Get the free Non Borrowing Occupant - Kentucky Housing Corporation - kyhousing

Form 98 Noncorroding Occupant Certification Page 1 of 1 KENTUCKY HOUSING CORPORATION Noncorroding Occupant Certification I agree to execute all documents required by the Kentucky Housing Corporation

How to fill out non borrowing occupant

How to fill out non borrowing occupant:

1. Begin by providing the necessary personal information of the non borrowing occupant, including their full name, date of birth, and social security number.
2. Indicate the present address of the non borrowing occupant. This should include the street address, city, state, and zip code.
3. Include the length of time the non borrowing occupant has been residing at the current address. This can be specified in months or years.
4. Specify the reason for the non borrowing occupant's presence in the property. This could be for reasons such as family member, roommate, or tenant.
5. If applicable, provide the monthly rent amount paid by the non borrowing occupant to the borrower or landlord.
6. Complete the employment section, including the non borrowing occupant's current employer, position held, and length of employment.
7. If the non borrowing occupant has any other sources of income, such as investments or freelance work, provide details in the income section.
8. Sign and date the non borrowing occupant section to acknowledge the accuracy of the information provided.

Who needs non borrowing occupant?

1. Homeowners applying for a mortgage loan who have a non borrowing occupant living in the property will need to include their information to provide a complete picture of the household and its occupants.
2. Landlords who require a non borrowing occupant to be listed on a lease agreement or rental application.
3. Individuals who are cohabitating with a borrower but do not want to be financially responsible for the mortgage loan may opt to be listed as a non borrowing occupant.

Note: It is important to consult with a legal or financial professional for specific advice on filling out a non borrowing occupant section, as requirements may vary depending on the jurisdiction and the type of loan or rental agreement.

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What is non borrowing occupant?

Non borrowing occupant is a person who is living in a property but is not listed on the mortgage loan.

Who is required to file non borrowing occupant?

The borrower or owner of the property is required to file non borrowing occupant.

How to fill out non borrowing occupant?

To fill out non borrowing occupant, you need to provide the personal information and relationship to the borrower of the occupant.

What is the purpose of non borrowing occupant?

The purpose of non borrowing occupant is to disclose the presence of additional occupants in the property.

What information must be reported on non borrowing occupant?

The information that must be reported on non borrowing occupant includes the name, contact information, and relationship to the borrower of the occupant.