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6.C.(2) SB Home Improvement Loan
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6.C.(2) SB Home Improvement Loan
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10/1/2010 12:55:13 PM
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2/4/2009 9:22:10 AM
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1100 C~n.~ i ~~-Crime' B~~uin•.~ <br />12? V:-'. Ir.:: ~ r~~~~ lii.tricritu <br />Sw ni Iirw.I~n~~,:~ 4(,6(11-If; io <br />I'ii~~~i 5?4i 3.75=7_s,l <br />P~~ 574(Z>5-9021 <br />~I1?f) i?4(_':S>-556' <br />Carr ~~i SU( rti I~r~n Srt i-i-irv J. L(~-rhi, Nl,~i~r~h <br />COMMUNITY ~ ECONOMIC DF,VELOPMENT <br />len~rz~~v v. G,I~,~ty <br />Community Development <br />SOUTH BEND HOME IMPROVEMEN"f PROGRAM <br />Loan Application <br />Applicant's Name Eugene E. Paczkowski 4561 S. Ironwood Road South Bend, 1N 46614 SS <br />Name Address City/State/Zip Age <br />Co-Applicant's Name Marv E. Paczkowski 4561 S. Ironwood Road South Bend, 1N 46614 83 <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 N umber of Dependents: 0 <br />PROJECTED LOAN TOTAL <br />I. Rehabilitation Cost <br />A. Amount for Construction Work _$19,002.09 _ <br />B. Unexpected Costs (10% of line lA) 51.900.00 <br />C. Title Report, Recording Fees <br />Credit Report, Legat Fees, etc. $177.00 <br />D. Amount. of Mortgages Being Refinanced <br />E. TOTAL (sum of lines IA through 1D) IE $21,079.09 <br />2 Funds to be Furnished From Other Sources <br />A. Grant Funds To Be Furnished (SBH1P grant) X17,000.00 <br />B. Other Funds To Be Furnished <br />C. TOTAL {line 2A+2B) 2C $17.000.00 <br />3. Line 1 E Minus Line 2C 3 $4,079.09 <br />4. TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) $4.10D.00 <br />Interest Rate Per Annum 0% Number of Months 0 <br />Monthly Payments of Principal and Interest (Do not round) $0.00 <br />Age of Structure Remaining Economic Life "As-Is' Vatue "After Rehab" Value <br />TOTAL LOAN PAYMENTS <br />1. Total Gross Monthly Income $1 976.69 _ <br />2. Monthly Housing Expense $370.59 <br />3. Liabilities $0.00 <br />4. Tota{ Monthly Fixed Charges $333.60 <br />5. TOTAL (lines 2, 3 & 4) $704.19 <br />Balance (line I minus line 5) $1.272.50 <br /> <br />FI ti,ANl7Al 1~' hIiUG RiAAh <br />~.(1~I~11'Vlll'~tVLl01'MLFI t;(UNOh11C t)II tLOPNIPA'I <br />~~\NAGI At I'N I <br />I `i~,.a (~ ~4 ~„ ) ~~-'.,f Ir~~ <br />_~; ~_~~ ~;'I ~ ~i Ir aAia~ <br />,ii ~ is )~ ~,u <br />- ~'.~i'i5_v i'i <br />
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