Laserfiche WebLink
1200 CouN"rv-CrrY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOtrrH BEND, 1N DIANA 46601-1830 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMM UNIT' ~ ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />ESFCUTIVL DIP,P~.CTOR <br />Community Development <br />SOUTH BEND HOME IMPROVEMENT PROGRAM <br />Loan Application <br />Applicant's Name Margaret Dudeck 1914 S. Catalpa Avenue South Bend, IN 46613 74 <br />Name Address City/State/Zip Age <br />Co-Applicant's Name South Bend, IN _ <br />Name Address City/State/Zip Age <br />PLEASE NOTE: Hereafter Individual and joint applicants will be referred to as the "applicant". <br />Age of Dependents: _ _ _ Total Number of Dependents: 0 <br />PROJECTED LOAN TOTAL <br />PHONE 574/ 235-)371 <br />FAx 5741235-9021 <br />TDD 574/ 235-5567 <br />]. Rehabilitation Cost <br />A. Amount for Construction Work $18,426.21 <br />B. Unexpected Costs (10% of line lA) $1,842.60 <br />C. Title Report, Recording Fees <br />Credit Report, Legal Fees, etc. $150.00 <br />D. Amount of Mortgages Being Refinanced <br />E. TOTAL (sum of lines 1 A through 1 D) <br />2. Funds to be Furnished From Other Sources <br />A. Grant Funds To Be Furnished (SBHIP grant) <br />B. Other Funds To Be Furnished ( ) <br />C. TOTAL (line 2A+2B) <br />3. Line lE Minus Line 2C <br />4. TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) <br />Interest Rate Per Annum 0% Number of Months 0 <br />Monthly Payments of Principal and Interest (Do not round) <br />1 E $20,418.81 <br />Age of Structure Remaining Economic Life "As-Is" Value <br />$17,000.00 <br />2C $17,000.00 <br />3 $3,418.81 <br />$3,450.00 <br />$0.00 <br />"After Rehab" Value <br />TOTAL LOAN PAYMENTS <br />1. Total Gross Monthly Income $1,883.73 <br />2. Monthly Housing Expense $557.15 <br />3. Liabilities $198.00 <br />4. Total Monthly Fixed Charges $367.62 <br />5. TOTAL (lines 2, 3 & 4) $1,122.77 <br />Balance (line 1 minus line 5) $760.96 <br /> COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br /> PAMELA L. MernR DONALD E. INKS MANAG EMEN"r <br /> 574/235-9660 574/235-9371 ELIZA6GT'H L.e.oNna~ <br /> Fax: 574/ 215 -969 7 574 / 2 3 5 - 9 371 <br />