Get the free Downpayment Assistance Borrower Summary Sheet.doc - mymanatee

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Return or Deliver to: Manatee County Government Neighborhood Services Department Community Development Division P.O. Box 1000 Bradenton, FL 34205 (941) 7493029 (941) 7425848 (Fax) UPD101608 Down payment

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How to fill out downpayment assistance borrower summary

Who needs downpayment assistance borrower summary?

01

First-time homebuyers: Downpayment assistance borrower summaries are typically required for first-time homebuyers who are applying for downpayment assistance programs. These programs aim to help individuals or families who may not have enough funds for a downpayment to purchase a home.

02

Applicants for downpayment assistance programs: Anyone who is applying for a downpayment assistance program will need to fill out a borrower summary. This summary is usually a part of the application process and helps the program administrators assess the borrower's financial situation and eligibility for the assistance.

03

Low-income individuals or families: Downpayment assistance programs often prioritize individuals or families with low income. Thus, those who fall into this category and are in need of assistance with their downpayments will need to fill out a borrower summary to demonstrate their financial need.

How to fill out downpayment assistance borrower summary:

01

Gather required documents: Before filling out the borrower summary, gather all necessary documents such as proof of income, bank statements, tax returns, employment records, and any additional documents that may be specified by the downpayment assistance program.

02

Provide personal information: The borrower summary will typically require personal information such as your name, address, contact details, and social security number. Make sure to provide accurate information as any discrepancies may delay the application process.

03

Financial information: The summary will also ask for details about your current financial situation. This may include information about your employment, income, assets, debts, and monthly expenses. Be thorough and transparent while providing these details as they will be used to assess your eligibility for the downpayment assistance program.

04

Complete the summary accurately: Carefully fill out each section of the borrower summary. Be diligent in providing all the required information and avoid leaving any fields blank unless stated otherwise. Double-check for accuracy and make sure to sign and date the document if required.

05

Submit the borrower summary: Once you have completed the borrower summary, review it one more time to ensure all information is accurate and complete. Submit the summary along with any other required documents as per the instructions provided by the downpayment assistance program. It is recommended to make copies of all documents for your records.

Remember, every downpayment assistance program may have its own specific requirements and guidelines for filling out the borrower summary. It is advisable to carefully read and follow the instructions provided by the program to increase your chances of successfully applying for the assistance.

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