Homes are Possible Inc. Aberdeen SD – Homes Are Possible Inc.



HOMES ARE POSSIBLE, INC. (HAPI)Application for Down Payment/Closing CostESTIMATED ASSISTANCE AMOUNT REQUEST $3,500.00 – Brown County/$4,000 – Other Counties241173022860APPLICANT INFORMATION00APPLICANT INFORMATION Applicant #1 Applicant #2 _________________________________________________________________________________________________________________________NameName_________________________ ________________ County: _____________________________________________________ County:____________Present AddressPresent Address__________________________________ DOB(mm/dd/yy) ______________________________________________ DOB(mm/dd/yy) _____________Phone NumberPhone NumberMarried _______Separated _______Unmarried _______Married _______Separated _______Unmarried _______Number in Household _____E-mail Address _________________________Soc. Sec. # of Applicant #2 ________________________________________Cell Phone ____________________________Soc. Sec.# __________________________2319655166370ANNUAL HOUSEHOLD INCOME00ANNUAL HOUSEHOLD INCOME Applicant #1 Applicant #2$___________________________________________________________$______________________________________________________________Gross IncomeOtherGross IncomeOtherTOTAL HOUSEHOLD GROSS INCOME **(Attachment: Copy of VOE, or last 3 year-to-date pay stubs, child support documentation, TANF, SSI or Soc. Sec. Award; If self-employed – provide 2 yrs. Tax returns.)258127588265LENDING INSTITUTION00LENDING INSTITUTION ___________________________________________________________________________________________________________________________Institution Contact PersonInstitutionContact PersonEmail: ______________________________________________(605) ________________________/(605) ____________________Phone NumberFaxNO INTERNET LENDERS OR MORTGAGE BROKERS CAN BE USED TO ACCESS GRANT FUNDSClosing Agent Address & Phone # _________________________________ Closing Date _________________2581275140970LOAN INFORMATIONORMATION00LOAN INFORMATIONORMATION $____________________$______________________1st Time Buyer Yes ___ No ___Purchase PriceFinance AmountTaxes $_______________Insurance $______________________Monthly PITI _________________Type of Loan: SDHDA _____ USDA Direct _____ USDA Guarantee _____ Conventional _____ FHA _____ VA _____ PMI _____Term __________ Interest rate __________ Informed applicant of Home Buyer Education? YES _____ NO _____HOMES MUST BE ON PERMANENT FOUNDATION – NO MOBILE HOMES MUST BE HOMEOWNERS PRIMARY RESIDENCE – NO RENTAL PROPERTIESRev. 4/2019HAPI Closing Cost Assistance/Rehab Grant Income Limits80% AMIClosing Cost Assistance/Rehab Grant Income Limits – (80% AMI) - (Effective April 24, 2019)County NameMedian Income1 Person Income2 Person Income3 Person Income4 Person Income5 Person Income6 Person Income7 Person Income8 Person IncomeBeadle$66,000$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Brown$74,000$41,450$47,400$53,300$59,200$63,950$68,700$73,450$78,150Campbell$64,900$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Clark$71,800$40,250$46,000$51,750$57,450$62,050$66,650$71,250$75,850Codington$73,900$41,400$47,300$53,200$59,100$63,850$68,600$73,300$78,050Day$57,600$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Deuel$73,700$41,300$47,200$53,100$58,950$63,700$68,400$73,100$77,850Edmonds$80,400$45,050$51,450$57,900$64,300$69,450$74,600$79,750$84,900Faulk$78,600$43,200$49,400$55,550$61,700$66,650$71,600$76,550$81,450Grant$66,400$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Hand$77,800$42,600$48,700$54,800$60,850$65,750$70,600$75,500$80,350Hughes$92,300$51,700$59,100$66,500$73,850$79,800$85,700$91,600$97,500Hyde$78,800$44,150$50,450$56,750$63,050$68,100$73,150$78,200$83,250Marshall$71,900$40,250$46,000$51,750$57,500$62,100$66,700$71,300$75,900McPherson$67,500$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Potter$63,400$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Roberts$64,700$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600Spink$67,400$39,550$45,200$50,850$56,500$61,050$65,550$70,100$68,350Stanley$74,000$41,450$47,400$53,300$59,200$63,950$68,700$73,450$78,150Sully$76,700$43,650$49,900$56,150$62,350$67,350$72,350$77,350$82,350Walworth$69,900$39,550$45,200$50,850$56,500$61,050$65,550$70,100$74,600________________________________________________________________________________________________________________2886075105410SignaturesORMATION00SignaturesORMATION____________________________________________________ _________________________________________________Applicant #1 Date Applicant #2 Date____________________________________________________Lender Date Submit to HAPI 320 S. Main St. – Aberdeen, SD 57401Please attach: Signed HAPI Application Telephone: (605)225-4274Signed Lender Application Fax: (605)226-4274Good Faith Estimate Email: marybeth@ **Verification of Income (See above)********************************************************************************************Information to be completed by HAPIReservation of funds: 60 days from date of approval (Extension may be granted on a case by case basis)Date Sent for Homebuyer Education: _______________________ Amount of estimated grant approval: ______________________________HAPI Review Committee: ____________________________ Date: _________________ HAPI Director: __________________________ Date: _______________Name of Borrower: ____________________________________________________Rev.4/20192857525717500 Homes Are Possible, Inc. is an Equal Housing Opportunity Agency. “In accordance with Federal Law and US Dept. of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age, religion, political beliefs, or disability. (Not all prohibited bases apply to all programs.) To file a complaint of discrimination, write USDA, Director Office of Civil Right, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (800) 795-3271 (Voice) or (202) 720-6382 (TTD). USDA is an equal opportunity provider, employer and Lender.”I hereby authorize any person, agency or institution to supply requested information by HAPI, concerning me or my family and to allow inspection and reproduction of records in his or their possession pertaining to me or my family by a duly authorized representative of HAPI. This authorization is given only in connection with its use by HAQPI in its administration of its programs and for no other purpose. It shall continue in effect until such time as I state, in writing, to HAPI.I understand the collateral contacts may be necessary to verify my wages, rent, income and other aspects of eligibility and hereby give permission for such contacts to provide the requested information. I hereby give permission for such contacts to provide the requested information. I hereby approve and allow HAPI and their representatives to enter the premise to perform the work regarding this application, which they deem necessary.I hereby declare that this home is not scheduled for acquisition or clearance under any government program. I will disclose to HAPI if and when this should ever occur. Privacy Act Information: This information will be used by this office to determine your eligibility for this program. Statements of home ownership, family size and income must be accurate, and all other information must be given to the best of your knowledge. Information obtained from this and other forms may be used by FHLB to monitor the effectiveness of this program. In addition, this information may be used for investigative or prosecutorial proceedings in the event of fraudulent claims or statements. Should you decline to provide the information requested on this form your home will not be considered for assistance. No information on this application is made available to the general public. This is an equal opportunity program. Discrimination is prohibited by Federal Law. I have furnished this application information to the best of my knowledge and by this signature approve and verify it. Any misrepresentation regarding this information may lead to the recapture of the total amount of funds allocated to each project. I am aware that any fraudulent statements made in this application can be legal grounds for prosecution by any agency of the government using this application as a basis for assistance.I/we acknowledge that we are responsible to attend the HAPI Homebuyer Education Program prior to the closing date of the property to be eligible to receive these funds. Contact HAPI for dates and registration. Applicant Signature: __________________________________________ Date: ___________________________Co-Applicant Signature: _______________________________________ Date: ___________________________Rev. 4/2019 ................
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