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1. Calculation of Income and Assets 

See Page 28

and

Page 3

1-A. Annual Income Sources/Excluded Income (Attachment 4-C, Handbook #1)

See Page 39

1-B. Repayment Income Sources and Exclusions (Attachment 4-D, Handbook #1)

See Page 44 

2. Sample Adjusted Income Limits (April 1998)

3. Indicators of Unacceptable Credit (Exhibit 4-3, Handbook #1)

See Page 18 

4. Form 1944-61, "Credit History Worksheet"

Not Yet Available

5. Form 1944-14, "Payment Assistance/Deferral Mortgage Assistance Agreement"

Not Yet Available

6. Form 1944-6, "Interest Credit Agreement"

Not Yet Available

7. Escrow, Taxes, and Insurance (Chapter 6, Handbook #1)

See Document 

8. Form 3550-15, "Tax Information"

Not Yet Available

9. Insurance Policy Requirements (Attachment 6-A, Handbook #1)

See Page 12 

10. Form 3550-12, "Subsidy Repayment Agreement"

Not Yet Available

10-A. Final Payoff Worksheet (Attachment 2-A, Handbook #2)

 See Page 42 

11. Form 3550-23, "Applicant Orientation Guide"

Not Yet Available

12. Application Calculations 

12-A. Computing Adjusted Income 

12-B. Computing Adjusted Income as a Percent of Area Median Income for Payment Assistance and Required PITI Payment 

12-C. Computing Actual Mortgage Payment and PITI

12-D. Determining Feasibility 

12-E. Section 502 Interest Rates and Amortization

13. Verification Forms

13-A. Form 3550-2, "Request for Verification of Gift/Gift Letter"

See Form 

13-B. Form 3550-4, "Employment Certification/Payment Assistance"

Not Yet Available

13-C. Form 1944-4, "Certification of Disability or Handicap"

See Form 

13-D. Form 1944-60, "Landlord’s Verification"

See Form 

13-E. Form 1944-62, "Request for Verification of Deposit"

Not Yet Available

13-F. Verification of Pensions and Annuities

See Page 4 

13-G. Verification of Student Income and Expenses

 See Page 5 

13-H. Verification of Medical Expenses

 See Page 6

13-I. Verification of Social Security Benefits

 See Page 7 

13-J. Verification of Public Assistance

 See Page 8 

13-K. Verification of Child/Dependent Care

 See Page 9 

13-L. Verification of Unemployment Benefits

 See Page 10 

13-M. Verification of Business Expenses

 See Page 11 

13-N. Verification of Support Payments

 See Page 12 

13-O. Certification of Disposition of Assets

 See Page 13 

13-P. Record of Oral Verification

 See Page 14 

14. Packaging Applications

14-A. "Packaging Applications" (Attachment 3-A, Handbook #1)

 See Page 16 

14-B. Form 1944-12, "Rural Housing Loan Application Package"

See Form 

14-C. Form 410-4, "Uniform Residential Loan Application"

See Form 

14-D. Form 1910-5, "Request for Verification of Employment"

See Form 

14-E. Form 410-8, "Applicant Reference Letter"

See Form 

14-F. Example of Evidence of Inability to Obtain Credit Elsewhere

Not Yet Available

14-G. Form 440-34, "Option to Purchase Real Property"

See Form 

14-H. Example Direction Map to Property

14-I. Example House Plans

14-J. Form 1924-2, "Description of Materials"

Not Yet Available

14-K. Example Plot Plan 

14-L. Form 1944-3, "Budget and/or Financial Statement"

See Form 

14-M. Form 3550-1, "Authorization to Release Information"

See Form 

Required attachments to an application package, not included in this appendix

15. Form 1944-59, "Certificate of Eligibility"

 Not Yet Available

16. Form 3550-3, "Notification and Statement of Reasons for Credit Denial, Termination or Change"

Not Yet Available

17. Documentation Required Prior to Approving a Loan (Attachment 7-A, Handbook #1)

See Page 36 

18. Documents to be Signed or Submitted at Loan Closing (Attachment 8-A, Handbook #1)

See Page 19  

19. Special Funding and Selection of Applications for Funding (excerpt from Chapter 3, Handbook #1)

See Page 10 

20. Special Land Uses and Manufactured Housing

20-A. Form 3550-11 Planned Unit Development Ride

Not Yet Available

20-B. Form 3550-10 Condominium Rider

Not Yet Available

20-C. Loans for Condominium Units

See Page 7

20-D. Loans for Units in a Community Land Trust

See Page 9

20-E. Manufactured Homes

See Page 13 

21. Form 1924-19, "Builder’s Warranty"

Not Yet Available

22. Annual and Interim Reviews of Payment Subsidies (Section 4.6, Handbook #1)

See Page 11 

23. Rural Development State Offices