Uniform Commercial Loan Application

Completing the Form in multiple Sessions:
Scroll to the bottom and use the "Save as Draft" Option to the right of the blue "Submit" button at any point you want to stop - this allows you to complete the form in multiple sessions.
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.
Immediately following the submission of this Uniform Commercial Loan Application, CASCO Financial will review the information provided and (upon approval) send an invitation to complete the CASCO Financial | Uniform Commercial Acknowledgement Agreement.
OPTION A = Applies when the income or assets of a person other than the "Borrower" is used as a basis for Loan Qualification (includes Borrower’s Spouse)Check Box if applicable
OPTION B = Applies when the income or assets of the Borrower's spouse will not be used as a basis for loan qualification, but his or her liabilities must be considered because the 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 located in a community property state as a basis for repayment of the loan.Check Box if applicable

I. Type of Mortgage and Terms of Loan 

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II. Property Information & Purpose of Loan 

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State the Type of Property (Indended for Use)
Please complete the following Information if this is a "Construction" or "Construction-Permanent" Loan
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Please complete the following Information if this is a Refinance Loan 
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Improvements
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III. Borrower Information

(NOT listed by the Co-Borrower)
(NOT listed by the Borrower)
If residing at present Address less than 2 Years, please complete the following Information:
Borrower's former Property Information
Co-Borrower's former Property Information

IV. Employment Information

Borrower - Self Employed
Co-Borrower - Self Employed
If Employed In Current Position for less than Two Years or if Currently Employed in more than One Position, please complete the Following Information:
Borrower Self-Employment
Co-Borrower Self-Employment
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Additional Employment Information
Borrower Self-Employed Status
Co-Borrower Self-Employed Status
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V. Monthly Income and Combined Housing Expense Information

Combined Monthly Housing Expense in USD
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Gross Monthly Income in USD
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For Other Income - prior to Completion, please reference the "Describe Other Income" Section
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* Self Employed Borrower(s) may be required to provide additional documentation such as financial statements and tax returns
Describe Other Income
Alimony, child support, or separate maintenance income need not be revealed if the Borrower or Co-Borrower does not choose to have it considered for repaying this loan. A separate form will be provided by CASCO Financial to provide this information

VI. Assets & Liabilities

This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrowers if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the Co-Borrower section was completed about a spouse, this Statement and supporting schedules must be completed about that spouse also.
Please Select one Option

Assets Information

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Please list Checking and Savings Account(s) Information below
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Additional Asset Information
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Please Enter Market Value From Schedule Of Real Estate Owned
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Please attach Financial Statement
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Liability Information

Please list the creditor's name, address and account number(s) for all outstanding debts, including automobile loans, real estate loans, revolving charge accounts, alimony, child support, stock pledges, etc. Use continuation sheet (if necessary). Please indicate with an asterisk (*) those liabilities which will be satisfied upon sale of real estate owned upon refinancing of the subject property.
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Additional Liability Information
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Child Care, Union Dues, etc.
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Schedule of Real Estate Owned

If Additional Properties are owned, please use the Continuation Sheet
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List Any Additional Names Under Which Credit Has Previously Been Received And Indicate Appropriate Creditor Name(s) And Account Number(s)

VII. Details of Transaction

Please provide all amounts in USD
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Exclude PMI, MIP and/or Funding Fee Financed
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VIII. Declarations

If you answer 'Yes' to any questions A - I, please use Continuation Sheet for explanation

Question A:

Are there any outstanding Judgements against you?

Question B:

Have you been declared Bankrupt within the past 7 years?

Question C:

Have you had Property foreclosed upon or given Title or Deed in lieu thereof in the last 7 years?

Question D:

Are you a party to a lawsuit?

Question E:
Have you directly or indirectly been obligated on any Loan which resulted in Foreclosure, Transfer of Title in lieu of Foreclosure, or Judgment?


This would include such loans as home mortgage loans, home improvement loans, educational loans, manufactured (mobile) home loans, SBA Loans, any mortgage, financial obligation, bond, or loan guarantee. If "Yes," provide details, including date, name and address of Lender, FHA or VA Case Number (if any), and reasons for the action.

Question F:
Are you presently Delinquent or in Default on any Federal Debt or any other Loan Mortgage, Financial Obligation, Bond, or Loan Guarantee?


If "Yes", please give details as described in the preceding question.

Question G:
Are you obligated to pay Alimony, Child Support, or Separate Maintenance
Question H:
Is any part of the Down Payment borrowed?
Question I:
Are you a Co-Maker or Endorser on a Note?
Question J:
Are you a United States Citizen?
Question K:
Are you a Permanent Resident Alien?
Question L:
Do you intend to occupy the Property as your Primary Residence?

If "Yes", please complete Question M.
Question M:
Have you had an Ownership Interest in a Property in the last 3 Years?

Continuation Sheet for Loan Application

Use this Continuation Sheet for any additional information, including explanations regarding questions answered with "Yes".

Authorization

DISCLAIMER

No part of the Loan proceeds are intended to be or shall be used for a non-business (e.g. consumer or residential) purpose. By selecting this checkbox and clicking Submit, you agree to the terms and conditions of CASCO financial, including the conditions of this particular disclaimer.

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