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What information will be needed for the application (and how it's kept private)
Anything you submit over our website is 100 percent, fully secure. And we never, ever share it with anyone except by permission -- that is, if you're giving us information you want us to use to get you the best loan, we use that information to tell mortgage lenders about you and convince them to loan you money. In turn, those mortgage lenders are bound by federal law to keep your information secure.
Here is a list of the information mortgage lenders will use to consider your loan application. (You may not need to provide this information if you qualify for a stated, low or no documentation loan. In this case, please consult with your loan officer.)
Social Security Number, for borrower and co-borrower if any
Employment History For the last two years, employment dates, addresses, salary. Current pay stubs or W-2 forms.
Check and Savings Accounts and Certificates of Deposit Location of bank accounts, account numbers and balances; Address of bank if out of town Last 3 months' statements
Stocks, Bonds, and Investment Accounts Broker's name and address, description of stocks, bonds, etc. Last 3 months' statements or copies of stock certificates
Life Insurance Policies Insurance company, policy number, face amount, cash value, if any
Retirement Plan Approximate vested interest value Copy of latest statement
Automobiles Make and model of automobiles, their resale value
Other Assets Market value of personal and household property
Liabilities and Other Non-Mortgage Debt Creditors names, addresses, account numbers Monthly payments and balances
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Other income information you may need |
If you're self-employed Two years tax returns, profit and loss statements, both company and personal if separate. Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.
If you have income from: Commission Overtime Bonus Partnership Rental Property Trust Notes Receivable Interest/Dividends You'll need two years' personal federal tax returns
If employed in family business Personal federal income tax returns and all schedules for the past two years
If divorced or separated Complete executed divorce decree and settlement agreement Payment history of alimony/child support over the past 12 months, if it is a financial obligation. If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.
Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances
If you've sold your home but not closed: A copy of the sales contract
If you've sold your home, closed, and you will use the proceeds for your new down payment: A copy of the HUD-1 Uniform Settlement Statement
Name, address and phone number of landlords for the past 24 months
Purchase sales contract or offer to purchase and all addenda Furnish contract with original signatures of buyer and seller
If a source of your down payment is a gift: Name, address and relationship of donor. Gift funds will be verified in both the donor and recipient's accounts. Note: Not all loan programs allow gifts to be part of your down payment.
For FHA Financing Evidence of Social Security Number and photo identification
For VA Financing DD214 and Certificate of Eligibility
For Construction/Perm Loan Signed construction with cost breakdown, builder plan and specifications
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Ameritex Mortgage, DBA of Network Funding, LP NMLS #2297
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NETWORK FUNDING, LP NMLS #2297 COMPLAINTS REGARDING MORTGAGE BANKERS SHOULD BE SENT TO :
THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
2601 NORTH LAMAR SUITE 201
AUSTIN, TX 78705
A TOLL FREE CONSUMER HOTLINE IS AVAILABLE : 877-276-5550
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEB SITE AT WWW.SML.TEXAS.GOV
Loan Originators Texas License Information
Bryan Ely #241512, Michael Morabeto #224805, Cassandra Van Atten #271159, Darlene Porter #239841, Edwin Harris #231785, Greg Walsh #273411, Heriberito (Eddie) Garcia #239099, Maria Hernandez #314733, Randy Ikert # 210883, Lydia Saldivar #308208, Greg Damman #500418, Don Maples #265189,
Privacy Policy
Ameritex Mortgage is committed to protecting the privacy of our visitor's personally identifiable information. To better protect your privacy, we provide this notice explaining our online information practices and the choices you can make about the way your information is used at our site.
What Information We Collect and How We Use It
Personally Identifiable Information
When you place an order for products, information or services we collect certain types of personally identifiable information including (1) contact information, such as name, address, e-mail address, and telephone number; (2) credit card and ID verification information, such as credit card number.
We use this information to process requests for products and services. We also use collected information to communicate with you, such as to notify you (through e-mails and newsletters) about updates to products, to send you order confirmations, or to provide you with important product warranty or safety information.
In addition, we use contact information you provide to respond to your inquiries about our offerings, and to offer you, by means of e-mail or through our newsletter, additional products, programs or services that we believe may be of interest to you.
Supplementation of Information
We may, from time to time, supplement the information we collect online with outside records (e.g., information from our Strategic Partners or from wireless providers) to enhance our ability to serve you, to tailor our content to you, and to offer you opportunities to purchase products or services that we believe may be of interest to you.
Sharing of Your information
Agents and contractors who have access to personally identifiable information are required to protect it in a manner that is consistent with this Privacy Notice by, for example, not using the information for any purpose other than to carry out the services they are performing.
In addition, if you access Ameritex Mortgage through a third-party site, such as one of our Strategic Partners' sites, we also may need to report certain personally identifiable information (e.g., name and e-mail address) back to that Web site. As we explain further below in the section that follows, we will tell you at the point of collection if we will share personally identifiable information with the Strategic Partner through which you access the digital productions service.
By visiting our site and/or buying products and/or services on our site, you are accepting the practices described in this Privacy Policy and expressly agreeing to accept offers from us, our customers, and/or any third party to whom we may resell or share your information. The 3rd parties to whom we might resell or share this information include both individuals and companies engaged in the sales, marketing, advertising, and publishing industries for various products and services, as well as our shippers, carries, licensors, and/or business partners.
Our Collection of Personally Identifiable Information Through a Third-party Web Site
To provide you with content and service, we have relationships with many of the best service and content companies. As a result of these relationships, you can access Digital Productions through a third-party Web site.
Whenever you provide registration information on a co-branded page, that data may be shared with the third-party site through which you access Ameritex Mortgage. We encourage you to read the privacy policies of such third parties, as this Notice does not cover their use of information Non-Personally Identifiable Information We may collect certain non-personally identifiable information about our visitors when you visit many of our Web pages such as the type of browser you are using (e.g., Netscape, Internet Explorer), the type of operating system you are using, (e.g., Windows '98 or Mac OS) and the domain name of your Internet service provider (e.g., America Online, Earthlink). We use the non-personally identifiable information that we collect to improve the design and content of our service pages and to enable us to personalize your Internet experience. We also may use this information in the aggregate to analyze service usage.
Legal Process/Disclaimer
We may disclose personally identifiable information in response to legal process or when we believe in good faith that the law requires it, for example, in response to a court order, subpoena or a law enforcement agency's request
Choices/Opt Out
If you prefer not to receive marketing information or wish to fully deactivate your account information from us, simply let us know by sending a letter via certified mail to:
Ameritex Mortgage
1111 W. Mockingbird Lane #810
Dallas, TX 75247
Please note that even if you chose to opt out we will may continue to send you important service-related communications (e.g., order confirmation or product safety information). However, these are not promotional in nature.
Cookies
To enhance your experience with our site, we use 'cookies.' Cookies are used by your computer's browser to store your preferences. We use both session and persistent cookies. Cookies, by themselves, do not tell us your e-mail address or other personally identifiable information unless you choose to provide this information to us by, for example, registering at one of our sites. We use cookies to understand site usage and to improve the content and offerings on our sites. If you set your browser not to accept cookies, you will still be able to use our site.
Links
In addition, our site contains links to other Web sites whose information practices may be different than ours. Our privacy policy does not cover these third parties' use of information. Visitors should consult the other companies' and sites' privacy notices as we have no control over information that is submitted to, or collected by, these third parties.
Security
We have put in place appropriate physical, electronic, and managerial procedures to safeguard and help prevent unauthorized access, maintain data security, and correctly use the information we collect online.
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