
12 $1,711.67 05/01/2015
X $0.00
Solomon Z Foshko Fixed Rate
X
7 $1,706.16 05/01/2017
payment
1 $1,580.09 04/01/2040
MONTHLY MONTHLY
X
5604 SW Parkway, Apt. 1933
12 $1,723.31 05/01/2010
X
12 $1,718.99 05/01/2012
0.00
12 $1,714.23 05/01/2014
896882
12 $1,708.98 05/01/2016
5.306 287,943.18 294,181.51 582,124.69
15 5.000
268 $1,583.66 12/01/2017
896882
X
Austin, TX 78735
9211 Sautelle Lane Austin TX 78749
12 $1,721.20 05/01/2011
12 $1,716.67 05/01/2013
1000 Heritage Center Circle 01/28/2010
Solomon Z Foshko Amy Z Foshko
01/28/2010 02:52:27 PM 115C1
9211 Sautelle Lane Austin, TX 78749
Colonial National Mortgage, a division of Colonial Savings, F.A.
00896882- 0
This is not the Note rate for which the borrower applied. The Annual Percentage Rate (APR) is the cost of the loan in
percentage terms taking into account various loan charges of which interest is only one such charge. Other charges which are
used in calculation of the Annual Percentage Rate are Private Mortgage Insurance or FHA Mortgage Insurance Premium (when
applicable) and Prepaid Finance Charges (loan discount, origination fees, prepaid interest and other credit costs). The APR is
calculated by spreading these charges over the life of the loan which results in a rate generally higher than the interest rate
shown on your Mortgage/Deed of Trust Note. If interest was the only Finance Charge, then the interest rate and the Annual
Percentage Rate would be the same.
PREPAID FINANCE CHARGES
Prepaid Finance Charges are certain charges made in connection with the loan and which must be paid upon the close of the
loan. These charges are defined by the Federal Reserve Board in Regulation Z and the charges must be paid by the borrower.
Non-Inclusive examples of such charges are: Loan origination fee, "Points" or Discount, Private Mortgage Insurance or FHA
Mortgage Insurance, Tax Service Fee. Some loan charges are specifically excluded from the Prepaid Finance Charge such as
appraisal fees and credit report fees.
Prepaid Finance Charges are totaled and then subtracted from the Loan Amount (the face amount of the Deed of Trust/Mortgage
Note). The net figure is the Amount Financed as explained below.
DEFINITION OF TRUTH-IN-LENDING TERMS
ANNUAL PERCENTAGE RATE
FINANCE CHARGE
The amount of interest, prepaid finance charge and certain insurance premiums (if any) which the borrower will be expected to
pay over the life of the loan.
AMOUNT FINANCED
The Amount Financed is the loan amount applied for less the prepaid finance charges. Prepaid finance charges can be found on
the Good Faith Estimate/Settlement Statement (HUD-1 or 1A). For example if the borrower' s note is for $100,000 and the
Prepaid Finance Charges total $5,000, the Amount Financed would be $95,000. The Amount Financed is the figure on which
the Annual Percentage Rate is based.
TOTAL OF PAYMENTS
This figure represents the total of all payments made toward principal, interest and mortgage insurance (if applicable).
PAYMENT SCHEDULE
The dollar figures in the Payment Schedule represent principal, interest, plus Private Mortgage Insurance (if applicable). These
figures will not reflect taxes and insurance escrows or any temporary buydown payments contributed by the seller.
Page 2 of 2
Initials: VMP -788 (0412).04
Questions & Answers about "Truth-in-Lending" Statement
* THE TRUTH-IN-LENDING FORM IS NOT TO BE CONSIDERED A COMMITMENT FOR A HOME MORTGAGE LOAN. *
1.
Why does the federal law require this form?
The law requires all lenders to state such charges in a uniform manner, making it easier for you to know four of the most
important aspects about the cost of credit. These four aspects are the figures in the square boxes, and are given in order to allow
you to compare the cost of credit when applying for a loan.
2.
What is the "Annual Percentage Rate" (A.P.R.)?
First,
it is NOT your Note Rate
. It is the cost of financing your purchase and, therefore, includes various fees you may pay at or
before closing (such as discount points) averaged over the life of the loan and then expressed as a "yearly rate". The APR will
generally be higher than your Note Rate because of the inclusion of these fees. The federal guidelines set forth the fees to be
included as well as the formula to be used.
3.
What is the "Finance Charge"?
4.
What is the "Amount Financed"?
5.
Does this mean I will get a lower mortgage amount than I applied for?
No. If your loan is approved for the amount you applied for, that is how much will be credited toward your home purchase or
refinancing at closing.
6.
What is the "Total Amount of Payments"?
This figure indicates the total amount you will have paid, including principal, interest, and any mortgage insurance required, over
the life of the loan based on the assumption that you make minimum required payments for the entire term of the loan. This
figure is
estimated
on the initial disclosure and is always an
estimate
on any adjustable rate mortgage transaction.
7.
What if my loan is an adjustable rate mortgage?
The payments shown in the Schedule of Payments and Total of Payments will only be
estimates
because it is not possible to know
what your payments will be from the first change forward. Future payments will be based on a future index rate as described in
the Program Disclosure you received at application.
8.
It means you will be charged interest only for the period of time you use the money loaned to you. The fees you paid at closing
are not refundable. Neither is any interest which has already been paid.
9.
What if my statement says I may be entitled to a refund?
10.
FHA requires interest to be paid through the end of the month even if the loan is paid off in the middle or beginning of the month.
The additional interest you may be required to pay in those instances is considered a "prepayment penalty" under federal
guidelines for Truth-in-Lending.
What is the filing fee?
The filing fee is an
estimate
of the cost of recording the legal documents (mortgage or deed, and any attachments to it). These
fees will be charged at closing.
Lenders are required by law to provide the information on this statement to you in a timely manner. Your signature merely
indicates that you have received this information and does not obligate either you or the lender in any way.
13.
Why is there a variation in payments?
There may be 3 reasons: (1) You may be required to have mortgage insurance which will vary your payments over the life of the
loan, (2) you may have adjustable rate mortgage and future payments are unknown, and (3) only the last payment may be different
because of the final payment of interest due.
If my statement says I will not be entitled to a refund of part of the finance charge, what does that mean?
What if my statement says I may incur a penalty if I pay my loan off early?
Federal law requires us to furnish you with a "Truth-in-Lending Disclosure Statement"; however, in order to avoid confusion, there are a few
things we think you should know. The numbers shown on this form are arrived at by using the
estimated
costs for your loan and the formulas
set forth in the federal guideline
This is the
estimated
amount of money paid to obtain credit: the total amount of interest
estimated
to be repaid over the life of the
loan, any prepaid finance charges and the total amount of any mortgage insurance you have to pay over the life of the loan. This
figure is
ESTIMATED
on the initial disclosure statement.
This figure reflects the actual loan amount applied for
LESS
certain
estimated
prepaid finance charges (loan origination fee,
discount points, prepaid interest, etc.) you may be paying.
This amount is not to be confused with your loan amount.
The
"Amount Financed" is calculated as set forth in the federal guidelines.
If you have any questions about the form on your loan, please call
01/28/2010 02:52:27 PM 115C1 896882
PLEASE SIGN AND RETURN ONE COPY OF THE TRUTH-IN-LENDING STATEMENT TO YOUR
LOCAL LENDER IMMEDIATELY. KEEP THIS FORM FOR YOUR RECORDS.
YOUR PROCESSOR OR LOAN
OFFICER.
Questions & Answers about TIL Statement F_QAS1.uff (07/2000)
11.
12.
Why must I sign the disclosure statement?
In certain FHA loans and certain Conventional Loans with private mortgage insurance, some of the required mortgage insurance
MAY be refundable.
Disclosure Information Transmittal
Good Faith Estimate
Service Provider Disclosure
Borrower Certification and Authorization
CONVENTIONAL
Servicing/RESPA Disclosure
Federal Truth-In-Lending Disclosure
Questions & Answers: Truth-In-Lending Disclosure
Right to Receive a Copy of an Appraisal
Private Mortgage Insurance Disclosure
Balloon Loan Disclosure
Adjustable Rate Mortgage Program Disclosure
DuBose & Associates Quote Authorization Form
Colonial Life Quote Authorization Form
The following enclosed booklets contain important information pertaining to your loan transaction and
should be reviewed carefully. Any we've included are yours to keep.
The HUD Guide to Settlement Costs
The Consumer Handbook on Adjustable Rate Mortgages
If you have any questions regarding these forms, please contact me by one of the methods below.
Sincerely,
All disclosures require your and any Co-Applicant's original signature and the date upon which you
signed the disclosure. PLEASE RETAIN ONE COPY OF EACH OF THE DISCLOSURES.
RETURN THE OTHER COPY, SIGNED AND DATED ACCORDINGLY, TO ME AT THE
FOLLOWING ADDRESS :
Credit Score Disclosure / Notice To The Home Loan Applicant
Patriot Act Consumer Disclosure
Interest Rate Agreement
01/28/2010 02:52:27 PM 115C1 896882
1717 W. 6th Street Suite 110 R
Colonial National Mortgage, a division of Colonial Savings, F.A.
Lisa Lewis
[email protected]
5604 SW Parkway, Apt. #1933
Austin, TX 78735
Austin,TX. 78703
Colonial National Mortgage, a division of Colonial Savings, F.A.
Dear Solomon Z Foshko :
Date :
01/28/2010
Loan # :
896882
Applicant(s) :
Solomon Z Foshko
THANK YOU FOR YOUR MORTGAGE APPLICATION
to Colonial National Mortgage, a
division of Colonial Savings, F.A. ! Below is a list of required loan disclosures that are included in
this Application Package, in duplicate
Disclosure Information Transmittal Conventional F_DITCNV.UFF (11/2004)
Phone :
(512)238-3036
Fax :
(512)238-3038
Uniform Residential Loan Application
Mortgage
Applied for: VA
FHA USDA/Rural Housing Service
Amount Interest Rate No. of Months Amortization Type:
Agency Case Number Lender Case Number
Fixed Rate GPM
Other (explain): ARM (type): I. TYPE OF MORTGAGE AND TERMS OF LOAN
II. PROPERTY INFORMATION AND PURPOSE OF LOAN
$ %
No. of Units Year Built Subject Property Address (street, city, state & ZIP)
Legal Description of Subject Property (attach description if necessary) Purpose of Loan Purchase
Refinance
Construction
Construction-Permanent
Other (explain): Property w ill be: Primary
Residence SecondaryResidence Investment Complete this line if construction or construction-permanent loan.
Year Lot
Acquired Original Cost
Amount Existing Liens
(a) Present Value of Lot (b) Cost of Improvements Total (a + b) $
$ $
$
$ Complete this line if this is a refinance loan. Year
Acquired Original Cost Purpose of Refinance DescribeImprovements Amount Existing Liens
made to be made Cost: $
Estate w ill be held in: $
$
Leasehold (show expiration date)
Title w ill be held in w hat Name(s)
Source of Dow n Payment, Settlement Charges, and/or Subordinate Financing (explain)
IV. EMPLOYMENT INFORMATION Co-Borrower Borrower
III. BORROWER INFORMATION Co-Borrower Borrower
Co-Borrow er' s Name (include Jr. or Sr. if applicable)
Married Separated
Unmarried (include single, divorced, w idow ed)
Dependents (not listed by Borrow er)
Manner in w hich Title w ill be held
Social Security Number Home Phone (incl. area code) Yrs. School
Present Address (street, city, state, ZIP) Ow n Rent No. Yrs.
Former Address (street, city, state, ZIP)
Ow n Rent No. Yrs.
Borrow er' s Name (include Jr. or Sr. if applicable)
Married Separated
Unmarried (include single, divorced, w idow ed)
Dependents (not listed by Co-Borrow er)
Social Security Number Home Phone (incl. area code) DOB
(mm/dd/yyyy) Yrs.
School
Former Address (street, city, state, ZIP)
Mailing Address, if different from Present Address
If residing at present address for less than two years, complete the following: Present Address (street, city, state, ZIP) Rent No. Yrs.
Mailing Address, if different from Present Address
Ow n Rent No. Yrs.
Name & Address of Employer
Position/Title/Type of Business Business Phone (incl. area code)
Dates (from - to)
Monthly Income
Self Employed
If employed in current position for less than two years or if currently employed in more than one position, complete the following: Name & Address of Employer
Position/Title/Type of Business Business Phone (incl. area code)
Yrs. on this job Yrs. employed in this line
of w ork/profession
Self Employed
Name & Address of Employer
Position/Title/Type of Business Business Phone (incl. area code)
Dates (from - to)
Monthly Income
Self Employed
$
Name & Address of Employer
Business Phone (incl. area code)
Dates (from - to)
Monthly Income
Self Employed
Name & Address of Employer
Position/Title/Type of Business Business Phone (incl. area code)
Yrs. on this job Yrs. employed in this line
of w ork/profession
Self Employed
$ Name & Address of Employer
Position/Title/Type of Business Business Phone (incl. area code)
Dates (from - to)
Monthly Income
Self Employed
$
no. ages no. ages
Position/Title/Type of Business
$ Ow n
Freddie Mac Form 65 7/05 Fannie Mae Form 1003 7/05
also be provided (and the appropriate box checked) w hen
Co-Borrow er
If this is an application for joint credit, Borrow er and Co-Borrow er each agree that w e intend to apply for joint credit (sign below ):
than the Borrow er (including the Borrow er' s spouse) w ill be used as a basis for loan qualification or
Wolters Kluw er Financial Services
Initials: Page 1 of 4
Other (explain): Conventional
DOB
(mm/dd/yyyy)
This application is designed to be completed by the applicant(s) w ith the Lender' s assistance. Applicants should complete this form as " Borrow er" or " Co-Borrow er," as applicable. Co-Borrow er information must
Borrow er
Fee Simple the income or assets of a person other
the income or assets of the Borrow er' s spouse or other person w ho has community property rights pursuant to state law w ill not be used as a basis for loan qualification, but his or her liabilities must be considered because the spouse or other person has community property rights pursuant to applicable law and Borrow er resides in a community property state, the security property is located in a community property state, or the Borrow er is relying on other property located in a community property state as a basis for repayment of the loan.
VMP -21N (0507).03
896882
X
Solomon Z Foshko Amy Z Foshko
0.00 X
640-14-0703 (512)789-6988 06/14/1983 16 457-67-4114 (512)789-6988 19
700 Lavaca #900 Austin, TX 78701
2800 S IH 35 #100 Austin, TX 78704
0 0
9211 Sautelle Lane, Austin, TX 78749 1
5604 SW Parkway, Apt. 1933 Austin, TX 78735
5604 SW Parkway, Apt. 1933 Austin, TX 78735
As surviving joint tenants X
0
Texas Tech University -
X
896882
Strategic Forecasting 5.6 Tx Commission for Environmental 1.6
299,250.00 4.875 360
X X
5.6 1.6
X 2.6 X 2.6
Solomon Z Foshko, Amy Z Foshko
Sr Customer Svc (512)744-4089
GIFT FROM RELATIVE
Student X
Gross Monthly Income Base Empl. Income* Overtime
Bonuses Commissions Dividends/Interest Net Rental Income
Other (before completing, see the notice in " describe other income," below )
Borrow er Co-Borrow er Total Combined Monthly Housing Expense Present Proposed
VI. ASSETS AND LIABILITIES Rent
First Mortgage (P&I) Other Financing (P&I) Hazard Insurance Real Estate Taxes Mortgage Insurance Homeow ner Assn. Dues Other:
Total
Total $ $
$
$ $
* Self Employed Borrow er(s) may be required to provide additional documentation such as tax returns and financial statements.
V. MONTHLY INCOME AND COMBINED HOUSING EXPENSE INFORMATION
Describe Other Income Notice: Alimony, child support, or separate maintenance income need not be revealed if the Borrow er (B)
or Co-Borrow er (C) does not choose to have it considered for repaying this loan. Monthly Amount B/C
$
This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrow ers if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherw ise, separate Statements and Schedules are required. If the Co-Borrow er section w as completed about a non-applicant spouse or other person, this Statement and supporting schedules must be completed about that spouse or other person also.
$ $
Liabilities and Pledged Assets. List the creditor' s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (* ) those liabilities, w hich w ill be satisfied upon sale of real estate ow ned or upon refinancing of the subject property.
ASSETS Cash or MarketValue Description
Cash deposit tow ard purchase held by:
List checking and savings accounts below
Name and address of Bank, S&L, or Credit Union
Life insurance net cash value
Acct. no.
$
Name and address of Bank, S&L, or Credit Union
$ Name and address of Bank, S&L, or Credit Union
Acct. no.
Name and address of Bank, S&L, or Credit Union
$ Stocks & Bonds (Company name/number & description)
Face amount: $
$ $ $ $ $ $ $ $ $
Subtotal Liquid Assets
Real estate ow ned (enter market value from schedule of real estate ow ned) Vested interest in retirement fund Net w orth of business(es) ow ned (attach financial statement) Automobiles ow ned (make and year)
Other Assets (itemize)
LIABILITIES Unpaid Balance
$
Name and address of Company
$
$ Name and address of Company
$
$ Name and address of Company
Acct. no. Acct. no.
Name and address of Company
Name and address of Company
Acct. no.
Alimony/Child Support/Separate Maintenance Payments Ow ed to:
Name and address of Company
Job-Related Expense (child care, union dues, etc.)
Total Monthly Payments $
Acct. no.
Name and address of Company
Acct. no.
Net Worth (a minus b) Total Assets a.
Not Jointly Jointly
Completed
Monthly Payment & Months Left to Pay
$ Payment/Months $ Payment/Months $ Payment/Months $ Payment/Months $ Payment/Months $ $ $ Payment/Months
$ Total Liabilities b. $ Payment/Months $ $ $ $ Acct. no. Acct. no. Acct. no.
Freddie Mac Form 65 7/05 Fannie Mae Form 1003 7/05 VMP -21N (0507).03
Initials: Page 2 of 4
Acct. no. $ $ $ $ 0.00 0.00
0.00 0.00 0.00 0.00 0.00
896882
0.00 0.00 0.00 0.00 800.00
0.00 0.00 0.00 0.00 0.00
0.00
7,000.00 4,458.00 11,458.00 845.00 2,648.31
0.00
0.00
0.00 0.00 0.00 0.00 1,583.66
0.00 0.00 0.00
0.00
0.00 0.00 0.00 0.00 125.00
0.00 0.00 0.00 0.00 139.65
X
Flood/Catas 0.00 0.00
0.00
0.00
X. INFORMATION FOR GOVERNMENT MONITORING PURPOSES Schedule of Real Estate Owned (If additional properties are ow ned, use continuation sheet.)
Property Address (enter S if sold, PS if pending sale or R if rental being held for income) PropertyType of
Present Market Value
Amount of Mortgages & Liens Gross Rental Income Mortgage Payments Insurance, Maintenance, Taxes & Misc.
Net Rental Income $ $ $ $ $ $ $ $ $ $ $ $ Totals
List any additional names under which credit has previously been received and indicate appropriate creditor name(s) and account number(s):
Creditor Name Account Number
VI. ASSETS AND LIABILITIES (cont'd)
Alternate Name
Do you intend to occupy the property as your primary residence? If " Yes," complete question m below .
Acknow ledgement. Each of the undersigned hereby acknow ledges that any ow ner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency.
IX. ACKNOWLEDGEMENT AND AGREEMENT
Borrow er' s Signature Date Co-Borrow er' s Signature Date
X
X
The follow ing information is requested by the Federal Government for certain types of loans related to a dw elling in order to monitor the lender' s compliance w ith equal credit opportunity, fair housing and home mortgage disclosure law s. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender may not discriminate either on the basis of this information, or on w hether you choose to furnish it. If you furnish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person. If you do not w ish to furnish the information, please check the box below . (Lender must review the above material to assure that the disclosures satisfy all requirements to w hich the lender is subject under applicable state law for the particular type of loan applied for.)
CO-BORROWER BORROWER White Black or African American Female Asian Male Race: Sex:
I do not w ish to furnish this information.
Not Hispanic or Latino
White
Black or African American
I do not w ish to furnish this information. Hispanic or Latino
VIII. DECLARATIONS VII. DETAILS OF TRANSACTION
Purchase price
Alterations, improvements, repairs a.
Land (if acquired separately) Refinance (incl. debts to be paid off) Estimated prepaid items
Estimated closing costs PMI, MIP, Funding Fee Discount (if Borrow er w ill pay)
Cash from/to Borrow er
(subtract j, k, l & o from i) p.
Subordinate financing
Loan amount (add m & n)
Total costs (add items a through h) b. c. d. e. f. g. h. i. j. k. l. $
Borrow er' s closing costs paid by Seller
Are there any outstanding judgments against you? Have you been declared bankrupt w ithin the past 7 years?
m. n. o.
PMI, MIP, Funding Fee financed Other Credits (explain)
Loan amount
(exclude PMI, MIP, Funding Fee financed)
Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?
Are you a party to a law suit?
provide details, including date, name, and address of Lender, FHA or VA case number, if any, and reasons for the action.)
Have you directly or indirectly been obligated on any loan w hich resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment? (This w ould include such loans as home mortgage loans, SBA loans, home improvement loans, educational loans, manufactured (mobile) home loans, any mortgage, financial obligation, bond, or loan guarantee. If " Yes,"
Are you obligated to pay alimony, child support, or separate maintenance?
Is any part of the dow n payment borrow ed? Are you a co-maker or endorser on a note? a. b. c. d. e. f. g. h. i.
Are you a permanent resident alien? j.
l. k.
If you answer "Yes" to any questions a through i, please
use continuation sheet for explanation. Borrow er Co-Borrow er Yes No Yes No
Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If " Yes," give details as described in the preceding question.
Are you a U.S. citizen?
m. Have you had an ow nership interest in a property in the last three years?
(1) What type of property did you ow n - - principal residence (PR), second home (SH), or investment property (IP)? How did you hold title to the home - - solely by yourself (S), jointly w ith your spouse (SP), or jointly w ith another person (O)?
(2)
Female
Native Haw aiian or Other Pacific Islander Asian
Male
Not Hispanic or Latino Ethnicity:
American Indian or Alaska Native Hispanic or Latino
Native Haw aiian or Other Pacific Islander American Indian or Alaska Native
Sex: Ethnicity: Race:
Each of the undersigned specifically represents to Lender and to Lender' s actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknow ledges that: (1) the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary damages, to any person w ho may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the " Loan" ) w ill be secured by a mortgage or deed of trust on the property described in this application; (3) the property w ill not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for the purpose of obtaining a residential mortgage loan; (5) the property w ill be occupied as indicated in this application; (6) the Lender, its servicers, successors or assigns may retain the original and/or an electronic record of this application, w hether or not the Loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors, and assigns may continuously rely on the information contained in the application, and I am obligated to amend and/or supplement the information provided in this application if any of the material facts that I have represented herein should change prior to closing of the Loan; (8) in the event that my payments on the Loan become delinquent, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer reporting agencies; (9) ow nership of the Loan and/or administration of the Loan account may be transferred w ith such notice as may be required by law ; (10) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or w arranty, express or implied, to me regarding the property or the condition or value of the property; and (11) my transmission of this application as an " electronic record" containing my " electronic signature," as those terms are defined in applicable federal and/or state law s (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application w ere delivered containing my original w ritten signature.
Freddie Mac Form 65 7/05 Fannie Mae Form 1003 7/05 VMP -21N (0507).03 Page 3 of 4
Name and Address of Interview er' s Employer
Face-to-face interview Mail
Internet
To be Completed by Interviewer This application w as taken by:
Interview er' s Name (print or type) Interview er' s Signature
Interview er' s Phone Number (incl. area code)
Date Telephone
332,500.00
Seller Credit 0.00 X X
0.00 X X
0.00 X X
Lisa Lewis
X X
4,829.49 X X
X X X X 0.00 299,250.00 (512)238-3036 345,571.99 299,250.00 2,872.00
Borrower Paid Fees 0.00 X X
0.00
Lender Credit 0.00 X X
0.00 X X
0.00 X X
1000 Heritage Center Circle Round Rock, TX. 78664
8,242.50 X X
X X
X
0.00
0 0 0 0 0 0
0.00 X X
896882
0.00 X X
43,449.99
Colonial National Mortgage, a division of Colonial Savings, F.A.
01/28/2010
1000 Heritage Center Circle Round Rock, TX. 78664
Borrow er: Co-Borrow er:
Agency Case Number: Lender Case Number: Use this continuation sheet if
you need more space to complete the Residential Loan Application. Mark B for Borrow er or C for Co-Borrow er.
I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to know ingly make any false statements concerning any of the above facts as applicable under the provisions of Title 18, United States Code, Section 1001, et seq.
Borrow er' s Signature: Date Co-Borrow er' s Signature: Date
X
X
Freddie Mac Form 65 7/05 Fannie Mae Form 1003 7/05
VMP -21N (0507).03 Page 4 of 4
CONTINUATION SHEET/RESIDENTIAL LOAN APPLICATION
Foshko, Amy Z 896882
896882
The undersigned certify the following :
I/We understand and agree that the Lender reserves the right to process the mortgage application under a full documentation
program. This may include verifying the information provided on the application with the employer and/or the financial
institution, as well as any creditor I/we have listed.
I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false
statements when applying for this mortgage, as applicable under the provisions of Title 18, United States Code, Section 1014.
I /We understand that my/our mortgage application may be selected by the Lender and/or its assigns or agent for a Quality
Control review as required by Lender's regulatory agency (Office of Thrift Supervision), the Investor and the Insurer (FHA, VA,
or Mortgage Insurance Company). The quality control review will involve reverification of any or all of the information
provided by me/us on the application as well as the property valuation.
1.
2.
3.
4.
5.
Authorization to Release Information
To Whom It May Concern :
I/We have applied for a mortgage loan from the Lender noted above. As part of the application process, Lender may verify
information contained in my/our loan application and other documents required in connection with the loan, either before the
loan is closed or as part of its quality control program.
I/We authorize you to provide Lender and to any Investor to whom Lender may sell my/our mortgage, any and all information
and documentation that they request. Such information includes, but is not limited to, employment history and income, bank,
money market, and similar account balances, credit history, and copies of income tax returns.
A Copy of this authorization may be accepted as an original.
Your prompt reply to Lender or the Investor that purchased the mortgage is appreciated.
1.
2.
3.
4.
5.
(Borrower's Signature) (Date)
(Borrower's Signature) (Date)
(Borrower's Signature) (Date)
(Date) (Borrower's Signature)
Right of Financial Privacy Act of 1978 :
This information is to be used by the lender collecting it, and its assignees, in
determining whether you qualify as a prospective mortgagor under its program.
HUD/FHA and the Department of Veteran Affairs
have a right of access to financial records held by financial institutions in
connection with the consideration or administration of assistance to you. Financial records involving your transaction will be
available to these agencies without further notice or authorization but will not be disclosed or released by this institution to
another Government Agency or Department without your consent except as required or permitted by law.
Fair Credit Reporting Act of 1970 :
It is understood that, pursuant to this Act, Section 606(b), I/we am/are entitled to such
information given by any Credit Reporting Agency within 60 days of written demand made to the Credit Reporting Agency.
Colonial National Mortgage, a division of Colonial Savings, F.A.
Solomon Z Foshko
Amy Z Foshko
01/28/2010 02:52:27 PM 115C1 896882
1717 W. 6th Street Suite 110 R
Austin,TX. 78703
Borrower's Certification & Authorization
Lender :
I/We have applied for a mortgage loan from the Lender above. In applying for the loan, I/We completed a loan application
containing various information for the purpose of the loan, the amount and source of the downpayment, employment and income
information, and assets and liabilities. I/We certify that all of the information is true and complete. I/We have made no
misrepresentations in the loan application or other documents, nor did I/we omit any pertinent information.
I agree to cooperate with the Lender and/or its agent or assigns to the extent necessary to accomplish this review. It is
understood that the information may be verified with third parties such as employers, depository institutions or a credit reporting
agency.
Lender or any investor that purchases the mortgage may address this authorization to any party named in the loan
application.
The information requested in this form is authorized by Title 38 USC, Chapter 37, if VA; by 12 USC, Section 1701 et seq., if
FHA; by 42 USC, Section 1452b if HUD/CPD.
Borrower's Certification and Authorization F_BCA1.UFF (09/2000)
By signing below , I/w e acknow ledge receiving a copy of this disclosure.
Applicant Date
Applicant
Property Address
Applicant Date
Date
Date
SERVICING DISCLOSURE STATEMENT
The loan for w hich you have applied w ill be serviced at this financial institution and w e do not intend
to sell, transfer, or assign the servicing of the loan.
NOTICE TO FIRST LIEN MORTGAGE LOAN APPLICANTS: THE RIGHT TO
COLLECT YOUR MORTGAGE LOAN PAYMENTS MAY BE TRANSFERRED.
You are applying for a mortgage loan covered by the Real Estate Settlement Procedures Act (RESPA) (12
U.S.C. 2601 et seq.). RESPA gives you certain rights under Federal law . This statement describes w hether
the servicing for this loan may be transferred to a different loan servicer. " Servicing" refers to collecting
your principal, interest, and escrow payments, if any, as w ell as sending any monthly or annual statements,
tracking account balances, and handling other aspects of your loan. You w ill be given advance notice before
a transfer occurs.
Servicing Transfer Information
We may assign, sell, or transfer the servicing of your loan w hile the loan is outstanding.
We do not service mortgage loans of the type for w hich you applied. We intend to assign, sell, or
transfer the servicing of your mortgage loan before the first payment is due.
Lender
Applicant
Loan Number
Borrow er
Servicing Disclosure Statement
VMP552R (0812).00 Wolters Kluw er Financial Services 2005, 2008 Page 1 of 1 VMP
Date
896882
9211 Sautelle Lane,
Austin, TX 78749
Solomon Z Foshko
Amy Z Foshko
January 28, 2010
896882
Colonial National Mortgage, a division of
Colonial Savings, F.A.
2626 West Freeway
Fort Worth, TX. 76102
In your letter, give us the following information:
-122 (0004) VMP MORTGAGE FORMS - (800)521-7291 12/93
Borrower
You have the right to a copy of the appraisal report used in connection with your application for credit. If you
wish a copy, please write to us at the mailing address we have provided. We must hear from you no later
than 90 days after we notify you about the action taken on your credit application or you withdraw your
application.
Contact:
Lender/Broker:
Address:
Telephone:
Date
APPRAISAL DISCLOSURE
Date
Borrower Date
Lender:
Date:
Borrow er Name(s):
Property Address:
Date
Borrower Borrower
Borrower Date Borrower Date
Borrower Date Borrower Date
896882
P.O. Box 2988
800-937-6002
Customer Service
Fort Worth, Tx. 76113
01/28/2010
5604 SW Parkway, Apt. #1933
Austin, TX 78735
9211 Sautelle Lane
Austin, TX 78749
Solomon Z Foshko Amy Z Foshko
Solomon Z Foshko
1000 Heritage Center Circle
Round Rock, TX. 78664
Colonial Savings
01/28/2010 02:52:27 PM 115C1 896882
Colonial National Mortgage, a division of Colonial Savings,
F.A.
INTEREST RATE AGREEMENT
TO:
AGREEMENT DATE:
APPLICATION DATE:
PROPERTY ADDRESS:
LOAN PURPOSE:
REFINANCE
PURCHASE
BOX A OR BOX B MUST BE MARKED
A. FLOAT: INTEREST RATE AND DISCOUNT POINTS ARE NOT LOCKED-IN
1. Interest rate and discount points may be locked-in between the hours of 9:00 a.m. and 4:00 p.m. CST on any
business day up to 60 calendar days before my scheduled closing date by delivering to the Lender an Interest
Rate Agreement fully executed and subject to Lender's lock-in policy in effect at that time.
2. It is understood that any special loan program, rates and fees available at the time of application may no
longer be available when I am ready to lock-in my rate and fee.
3. In the event I do not lock-in prior to loan approval and scheduled closing, I will be called by the Lender, and
quoted the available rate(s) and fees for the program under which I was approved.
B. LOCKED-IN: THE INTEREST RATE AND DISCOUNT POINTS ARE LOCKED-IN FOR A SPECIFIED
PERIOD OF TIME ON A SPECIFIC LOAN PROGRAM
FHA
VA
CONVENTIONAL
LOAN AMOUNT $
Fixed Rate
Fixed Rate Buydown
Balloon
ARM **
Program Commitment #
Interest Rate
Discount Points
Origination Fee (Points)
2. EXPIRATION OF LOCK-IN: If this loan does not close and fund within the lock-in period, the Lender, may, at
its sole option, though it has no obligation to do so, offer me a lock-in of interest rates and discount points for 10
calendar days (13 days for refinances) during which this loan must close and fund. The relock shall never be at a
better rate and fee than the original lock. It is understood that special programs may no longer be available upon
expiration of the lock.
LOCK-IN FEES
Extended lock-in period
Lock-in of Refinance at time of application
Other:
This is neither a commitment fee nor a loan approval fee. It is consideration solely for the purpose of obtaining a
locked-in rate outside of our normal rules. The loan, if approved, must close and fund within the lock-in period
noted in this agreement or the same relock rules as noted in B-2 above.
The lock in fee is:
non-refundable (See item 5, page 2)
refundable only if loan is declined
applicable at closing
SPECIAL CREDIT UNION NOTICE
If this box is marked, this is a Credit Union Loan on which the interest rate is established by the Credit Union.
Should the Credit Union reject my loan for any reason after the Lender has approved my loan, the Lender will
offer me a loan under one of its own programs at the then current rate for the selected program.
NOTICES TO BORROWERS
(SEE ATTACHED PAGE 2)
Page 1 of 2
Borrower (s) initials
Solomon Z Foshko Amy Z Foshko
01/28/2010 02:52:27 PM 115C1 896882
01/28/2010
01/28/10
299,250.00
Austin, TX 787355604 SW Parkway, Apt. 1933
9211 Sautelle Lane
Austin TX 78749
If this box is marked, a fee in the amount of $0.00 has been paid for one of the special lock-in considerations
listed below:
** Please refer to the ARM program description given to you at application to understand how the interest rate is
determined.
1. I wish to lock-in an interest rate and discount points as noted below for a period expiring at midnight on .
This period of time is referred to in this Agreement as the "lock-in period". I understand my loan must close and
fund within this lock-in period in order for this locked-in rate to be effective.
Interest Rate Agreement F_IRA1.UFF (12/2000)
***************************************************************************************************************************
NOTICES TO BORROWER
THIS IS NOT A FIRM COMMITMENT TO MAKE A LOAN AND IS NOT A LOAN APPROVAL. YOUR APPLICATION, CREDIT, AND PROPERTY MUST MEET THE REQUIREMENTS OF THE UNDERWRITING DEPARTMENT OF THE LENDER, AND: FOR CONVENTIONAL LOANS - IT'S PRIVATE INVESTORS AND MORTGAGE INSURANCE COMPANY; FOR FHA LOANS - THE FEDERAL HOUSING ADMINISTRATION & GNMA (GOVERNMENT NATIONAL MORTGAGE ASSOCIATION) AND FOR VA LOANS - THE DEPARTMENT OF VETERANS AFFAIRS.
THIS LOCK-IN MAY NOT BE TRANSFERRED TO ANOTHER PROPERTY NOR TO ANOTHER BORROWER / APPLICANT. THIS LOCK-IN MAY BE TERMINATED BY THE LENDER IF YOU CHANGE ANY OF THE TERMS OF THE LOAN APPLICATION. THIS LOCK-IN IS VOID IF THE LOAN IS NOT CLOSED AND FUNDED BY THE EXPIRATION DATE OF THE LOCK-IN PERIOD. IF A FEE WAS PAID FOR A 90 OR 120 DAY INTEREST RATE LOCK-IN, THE FEE IS NEITHER REFUNDABLE (EVEN IF THE LOAN IS CANCELLED OR NOT APPROVED) NOR CAN IT BE APPLIED TO ANY OTHER FEE. IT IS CONSIDERATION PAID TO RESERVE AN INTEREST RATE BEYOND OUR NORMAL TERMS.
NO GUARANTEE CAN BE MADE THAT YOUR LOAN WILL BE APPROVED OR THAT LOAN SETTLEMENT WILL BE COMPLETED PRIOR TO THE EXPIRATION OF THE LOCK-IN PERIOD. LENDER RELIES ON INFORMATION PROVIDED BY YOU AND VARIOUS SETTLEMENT SERVICE PROVIDERS INCLUDING BUT NOT LIMITED TO APPRAISERS, TITLE COMPANIES, CLOSING AGENTS, SURVEYORS AND INSPECTION COMPANIES OVER WHOM LENDER HAS NO CONTROL. LENDER IS NOT RESPONSIBLE FOR DELAYS RESULTING FROM YOUR FAILURE OR THE FAILURE OF ANY VARIOUS SETTLEMENT SERVICE PROVIDERS TO SUPPLY REQUIRED DOCUMENTATION. LENDER IS NOT RESPONSIBLE FOR DELAYS RESULTING FROM WAR, CIVIL UNREST, WEATHER-RELATED DELAYS SUCH AS HURRICANE, TORNADO, EARTHQUAKE OR OTHER "ACTS OF GOD".
THIS LOCK WILL BE NULL AND VOID UPON ANY OF THE FOLLOWING: (1) FHA LOANS: THE TERMINATION FOR ANY REASON OF FHA'S AUTHORITY TO ISSUE COMMITMENTS OR INSURANCE CERTIFICATES FOR THE FHA PROGRAM UNDER WHICH YOU HAVE APPLIED OR THE TERMINATION FOR ANY REASON OF GNMA'S ABILITY TO GUARANTEE SECURITIES CONTAINING THE PROGRAM UNDER WHICH YOU HAVE APPLIED; (2) FNMA AND OR FHLMC CONVENTIONAL LOAN: THE TERMINATION FOR ANY REASON OF THE FEDERAL NATIONAL MORTGAGE ASSOCIATION'S [FNMA] OR FEDERAL HOME LOAN MORTGAGE CORPORATIONS' [FHLMC] ABILITY TO PURCHASE OR SECURE A LOAN UNDER THE PROGRAM FOR WHICH YOU HAVE APPLIED; (3) VA LOAN: THE DEPARTMENT OF VETERANS AFFAIRS AUTHORITY TO ISSUE COMMITMENTS OR INSURANCE CERTIFICATES FOR THE VA PROGRAM UNDER WHICH YOU HAVE APPLIED; OR THE TERMINATION FOR ANY REASON OF GNMA'S ABILITY TO GUARANTEE SECURITIES CONTAINING THE PROGRAM UNDER WHICH YOU HAVE APPLIED; (4) PRIVATE INVESTOR CONVENTIONAL LOAN: THE TERMINATION FOR ANY REASON OF THE PRIVATE INVESTOR'S ABILITY TO PURCHASE A LOAN UNDER THE PROGRAM FOR WHICH YOU HAVE APPLIED. SHOULD YOUR LOAN BE AFFECTED BY ONE OF THESE INSTANCES, THE LENDER MAY TRANSFER YOUR LOAN APPLICATION TO A SIMILAR PROGRAM [IF ONE IS AVAILABLE] AT THE THEN CURRENT RATE AND FEES FOR THE SELECTED PROGRAM.
PLEASE REFER TO THE GOOD FAITH ESTIMATE AND YOUR REAL ESTATE CONTRACT FOR OTHER CLOSING COSTS TO BE INCURRED.
REFINANCE LOANS REQUIRE A MANDATORY THREE [3] DAY RIGHT OF RESCISSION WHICH DELAYS FUNDING THREE WORKING DAYS [ALL DAYS EXCEPT SUNDAY AND FEDERAL HOLIDAYS] FROM THE DAY OF CLOSING. REFINANCE LOANS MUST FUND WITHIN THEIR LOCK-IN PERIOD.
1.
2. 3. 4. 5.
6.
7.
8. 9.
PREPARED BY: Date:
BY SIGNING THIS FORM I WARRANT I FULLY UNDERSTAND AND ACCEPT THE TERMS SET FORTH HEREIN. NOTE: ONLY ONE BORROWER'S SIGNATURE IS REQUIRED TO MAKE THIS AGREEMENT BINDING.
Borrower Date
Co-Borrower Date
Date
Date Co-Borrower
Co-Borrower
Page 2 of 2 01/28/2010 02:52:27 PM 115C1 896882
Lisa Lewis 01/28/2010
Solomon Z Foshko
Amy Z Foshko
Interest Rate Agreement F_IRA2.UFF (12/2000
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW
ACCOUNT OR REQUESTING A LOAN
-128 (0308) VMP Mortgage Solutions (800)521-7291 8/03
To help the government fight the funding of terrorism and money laundering
activities, Federal law requires all financial institutions to obtain, verify, and
record information that identifies each person who opens an account or
requests a loan.
What this means for you: When you open an account, we will ask for your
name, address, date of birth, and other information that will allow us to identify
you. We may also ask to see your driver's license or other identifying
documents.
IMPORTANT APPLICANT INFORMATION
Lender:
Date:
Borrow er Name(s):
Property Address:
Date Date Borrow er
Date Borrow er
Date Borrow er
Date Borrow er
Borrow er
Date Borrow er
Date Borrow er
Date Borrow er
896882
Colonial National Mortgage, a division of Colonial Savings,
F.A.
1000 Heritage Center Circle
01/28/2010
Solomon Z Foshko Amy Z Foshko
Solomon Z Foshko
Amy Z Foshko
Round Rock, TX. 78664
9211 Sautelle Lane
Austin, TX 78749
Date:
Loan #:
Applicant:
NOTICE TO THE HOME LOAN APPLICANT
In connection with your application for a home loan, the lender must disclose to you the score that a consumer reporting agency
distributed to users and the lender used in connection with your home loan, and the key factors affecting your credit score.
The credit score is a computer generated summary calculated at the time of the request and based on information that a consumer
reporting agency or lender has on file. The scores are based on data about your credit history and payment patterns. Credit scores are
important because they are used to assist the lender in determining whether you will obtain a loan. They may also be used to
determine what interest rate you may be offered on the mortgage. Credit scores can change over time, depending on your conduct,
how your credit history and payment patterns change, and how credit scoring technologies change.
Because the score is based on information in your credit history it is very important that you review the credit-related information
that is being furnished to make sure it is accurate. Credit records may vary from one company to another.
If you have questions about your credit score or the credit information that is furnished to you, contact the consumer reporting
agency at the address and telephone number provided with this notice, or contact the lender, if the lender developed or generated the
credit score. The consumer reporting agency plays no part in the decision to take any action on the loan application and is unable to
provide you with specific reasons of the decision on a loan application. The name, address and telephone number of the credit
reporting agencies providing data are:
Experian-Fair Isaac (FICO)
P.O. Box 9600
Allen, TX 75013
1-800-311-4769
Equifax Credit Information
Services - Beacon
P.O. Box 740241
Atlanta, GA 90974
1-800-685-1111
Trans Union - Empirica
P.O. Box 1000
Chester, PA 19022
1-800-888-4213
CREDIT SCORE DISCLOSURE
A credit score was obtained in connection with your application for a home loan. The credit score is a computer-generated
summary calculated at the time of the request and based on information that a consumer reporting agency or lender has on file. The
scores are based on data about your credit history and payment patterns. Credit scores are important because they are used to assist
the lender in determining where you will obtain a loan. They may also be used to determine what interest rate you may be offered on
the mortgage. Credit scores can change over time depending on your conduct, how your credit history and payment pattern changed,
and how credit scoring technologies change.
Because the score is based on information in your credit history, it is very important that you review the credit-related information
that is being furnished to make sure it is accurate. Credit report may vary from one company to another.
Beacon
Factors
Fair Isaac
Factor
s
Empirica
Facto
rs
Credit Score Notice and Disclosure f_csnad.uff (2004/11)
The following factors are what affected your credit scores:
Foshko, Solomon Z
01/28/2010
896882
Your scores are: 0 0 0 . These scores were created on by the consumer reporting agencies listed above. The scores range from a
low of 350 to a high score of 850.
Date:
Loan #:
Applicant:
NOTICE TO THE HOME LOAN APPLICANT
In connection with your application for a home loan, the lender must disclose to you the score that a consumer reporting agency
distributed to users and the lender used in connection with your home loan, and the key factors affecting your credit score.
The credit score is a computer generated summary calculated at the time of the request and based on information that a consumer
reporting agency or lender has on file. The scores are based on data about your credit history and payment patterns. Credit scores are
important because they are used to assist the lender in determining whether you will obtain a loan. They may also be used to
determine what interest rate you may be offered on the mortgage. Credit scores can change over time, depending on your conduct,
how your credit history and payment patterns change, and how credit scoring technologies change.
Because the score is based on information in your credit history it is very important that you review the credit-related information
that is being furnished to make sure it is accurate. Credit records may vary from one company to another.
If you have questions about your credit score or the credit information that is furnished to you, contact the consumer reporting
agency at the address and telephone number provided with this notice, or contact the lender, if the lender developed or generated the
credit score. The consumer reporting agency plays no part in the decision to take any action on the loan application and is unable to
provide you with specific reasons of the decision on a loan application. The name, address and telephone number of the credit
reporting agencies providing data are:
Experian-Fair Isaac (FICO)
P.O. Box 9600
Allen, TX 75013
1-800-311-4769
Equifax Credit Information
Services - Beacon
P.O. Box 740241
Atlanta, GA 90974
1-800-685-1111
Trans Union - Empirica
P.O. Box 1000
Chester, PA 19022
1-800-888-4213
CREDIT SCORE DISCLOSURE
A credit score was obtained in connection with your application for a home loan. The credit score is a computer-generated
summary calculated at the time of the request and based on information that a consumer reporting agency or lender has on file. The
scores are based on data about your credit history and payment patterns. Credit scores are important because they are used to assist
the lender in determining where you will obtain a loan. They may also be used to determine what interest rate you may be offered on
the mortgage. Credit scores can change over time depending on your conduct, how your credit history and payment pattern changed,
and how credit scoring technologies change.
Because the score is based on information in your credit history, it is very important that you review the credit-related information
that is being furnished to make sure it is accurate. Credit report may vary from one company to another.
Beacon
Factors
Fair Isaac
Factor
s
Empirica
Facto
rs
Credit Score Notice and Disclosure f_csnad.uff (2004/11)
The following factors are what affected your credit scores:
Foshko, Amy Z
01/28/2010
896882
Your scores are: 0 0 0 . These scores were created on by the consumer reporting agencies listed above. The scores range from a
low of 350 to a high score of 850.
LOAN PARAMETERS
APPLICANT(S):
PROPERTY:
LOAN PURPOSE:
LOAN TYPE:
SALES PRICE:
APPRAISED VALUE:
BASE LOAN AMOUNT:
Congratulations, we've approved your mortgage loan application!
Our approval of your application is subject to the
terms and conditions set forth below:
Sincerely,
GROSS LOAN AMOUNT
: Phone
: Fax
NOTICE OF PRELIMINARY LOAN APPROVAL
Colonial National Mortgage, a division of Colonial Savings, F.A.
01/28/2010
Solomon Z Foshko
5604 SW Parkway, Apt. #1933
Austin, TX 78735
Solomon Z Foshko Amy Z Foshko
9211 Sautelle Lane
Austin, TX 78749
Purchase
Conventional
332,500.00
332,500.00
299,250.00
01/28/2010 02:52:27 PM 115C1 896882 9.
Lisa Lewis (512)238-3036 (512)238-3038
299,250.00
Amy Z Foshko
LOAN NUMBER:
896882
Dear Solomon Z Foshko :
1. This specific approval is valid until 02/04/2010 , provided that you satisfy the terms and conditions within this letter, and that those terms and conditions are satisfied through loan closing.
2. This specific approval is based upon information you provided in your application, including but not limited to your employment, your assets, and your income and liabilities. If any of these items change during the process, Colonial National Mortgage, a division of Colonial Savings, F.A. (Lender) at its option may declare this approval null and void.
3. This specific approval is based on the Loan Parameters described above. If any of these items change during the process, Lender, at its option may declare this approval null and void.
4. In addition to the above parameters, this specific approval is based on an interest rate of 4.875 % per year. This is the maximum rate for which this approval is valid. However, Lender is not guaranteeing you this rate by virtue of this Notice of Loan Approval. Your interest rate will be based on a written LOCK AGREEMENT either previously executed by you and the Lender or to be executed by you and the Lender prior to closing.
5. This specific approval is subject to the documentation requirements specified in the DOCUMENT REQUEST LETTER attached to this letter or included as part of the application package. Additional document requirements may result from review of those provided initially. This specific approval is subject to any additional document requirements deemed necessary by employees of the Lender or any subsequent lender or investor. This may include the sale of your present home if you own a home now, or the payoff of certain debts in order to qualify for the loan. Your Loan Officer or Processor will confirm either.
6. This specific approval is contingent upon receipt of a Property Appraisal considered satisfactory by the Lender. An Appraiser who is currently licensed in the state in which your property is or will be located, and who is considered satisfactory by the Lender must perform the Appraisal. If you are buying a home, the value assigned by the Appraiser must not be less than the Sales Price of the property. If your are refinancing a loan or obtaining an equity loan, and a Property Appraisal is required, the value assigned by the Appraiser must support the transaction under the current lending guidelines of the Lender and those of any state or federal agency.
7. The economic terms of your loan, including the interest rate and discount points if any, and their duration have been or will be established in writing in the LOCK AGREEMENT both you and the Lender have executed or will execute prior to closing.
8. You, or your Insurance Agent or Realtor® on your behalf, must provide evidence of Hazard Insurance Coverage on the Property which this loan secures. In addition to meeting your requirements, the Coverage must conform to standards required by the Lender and the mortgage industry as a whole. Check with your Insurance Agent.
Customer Notice of Loan Approval F_NLA-1.UFF (12/2000)
You have applied for a Conventional loan. If FNMA, FHLMC, or any Private Investor for whom your loan application has specifically been approved, has their authority to purchase or securitize loans suspended or terminated, then Colonial National Mortgage, a division of Colonial Savings, F.A. may at its option declare this approval null and voi
Colonial National Mortgage, a division of Colonial Savings, F.A. 's obligation to extend you a mortgage loan is conditioned upon your satisfying various pre-conditions, including without limitation those set forth above as well as other conditions which are customary in closing a residential mortgage loan. If you have any questions, feel free to contact me by any one of the methods indicated below. Thanks, and again, CONGRATULATIONS!
Thanks again for applying with us for your mortgage loan! We look forward to serving you during both the processing of
your loan AND during the years of home ownership to come.
Property & Loan Information
Applicant Documentation
Please Contact:
Phone:
Fax:
Document Request Letter
01/28/2010 02:52:27 PM 115C1 896882
Colonial National Mortgage, a division of Colonial Savings, F.A.
Teri Hall
[email protected]
(512)279-3042
(512)473-3675
Amy Z Foshko
Solomon Z Foshko
5604 SW Parkway, Apt. #1933
Austin, TX 78735
In order for us to make a final, formal loan decision, we will need from you the documents listed below. If ORIGINALS
are requested, WE will make the copies for our file and return the originals to you. This information must be returned to
us by 02/04/2010 .
Date : 01/28/2010
RE : Loan Number : 896882
Dear Solomon Z Foshko ,
Document Request Letter F_DRL1.UFF (01/2001)
