| VII. DETAILS OF TRANSACTION |
VIII.
DECLARATIONS |
| a.
Purchase Price |
$ |
| b.
Alterations, improvements, repairs |
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| c. Land
(if acquired separately) |
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| d.
Refinance (incl. debts to be paid off) |
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| e.
Estimated prepaid items |
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| f.
Estimated closing costs |
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| g. PMI,
MIP, Funding Fee |
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| h.
Discount (if Borrower will pay) |
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| i.
Total costs (add items a through h) |
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| j.
Subordinate financing |
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| k.
Borrower's closing costs paid by seller |
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l. Other
Credits (explain)
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m. Loan
amount
(exclude PMI, MIP, Funding
Fee financed ) |
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| n. PMI,
MIP, Funding Fee financed |
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| o. Loan
amount (add m & n) |
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| p. Cash
from/to Borrower (subtract j, k, l & o from i) |
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If you answer "yes" to any
questions a through i, please use continuation sheet for
explanation. |
Borrower |
Co-Borrower |
|
Yes |
No |
Yes |
No |
| a. Are there any outstanding
judgments against you? |
 |
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| b. Have you been declared
bankruptcy within the past 7 years? |
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| c. Have you had property
foreclosed upon or given title or deed in lieu thereof in the last 7
years? |
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| d. Are you a party to a
lawsuit? |
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| e. Have you directly or indirectly been
obligated on any loan which resulted in foreclosure, transfer of
title in lieu of foreclosure, or judgment? (This would include such
loans as home mortgage loans, SBA loans, home improvement loans,
educational loans, manufactured (mobile) home loans, any mortgage,
financial obligation, bond, or loan guarantee. If "Yes," provide
details, including date, name and address of Lender, FHA or VA case
number, if any, and reasons for the action.) |
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| f. Are you presently
delinquent or in default on any federal debt or any other loan,
mortgage, financial obligation bond, or loan guarantee? If "Yes,"
give details as described in the preceding question. |
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| g. Are you obligated to pay
alimony, child support, or separate maintenance? |
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| h. Is any part of the down
payment borrowed? |
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| i. Are you a co-maker or
endorser on a note? |
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| j. Are you a U.S.
citizen? |
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| k. Are you a permanent
resident alien? |
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l. Do you intend to occupy
the property as your primary residence?
If "Yes," complete
question m below |
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| m. Have you had an ownership
interest in a property in the last 3 years? |
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| (1) What type of property did
you own-principal residence (PR), second home (SH), or investment
property (IP)? |
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| (2) How did you hold title
to the home? Solely by yourself (S), jointly
with your spouse (SP), or jointly with another person (O)? |
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