Real Estate Assistance Program

“Home Loans For Everyone”

In effort to assist the Real Estate Professionals, Brokers, Sales Associates and your prospective Buyers and to make sure you are not wasting your time with buyers that cannot get their loan approved we will now Pre-Qualify your buyers. This verification of financing is free and will be supplied within your required time frame.

Mortgage Makers Lending Corp. is now offering “QUICK-QUAL”  a quick view of  your buyers with our Pre Qualification program so that you can be reasonably assured that your buyers will be able to get financing. This approval will also give your buyer the assurance that they can buy a house and will feel comfortable about making an offer on the property of their choice. If your buyer does not want to get Pre-Qualified now you might have them call us later or if they like we can contact them at a later time.

Our rates are usually lower than banks with buyers that meet the conforming guidelines, have perfect credit and 10% to 20% down. We specialize in 100% financing for conforming, non-conforming and sub-prime buyers by searching over 70 of our approved lenders, even with repos, judgments, bankruptcy, limited credit and low credit scores. If required we will process a buyer through our “Credit Score Improvement Program” to assist them in increasing their credit scores so  they can get 100% financing for the purchase of a home. When you are writing the purchase contract, please call us so we can explain the terms of the contract so the buyer’s financing will work once the purchase contract is accepted. If necessary we will talk with your buyer to determine how to structure their loan based upon their special circumstances, such as:

1.      What percent of financing do they need?  100% or less _________________________.

2.      How much money do they have for down payment and loan costs $____________

3.       Gross monthly Income $__________and time on job ____ total monthly payments $__________

4.      If self employed, what is their yearly net income $____________________ (stated income)

5.      If moving to a new area will the type of employment be the same._____ and same income $_________

6.      What monthly payment do they anticipate $__________ and what price property $ _____________

7.      What type property do they desire _______________ Where do they plan to live ________________.

8.      What is their credit? __Excellent (700 up), __Good/Fair (699-620), __Bad (619-400), ___ None

With the basic information sent to us on the QUICK-QUAL - LOAN REQUEST INFO. Form (attached), one of our experienced loan officers will run the buyers credit, will review the buyers information for loan pre-qualification based upon our knowledge of all our conforming (A) and non-conforming (B&C) lenders and within your required time frame we will fax or call the approval or comments about their loan approval. Please complete as much information as possible on the attached Form and fax to 918-786-8891. We will call and/or fax our findings to you on the FOLLOW UP – LOAN STATUS REPORT form within thirty minutes to twenty four hours based upon your requirements. Please give me, or one of our eleven loan officers a call.

QUICK-QUAL -- LOAN REQUEST INFO.

NEED REPORT ____ Faxed ____ Called to me BY (date/time)_________________________

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NAME:

Borrower:Last___________________________________________ First ________________________ Middle _____________     Social Security # _________________________________age (DOB) ________________

Co Borrower: Last________________________________________ First _______________________ Middle ________________   Social Security # _________________________________age (DOB) _________________

 Address: _____________________________________ City _____________________ State______ Zip ________Own/Rent_____

 Phone: (Res.)_____________________ (Work)______________________ (Cell) ______________________

 Marital Status:       Married _____  Single _____  Divorced ______  Dependent children _______ 

EMPLOYMENT:

 Borrower ___________________________ Length of Emp._____ Income (Hourly Rate $________) ( Salary $______________)

 Co Borrower________________________  Length of Emp._____ Income (Hourly Rate $________) ( Salary $______________)

If either are Self Employed - How Long ________ Net income  (Last year $__________________Previous $_________________)    

PRE-APPROVAL OR  PURCHASE (if a contract has been accepted-Fax copy):

 Address: ___________________________City ____________­­­____ Does buyer now own property? ________________

 Appraised Value ____________ Sales Price ______________ % of loan Needed  _______%  Desired monthly payment ________

Desired price of  property ________________  Area _________ SFR ____Second Home____ Rural ____ Investment ___

DOWN PAYMENT:  Amount for down & fees $_______________ Savings ______ Gift: ___  Seller Carry ___ Other __ CREDIT:  Good ____ Bad _____ None _____; Bankruptcy dismissed _________ Foreclosure _____ Repo ____ Judgements ___ MORTGAGE OR RENT PAYMENT: Ever 30 days Late _____ Pay by: (Check ___  Money order _____ Cash ____)

Borrower’s Signature Authorization:  I (we) authorize  Mortgage Makers Lending Corp. their Loan Officers, Lenders  or assigns in association with this Real Estate Company and their Associates  to  order a consumer credit report and verify other credit information, any asset records or balances, including past and present mortgage and landlord references. It is understood that a copy of this form will also serve as authorization. The information obtained by Mortgage Makers Lending Corp. is only to be used in the processing of my pre-qualification application for a mortgage loan. The qualification and conditions of this loan approval can be discussed with this Real Estate Company and its Associates as referenced above.

Borrower’s Signature _____________________________________________________________________________  Date _____________________

Co Borrower’s Signature  __________________________________________________________________________  Date _____________________

Any questions or comments should be directed to  MORTGAGE MAKERS LENDING CORP. Phone 918-786-7777 -  888-500-0000 FAX 918-786-8891