HELP! | Assets and Liabilities: |
The
first part of this section will ask about your financial and physical "Assets"
including retirement and other investments. The second section will
ask you questions about your total financial "Liabilities" and obligations.
Simply answer the questions as best you can. If you don't know the
answer to a question or the question doesn't apply to you, leave the field
blank.
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Jointly?
Not Jointly?: |
This
question is asking you to state if the Assets and Liabilities section is
going to be filled out by yourself and your spouse as Borrower and co-Borrower.
If the "Co-Borrower" section was completed about a spouse, this
statement and supporting schedules must be completed about that spouse
also. If so, check the "Jointly" box.
If
you are applying for this loan by yourself, or you and the Co-Borrower
are applying for this loan and are not married, check the "Not
Jointly" box. If you and a Co-Borrower are applying for this
loan and are not married, separate statements and supporting schedules
must be completed. This means you each need to fill out a separate
loan application.
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Cash
deposit
toward purchase held by: |
If
you purchasing a property and have made a cash deposit toward the down
payment for this property, who is holding the deposit? This may be
your real estate broker, a title or escrow company, your attorney, or a
private party, etc. Enter the business name (or personal name if
it is a private party).
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Amount
of deposit: |
Enter
the total dollar amount of your deposit being held by the party named in
the last question (if any).
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