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Purchase Application Summary

Building Information

Summary Information for:

OCCUPANCY

PURCHASE PRICE AND FINANCING

Applicant Name

Application Party

Requested Move-in Date

Occupancy?

Will You Lease the Unit?

Do You Have Pets?

Percentage Financed

CREDIT

Applicant Name

Application Party

FICO Score

Criminal Check

Sex Offender Check

PERSONAL INFORMATION SUMMARY

Applicant Name

Application Party

Employment Status

Self Employed

Current Employer

Job Title

Years of Experience

Education

Last School Attended

Graduated

Convicted of Felony

U.S. Citizen

MONTHLY INCOME AND EXPENSE AFTER CLOSING

Applicant Name

Total Income

Total Expenses

Net Profit (Loss)

Combined Annual Income

ASSETS AND LIABILITIES

Applicant Name

Total Assets

Total Liabilities

Net Worth

Processor Review and Evaluation
The processor has evaluated information entered by the applicant, any co-applicant(s) and guarantor(s) (parties) and has determined whether that information accurately reflects the financial condition of the parties. The processor has entered the results of that evaluation in the appropriate fields in the column titled "Processor Review and Evaluation". If the processor agrees with the amounts submitted by the parties the amounts will match those shown in the "Combined Monthly Income and Payments Submitted by Applicant(s)" column. If the processor does not agree the amounts will not match and the processor has explained any differences in the "Application Notes" section below.

Combined Monthly Income and Payments Submitted by Applicant(s)

Processor Review and Evaluation Results

FN

Monthly Income

Monthly Income

Monthly Maintenance

Monthly Maintenance

Monthly Mortgage

Monthly Mortgage

Other Loans

Other Loans

Hazard Insurance

Hazard Insurance

R E Taxes

R E Taxes

Other Expenses

Other Expenses (A)

Total Monthly Payments

Total Monthly Payments

Expenses to Income %

Expenses to Income %

The payments in the Combined Monthly Income

Detail of Other Expenses

FN

and Payments column are summarized and

Credit Card Payments

combined from the "Proposed" expenses from

Student Loans

the individual Financial Statements submitted by

Alimony

the applicant(s) and guarantor(s), if any.

Auto Loans

 

Monthly Assessment

 

Other (Explain in Notes)

 

Total Other Expenses (A)

FN = Footnote. Used to reference explanations in the APPLICATION NOTES Section below.

Application Notes

This application has been compiled from materials provided by the applicant, who is solely responsible for their accuracy and completeness. New Bedford Management Corp. and its agents assume no responsibility for, and offer no opinion or any other form of assurance with respect to, the contents herein.

Reviewed by

Telephone

 
x

Signed on:

Please submit approval or rejection letter to the following:

If none of the contact information has been entered for the above parties send the appropriate letter directly to the applicant and the unit owner.