Section 2: Financial Information - Assets and Liabilities

2a. Assets-Bank Accounts, Retirement, and Other Accounts You Have

▪ Enter information about each of your asset accounts, including the current value of each account.

▪ If you have received a gift or grant, and you have deposited it in an account, include it in the Cash or Market Value amount for that account.

▪ Itemize each gift or grant (even if not yet deposited) in Section 4d. Gifts or Grants You May Have Been Given or Will Receive for this Loan.

2b. Other Assets and Credits You Have

Enter:

▪ Other assets not included in the accounts listed in Section 2a that you would like considered in qualifying for the loan. (Note that gifts are not entered in this section but in Section 4d.)

▪ Credits you will receive toward the property purchase.

Credits

Earnest Money Enter this Credit Type and the Cash Value of the deposit submitted with a purchase offer to show that your offer is being made in good faith. Do not enter this credit if the amount of the earnest money is included in an asset account in 2a (for example, in the checking account from which the earnest money check will be drafted).

Employer Assistance

Enter this Credit Type and the Cash Value of funds provided by an employer for the transaction. Do not enter this credit if the funds are already included in a depository account in 2a or entered as a relocation credit, a grant, or a subordinate lien on this transaction.

Lot Equity

Enter this Credit Type and the Market Value of the net equity in the lot (market value less any outstanding liens) for certain unique transactions. Generally, applies when you hold title to the land on which a manufactured home will be permanently attached.

Relocation Funds

Enter this Credit Type and the Cash Value of funds provided by an employer as part of a relocation package. Do not enter this credit if the funds are already included in a depository account in 2a or entered as an employer assistance credit, a grant, or a subordinate lien on this transaction.

Rent Credit

Enter this Credit Type and the Market Value based on the portion of rental payments credited towards his transaction under a documented rental/purchase agreement.

Sweat Equity

Enter this Credit Type and the Cash or Market Value of materials provided for or labor performed on the property, by you or on your behalf, before closing.

Trade Equity

Enter this Credit Type and the Market Value of equity assigned to you if you will trade property with the seller as part of this transaction.

□ Does not apply Select Does not apply and skip to Section 2c. Liabilities-Credit Cards, Other Debts, and Leases that You Owe if you do not have any other assets or credits.

2c. Liabilities-Credit Cards, Other Debts, and Leases that You Owe

▪ Enter the details of all personal debt that you now owe or will owe before this mortgage loan closes, including: debts not listed on your credit report, debts with payments that are currently deferred, and personal debts that will be paid off at or before closing, even if they will be paid off by this mortgage loan.

▪ Do not include household expenses for phones, utilities, or insurance unless instructed to do so by your Lender.

▪ Select Does not apply and skip to Section 2d. Other Liabilities and Expenses if you do not have any personal debt.

2d. Other Liabilities and Expenses

▪ We can help you to determine which job-related expenses you should identify.

▪ Select Does not apply and skip to Section 3a. Property You Own If you do not have any other liabilities or expenses.

Section 1 : Borrower Information Section 2: Financial Information - Assets and Liabilities Section 3: Financial Information - Real Estate Section 4: Loan and Property Information Section 5: Declarations Section 6: Acknowledgements and Agreements Section 7: Military Service Section 8: Demographic Information Section 9: Loan Originator Information