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Occupant Spouse Statement borrower must complete this form and a copy must be emailed to the Dakota Count CDA when a legally married borrower intends to occupy a property without his/her spouse, even
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What is non-occupant spouse statement?
Non-occupant spouse statement is a form that is used to disclose the financial information of a spouse who is not listed on the mortgage or deed of a property.
Who is required to file non-occupant spouse statement?
The non-occupant spouse is required to file the non-occupant spouse statement if the property is located in a community property state.
How to fill out non-occupant spouse statement?
The non-occupant spouse must provide detailed financial information, including income, assets, and liabilities, on the form.
What is the purpose of non-occupant spouse statement?
The purpose of the non-occupant spouse statement is to ensure that the lender has a complete picture of the household's financial situation.
What information must be reported on non-occupant spouse statement?
The non-occupant spouse must report income, assets, liabilities, and any other financial information requested by the lender.
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