PERSONAL LINE OF CREDIT PRE-APPROVAL FORM
BROKER:
Provide form to client and have client complete information requested and return
with placement fee of $1,000 for guaranteed approval, application fee + credit
report fee = $680 + $1,000 = $1,680 total due plus 6.9% funding amount
requested. Return Cashier’s Check by overnight mail to corporate funding
office with a copy of client's personal credit report.
(If client's Personal
Fico Score is lower than 650, please include the service fee required.)
Client credit report must be attached.
Total Due: $1,680.00 + 6.9% Agency Fee of Total Funded Amount.
REFERRED BY:
______________________________________
CLIENT NAME: _____________________________________________________
(Attach a
ENLARGED copy
of client’s Social Security Card and Driver’s License.)
ADDRESS: _________________________________________
(No
P.O. Boxes please. Must be a physical address or address where financing
property is located.)
CITY, STATE, ZIP CODE: _________________________________________
SOCIAL SECURITY #: ___________________ DATE OF BIRTH: _________
MOTHER’S MAIDEN NAME: ________________________________
TEL #: ____________ (OFFICE) TEL #: _________________
(FAX)
TEL #: _____________ (HOME) TEL #: ________________
(CELL)
EMAIL ADDRESS: ________________________________
(Required)
Original Mortgage #1:
$ _________ Mortgage Balance: $ __________
*(Purchase Price)
APPRAISAL VALUE OF PROPERTY:
$________________
(New or Existing Mortgage)
AMOUNT REQUESTED: $_____________ (or provide Refinance Amount)
CASHOUT AMOUNT: $ __________________ (Amount you want in cash.)
ADDRESS OF PROPERTY: _______________________________
CITY, STATE, ZIP CODE: _______________________________
WE CAN EXPECT YOUR PAYMENT BY:
_______________________
(Please
list the date your payment will arrive and your payment method below.)
□
CASHIER’S CHECK
□
MONEY ORDER
□
CHECK (Personal/Business)
□
CREDIT CARD
__BY FAX __
BY MAIL __EMAIL (If by email, provide address above.)
□
ONLINE PAYMENT BY PAYPAL - BILL MY EMAIL ADDRESS BELOW.
Email Address For Billing Purposes:
________________________________________________
HOW WILL YOU BE SENDING YOUR PAYMENT?
□
FEDEX – NEXT DAY
□
FEDEX – 2-DAY
□
UPS – NEXT DAY
□
DHL EXPRESS
□
U.S.P.S. EXPRESS MAIL
□
PRIORITY MAIL
□
REGULAR/STANDARD MAIL
* We
process all overnight/next day morning deliveries fastest and in the order
in which they are received. If you are in a hurry for funding, we recommend
your
sending overnight next day delivery. Please fax a copy of your airbill and
payment
to us so we can process your new account immediately. Fax to: 1-866-784-7842.
CLIENT AGREEMENT AND CERTIFICATION
Client/Applicant understands that he/she is receiving this form in order to
process funding requests through Artistic! Capital Corporation’s placement
service and in order to process this request applicant must meet minimum
requirements of pre-approval by qualifying with a minimum Fico Score of 680 or
higher, pay its application and credit report fee, and agency processing fee of
$1,000 if personal fico score is lower than the minimum required to submit this
request. Total amount due to process this request is $1,680.00 which is
non-refundable upon receipt plus 6.9% of the total funded amount being
requested. All rates, fees, charges and/or any closing costs incurring upon
final approval shall be at the direct lender’s discretion as assigned to this
application by Artistic! Capital Corporation. Client/Applicant confirms that
he/she is the individual who holds the social security number and date of birth
as noted on this application and that he/she has not provided any falsified
information in order for this application to be considered favorably.
Execution of this form is a guarantee of approval providing
Client/Applicant has met all minimum requirements of pre-approval as outlined
and has provided its processing fee by Cashier’s Check, Money Order, and/or Bank
Wire Transfer to Artistic! Capital Corporation. Final decision and closing
information will be provided by Artistic! Capital Corporation’s Funding
Placement Office, who will contact Client(s) and/or Applicant(s) within 24-48
hours from the date this application has been pre-approved with appropriate
signature documents that must be Notarized by Client and returned by overnight
delivery to the corporate funding office outlined at the end of this
application. Client(s) and/or Applicant(s) who are awarded funds at time of
closing and/or upon designation by any direct lender financing this request
agrees to pay to agency 12.5% of the total amount secured to Client(s) and/or
Applicant(s) when received by its direct lender. Client/Applicant agrees to pay
to agency, Artistic! Capital Corporation a nominal fee of 12.5% for the total
amount he/she receives in cash, line of credit checks, access cards, bank wire
transfer, direct deposit, and/or all other methods to include funds being paid
to Client from any direct lender funding this request when submitted by
Artistic! Capital Corporation. Client/Applicant understands that he/she will be
required to return a Cashier’s Check and/or Bank Wire Transfer to Artistic!
Capital Corporation’s corporate offices upon receiving any funds at time of
approval, and no later than 24-48 hours from the date in which funds were
released, paid, forwarded, and/or disbursed to Client/Applicant from any
lender. Client/Applicant signature below authorizes Artistic! Capital
Corporation, its officer’s, assigns, affiliates, and/or legal department to make
any direct and/or indirect means to collect all monies due should
Client/Applicant default in any way upon receiving its funds from any direct
lender at time of closing. Client/Applicant understands that a Late Fee of
$150.00 per day will be charged to Client/Applicant should he/she fail to pay
agency’s 12.5% agency fee when billed directly and/or Invoiced by Artistic!
Capital Corporation and its Accounting Office. Client/Applicant understands
that a Cancellation Fee of $1,000.00 will also be charged to Client/Applicant
immediately upon default and all collection fees, attorney fees, court fees, and
etc. shall be charged to the Client/Applicant immediately upon default at any
time. Client/Applicant agrees to provide to Artistic! Capital Corporation a
copy of its personal or business check VOIDED in the case of default, and
authorizes Artistic! Capital Corporation, its assigns, assessors, and/or
officer’s to make debit entries into its personal or business checking account
provided in order to secure any and/or all amounts owing agency (to also
include collection fees, attorney fees, late fees, service fees, due diligence
and account activation fees) at time of default or if Client/Applicant’s
payment has not been received in a timely manner upon invoicing by Artistic!
Capital Corporation.
Client/Applicant’s signature below authorizes agency, its referrals, agents, and
affiliates to review its personal credit history to determine the minimum
qualifying Fico Score required to meet pre-approval
guidelines. When met, Artistic! Capital Corporation will forward request for
approval and funding disbursement to its affiliated lender immediately for
processing. All funding approvals shall commence within Twenty-One to Thirty
(21-30) business days from the date Client’s/Applicant’s application or
pre-approval form has been received. All other processing requirements and/or
documentation requested will be at the request of the direct lender making the
approval to the Client or Applicant, and Client/Applicant shall be immediately
notified by direct lender should any additional information be required to
complete final approval. Unless otherwise noted, Client/Applicant agrees to
hold Artistic! Capital Corporation, its assigns, officers, agents,
representatives, consultants, and affiliates harmless for any declinations
received should direct lender determine that an approval cannot be met. If for
any reason a declination is extended, Artistic! Capital Corporation shall make
all necessary means to fund client immediately through a personal guarantor of
the Client/Applicant’s or any other resource available to agency at time of
declination. Client/Applicant agrees to provide any and/or all information as
requested in order to facilitate the processing and approval of its funding
request to direct lender should a declination be offered at anytime when
pre-approval or loan request has been submitted.
Client/Applicant agrees to abide by the terms and conditions as so stated and
has acknowledged acceptance by placing his/her signature below.
________________________________________________
___________________________
CLIENT/APPLICANT SIGNATURE DATE
Social Security #: _________________________________ Date Of Birth:
____________________
RETURN WITH PAYMENT & VOIDED CHECK TO:
(Overnight,
Express, Priority Mail Only!!)
ARTISTIC! CAPITAL CORPORATION
1940 DEER PARK AVENUE, SUITE #254
DEER PARK,
NY
11729
ATTN: FUNDING OFFICE
* VOIDED CHECK OF
APPLICANT’S MUST BE ATTACHED TO THIS PRE-APPROVAL IN ORDER TO EXPEDITE
APPLICATION FUNDING REQUEST. IF NOT PROVIDED, CLIENT MUST IMMEDIATELY SEND A
VOIDED CHECK
BY FAX TO CORPORATE OFFICES BEFORE THIS APPLICATION AND LOAN REQUEST CAN BE
PROCESSED. FAX
VOIDED CHECK TO: 1-866-RTISTIC! (1-866-784-7842) 24 hours per day, 7 days per
week. If faxline is busy, use fax #:
1-888-886-0058. Out-of-State Clients may have to dial *82 before the fax number
in order to transmit properly.