Today's Date Name (First Name and Last Name) * SSN# * DOB (mm/dd/yy) * Email Spouse/Co-Applicant (if any) SSN# DOB (Spouse/co-applicant) Street Address * City State Zip Code Daytime Phone Number * Evening Phone Number * Mobile Phone Number Best time to reach you * Are you married? Do you have any children? Do you have any pets? If you checked yes, List and describe your pet(s) How many people will be living in the home with you? Have you or the co-applicant ever owned a home before?
Please Select
Yes
No
* If yes, explain your previous homeownership experience below. Which home(s) are you interesting in? (Please use 'Ctrl' to select multiple homes) If you are not in position to move within the next 90 to 120 days, you may still submit an application. However, please click here now to read about MPI's Home Preparation Program and if interested, please select MPI's Home Preparation Program ( You do not need to complete this application and the application for MPI's Home Preparation Program . Either one is acceptable).
Please Select One or more
604 Jennifer Street (Greensboro)
1608 Kay Street (Greensboro)
2627 Stratford Drive (Greensboro)
6204 Creekbrooke Court (Browns Summit)
5803 Edgebrook Court (Jamestown)
MPI's Homeownership Program
MPI Home Preparation and Customized Search
Other
* Applicant's present employer * How long at the job? Gross Mo. Income (before deductions) Previous Employer (if less than 1 year on current job) How long at the job? Gross Mo. Income (before deductions) Did you (applicant) file tax returns for the last 2 years?
Please Select
Yes
No
Which of the following do you receive from your employer?
Please Select
W2
Form 1099
Form 1099 (self-employed)
Neither
Don't Know
Spouse/Co-Applicant's employer How long at the job? Gross Mo. Income (before deductions) Previous Employer (if less than 1 year on current job) How long at the job? Gross Mo. Income (before deductions) Did co-applicant file tax returns for the last 2 years?
Please Select
Yes
No
Which of the following does the co-applicant receive from their employer?
Please Select
W2
Form 1099
Form 1099 (self-employed)
Neither
Don't Know
Other sources of income Total Annual Household Income * Do you or the co-applicant have an active checking account?
Please Select
Yes
No
* If "no," please explain what is preventing you from having or obtaining an active checking account. Have you or the co-applicant been unemployed at any time within the past 3 years?
Please Select
Yes
No
* If you answered "yes" to the previous question, please explain the circumstances below. Monthly Liability/Debt Section (Please include debts that you and your co-applicant have that are in good standing and show up on your credit report(s). Do not include accounts that have been charged off or accounts that will be paid in full in less than 12 months.) How many credit cards in good standing do you and your co-applicant (if any) have?
0
1
2
3
4+
Total monthly payments of all credit cards What is the total monthly payment for all of your and your co-applicant's installment loans (student loans, vehicle loans, personal or bank loans, or other loans that show up on your personal credit)? What is the monthly total for all other liabilities? (Include child support, alimony, tax payments, or any other debts in this section) Household Budget Section will help us with designing a curriculum that best suits you and your family)
What is your total monthly household take-home income? (Only include income from paychecks of everyone in your household, court-ordered child support, and interest income) * Based on your household income and your expenses, how much money can you commit to saving for yourself and your family each month? (It is important to be very realistic because we are looking to help you achieve your realistic goals) * If you are relocating to the Triad, NC area, please complete the following: New Employer Job Title Projected Annual Income Credit Profile Section - The following section deals with your current credit profile and your current and past rental history. Please answer honestly as it will allow us to help define what homeownership curriculum will be best for you. How would you describe your credit? Which of the following best describes your current credit situation? Please answer honestly as this will help us determine the curriculum that will be best suited for you.
Please select one
I (we) have been paying my bills on-time for at least 9 months with no foreclosures or bankruptcy within the past 18 months
I (we) have been paying my bills on-time for at least 6 months, but less than 9 months, with no foreclosures or bankruptcy within the past 12 months
I (we) have been paying my bills on-time for at least 3 months, but less than 6 months, with no foreclosures or bankruptcy within the past 12 months
Other
* If "other", please describe your credit situation over the past 12 months. Excluding medical collections, what do you estimate to be the total amount of collections, judgments and amount of charged-off accounts that may reflect on your credit report?
Please Select One
Less than $2,500
More than $2,500, but less than $5,000
More than $5,000, but less than $7,500
More than $7,500
* Have you or the co-applicant ever had a foreclosure?
Please Select
Yes
No
If yes, how long ago? Have you or the co-applicant ever had an auto repossession?
Please Select
Yes
No
If yes, how long ago? Have you or the co-applicants ever had a Bankruptcy?
Please Select
Yes
No
If yes, was it a Chapter 7 or Chapter 13?
Please Select
Chapter 7
Chapter 13
If yes, how long ago was your bankruptcy discharged? Present Landlord or mortgage co. Telephone (home) Telephone (work) Monthly Amount of rent currently paid When does your current lease expire? (If month to month, please indicate that) Have you or your co-applicant (if applicable) ever been evicted before?
Please Select
Yes
No
* Asset Section - This section deals with the current savings you may have and your ability to save in the future. Keep in mind, you may qualify for full down payment assistance depending on your application and if you are a first-time homebuyer. If credit were not an issue and you qualified for a quality FHA mortgage today, would you be able to access the required 3.5% down payment of the sales price of the home you are interested in?
Select One
Yes
No
Which of the following best describes the total amount of money that you currently have saved or accumulated in your asset accounts? ( Please include monies in your checking, savings, CDs, mutual funds, or stock accounts. Please include amounts in your 401-K . While we do not require large upfront deposits for our homes, for the purpose of future loan qualification, we will need to verify your assets so please answer honestly .)
Please Select
More than $10K
More than $7,500, but less than $10K
More than $5,000, but less than $7,500
Less than $5,000
* How much down payment are you able to put down TODAY on this home if approved? (To reserve a home, you must be able to submit a down payment that we feel is acceptable to us. Your monthly payment will be determined by this down payment and the quality of your overall application . If you do not have a down payment for a home, don't despair , we urge that you consider our Homeownership Program, which will begin the process of preparing you for homeownership. If this describes you, then just call our offices at 336-852-1532 and schedule your free homeownership consultation)
Select One
Minimum Initial Down Payment
3.5% Down Payment
5% Down Payment
Other
* If you selected less
*If you have Microsoft Excel, Click Here for a Fill-in Form of our BudgetClick Here for a Printed Copy of our Budget
Please continue with your application and complete the budget afterwards and fax back to our confidential fax at 336-217-8799
How much are you able to put down today towards your next home TODAY if we approve you TODAY ? Source of Down Payment (Highlight all that apply)
Select One (Use 'Ctrl' to select all that apply)
Checking Account
Savings Account
401-K
Family
Friend
Other Investments
Other
* Do you currently invest in a 401-K account or a savings account provided to you by your employer or you?
Please Select
Yes
No
If you and/or the co-applicant have a 401-K account, approximately how much do you currently have in the account(s)? Do you currently have a budget that you and your household use to help manage the money that comes in and out of your household?
Please Select
Yes
No
Are you willing to participate in our free financial and personal coaching?
Please Select
Yes
No
If one of our homes is perfect for you and your family, how quickly can you move? * REFERENCES : (Character is the most important criteria MPI uses in qualifying our applicants. Please use the following to list 3 professional references of individuals that can attest to your character. Please do not include family members or close friends. We are looking for work colleagues, church members, work superiors, or others that can provide details into your character, work ethic and stability) Reference #1: Day Phone Number How does this reference know you? Reference #2: Day Phone Number How does this reference know you? Reference #3: Day Phone Number How does this reference know you? Tell us why you feel you are ready to own a home? (Use the following text box to explain to us why we should believe that you are ready for homeownership. Our company believes in helping people achieve the goal of responsible homeownership but it will requires your dedication and cooperation. We do not care about past mistakes, we are just concerned about your commitment to follow our Homeownership curriculum) * HOW DID YOU FIND OUT ABOUT US? By clicking submit below, the applicant and/or co-applicant is declaring that all statements made in this application are true and complete. Applicant and/or co-applicant also acknowledges that MPI and its partners may verify all of the information in this application and obtain any reports necessary to verify accuracy of supplied information above.