Mortgage Application Package

Thank you for applying to Commonwealth Bank for your residential mortgage loan


The application is interactive and can be completed on-line but the data will not be saved. You will need to print application prior to leaving the page or print a blank application. Complete the residential loan application; date and sign it. There are two signatures required; pages 4 & 5 and a third on top of page one if you are applying for joint credit.

  • The Required Documentation provides for a list of items you will need to submit with the application.
  • Please review the Important Disclosures and Borrower’s Certification & Authorization; each requires a signature and to be submitted with the application.
  • Return the completed application to the Bank, along with the disclosures and all applicable documentation from the enclosed Required Documentation list.
  • A Loan Estimate (LE) and other disclosures will be provided to you after the Bank receives the completed application. Please review the LE and disclosures carefully. A loan officer can answer any questions you may have.

Application


Application – Complete on-line then print
Required Documentation – (Information)
Authorization – (Requires signature)
Important Disclosures – (Requires signature)
Home Loan Toolkit – A step-by-step guide

CHARM Consumer Handbook on Adjustable Rate Mortgages – (Information)

After you have carefully review the disclosures, sign each and return to the Bank along with the appropriate fees listed below.


APPLICATION FEE:  $150
PROPERTY: $350 for a single-family residence valued up to $1 Mil
APPRAISAL FEE: $450 for a single-family residence valued over $1 Mil

$550 for a 2-4 family residence

These fees are to be paid after you have received the Loan Estimate> Please do not send with the application package.

If you have any questions regarding the application process, or wish to make an appointment, please call our mortgage department at 617-364-6000.

Contact our loan department at 617-364-6000 or email wsmith@commonwealthcoop.com if you need any assistance in completing the application. Once you have completed the application and gathered the required documentation, please submit the application, signed disclosures, and required documentation. You can mail or drop off the package at one of our convenient locations listed below.

1172 River Street. Hyde Park MA  02136
3815 Washington Street, Jamaica Plain MA  02130
25 Court Street, Boston MA  02108
617-364-6000
commonwealthcoop.com
CCB NMLS#756076