Countries and Languages
| Countries | Languages |
|---|---|
| USA | English |
Extracted Fields
Basic Information
| Field | Description |
|---|---|
| Date Issued | Date of signing. |
| Applicant 1 | The borrower’s name. |
| Applicant 2 (optional) | The co-borrower’s name (optional field). |
| Sale Price | The sale price of the financed property. |
| Loan Term | The term of the loan. |
| Purpose | The purpose of the loan (purchase, construction, refinancing, etc.). |
| Product | The payment type. |
| Loan Type | The loan type. |
| Loan ID | The loan identifier. |
| Rate Lock | Specifies whether the interest rate is locked. |
Applicant Address
| Field | Description |
|---|---|
| Street | The borrower’s address. |
| City | The borrower’s address. |
| State | The borrower’s address. |
| ZIP Code | The borrower’s address. |
Property Address
| Field | Description |
|---|---|
| Street | The address of the financed property. |
| City | The address of the financed property. |
| State | The address of the financed property. |
| ZIP Code | The address of the financed property. |
Loan Terms
| Field | Description |
|---|---|
| Loan Amount | The total amount of the loan. |
| Loan Amount Can Increase | Specifies whether the loan amount can be increased after registration. |
| Interest Rate | The interest rate. |
| Interest Rate Can Increase | Specifies whether the interest rate can be increased after registration. |
| Monthly Principal & Interest | The monthly payment (both principal and interest). |
| Monthly Principal & Interest Can Increase | Specifies whether the monthly payments can be increased after registration. |
| Prepayment Penalty | Specifies whether there are any prepayment penalties. |
| Balloon Payment | Specifies whether the loan is a balloon payment mortgage. |
Payment Calculation
| Field | Description |
|---|---|
| Years | The period during which the monthly payment size is locked. |
| Principal & Interest | The monthly mortgage payment size (both principal and interest). |
| Mortgage Insurance | The monthly insurance fee. |
| Estimated Escrow | The estimated escrow fee. |
| Estimated Total Monthly Payment | The estimated total monthly payment (Principal & Interest + Mortgage Insurance + Estimated Escrow). |
Taxes and Insurance
| Field | Description |
|---|---|
| Estimated Taxes Insurance & Assessments | The estimated tax and insurance charges. |
| Property Taxes | The property tax. |
| Homeowner’s Insurance Taxes | The homeowner’s insurance tax. |
| Other | Other payments. |
Closing Costs
| Field | Description |
|---|---|
| Estimated Closing Costs | The estimated closing charges. |
| Estimated Cash to Close | The total estimated amount required to close the deal – including the down payment, the deposit, and other charges (the sum of all fields in the Calculating Cash to Close group). |
Loan Costs
Section A - Origination Charges
| Field | Description |
|---|---|
| Section A - Origination Charges - Total | Section A: Registration fees. |
| Section A - % of Loan Amount (Points) | Section A: Registration fees. |
| Section A - Underwriting Fee | Section A: Registration fees. |
Section B - Services You Cannot Shop for
| Field | Description |
|---|---|
| Section B - Services You Cannot Shop for - Total | Section B: Fees charged by third parties selected exclusively by the lender. |
| Section B - Appraisal Fee | Section B: Fees charged by third parties selected exclusively by the lender. |
| Section B - Credit Report Fee | Section B: Fees charged by third parties selected exclusively by the lender. |
Section C and D
| Field | Description |
|---|---|
| Section C - Services You Can Shop for | Section C: Fees charged by third parties that can be selected by the borrower. |
| Section D - Total Loan Costs (A+B+C) | The total combined fees for sections A, B, and C. |
Other Costs
| Field | Description |
|---|---|
| Section E - Taxes and Other Government Fees - Total | Other fees (taxes, insurance charges, etc.). |
| Section E - Recording Fees and Other Taxes | Other fees (taxes, insurance charges, etc.). |
| Section E - Transfer Taxes | Other fees (taxes, insurance charges, etc.). |
| Section F - Prepaids - Total | Other fees (taxes, insurance charges, etc.). |
| Section F - Homeowner’s Insurance Premium | Other fees (taxes, insurance charges, etc.). |
| Section F - Mortgage Insurance Premium | Other fees (taxes, insurance charges, etc.). |
| Section F - Prepaid Interest | Other fees (taxes, insurance charges, etc.). |
| Section F - Property Taxes | Other fees (taxes, insurance charges, etc.). |
| Section G - Initial Escrow Payment at Closing - Total | Other fees (taxes, insurance charges, etc.). |
| Section G - Homeowner’s Insurance | Other fees (taxes, insurance charges, etc.). |
| Section G - Mortgage Insurance | Other fees (taxes, insurance charges, etc.). |
| Section G - Property Tax | Other fees (taxes, insurance charges, etc.). |
| Section H - Other - Total | Other fees (taxes, insurance charges, etc.). |
| Section I - Total Other Costs (E+F+G+H) | Other fees (taxes, insurance charges, etc.). |
| Section J - Total Closing Costs - Total | Other fees (taxes, insurance charges, etc.). |
| Section J - D+I | Other fees (taxes, insurance charges, etc.). |
| Section J - Lender Credits | Other fees (taxes, insurance charges, etc.). |
Calculating Cash to Close
| Field | Description |
|---|---|
| Total Closing Costs (J) | A detailed list of closing fees. |
| Estimated Closing Costs Financed | A detailed list of closing fees. |
| Down Payment or Funds from Borrower | A detailed list of closing fees. |
| Deposit | A detailed list of closing fees. |
| Funds for Borrower | A detailed list of closing fees. |
| Seller Credits | A detailed list of closing fees. |
| Adjustments and Other Credits | A detailed list of closing fees. |
| Estimated Cash to Close | The estimated total closing fee. |
Additional Information
| Field | Description |
|---|---|
| Loan Officer | The name of the lender’s loan officer. |
Comparisons
| Field | Description |
|---|---|
| In 5 Years - Total | The total amount that is estimated to be paid after 5 years (including interest, insurance, and other monthly fees). |
| In 5 Years - Principal | The total amount that is estimated to be paid towards the original loan amount (i.e., excluding interest payments). |
| Annual Percentage Rate (APR) | The total annual amount of interest paid – interest payments, taxes, and other fees (i.e., excluding principal payments). |
| Total Interest Percentage (TIP) | The total amount of interest estimated to be paid by the borrower over the term of the loan. |
Key Fields
- Date Issued
- Applicant 1
- Loan ID
- Loan Amount