Instructions for completing loan application
1. Complete and sign 3 or 4 page residential loan application Form 1003 and attached loan info sheet, credit authorization and fair lending notice. Page 4 of the application is a continuation page in case you need additional space for your assets or liabilities. If you make a mistake while filling out the application cross it out, and make a change. Do NOT use white out.
2. If you are salaried: provide two years W-2 and one month of paystubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
3. If you own rental property, please provide rental agreements and two years tax returns.
4. Please provide a copy of the note on your 1st mortgage. This will normally be found in your closing loan documents.
5. Please provide a signed letter explaining what you plan to do with the proceeds.
6. Provide copy of divorce decree if applicable.
7. If you are NOT a US citizen provide us with a copy of your green card (front & back), or if you are NOT a permanent resident provide us with your H-1 or L-1 visa.
Preferred Empire Mortgage Company
  200 Broadhollow Road, Ste. 300
Melville, NY 11747
Toll Free: 1-888-750-7770
Phone: 631-547-5151
Fax: 631-547-5478
205 East 42nd Street, 6th Floor
New York, NY 10017
Toll Free: 1-866-666-PEMC
Phone: 212-692-8402
Fax: 212-922-8711
 
Over 55 locations in the New York Metropolitan Area
info@pemconline.com
Registered Mortgage Broker/NYS Banking Dept. All loans arranged through third party providers.
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