EverFixed and/or EverFlex
Title Requirements:
Ownership by Individuals
· Primary applicantOne or more applicants:
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Applicant or Applicants must be on the
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o Must submit credit application and must pass credit if only applicant
o Must be on the agreement
· Non-title applicant:
o Does not need to be on the title
o Must submit a credit application
o Must be on the agreement
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Home’s Title.
If a co-applicant in the agreement is needed; it will be required that both (Primary and Secondary) are registered in the Title of this property (We will not allow a Co-Signer that is not in Title).
We will not accept a Credit application with someone that is not in the Title of the property, meaning that either the Applicant or Applicants must be on he Credit Application too
The exact name(s) from the title must be on the homeowner agreement and
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must be
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executor(s) of the agreement
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.
Ownership by Trust
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At least one trustee must reside in the property and
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sign the agreement.
The exact name of the trustee as listed on the trust agreement must be on the
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EverFixed and/or EverFlex agreement.
Additional documents required:
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pages of the document/trust
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which shows the full name of the trust, all trustees,
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the date of formation of the trust
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, and the signature page of the trust.
Ownership by LLC, S Corp, and C Corp
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A director or officer of the entity must reside in the property and must
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o Exact name of the trustee must be on the homeowner agreement and director or officer must be executor of agreement
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be an executor of the agreement.
One or more applicants must pass credit requirements and sign the agreement.
Additional documentation required:
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business formation documents showing all officers and directors of the entity
...
Ownership by Individuals
Primary applicant:
o Must be an individual on the title
o Must pass credit requirements
o Must be on the agreement
Non-title applicants are allowed
Exact name from , and the signature page of the business formation documentation.
EverOwn
Title Requirements:
Applicant or Applicants must be on the Home’s Title.
If a co-applicant in the agreement is needed; it will be required that both (Primary and Secondary) are registered in the Title of this property (We will not allow a Co-Signer that is not in Title).
We will not accept a Credit application with someone that is not in the Title of the property, meaning that either the Applicant or Applicants must be on he Credit Application too
The exact name(s) from the title must be on the homeowner agreement and must be an executor(s) of the agreement.
Ownership by Trust
Trustee At least one trustee must reside in the property
Pass credit requirements
Exact name must be on the homeowner agreement and trustee must be an executor
...
and sign the agreement.
The exact name of the trustee as listed on the trust agreement must be on the EverOwn agreement
Additional documents required: pages of the document/trust which shows the full name of the trust, all trustees,
...
the date of formation of the trust, and the signature page of the trust.
Ownership by LLC, S Corp, and C Corp
Director A director or officer of the entity must reside in the property and must be an executor of the agreement.
Must One or more applicants must pass credit requirements and sign the agreement.
Additional documentation required: business formation documents showing all officers and directors of the entity, and the signature page of the business formation documentation.