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Other Loans: ___________________________ ____________________ ________________________ <br /> <br /> ___________________________ ____________________ ________________________ <br /> <br /> <br /> <br />VI. PROPERTY INFORMATION <br /> <br />1. Is the dwelling an owner-occupied single family home or duplex or commercial building located within Elk River? <br /> Yes No <br /> <br /> <br />2. Are you the owner of record on this property? (check one) Yes No <br /> <br /> List all other owners of record: ______________________________________________________ <br /> <br /> If no, do you hold a contract for deed? (check one) Yes No <br /> <br /> <br />3. Year home was built: ____________ <br /> <br />4. Year home was purchased: ____________ <br /> <br />5. Purchase price: $____________ <br /> <br />6. Are you current on your mortgage payments? Yes No <br /> <br /> If no, is/has your loan been modified? Yes No <br /> <br /> If your loan has been modified please send the modification agreement signed by both lender and yourself. <br /> <br />7. What is (are) the outstanding balance(s) on mortgage(s)? $____________ <br /> Monthly payment: $____________ <br /> <br />8. No loan will be granted to properties with an existing reverse amortization mortgage, interest-only option <br />mortgage or other negative amortization mortgage product or products. <br /> Does your existing mortgage fall into one of these categories? (check one) Yes No <br /> <br /> <br />9. Do you have any other outstanding liens on the property? (check one) Yes No <br /> <br /> If yes, what are they and what are the current balances? ________________________ <br /> <br />10. Is any portion of the dwelling rented? (check one) Yes No <br /> <br /> <br />11. Is a home occupation conducted from the residence? (check one) Yes No <br /> <br /> <br />12. Have your property taxes and/or any special assessments been paid up to date? (check one) Yes No <br /> <br /> <br />13. If you are recently divorced and retained the property, has a Quit Claim Deed been filed? <br /> (check one) Yes No <br /> <br /> <br /> <br /> <br />VII. PROJECT FINANCING <br /> <br />Name and Address of Bank: <br /> <br />_______________________________________ Contact:________________________________ <br /> <br />_______________________________________ Phone:_________________________________ <br /> <br />_______________________________________ Email:__________________________________ <br /> <br />181302v1 <br />7 <br />