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1200 COLiNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 466~I-I830 <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-55(7 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY' ~ ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIP.ECTOR <br />Community Development <br />SOUTH BEND HOME IMPROVEMENT PROGRAM <br />Loan Application <br />Applicant's Name Jean A. Troeaer 822 S. 26th Street <br />Name Address <br />South Bend, IN 46615 62 <br />City/State/Zip Age <br />Co-Applicant's Name South Bend, IN <br />Name Address City/State/Zip <br />PLEASE NOTE: Hereafter Individual and joint applicants will be referred to as the "applicant". <br />Age of Dependents: 40 ] 0 _ <br />Total Number of Dependents: 2 <br />PROJECTED LOAN TOTAL <br />Rehabilitation Cost <br />A. Amount for Construction Work $7,115.00 <br />B. Unexpected Costs (10% of line lA) $71 1.50 <br />C. Title Report, Recording Fees <br />Credit Report, Legal Fees, etc. $123.00 <br />2. <br />3. <br />4. <br />D. Amount of Mortgages Being Refinanced <br />E. TOTAL (sum of lines 1 A through 1 D) <br />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 />Line 1 E Minus Line 2C <br />TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) <br />Interest Rate Per Annum 0% Number of Months 60 <br />Monthly Payments of Principal and Interest (Do not round) <br />Age <br />1 E $7,949.50 <br />$3,913.25, <br />2C $3,913.25 <br />3 $4,036.25 <br />$4,050.00 <br />$67.50 <br />Age of Structure Remaining Economic Life "As-Is" Value "After Rehab" Value <br />TOTAL LOAN PAYMENTS <br />1. Total Gross Monthly Income $3,081.07 <br />2. Monthly Housing Expense $870.00 <br />3. Liabilities $226.00 <br />4. Total Monthly Fixed Charges $678.40 <br />5. TOTAL (lines 2, 3 & 4) $1,774.40 <br />Balance (line 1 minus line 5) $1,306.67 <br />COMMUNITY DEVELOPMEN"L ECONOMIC DEVELOPMP.N1' FINANCIAL SC PROGRAM <br />PA4I L.LA C. MF.YER DONALD E. INKS 1Y1rllVAG EM F.NT <br />574/235-')660 57~i/235-9371 EuzAnerH LEONARD <br />FAx: 574/235-9697 574/Z35-9371 <br />