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4.5. HRSR 09-08-2020
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4.5. HRSR 09-08-2020
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City Government
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HRSR
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9/8/2020
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The Bank of Elk River <br />LOAN #: 1012000110 <br />Uniform Residential Loan Application <br />This application is designed to be completed by the applicant(s) with the Lender's assistance. Applicants should complete this form as "Borrower" or "Co -Borrower;' as applicable. <br />Co -Borrower iniormation must also be provided (and thea ropriate box checked) when 0 the income or assets of a person other than the Borrower (including the Borrower's <br />spouse) will be used as a basis for loan qualification or [the income or assets of the Borrower's spouse or other person who has community property rights pursuant to state <br />law will 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 <br />applicable law and Borrower resides in a community property state, the security property is located in a community property state, or the Borrower is relying on other property <br />located in a community property state as a basis for repayment of the loan. <br />If this is an application for joint credit, Borrower and Go -Borrower each agree that we intend to apply for joint credit (sign below): <br />omueIa�ea er: <br />V, 7/22/2020 1112:19:22 PDT <br />8TTfflWWAA40A4E5_ Go -Borrower <br />LTYPE OF MORTGAGE ANDTERMS OF LOAN <br />Mortgage 0 VA 0 Conventional 0 Other (explain): Agency Case Number Lender Case Number <br />Applied for: Q FHA 0 USDA/Rural Housing Service 1012000110 <br />Amount Interest Rate No. of Months Amortization Q Fixed Rate 0 Other (explain): <br />$ 122,500.00 2.875 % 180 Type: D GPM D ARM (type): <br />It. PROPERTY INFORMATION AND PURPOSE OF LOAN <br />Subject Property Address (street, city, state, & ZIP) No. of Units <br />1420 5th St NW, Elk River, MN 55330 County: Sherburne 1 <br />Legal Description of Subject Property (attach description if necessary) Year Built <br />1986 <br />Purpose of Loan 0 Purchase 0 Construction 0 Other (explain): Property will be: <br />0 Refinance 0 Construction -Permanent Q Primary Q Secondary 0 Investment <br />Residence Residence <br />Complete this line if construction or construction -permanent loan. <br />Year Lot Acquired Original Cost Amount Existing Liens (a) Present Value of Lot (b) Cost of Improvements Total (a + b) <br />Complete this line if this is a refinance loan. <br />Year Acquired I Original Cost I Amount Existing Liens Purpose of Refinance Describe Improvements 0 made 0 to be made <br />2007 I $145,000.00 I $ 114,917.00 <br />Title will be held in what Name(s) <br />Erin T. Cunningham, Tracy L. Cunningham <br />Cost: $ <br />Manner in which Title will be held <br />Husband And Wife as Joint Tenants With Right of Survivorship <br />Source of Down Payment, Settlement Charges, and/or Subordinate Financing (explain) <br />Borrower III. BORROWER INFORMATION Co -Borrower <br />Estate will be held in: <br />© Fee Simple <br />0 Leasehold <br />(show expiration date) <br />Borrower's Name (include Jr. or Sr. if applicable) <br />Co -Borrower's Name (include Jr. or Sr. if applicable) <br />Erin Cunningham <br />Yrs. on this job <br />Social Security Number <br />Home Phone (incl. area code) <br />DOB (mm/dd/yyyy) <br />Yrs. School <br />Social Security Number <br />Home Phone (ind. area code) <br />DOB (mm/dd/yyyy) <br />Yrs. School <br />477-84-4977 <br />612-306-6840 <br />12/20/1969 <br />16 <br />Position/Title/Type of Business <br />Business Phone (incl. area code) <br />Engineer <br />215-322-4044 <br />0 Married 0 Unmarried (include single, <br />Dependents (not listed by Co -Borrower) <br />Q Married 0 Unmarried (include single, <br />Dependents (not listed by Borrower) <br />divorced, widowed) <br />Q Separated <br />no. ages <br />divorced, widowed) <br />0 Separated <br />no. ages <br />2 17 21 <br />Present Address (street, city, state, ZIP) 0 Own =Rent No. Yrs. <br />Present Address (street, city, state, ZIP) 0 Own 0 Rent No. Yrs. <br />1420 5th St NW 13Y <br />Elk River, MN 55330 <br />Mailing Address, if different from Present Address <br />Mailing Address, if different from Present Address <br />1420 5th St NW <br />Elk River, MN 55330 <br />If residing at present address for less than two years, complete the following: <br />Former Address (street, city, state, ZIP) =Own =Rent No. Yrs. Former Address (street, city, state, ZIP) =Own =Rent No. Yrs. <br />Borrower IV. EMPLOYMENT INFORMATION Co -Borrower <br />Name & Address of Employer Q Self Employed <br />KVI Group <br />1458 County Line Rd <br />Yrs. on this job <br />3Y SM <br />Name & Address of Employer Q Self Employed <br />Yrs. on this job <br />Yrs. employed in <br />Yrs. employed in <br />Huntingdon Valley, PA 19006 <br />this line of <br />work/ profession <br />this line of <br />work/profession <br />3 <br />Position/Title/Type of Business <br />Business Phone (incl. area code) <br />Position/Title/Type of Business <br />Business Phone (incl. area code) <br />Engineer <br />215-322-4044 <br />If employed in current position for less than two years or if currently employed in more than one position, complete the following: <br />Uniform Residential Loan Application % Fannie Mae Form 1003 7105 (rev.6109) <br />Freddie Mac Form 65 7105 (rev.6109) Page 1 of 5 wj GURLA09 S 0320 <br />Ellie Mae, Inc. GURLA09S (POD) <br />r 07/22/2020 11:25 AM PST <br />
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