Fill - Free fillable MHL Marketing Package 3 PDF form

ROB LA MONICA

President, MobileHomeLoans.com

Rob La Monica has been working in mobile

homes and parks since he was a teenager,

starting in his dad’s mobile home parks.

“My dad saw that there was a need for

financing for mobile home borrowers, and

there weren’t really any banks doing it,”

Rob says. “So he started doing some lend-

ing to help people buy affordable housing.”

After graduating college with a degree in

business and a specialty in financing, Rob

Rob La Monica and his team at

MobileHomeLoans.com

specialize

in serving a diverse population in California with

an average loan amount of around $100,000.

CURTIS STEEN

Partner/Loan Consultant

got his mortgage license and soon started

his own company, MobileHomeLoans

Serving California for the past 20 years,

Rob and his team look to help

individuals fulfill their dreams of home

ownership.

Rob and his team at MHL specialize in

serving a diverse

population with an average loan amount of

around $100,000. “My mom and dad are

immigrants who came over with nothing,

and now we live the American dream,” Rob

says, “so I love being able to help people

get into a home they can afford. We not only

guide them through the process step by step,

but also teach them about the financing pro-

cess and homeownership along the way.”

The majority of Rob’s business comes from

repeat and referral clients, and it’s easy to

see why Realtors

and past clients keep

referring people to work with him. “We

offer great customer service, and if there

ever is an issue, we are on top of it,” Rob

says. “We’re quick with closing, and we try

to make our process as streamlined and as

easy as possible not just for the borrower,

but for the Realtor

and the escrow company

as well.”

Last year, Ro

b and his team did close to

$100 million in loan volume, an incredible

achievement considering their average loan

amount is $100,000. MHL is not just the

largest company of its kind in California,

but in the whole United States.

Rob and his team maintain strong connec-

tions with the real estate and mobile home

industries. “About 80% of our business

comes from Realtors

listing mobile homes

“I love being able to help people get into a home they

can afford. We not only guide them through the process

step by step, but also teach them about the nancing

process and homeownership along the way.”

and parks, and the other 20% comes from a

mobile home dealer; we do the financing for

mobile homes off their lot,” he explains. He

and his company are active in organizations

including CMHI (California Manufactured

Housing Institute), MHI (Manufactured

Housing Institute), and WMA (Western

Manufactured Association).

An important piece of Rob’s 2-decade

career is in the mobile home loan business.

“I spent 10 years working for the largest

mobile home lender in the United states

as their Regional Manager and managed a

team of 5 employees” Rob says. “I am the

only Mobile Home Loan broker in United

states that has worked for one of the larg-

est mobile home lenders directly and have

a thorough understanding of how all their

programs work by spending a decade with

their company.” These long-term relation-

ships has enabled him to get loans done

quicker than any of his competitors.

When he is not working, Rob loves spend-

ing time with his family, especially his

kids. He lives in the Lake Tahoe region,

and enjoys water sports and snow sports.

In the future, Rob plans to continue offer-

ing top-level service and helping first-time

homebuyers achieve financial indepen-

dence through mobile home ownership.

“When you work with people who don’t

have a lot of resources and you are able

to help them out of a rental and into a

mobile home, they’re really appreciative,”

Rob says. “I worked in single-family for a

while, but it wasn’t for me. I love the prod-

uct, and I love the people. This is what I

love doing.”

www.

To find out more about Rob La Monica,

call 650-735-1334, email info@mobilehomeloans.com,

or visit him online at MobileHomeLoans.com

Rob La Monica

14164 Donner Avenue, Truckee, Ca 96161

650-735-1334- Office (707) 225-1864 - Cell Email – info@mobilehomeloans.com

7/16 to Present

Mobile Home Specific Experience - 25 years - (Broker, Lender, Loan Officer, Asset Manager & Park Owner)

Loan Officer, Underwriter, Broker - Owner

MobileHomeLoans.com

 Evaluate debt ratio, loan-to-value ratios, credit scores, and property valuations.

 Analyze credit documents, including but not limited to, mortgage applications, credit history and

income documents, title documents, appraisals and all applicable compliance documents.

 Review and underwrites new manufactured and mobile home loans and provides decisions to

senior loan officers and managers.

 Completes due diligence analysis during loan closing process including review of storage

agreements, purchase contract, title reports, notes and security agreements.

 Manage a team of a team of contract underwriters and processors and communicate decisions

that most effectively mitigate risks in investor lending.

 Develop marketing Strategies and relationship building with new lenders and portfolio lenders.

12/09 – Present Norcal Contractor

Regional Asset Manager

Mortgage Corporation - Specializing in Mobile Home Foreclosure

 Managed and marketed mixed REO inventory in California, Nevada & Oregon.

 Developing real estate marketing strategies, management plans, and budgets for REO’s

 Recommending criteria and performance goals for property disposition and effectively

communicating such information to internal management throughout the ownership cycle

 Hiring, coordinating, and managing brokers, contractors and on-sight property managers.

 Process includes ordering the BPO, listing/marketing the property, negotiating offers, while

working with closer/attorney, client, buyer, and title company for successful close of escrow

 Coordinate with legal/attorney and perform writs/evictions throughout three states.

 Manage a team and trained a team of 3 Asset Managers throughout California, Nevada &

Oregon

2/05 – 12/09

Direct MH Lender, Loan Officer, Asset Manager - Partner

Home Loan Servicing – Specializing in Mobile Home Loans

 Underwrite, Fund, Service and handle foreclosures for a large mixed real estate portfolio.

 Coordinates the refurbishing and remarketing of repossessions through and established realtor

network.

 Minimizes and controls losses and expenses incurred as a result of repossessions

 Cultivates and manages relationships with area realtors to assist in marketing units to end users

 Maintain solid communication by following up and through with outside contractors and vendors

 Evaluate options and recommend courses of conduct for selling repossessed or foreclosed

homes.

1/2000 – 02/05

Loan Officer/Partner - Woodbury Mortgage

- Specialized in Mobile Home loans

• Originate mortgages for Mobile home purchases, refinance, and new home construction.

• Solidify contacts with local realtors, contractors, financial advisors, and other referral sources.

• Meet all potential borrowers, and inspect all properties for requested financing.

• Review and analyze loan transaction packages for preliminary approval or denial in accordance

with bank guidelines.

Education

Chico State University, Chico, CA 1993 - 1998

Bachelor of Science – Business Administration – Specializing in Real Estate

Department Of Real Estate – Broker #1482513 NMLS #493291 Licensed MLO

Mobile Home Park Owner - Currently Own and Operate Multiple Mobile Home Parks in

California Have a thorough understanding of Mobile Home Park Law at HCD

Department of Business Oversight - CFL - Mobile Home Lender License - #60DBO-83829

EXPECTATIONS OF THE LOAN PROCESS

The loan process is typically 30-45 days. In some instances a loan can be processed in 15 - 30

days.

The purchase of a Mobile Home or Manufactured Home is typically serviced through what is

called “escrow”. Escrow is a third party company that handles all documents and funds between

the Buyers, Sellers and Finance institution. If you are financing a property you MUST transact

through an escrow company. This is a requirement for all lending institutions. There are escrow

fees. You will receive a good faith estimate of these fees within roughly one week of your escrow

opening. We will also verbally consult you on these fees prior to your opening of escrow.

A Manufactured Housing Lender requires an appraisal. This is a service provided by a certified

professional to determine the value of the home. There is a fee. The buyer pays the fee up front

directly to the appraiser at time of appraisal.

Dependent upon the transaction, the lending institution can finance all or portions of the

escrow

fees.

We will discuss that in more detail.

A manufactured home loan is a full document transaction. That means that the lending

institution will need to verify all applicants employment history, taxes for the recent 2 years, credit

and debt history, and verify current income with recent paystubs and 2 years W-2. This information

is easy to obtain and I will help guide you along the way.

Occasionally a lending institution will request verification of a document or need something that

is specific to your transaction only. The emphasis here is that sometimes things change. At

Manufactured Home Mortgage we pride ourselves on the ability to function and overcome these

situations, helping you to understand them and obtain all necessary documents or requirements to

meet them.

I will always be available for any questions or concerns that you may or will have during your

home purchase.

Regards,

Rob La Monica

Mortgage Loan Officer

MobileHomeLoans.Com

14164 Donner Avenue,

Truckee, Ca 96161

Office - 650-735-1334 Cell - 707-225-1864

DREBroker#02073724 MLO#493291MHL #1706701

MobileHomeLoans.com

Rob La Monica - Broker/Owner - Office - 916 - 256 -2467 - Cell - 707-225-1864

MŽďŝůĞ,ŽŵĞ>ŽĂŶƐ͘ĐŽŵ IS A CALIFORNIA RETAIL MORTGAGE BROKER SPECIALIZING IN THE PURCHASE AND REFINANCE OF

SINGLEWIDE, DOUBLEWIDE AND TRIPLEWIDE HOMES IN MOBILE HOME PARKS. 1960 TO 2020 - ELIGIBLE FOR FINANCING

OUR EXPERIENCED STAFF HAS BEEN PROVIDING LOANS FOR CALIFORNIA MOBILE HOME BUYERS FOR OVER - 20 YEARS.



IN PARK*

(HOME ONLY)

35%

DOWN

20%

DOWN

15%

DOWN

10%

DOWN

MAX

TERM

1976 HUD OR NEWER

5.10%/6.70%

5.40%/7.00%

5.80%/6.40%

5.80%/7.40% 6.40/8.00%

FIRST 5 YRS./NEXT 15 YRS.

1976 HUD OR NEWER

5.75%

ϱ͘75%

6.00%

6.25й

6.5%

20 /23YRS.

PRE-HUD - For step

25% min downpayment

6.10%/7.70%

6.40%/8.00% N/A

FIRST 5 YRS./NEXT 15 YRS.

PRE-HUD

7.100%

7.10%

7.50

8.0%

8.5.%

20/23 YRS.

*Total loan fees (Lender/Broker) can range from ZERO to 4.75% - Depending on Lender and Program

*All loan fees are financed into the loan including some non -recurring closing costs

PROVIDING MANUFACTURED/MOBILE HOME LOANS

IS OUR ONLY BUSINESS!

WE OFFER Four METHODS FOR SUBMITTING A CREDIT APPLICATION:

1. SUBMIT APPLICATION ON-LINE: ŚƚƚƉƐ͗ͬͬŵŚŵ͘ĨůŽŝĨǇ͘ĐŽŵ

2. PRINT AND COMPLETE THE APPLICATION FROM WEBSITE (MobileHomeLoans.com) AND EMAIL infoΛŵŽďŝůĞŚŽŵĞůŽĂŶƐ͘ĐŽŵ

3. Fax Mobile Home Application - 707-306-7286

4. CALL 650-735-1334 AND WE WILL TAKE THE APPLICATION OVER THE PHONE.

FOR REFERRAL SOURCES ONLY AND NOT FOR DISTRIBUTION TO CONSUMERS. THIS IS NOT AN ADVERTISEMENT TO EXTEND CONSUMER CREDIT. STANDARD CREDIT

APPROVAL AND UNDERWRITING CRITERIA APPLY

. PROGRAM TERMS AND CONDITIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. DO NOT QUOTE RATES OR OTHER CREDIT

TERMS TO YOUR APPLICANT PRIOR TO APPROVAL BY MANUFACTURED HOME MORTGAGE. MANUFACTURED HOME MORTGAGE OFFERS CREDIT AT VARIOUS RATES AND

OTHER CREDIT TERMS

. SHOULD YOU WISH TO NOT RECEIVE THIS INFORMATION, PLEASE CALL, FAX, OR EMAIL FOR DELETION. 09.04.15

ʹʹͲͽͺͷ

΀΃ͿͺͲ׏΄ ;ͲͿΆͷͲʹ΅Ά΃Ͷ͵͑͹΀;Ͷ͑΄΁ͶʹͺͲͽͺ΄΅͑ͿͺͲ׏΄ ;;;;;;ͲͲͲͲͲͲͿͿͿͿͿͿͿͿͿͿΆΆΆΆΆΆΆΆͷͷͷͷͷͷͲͲͲͲͲͲʹʹʹʹʹʹ΅΅΅΅΅΅ΆΆΆΆΆΆΆΆΆΆ΃΃΃΃΃΃ͶͶͶͶͶͶ͵͵͵͵͵͵ ͹͹͹͹͹͹͹͹΀΀΀΀;;;;;;;;;;ͶͶͶͶͶͶ ΄΄΄΄΄΄΁΁΁΁΁΁

Rob La Monica - Broker/Owner - MobileHomeLoans.com

Office - 650-735-1334- Fax - 707-306-7286 - Cell - 707-225-1864

DRE BROKER #02073724 - DBO CFL License #60DBO-83829 - MLO #493291 - MHL NMLS #1706701

Whether you have a purchase or refinance application on a manufactured home, we look at three criteria:

Collateral (home value), Credit (do they pay their bills on time) and Capacity (can the customer afford

it).

1. Collateral

• Manufactured Home Mortgtage will finance SINGLEWIDES (14’ wide or larger),

DOUBLEWIDES and TRIPLEWIDES with or without land. Modular Home financing

available with land.

• Manufactured Home Mortgage has programs up to 95% of the overall home and land

value. Credit quality, loan affordability, occupancy type and collateral type will

ultimately determine the loan-to-value or down payment requirement.

• No age restrictions apply in California

• Manufactured Home Mortgage requires the property must be located on a paved road if

the land is financed. A minimum of 20% equity/80% LTV is required for consideration

on a non-paved road. We are unable to finance properties with shared wells.

2. Rates

• Rates typically range from 6% to 12.00% depending on credit quality, LTV, loan

amount, occupancy type and collateral type.

• All of our loans feature Fixed Interest Rates & No Pre-Payment Penalties.

3. Programs

• Purchase, Refinance, Secondary Housing , Buy For Programs and Investment Property

programs are available with a maximum loan term of 23 years. Investment 120 years.

• Chattel (home only) or Land Home combination loans are available.

• Minimum loan amount is $20,000.

• Up to 95% LTV before fees on Owner Occupied and Full Doc loans.

• Up to 80% LTV before fees on Secondary Housing and Investment Properties.

• Equity Programs are available for applicants scoring less than 600 or with previous

bankruptcy or foreclosures (purchases only). Minimum 35% down payment required.

*Secondary Housing and Refinance loans not available with the equity program.

• Debt Consolidation and Home Improvement programs available (based on equity and

customer qualification).

• Manufactured Home Mortgage does not require a permanent foundation, survey or

inspection.

• Buy for Program, Secondary Housing and Investment Programs require 20%

Downpayment.

• No Min on Cash out refinance programs. LTV is based on the Original purchase price.

Max LTV 680+ FICO is 80% and 680 - 65%. No refinance programs available under 600

FICO.

• Disposable Monthly Income qualifying allows for higher Debt to income ratios.

• Programs for ITIN applicants

“Specializing in Mobile Home Loans”

4. Credit

• No min Credit score is required for purchase programs. 35% down payment required

• Min 600 score for Rate & Term or Cash out Refinance programs

• Typically if an applicant scores 680+, 5% is the minimum down payment required,

651-680 10% down and 600-650 scores usually requires 15-30% down.

5. Value

• Value is determined by using the following methods:

A. Mobile Home and Land = 1004C Appraisal

6. Income and Debt Ratio

• Employment Information must be obtained in order to develop the ability to repay and

show stability of income.

• At least two years of employment history must be obtained in each case for 10% and 5%

down payment programs.

• One year or min 6 months of employment history must be obtained for 20% down

payment programs.

• A minimum of six months continuous employment must be verified.

• A letter of explanation is required for all job gaps more than 30 days.

• Income must be verified on every approval using check stubs, W-2’s, 1040’s, etc.

• W2 employees must prove income based on two years W2 & YTD pay stubs for the last

30 days.

• If the applicant is self-employed, income must be verified with copies of two years Tax

Returns including all supporting Schedules, YTD Profit & Loss, Balance sheet and bank

statements where applicable.

• An IRS form 4506T must be completed and signed by the borrower and sent to 21

Mortgage for review.

• Part-time job income may only be considered with verification that it has been received

consistently for the past two years and is expected to continue.

• Child support income may only be considered with verification that it has been received

consistently over the prior twelve months and is expected to continue for 3 years.

• Proof and verification of down payment but does not need be sourced. Can be borrowed.

• Gifts are allowed for down deposit.

• All student loans reporting to the credit bureau will be calculated at 1% of the loan

balance.

• Disposable Income Guidelines - 650+ Fico Score applicant needs $1 Dollar in Disposable

Monthly Income - 650 - Fico score applicant needs $475 in disposable monthly income.

7. Fees

• Depending on lender fees can be broker paid or lender paid (Ranging from 2 to 4 points)

1 of 4

Revised date: 11/9/17

q Individual q Joint

q Home only q Land and home q Land in lieu q Condo/co-op (land home only) q Park model

q Primary q Second or vacation (owner occupied)

q Purchase

q Renance Type: q Cash out q Rate and term q Home improvement q Other

Disposition of current home

q Selling q Renting q Keeping q Trade in

Contact Phone Fax Retailer name Location

(A) Applicant (B) Co-applicant

Full name last, rst, middle Full name last, rst, middle

Date of birth Social security number Number/age(s) of dependents Date of birth Social security number Number/age(s) of dependents

Marital status q Unmarried q Married q Separated Marital status q Unmarried q Married q Separated

Present street address Present street address

City, state, zip City, state, zip

At present address since

Home phone no. At present address since Home phone no.

Email address Email address

Residential status q Home owner

q Renter q Parent q Other

Monthly rent or mortgage payment

Residential status q Home owner

q Renter q Parent q Other

Monthly rent or mortgage payment

Landlord/mortgage holder’s name Phone no. Landlord/mortgage holder’s name Phone no.

Balance of mortgage Account no. Balance of mortgage Account no.

Previous street address Previous street address

City, state, zip

From

City, state, zip

Landlord/mortgage holder’s name Phone no. Landlord/mortgage holder’s name Phone no.

Buyer’s credit information: If this is an Individual application, complete the information under section A. If this is a joint application, complete both sections, A and B.

Note: If married, the spouse is not required to be the co-applicant.

Employer’s name q Self-employed

Business type

Employer’s name q Self-employed

Business type

Employer’s address Work phone no. Employer’s address Work phone no.

Job title or occupation

Hire date

/ /

Job title or occupation Hire date

Base salary (gross monthly or annually) Base salary (gross monthly or annually)

Overtime

Received consistently since

/ /

Overtime Received consistently since

/ /

Commission/bonus Received consistently

since / /

Received q Annually q Monthly

q Quarterly

Commission/bonus Received consistently

since / /

Received q Annually q Monthly

q Quarterly

Other income note: Alimony, child support or separate maintenance incomes do not have to be revealed unless the applicant wishes to have such sources considered as a basis for repayment of the requested credit.

Other income Other income

Amount Source Since

q Seasonal q PT job q Second job

Amount Source Since

q Seasonal q PT job q Second job

Previous employer (if less than two years at present job) Previous employer (if less than two years at present job)

Previous employer’s city and state

Job title or occupation Phone no. Job title or occupation Phone no.

Credit application

From

Clear application

2 of 4

Revised date: 11/9/17

Indicate relationship of ownership account by selecting A for applicant and/or B for co-applicant

q A

q B

q Checking q Savings

Institution

Account no. Average balance

q A

q B

q Checking q Savings

Institution

Account no. Average balance

q A

q B

q 401k q Retirement acct q Other investment

Institution

Account no. Average balance

q A

q B

q 401k q Retirement acct q Other investment

Institution

Account no. Average balance

q A

q B

Additional asset account: type of account

Institution

Account no. Average balance

Schedule of real estate owned

Property address Present

market value

Amount of mortgages

and liens

Mortgage payments Insurance, taxes, etc. if not included in mortgage

q S q PS

q R

q S q PS

q R

q S q PS

q R

Totals

S=Sold PS=Pending sale

R=Rental held for income

List all other obligations including the liability for alimony, child support or separate maintenance. Be sure to list all open accounts. Select A for applicant and/or B for co-applicant

Owner Creditor name and address Account no. Current balance Monthly payment

q A

q B

q A

q B

q A

q B

q A

q B

Relative living nearest applicant

Name Address Relationship Phone no.

Relative living nearest co-applicant

Name Address Relationship Phone no.

Friend living nearest applicant

Name Address Relationship Phone no.

Friend living nearest co-applicant

Name Address Relationship Phone no.

If the answer is “yes” to any of the following questions, explain on an attached sheet. Enter Y (yes) or N (no) in both columns Application Co-applicant

(1) Have you declared bankruptcy within the past 10 years? When?

q Y q N q Y q N

(2) Have you had any judgments, repossessions, garnishments, or other legal proceedings led against you with in the past seven years?

q Y q N q Y q N

(3) Have you ever obtained credit under any other name(s)? Name(s) used:

q Y q N q Y q N

(4) Are you a co-maker or guarantor on a note? For whom? How much?

q Y q N q Y q N

(5) Are you a party in a lawsuit?

q Y q N q Y q N

(6) Do you have any lease obligations? If yes, how much? How long?

q Y q N q Y q N

(7) Are you liable for alimony, child support, or maintenance payments? If yes, how much? How long?

q Y q N q Y q N

(8) Are you a US citizen?

q Y q N q Y q N

(9) Are you a permanent resident alien?

q Y q N q Y q N

(10) Do you intend to occupy the property as your primary residence?

q Y q N q Y q N

Applicant name(s)

$ 0.00

3 of 4

Revised date: 11/9/17

Notice for California residents—A married applicant may apply for a separate account. If your credit request is declined, you refuse our counter

offer, your account is terminated, or there is an unfavorable change in terms made to your account and our decision is based, in whole or in part,

on information contained in a consumer credit report, you have the right to obtain a copy of your consumer credit report from the credit reporting

agency within 60 days. You also have the right to obtain a copy of your consumer credit report from any other credit reporting agency which complies

and main nationwide basis. Additionally, you have the right to dispute the accuracy or completeness of any information in a consumer credit report

furnished by the consumer credit reporting agency. (California Civil Code Sec. 1785.20)

Notice for New York and Maine residents—A consumer credit report may be requested in connection with this application or in connection with

updates, renewals or extensions of any credit granted as a result of this application. If you subsequently ask for this information, you will be informed

whether or not such a report was requested and, if so, the name and address of the agency that furnished the report.

Notice for Ohio residents—The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy

customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission

administers compliance with this law.

Notice for Washington residents—Washington State law against discrimination prohibits discrimination in credit transactions because of race,

creed, color, national origin, sex or marital status. The Washington State Human Rights Commission administers compliance with this law.

Notice for Wisconsin residents—Wisconsin law provides that no agreement, unilateral statement or court decree relating to marital property shall

adversely a affect a creditor’s interest, unless prior to the time credit is granted the creditor is furnished a copy of the agreement, statement or decree

or has actual knowledge of the adverse provision. You must indicate the name of your spouse on the Installment Contract, and the address if different

from yours.

To help the government ght terrorism, Federal law requires all nancial institutions to verify information that identies each person who opens an

account. What this means for you: When you open an account, we will ask for personal information that will allow us to identify you. We will ask to

see your driver’s license or other identifying documents before your loan is completed. You warrant that the information you are furnishing is true,

accurate, supplied voluntarily, and not misleading. You authorize us to check your credit, employment histories and credit references; to discuss this

application and related information with your retailer, broker, or Realtor, if any, to answer questions about your application, credit history and to keep

this application whether or not it is approved. We may also verify your employment, pay, assets and debts. You understand that credit is extended at

different rates and credit terms and agree that you are applying for an extension of credit and not for a particular rate or particular credit term.

I have read and understand the applicable state law notice.

Applicant signature

Date

Co-applicant signature

Date

Application submission method

q Phone q Fax q Mail q Email q Face-to-face

PHONE APPLICATIONS ONLY: I have read the applicable state law notice to the application Broker representative initial here

Applicant name(s)

R.L

4 of 4

Revised date: 11/9/17

Demographic Information of Borrower

The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fullled. For residential

mortgage lending, federal law requires that we ask applicants for their demographic information (ethnicity, sex, and race) in order to monitor our compliance with equal credit opportunity, fair

housing, and home mortgage disclosure laws. You are not required to provide this information, but are encouraged to do so. The law provides that we may not discriminate on the basis of this

information, or on whether you choose to provide it. However, if you choose not to provide the information and you have made this application in person, federal regulations require us to note

your ethnicity, sex, and race on the basis of visual observation or surname. The law also provides that we may not discriminate on the basis of age or marital status information you provide in this

application. Instructions: You may select one or more “Hispanic or Latino” origins and one or more designations for “Race.” If you do not wish to provide some or all of this information, select the

applicable check box.

q I do not wish to provide this information q I do not wish to provide this information

Ethnicity

q Hispanic > q Mexican q Puerto Rican q Cuban

q Other Hispanic or Latino >

Enter origin

Examples: Argentinean, Colombian, Dominican, Nicaraguan, Salvadoran,

Spaniard, etc.

q Not Hispanic or Latino

q I do not wish to provide this information

Ethnicity

q Hispanic > q Mexican q Puerto Rican q Cuban

q Other Hispanic or Latino >

Enter origin

Examples: Argentinean, Colombian, Dominican, Nicaraguan, Salvadoran,

Spaniard, etc.

q Not Hispanic or Latino

q I do not wish to provide this information

Race

q American Indian or Alaska Native

Name of enrolled or principal tribe:

q Asian

q Asian Indian q Chinese q Filipino q Japanese

q Korean q Vietnamese

q Other Asian—Enter race

Examples: Hmong, Laotian, Thai, Pakistani, Cambodian, etc.

q Black or African American

q Native Hawaiian or other Pacic Islander

q Native Hawaiian q Guamanian or Chamorro q Samoan

q Other Pacic Islander—Enter race

Examples: Fijian, Tongan, etc.

q White

q I do not wish to provide this information

Race

q American Indian or Alaska Native

Name of enrolled or principal tribe:

q Asian

q Asian Indian q Chinese q Filipino q Japanese

q Korean q Vietnamese

q Other Asian—Enter race

Examples: Hmong, Laotian, Thai, Pakistani, Cambodian, etc.

q Black or African American

q Native Hawaiian or other Pacic Islander

q Native Hawaiian q Guamanian or Chamorro q Samoan

q Other Pacic Islander—Enter race

Examples: Fijian, Tongan, etc.

q White

q I do not wish to provide this information

Sex

q Male q Female q I do not wish to provide this information

Sex

q Male q Female q I do not wish to provide this information

To be completed by nancial institution (for application taken in person)

Was the ethnicity of the Borrower collected on the basis of visual observation or surname?

q Y q N

Was the sex of the Borrower collected on the basis of visual observation or surname?

q Y q N

Was the race of the Borrower collected on the basis of visual observation or surname?

q Y q N

Was the ethnicity of the Borrower collected on the basis of visual observation or surname?

q Y q N

Was the sex of the Borrower collected on the basis of visual observation or surname?

q Y q N

Was the race of the Borrower collected on the basis of visual observation or surname?

q Y q N

The demographic information was provided through:

q Phone q Fax or mail q Email

q Face-to-face (includes electronic media with video component)

The demographic information was provided through:

q Phone q Fax or mail q Email

q Face-to-face (includes electronic media with video component)

Loan originator information

Loan organization name

Address

Loan originator organization NMLSR ID State license ID#

Loan originator name

Loan originator NMLSR ID# State license ID#

Email Phone

Applicant name(s)

MobileHomeLoans.com

14164 Donner Avenue, Truckee, Ca 96161

1706701

02073724

Robert La Monica

493291

1482513

rob@mobilehomeloans.com

(707) 225-1864

Calculation of allowable advance

Manufacturer’s invoice or existing home appraisal

Deletions

Freight

Wheels and axles

Less sales/advertising

Fees/dues

Furniture/decor

Other

Total deletions

Net invoice (Invoice/appraisal less total deletions)

125% standard*

Adjusted invoice

Dealer options and improvements

AC/HP

Electrical hook up/plumbing

Footers

Deck/steps

Skirting q Brick q Vinyl

Other

% used for allowable Dealer Options**

Total dealer options

Freight

Set up

Sales tax

Amount paid to public ofcials

Physical damage insurance (one year)

Appraisal

Fees

Other

Max allowable advance

Where will the home be located? q Own land q Relative land q Park q Other private property

Address

If owned, date purchased

Park name

Monthly rent or mortgage payment

Current balance on land

Home description Year Make Model W x L Serial number

q Used

q New

q Repo

Calculation of loan amount

Cash sales price or renance payoff amount

Sales tax

Physical damage insurance (one year)

Amount paid to public ofcials (registration, title, ling

fees)

Escrow fee

Flood and tax certication fee

Appraisal fee

Land to be nanced

Land value

Number of acres

Land improvements to be nanced

Membership fees

Document preparation fee

Admin fee

Closing costs

Sub total

Cash down payment

Net trade in

Total down payment (minimum 5% of Sub total)

Amount financed

Trade-in information

Year

Make

Model

W x L

Gross trade-in amount

Amount owed on trade in

To whom

Net trade-in (listed above)

* Above 720 FICO or California purchase = 130% advance

** Standard 25%, 30% for California purchase

NMLS #

Lender

Applicant name(s)

Lot # and name

Equal Housing Lender • Federally Insured by NCUA

Revised date: 11/9/17 • This piece is not intended for consumer advertising

Loan calculator tool

Total listed options

1706701

MobileHomeLoans.com

Clear form

$ 103.00

$ 10.00

$ 22.00

$ 50.00

$ 185.00

$ 0.00

$ 185.00

$ 0.00

125%

$ 0.00

30%

$ 0.00

$ 185.00

$ 0.00

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