Mortgage Information Sheet
- Name of the Homeowner(s): ______
- Address of the Property:______
- Original Principal Amount______
- Original Date______
- Outstanding Principal
balance as of ______
- Maturity Date______
- Monthly Principal Pmt.______
(Attach a copy of the first mortgage showing recording information along with a copy of the first mortgage Note. You will need the original Note at the time of loan closing.)
- Is there now or has there ever been a default on this loan? ______
(Attach a complete payment history for this loan)
- Are real estate taxes and insurance escrowed on this loan? ______
- Who currently services the loan?______
- Has anyone else taken a lien on the property? ___If yes, please specify ______
- The property has been appraised by ______to have a market value of ______as of ______(date).
(Attach a copy of the appraisal report)
- Please specify whether there is title insurance or an attorney’s opinion of title for the property. ______. Attach a copy of the title policy or the opinion. If the title insurance policy or opinion does not state that the homeowner has clear title to the property you will need a clear title before the loan can be made.
- Is the property located in a flood plain and if so, is the property appropriately insured? ______Attach a copy of a Standard Flood Hazard Determinationindicating whether or not the property is in a flood hazard area.
- What was the family income at the time your affiliate approved this homeowner to receive this home? ______(Attach a copy of the application form submitted by the homeowner showing your independent verification of their income along with a copy of their federal tax return for the year that they were selected.)
- What company provides the homeowner’s property and liability insurance? ______(Attach documentation showing that the policy is paid/ current)
- Number of Adults (18 or older) in Household ____ Children _____ Ages of the adults ______
- Please answer the following questions for each person in the household:
Ethnicity (select only one) ____ Hispanic or Latino ____ Not Hispanic or Latino
Race (select one or more)Disabled ____ yes ____ no
____ American Indian or Alaska Native
____ Black or African American
____ Native Hawaiian or Other Pacific Islander
____ Other (specify)
Summary of Attachments:
- Copy of recorded first mortgage.
- Copy of promissory note.
- Homeowner payment history for mortgage to be pledged.
- Title opinion or title guaranty
- Copy of the Standard Flood Hazard Determination
- Homeowner application and copies of verification of income documents.
- Homeowner’s property insurance statement showing that it is current.