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CALIFORNIA STATEMENT OF INTEREST …

CALIFORNIA STATEMENT OF INTEREST addendum TO residential . mortgage LOAN APPLICATION. Borrower(s): Date: Loan Number: property Address: Broker: Loan Originator: NMLS #: For properties or current residences located in CALIFORNIA : CALIFORNIA law provides registered domestic partners have the same rights, protections, and benefits, and are subject to the same responsibilities, obligations, and duties under law, whether they derive from statutes, administrative regulations, court rules, government policies, common law, or any other provisions or sources of law, as are granted to and imposed upon spouses.

CADOMJ 1005 CALIFORNIA STATEMENT OF INTEREST ADDENDUM TO RESIDENTIAL MORTGAGE LOAN APPLICATION Borrower(s): Date: Loan Number: Property Address:

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Transcription of CALIFORNIA STATEMENT OF INTEREST …

1 CALIFORNIA STATEMENT OF INTEREST addendum TO residential . mortgage LOAN APPLICATION. Borrower(s): Date: Loan Number: property Address: Broker: Loan Originator: NMLS #: For properties or current residences located in CALIFORNIA : CALIFORNIA law provides registered domestic partners have the same rights, protections, and benefits, and are subject to the same responsibilities, obligations, and duties under law, whether they derive from statutes, administrative regulations, court rules, government policies, common law, or any other provisions or sources of law, as are granted to and imposed upon spouses.

2 Consequently, a non-borrowing registered domestic partner or spouse will have an ownership INTEREST in the property of the borrowing registered domestic partner or spouse. This INTEREST would prevent the lender from attaching the entire property securing the loan without the consent of both registered domestic partners or both spouses. Therefore, the lender will require that both registered domestic partners or both spouses sign the deed of trust or other security instrument that secures the loan. BORROWER & CO-BORROWER STATEMENT . Can anyone, other than you, claim a homestead INTEREST , community property INTEREST , survivorship right, any spousal rights, or other INTEREST , in the property that will secure repayment of the loan?

3 Borrower: Co-Borrower: NO YES NO YES. If YES, who may be able to claim such INTEREST ? If YES, who may be able to claim such INTEREST ? Name: Name: _____ _____ _____ _____. Borrower Date Co-Borrower Date CADOMJ 1005.


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