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1200 COUNTY -CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SouTH BEND, INDIANA 46601 -1830 <br />PHONE 574/235 -9371 <br />FAx 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />Community Development <br />SOUTH BEND HOME IMPROVEMENT PROGRAM <br />Loan Application <br />Applicant's Name Gloria Whittaker 2522 Fredrickson Street South Bend, IN 46628 70 <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 />2. <br />3. <br />4. <br />PROJECTED LOAN TOTAL <br />Rehabilitation Cost <br />A. Amount for Construction Work $16,634.00 <br />B. Unexpected Costs (10% of line 1A) $1,663.00 <br />C. Title Report, Recording Fees <br />Credit Report, Legal Fees, etc. $146.00 <br />D. Amount of Mortgages Being Refinanced <br />E. TOTAL (sum of lines 1A through 1D) <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 1E Minus Line 2C <br />TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) <br />Interest Rate Per Annum 0010 Number of Months 72 <br />Monthly Payments of Principal and Interest (Do not round) <br />1E $18,443.00 <br />$9,148.50 <br />2C $9,148.50 <br />3 $9,294.50 <br />$9,300.00 <br />$129.17 <br />Age of Structure Remaining Economic Life <br />"As -Is" Value "After Rehab" Value <br />TOTAL LOAN PAYMENTS <br />1. Total Gross Monthly Income <br />$2,384.62 <br />2. Monthly Housing Expense <br />$425.89 <br />3. Liabilities <br />$000 <br />4. Total Monthly Fixed Charges <br />$222.50 <br />5. TOTAL (lines 2, 3 & 4) <br />$648.39 <br />Balance (line 1 minus line 5) <br />$1,736.23 <br />COMMUNITY DEVELOPMENT <br />ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. MEYER <br />DONALD E. INKS MANAGEMENT <br />574/235 -9660 <br />574/235 -9371 ELIZABETH LEONARD <br />FAx: 574/235 -9697 <br />574/235 -9371 <br />