Rural development organization application form

II. Property Information and Purpose of Loan

Fld Name /
Item No.

Instruction

Subject Property Address

Enter the address of the property to be purchased or repaired, if known.

Legal Description of Subject Property

Enter the year built, if known.

Purpose of Loan

Mark the "Purchase" block, or if there is a contract to build a home, mark the "Construction" block.

For repair loans, the "Other" block should be marked and repairs listed as the explanation.

Property will be

Place a check mark in the "Primary Residence" block.

Complete this line if construction or construction-permanent loan

Leave this section blank.

Complete this line if this is a refinance loan

Leave this section blank.

Title will be held in what Name(s)

Enter name of the applicants.

Manner in which Title will be held

Estate will be held

Source of Down Payment, Settlement Charges and/or Subordinate Financing

Sections III through X and Continuation

Fld Name /
Item No.

Instruction

Complete with requested information. Information must be provided for all applicants.

If the applicants are married, all dependents living in the household should be listed in the "Applicant #1" section.

If the applicants are not married, list dependents as appropriate. The names and ages of the dependents can be listed separately or in the "Continuation Section" on page 5.

Complete with requested information. Information must be provided for all applicants. Employment information for any other adults in the household should be provided in the "Continuation Section" on page 5.

Complete with requested information. Agency regulations require the disclosure of all household income including alimony, child support, and separate maintenance income in order to determine eligibility for payment assistance.

Complete with requested information. List assets for applicant(s). If an asset belongs to only one of the applicants, identify who it belongs to by an A1 for Applicant #1 or an A2 for Applicant #2.

List liabilities for the applicant(s). If a liability belongs to only one of the applicants, identify who it belongs to by an A1 for Applicant #1 or an A2 for Applicant #2.

If there are no assets or liabilities, indicate none.

Leave section blank.

Complete with requested information. All "yes" answers to questions a. through j. require an explanation in the "Continuation Section" on page 5.

Complete with requested information.

Complete with requested information. The "To be Completed by Interviewer" portion is completed by the RHS staff.

Continuation For/Residential Loan Application

Complete with requested information if additional information was requested in previous section(s).

Additional Information Required for RHS Assistance

Fld Name /
Item No.

Instruction

Leave blank.

Complete with requested information.

Complete with requested information for all members of the household regardless of age.

Complete with requested information.

Characteristics of Present Housing

Complete with requested information.