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ATTACHMENT NO. 10 BORROWERS AFFIDAVIT STATE OF CALIFORNIA)) COUNTY OF SANTA BARBARA) BORROWERS AFFIDAVIT The undersigned, Susan G. Ehrlich, on behalf of College Park Housing Associates, a California
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How to fill out borrower s affidavit

How to fill out a borrower's affidavit:
01
Start by obtaining a copy of the borrower's affidavit form, which is commonly available from lenders or online sources.
02
Read the instructions carefully to understand the purpose and requirements of the affidavit.
03
Begin filling out the form by providing your personal information, including your full name, address, contact details, and any other requested information such as Social Security number or date of birth.
04
If applicable, include the name of your spouse or co-borrower, along with their personal information.
05
Proceed to the section where you need to disclose the details of the loan or mortgage, such as the loan amount, loan number, and the type of loan.
06
Describe any relevant circumstances or events regarding the loan that may be required. This can include the reason for default, financial hardship, or any legal proceedings related to the loan.
07
Carefully review each section of the form to ensure all required information is accurately provided. Double-check for any mistakes or missing details.
08
If necessary, attach any supporting documentation to the affidavit as instructed. This may include financial statements, proof of income, or any other documents relevant to your situation.
09
Once you have filled out the form completely and attached any required documents, sign and date the borrower's affidavit.
10
Make copies of the completed affidavit for your own records before submitting it to the appropriate parties.
Who needs a borrower's affidavit?
01
Borrowers who are facing financial hardship and are unable to meet their loan obligations may be required to fill out a borrower's affidavit. This is often the case when seeking alternatives to foreclosure, such as loan modifications or short sales.
02
Lenders or mortgage servicers may request a borrower's affidavit as part of their evaluation process to determine the borrower's eligibility for certain assistance programs or alternatives to foreclosure.
03
Borrowers involved in legal proceedings related to their loans, such as bankruptcy or foreclosure cases, may be asked to file a borrower's affidavit to provide additional information about their financial situation.
Note: The specific requirements for filling out a borrower's affidavit may vary depending on the lender, loan type, and the purpose of the affidavit. It is always important to carefully read and follow the instructions provided with the form. If unsure, consult with a legal professional or contact the lender for guidance.
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What is borrower's affidavit?
Borrower's affidavit is a sworn statement provided by a borrower that confirms certain information regarding their financial situation, assets, and liabilities.
Who is required to file borrower's affidavit?
Borrowers who are applying for a loan or mortgage are typically required to file a borrower's affidavit.
How to fill out borrower's affidavit?
To fill out a borrower's affidavit, the borrower must provide accurate and detailed information about their finances, assets, liabilities, and other relevant information.
What is the purpose of borrower's affidavit?
The purpose of borrower's affidavit is to provide the lender with a clear understanding of the borrower's financial situation in order to assess their eligibility for a loan.
What information must be reported on borrower's affidavit?
Information such as income, expenses, assets, liabilities, debts, and other relevant financial information must be reported on borrower's affidavit.
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