Get the free Submission Phase Checklist (FTHB) - rivcoeda

Submission Phase Checklist (FFHB) (20162017) Riverside County Economic Development Agency 5555 Arlington Avenue Riverside, CA 92504 9513435469 FIRST TIME HOME BUYER PROGRAM (FFHB) SUBMISSION PHASE

How to fill out submission phase checklist fthb

How to fill out submission phase checklist for first-time home buyers (FTHB)?

Start by gathering all necessary documents:

1. Personal identification documents such as driver's license or passport
2. Proof of income, such as pay stubs or tax returns
3. Bank statements showing your savings and assets
4. Employment verification letter or contact information for your employer
5. Credit report and score

Review the checklist and understand each item:

1. The submission phase checklist typically includes items like property details, loan documents, insurance information, and any additional paperwork required by the lender or real estate agent.
2. Familiarize yourself with the specific requirements and deadlines for each item on the checklist.

Complete the property details section:

Provide accurate information about the property you are planning to purchase, including the address, type of property (single-family home, condo, etc.), and purchase price.

Gather and submit loan documents:

1. Fill out the loan application form with accurate information about your financial situation.
2. Provide any requested documentation about your employment, income, and debts.
3. Submit any contracts or agreements related to the loan, such as a pre-approval letter or loan commitment.

Obtain insurance information:

1. Contact insurance providers to obtain homeowner's insurance quotes and coverage details.
2. Provide the insurance information, including the company name, policy number, and declaration page, to complete this section of the checklist.

Submit additional paperwork:

1. Depending on the specific requirements of your lender or real estate agent, you may need to provide additional documents such as a proof of funds statement, inspection reports, or HOA documents.
2. Make sure to carefully review the checklist and include all necessary paperwork.

Who needs the submission phase checklist for first-time home buyers (FTHB)?

First-time home buyers:

1. The submission phase checklist is specifically designed for individuals who are purchasing their first home.
2. It helps ensure that all necessary paperwork is completed and submitted correctly during the home buying process.

Home buyers working with a lender or real estate agent:

1. Lenders and real estate agents often provide their clients with a submission phase checklist to streamline and organize the home buying process.
2. It helps both the buyer and the professionals involved by keeping track of the required documents and tasks.

Individuals applying for a mortgage or home loan:

1. The submission phase checklist is particularly useful for individuals who are applying for a mortgage or home loan.
2. It outlines the necessary steps and documentation required to secure financing for the purchase of a property.

In conclusion, the submission phase checklist for first-time home buyers (FTHB) is a valuable tool that guides individuals through the process of filling out and submitting the necessary paperwork when purchasing a home. It helps ensure that all required documents are obtained and submitted correctly, making the home buying process more efficient and organized.

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What is submission phase checklist fthb?

Submission phase checklist fthb is a list of tasks and requirements that need to be completed by first-time homebuyers during the submission phase of the home buying process.

Who is required to file submission phase checklist fthb?

First-time homebuyers are required to file the submission phase checklist fthb.

How to fill out submission phase checklist fthb?

To fill out the submission phase checklist fthb, first-time homebuyers must go through each task and requirement and provide the necessary information or documentation.

What is the purpose of submission phase checklist fthb?

The purpose of submission phase checklist fthb is to ensure that first-time homebuyers have completed all necessary tasks and requirements before moving forward in the home buying process.

What information must be reported on submission phase checklist fthb?

Information such as proof of funds, pre-approval letter, contact information for real estate agent, and any other documents required by the lender or real estate agent must be reported on submission phase checklist fthb.