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6.B.(1) Loan & Grant
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6.B.(1) Loan & Grant
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10/1/2010 1:36:07 PM
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11/4/2008 4:17:49 PM
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1L000~~ ~~n(.~ r lip u_>r.~~ <br />32'- W. ~rri tHx~~ lip n~. i.!~sna,, <br />\qo i i r Rr,~.,. I ~~ ~,i.~~ a 4(bU I- 10 30 <br />I'i i~ ~~ r i'4/ 2 35-9 31 <br />F~~• 574/Z35-9021 <br />CI)1~ i?4/ 235-5~6? <br />C!i~ car S~x~iE~ Br~u Srr ~ru-n~ J. L~~rrhr_, Tv4,w~~iz <br />COMMUNI"T'Y ~ ECONOMIC DEVELOPMENT <br />Ji.rritty V. Gn;~~et~ <br />I~:~~.x,..~cs ~)ii;,, ,~a <br />Community Development <br />SOUTH BEND HOME IMPROVEMENT PROGRAM <br />Loan Application <br />Applicant's Name Charles P. Wilson 909 Blaine Avenue <br />Name Address <br />South Bend, IN 46616 87 <br />City/State/Zip Age <br />Co-Applicant's Name Esther Jane Wilson 909 Blaine Avenue South Bend, 1N 466]6 80 <br />Name Address Ciry/State/Z,ip Age <br />PLEASE NOTE: Hereafter Individual and joint applicants will be referred to as the "applicant". <br />Age of Dependents: 49 _ _ _ _ Total Number of Dependents: 1 <br />PROJECTED LOAN TOTAL <br />1. Rehabilitation Cost <br />A. Amount for Construction Work $1 1,940.00 <br />B. Unexpected Costs (I 0% of line 1 A) $ 1, 194.00 <br />C. Title Report, Recording Fees <br />Credit Report, Legal Fees, etc. $123.00 <br />D. Amount of Mortgages Being Refinanced <br />E. TOTAL (sum of lines i 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+?B) <br />3. Line 1 E Minus Line 2C <br />4. TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) <br />Interest Rate Per Amium 0% Number of Months 120 <br />Monthly Payments of Principal and Interest (Do not round) <br />Age of Structure Remaining Economic Life "As-Is" Value "After Rehab" <br />TOTAL LOAN PAYMENTS <br />1. Total Gross Monthly Income <br />2. Monthly Housing Expense $445.07 <br />3, Liabilities $25.00 <br />4. Total Monthly Fixed Charges $304.96 <br />5. TOTAL (lines 2, 3 & 4) <br />Balance (line l minus line 5) <br />Coat ~Hin~rn~llnrior.tiin_i Ra~no,~ue[)e~~r_i~~r.wini <br />P ~~iru ('_Nii Brie U~.~~. ~i i~. I' ler.~. <br />PAX: PI/~i4 '1C 47 <br />1 E $13,257.00 <br />$61567.00 <br />2C __ $6,567.00 <br />3 $6,690.00 <br />$6,700.00 <br />_5.83 <br />$3,480.7() _ <br />$775.03 <br />$1,726.95 <br />I~isn.vuni & thax;en.~ <br />?vl nNnc r.a+ i_n~. r <br />I rt~~. ~'~.~ ~Pn~tuh <br />~'-e l _' } 5-93' I <br />
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