8. Declarations (Continued)
Applicant Co-Applicant Applicant Co-Applicant
Yes
No
Yes
No
m. Have you had an ownership interest
Yes
No
Yes
No
g.
Are
you obligated
to
pay alimony, child
in a property in the last three years?
□ □ □ □
support, or separate maintenance?
□ □ □ □
(1)
What
type
of
property did ~ou
h.
Is any part
of
the
down
payment
□ □ □ □
own
--
principal residence
R),
borrowed?
second home (SH),
or
i.
Are
~ou a co-maker or endorser on a
investment property
(IP)?
note.
□ □ □ □
(2)
How
did you hold
title
to
the
j.
Are
you a U.S. citizen?
□ □ □ □
home
--
solely
by
yourself (S),
k.
Are
you a permanent resident alien?
□ □ □ □
jointly
with
your
spouse
(SPlc'
or
I.
Do you intend
to
occupy the property
jointly
with
another person
O)?
as
your primary residence?
□ □ □ □
n. Are there an~ other equity loans on
□ □ □ □
the property.
9.
Continuation
and
Additional
Information
Instructions. Use
this
section
if
you need more space
to
complete
the
Universal Credit Application.
Mark
"A"
for
Applicant
and
"C"
for
Co-Applicant. Use
this
space
if
ou answered
"Yes"
to
an
of
the questions in Section 8.
10. Federal
Notices
Important Information to Applicant(s). 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
applies
for
a loan or opens an account.
What this means for you. When you apply
for
a loan or 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 and/or other identifying
documents. In some instances,
we
may
use outside sources
to
confirm
the
information. The information you provide is
protected
by
our privacy policy and federal law.
False Statements. By signing below,
I/we
fully
understand
that
it
is a federal crime punishable
by
fine or imprisonment, or
both,
to
knowingly 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.
11.
State
Notices
California Residents.
Each
applicant,
if
married,
may
apply
for
a separate account.
Massachusetts Residents. Under Massachusetts statute, Mass. Gen.
L.
ch.
184,
Section 17B,
you, the Applicant (and Co-Applicant) are entitled
to
know
the following:
1. The responsibility
of
the
attorney
for
the Mortgagee is
to
protect the interest
of
the
Mortgagee.
2. Mortgagors may,
at
their
own
expense, engage an attorney
of
their
own
selection
to
represent their interests in
the
transaction.
For Home Equity Line
of
Credit. The current annual percentage rate
for
finance charges and,
if
the rate
may
vary, a
statement
to
that
effect
and
of
the circumstances under
which
the rate
may
increase and
whether
there are any limitations on any such increase, as
well
as the
effects
of
any such increase; the conditions under
which
a finance charge
may
be
imposed,
including
the
time
period
within
which
any credit extended
may
be
repaid
without
incurring a
finance charge;
whether
any annual fee is charged and the amount
of
any such fee; and
whether
any other charges or fees
may
be
assessed,
the
purposes
for
which
they
are
assessed, and the amounts
of
any such charges or fees.
New
York Residents. A consumer report
may
be
ordered in connection
with
your application. Upon your request,
we
will
inform
you
whether
or
not
a report
was
ordered.
If
a report
was
ordered,
we
will
tell you
the
name and address
of
the
consumer
reporting agency
that
provided
the
report. Subsequent reports
may
be
ordered or utilized in connection
with
an
update, renewal
or extension
of
credit
for
which
you have applied.
Ohio Residents. The Ohio
laws
against discrimination require all creditors make credit equally available
to
all
creditworthy
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.
Any
person
who,
with
intent
to
defraud
or
knowing
that
he is facilitating a fraud against an insurer, submits an application
or
files a claim containing a false
or
deceptive statement is
guilty
of
insurance fraud.
Texas Residents. The
owner
of
the homestead is
not
required
to
apply
the
proceeds
of
the
extension
of
credit
to
repay another
debt except debt secured
by
the
homestead or
debt
to
another lender.
Wisconsin Residents. Notice
to
Married Applicants. No provision
of
any marital property agreement, unilateral statement under
Wisc. Statutes
§766.59
or a court decree under Wisc. Statutes
§766.
70
adversely
affects
the interest
of
the lender unless
the
lender, prior
to
the
time
the
credit is granted, is furnished a
copy
of
the
agreement, statement or decree or has actual
knowledge
of
the adverse provision
when
the
obligation
to
the lender is incurred.
For married Wisconsin Residents. The credit being applied for,
if
granted,
will
be
incurred in the interest
of
my
marriage
or
family.
I understand the creditor
may
be
required
by
law
to
give notice
of
this
transaction
to
my
spouse.
12.
Acknowledgment
and
Agreement
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 acknowledges 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
dama_ges,
to
any
person
who
may
suffer
any loss due
to
reliance upon any misrepresentation
that
I have made on
this
application, and/or in
criminal8enalties including,
but
not
limited
to,
fine or imprisonment or both under
the
provisions
of
Titre
18,
United States Code,
Sec.
10
1,
et
seq.; (2)
the
loan requested pursuant
to
tllis
application (the "Loan")
will
be
secured
by
a mortgage or deed
of
trust
on
the
property described in
this
application; (3)
the
property
will
not
be
used
for
any illegal
or
prohil)1ted
purPQse
or use;
(4) all statements made in
this
application are made
for
the purpose
of
obtaining a residential mortgage loan; (5)
the
property
will
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,
whether
or
not
the
Loan is approved; (7)
the
Lender ana
its
agents, brokers, insurers,
servicers, successors and assigns may continuously rely on the information contained in
the
application, and I am obligated
to
Universal Credit Application-Real Estate
:r~:~
~~;'~ina~~r
Services
2012
*%1814%03162018*
VMPC149R
(1701).00
UCA-RE-WOGM
1/1/2017
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