Borrower Assistance Package



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To see if you qualify for this program, send the items listed below to Northwest Savings Bank.

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Transcription:

Borrower Assistance Package In order for us to properly evaluate your request for assistance with your mortgage loan or home equity loan, you must complete the enclosed forms and return it promptly to the credit union by mail or fax to: (415) 775-3729 with the following documents: A letter explaining your current situation and hardship. Form enclosed. Your most recent pay stub or unemployment check stub. The last three months account statements from checking, savings, 401(k), and all other asset accounts you maintain. The name and phone number of your listing agent, if your home is currently listed for sale, along with a copy of the listing agreement. A copy of your signed federal tax returns (including all schedules) for the last two years. Current financial information statement using the enclosed form. If you are self-employed, we also need a Profit & Loss Statement/Audited or reviewed Year-To-Date Income Statement for your business. Important Information San Francisco Federal Credit Union is attempting to collect a debt, and any information obtained will be used for that purpose. We may report information about your account to credit bureaus. Late payments, missed payments or other defaults on your account may be reflected on your credit report. If you are represented by an attorney, please refer this letter to your attorney and provide us with the attorney s name, address and telephone number. If you are currently a debtor in bankruptcy proceedings and subject to the protections of the automatic stay, or if you have received a final discharge in a bankruptcy, this notice is for compliance and/or informational purposes only and not an attempt to impose personal liability for the debt in violation of the bankruptcy laws. However, San Francisco Federal Credit Union still has the right under the Mortgage to foreclose on the property. An important reminder for all our members: As stated in the Questions and Answers for Borrowers about the Homeowner Affordability and Stability Plan distributed by the Obama Administration, Borrowers should beware of any organization that attempts to charge a fee for housing counseling or modification of a delinquent loan, especially if they require a fee in advance. San Francisco Federal Credit Union offers loan modification assistance free of charge (i.e., no modification fee required.) Please call us immediately at (415) 775-5377, option 4 to discuss your options. The longer you delay the fewer options you may have.

Borrower Name: Member No. Please explain your current situation and hardship in the space provided below. Please attach additional sheets, if needed. Borrower Signature: Date: San Francisco Federal Credit Union Borrower Assistance Package

Member No: Please complete a separate Financial Information Statement for each Borrower and Co-Borrower. [ ] Borrower [ ] Co-Borrower NAME: SOC SEC NO: - - ADDRESS: HOME PHONE: WORK PHONE: CELL PHONE: E-MAIL: PERMISSION TO CONTACT VIA EMAIL? Home Other Real Estate Cash - checking accounts Cash - savings accounts Certificates of deposit Securities/Stocks/Bonds/Mutual Funds Life Insurance (cash surrender value) Personal Property (jewelery, etc.) Retirement Funds (i.e., IRAs, 401k) Other Assets: please specify ASSETS AMOUNT OWED CURRENT VALUE TOTAL ASSETS Are you in active Bankruptcy? Yes No If Yes: Bankruptcy Chapter Type: Case No. Filing Date: Attorney Name: Phone Number: Are you currently employed? Yes No If Yes: Employer Name : Employer Address: Phone Number: Your Position: How long employed? Page 1

Continued Interest Expense Student Loan Interest Mortgage Interest Other Loan Interest Total Interest Entertainment and Leisure Subscriptions/Membership Fees Entertaining Vacation Other Entertainment and Leisure Total Entertainment and Leisure Family Childcare Clothing Life Insurance Other Insurance Total Family Education Books Tuition Education-related Fees Total Education Healthcare Dental & Eyecare Hospital Physician Prescriptions Health Insurance Other Healthcare Total Healthcare Food Dining Out Groceries Other Food Total Food Residence Rent or Mortgage Payment Household Furnishings House Cleaning & Yard Service Homeowner's Dues / Condo Fees Homeowner's/Renter's Insurance Other Household Total Residence MONTHLY EXPENSES Utilities Cable/Satellite Television Cellular Electricity/Gas Garbage & Recycle Online/Internet Service Telephone Water & Sewer Other Utilities/Bills Total Utilities Transportation Car Payment Gasoline Car Maintenance Car Insurance Other Transportation Total Transportation Pet Care Pet Food & Supplies Veterinarian Other Pet Care Total Pet Care Charitable Donations/Gifts Charitable Donations Gifts Total Charitable Donations/Gifts Personal Care Personal Care Total Personal Care Taxes Federal Income Tax Local Income Tax Medicare Tax Real Estate Taxes Sales Taxes Social Security Tax State Income Tax Other Taxes Total Taxes Other Expense Bank Charges Miscellaneous Total Other Expense Total Expenses San Francisco Federal Credit Union 770 Golden Gate Avenue, San Francisco, CA 94102 TEL 415.775.5377 FAX 415.775.5340 www.sanfranciscofcu.com Page 2

Continued Wages & Salary Gross Monthly Amount Retirement Income Gross Monthly Amount Bonus IRA Distributions Commission Pensions & Annuities Overtime Social Security Benefits Gross Pay Other Retirement Income Net Pay Total Retirement Income Employer Matching Other Wages & Salary Total Wages & Salary Investment Income Capital Gains Dividends Interest Tax-Exempt Interest Other Investment Income Total Investment Income MONTHLY INCOME Other Income Child Support Received Employee Stock Options Gifts Received Loan Principal Received Lotteries State & Local Tax Refund Unemployment Compensation Other Income Total Other Income Total Income Please check the appropriate box. I am (we are) currently occupying the property securing our loan with San Francisco FCU as my(our) primary residence and that I(we) intend to continue to occupy said property as our primary residence. I am (we are) NOT currently occupying the property securing our loan with San Francisco FCU as my(our) primary residence and that I( we) intend to continue to occupy said property as our primary residence. I(we) agree that the financial information provided on all pages of this Financial Information Statement is true and accurate as of the date set forth opposite my(our) signature and that any intentional or negligent misrepresentaton of the information contained in this document may result in civil liability, including monetary damages, to any person who may suffer a loss due to reliance upon this document, and/or in criminal penalties including but not limited to fine or imprisonment or both under ther provision of Title 18 United States Code, Sec. 1001, et seq. I understand and acknowledge that any action taken by the San Francisco Federal Credit Union is in strict reliance on the financial information provided herein. My(our) signature(s) below grants the holder of my mortgage or its designee the authority to confirm the information that I(we) have disclosed in this financial statement, to verify it as accuarte by ordering a credit report, and to contact my realtor and/or credit counseling service. Borrower's Signature Date Co-Borrower's Signature Date San Francisco Federal Credit Union 770 Golden Gate Avenue, San Francisco, CA 94102 TEL 415.775.5377 FAX 415.775.5340 www.sanfranciscofcu.com Page 3