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| V. MONTHLY INCOME AND COMBINED HOUSING EXPENSE INFORMATION | ||||||
| Gross Monthly Income | Borrower | Co-Borrower | Total | Combined Monthly Housing Expense | Present | Proposed |
| Base Empl. Income* | $ | $ | $ | Rent | $ | $ |
| Overtime | $ | $ | $ | First Mortgage (P&I) | $ | $ |
| Bonuses | $ | $ | $ | Other Financing (P&I) | $ | $ |
| Commissions | $ | $ | $ | Hazard Insurance | $ | $ |
| Dividends/Interest | $ | $ | $ | Real Estate Taxes | $ | $ |
| Net Rental Income | $ | $ | $ | Mortgage Insurance | $ | $ |
| Other (see ? below) | $ | $ | $ | Homeowner Assn. Dues | $ | $ |
| $ | $ | $ | Other: | $ | $ | |
| Total | $ | $ | $ | Total | $ | $ |
*Self Employed Borrower(s) may be
required to provide additional documentation such as tax returns and financial statements.
? Describe Other Income Notice: Alimony, child support, or separate maintenance
income need not be revealed if the Borrower(B) or Co- Borrower(C) does not choose to have
it considered for repaying this loan.
| B/C | . | Monthly Amount |
| . | . | $ |
| . | . | $ |
| VI. ASSETS AND LIABILITIES | |||||
| This statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co- borrowers if their assets and liabilities are sufficiently joined so that the statement can be meaningfully and fairly presented on a combined basis; otherwise separate Statements and Schedules are required. If the Co- Borrower section was completed about a spouse, this Statement and supporting schedules must be completed about that spouse also. | |||||
Completed  Jointly Not Jointly |
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| ASSETS | Cash or Market Value |
Liabilites and Pledged Assets. List the creditor's name, address and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities which will be satisfied upon sale of real estate owned or upon refinancing of the subject property. | |||
| Cash deposit toward purchase held by: | $ | LIABILITES | Monthly Pmt. & Mos. Left to Pay |
Unpaid Balance |
|
| List checking and savings accounts below | |||||
| Name & Address of Bank, S&L, or
Credit Union |
Name & Address of Company |
$ Pat/Mos. : |
$ - |
||
| Acct. no. | $ | Acct. no. | |||
| Name & Address of Bank, S&L, or
Credit Union : |
Name & Address of Company |
$ Payt./Mos. : |
$ - |
||
| Acct. no. | $ | Acct. no. | |||
| Name & Address of Bank, S&L, or
Credit Union |
Name & Address of Company |
$ Payt./Mos. |
$ |
||
| Acct. no. | $ | Acct. no. | |||
| Name & Address of Bank, S&L, or
Credit Union |
Name & Address of Company |
$ Payt./Mos. |
$ - |
||
| Acct. no. | $ | Acct. no. | |||
| Stocks & Bonds(Company name/
number & description) |
$ |
Name & Address of
Company |
$ Payt./Mos. |
$ |
|
| Acct. no. | $ | Acct. no. | |||
| Life insurance net cash value |
$ |
Name & Address of Company |
$ Payt./Mos. |
$ - |
|
| Face amount $ | $ |
Acct. no. | |||
| Subtotal Liquid Assets | $ |
Name & Address of Company | $ Payt./Mos. | $ |
|
| Real Estate owned enter market value from schedule
or real estate owned, (page 3.) |
$ |
Acct. no. | |||
| Vested interest in retirement fund | $ | Name & Address of Company | $ Payt./Mos. | $ |
|
| Net worth of business(es) owned (attach financial statement) | $ | Acct. no. | |||
| Automobiles owned (make and year) | $ | Alimony/Child Support/Separate Maintenance Payments | $ | $ |
|
| Other Assets (itemize) |
$ |
Job Related Expense (child
care, union dues, etc. ) |
$ | $ |
|
| Total Monthly Payments | $ | $ |
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| Total Assets a. | $ |
Net Worth (a-b) | $ |
Total Liabilities b. | $ |