Buyer Financial Information Form PDF Details

When you are ready to purchase a home, there is a lot of financial information you will need to provide. The Buyer Financial Information Form is one document you will need to complete. This form asks for your name, address, social security number, and other personal information. You will also need to list your income and debts. Completing this form accurately is important, as it will help the lender determine if you are eligible for a mortgage loan. If you have any questions about the form or what is required, be sure to contact your lender.

QuestionAnswer
Form NameBuyer Financial Information Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesbuyer financial information form, buyers financial information, buyer financial information, buyers financial form

Form Preview Example

BUYER'S FINANCIAL INFORMATION

BFI

 

This form recommended and approved for, but not restricted to use by, the members of the Pennsylvania Association of REALTORS® (PAR).

1 BUYER 1

2ADDRESS

3

4 BUYER 2

5 ADDRESS

6

7

8

9 The following information is requested to determine the buyer’s financial ability to purchase the property.

10

111. Will you occupy the premises? Yes No

122. Have you in the last 7 years declared bankruptcy, suffered foreclosure, had an account for collection action, had a history of late

13

payments, or had any legal action affecting ability to finance?

Yes

No

 

 

14

If yes, explain.

 

 

 

 

 

15

3. Is any part of purchase price or settlement costs being obtained from a source other than shown below?

Yes

No

16If yes, explain.

174. Have you at any time on or since January 1, 1998, been obligated to pay support under an order that is on record in any

18Pennsylvania county? Yes No

19If yes, list the county and the Domestic Relations File or Docket Number:

20 5. Are there any arrearages for alimony or child/spousal support due in this, or any other, jurisdiction?

Yes

No

21If yes, explain.

23For a purchase involving mortgage financing, disclose at least a minimum net worth of liquid assets in the amount of the

24down payment plus settlement costs. For cash sales, disclose at least a minimum amount equal to the purchase price plus

25settlement costs.

27

ASSETS (Bank accounts, stocks, etc.)

 

 

BUYER 1

 

BUYER 2

28

 

 

 

 

 

 

 

29

 

 

 

$

 

$

 

30

 

 

 

$

 

$

 

31

 

 

 

$

 

$

 

32

 

 

 

$

 

$

 

33

 

 

 

$

 

$

 

34

 

 

TOTAL $

$

 

35

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

36The information in this section must be provided if Buyer(s) require a mortgage loan.

38

LIABILITIES (list all liabilities,

 

 

 

 

BUYER 1

 

 

BUYER 2

39

including alimony or child/spousal support, if any)

Balance

 

Per Month

 

Balance

Per Month

40

 

 

 

 

 

 

 

 

 

 

 

$

 

$

 

 

$

 

$

 

 

41

 

 

 

 

 

 

 

 

 

 

 

$

 

$

 

 

$

 

$

 

 

42

 

 

 

 

 

 

 

 

 

 

 

$

 

$

 

 

$

 

$

 

 

43

 

 

 

 

 

 

 

 

 

 

 

$

 

$

 

 

$

 

$

 

 

44

 

 

 

 

 

 

 

 

 

 

 

$

 

$

 

 

$

 

$

 

 

45

 

 

 

 

 

 

 

 

TOTAL $

$

 

$

$

 

 

46

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

47

Real Estate Currently Owned (First Property)

 

 

 

Real Estate Currently Owned (Second Property)

 

48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

49

Address

 

 

 

 

 

 

 

 

 

 

Address

 

 

 

 

 

 

 

 

 

50

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

51

Value $

 

 

 

 

Mo. Payment $

 

 

 

 

Value $

 

 

 

 

Mo. Payment $

 

 

52

Mortgage/Equity Loan Balance $

 

 

 

Mortgage/Equity Loan Balance $

 

53

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

54

Buyer Initials:

/

 

 

 

 

 

 

 

BFI Page 1 of 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COPYRIGHT PENNSYLVANIA ASSOCIATION OF REALTORS® 2006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/06

Addison Real Estate 266 S 23rd St Ste 16A Philadelphia, PA 19103

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Phone: 215.735.3020 202

Fax: 215-735-1467

Jonathan Tori

 

 

 

 

 

 

 

 

RESIDENTIALLE

Produced with ZipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

55The information in this section must be provided if Buyer(s) require a mortgage loan, but only to the extent necessary to

56prove the ability to qualify for the mortgage loan.

57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

58

EMPLOYMENT INFORMATION -- BUYER 1

EMPLOYMENT INFORMATION -- BUYER 2

59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

60

Current Employer:

 

 

 

 

 

Current Employer:

 

 

 

 

 

 

61

Address:

 

 

 

 

Address:

 

 

 

 

 

62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

63

Occupation:

 

 

 

 

 

Occupation:

 

 

 

 

 

 

64

Years at job:

 

 

 

 

Years at job:

 

 

 

 

 

65

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

66

Prior Employer:

 

 

 

 

 

Prior Employer:

 

 

 

 

 

 

67

Address:

 

 

 

 

Address:

 

 

 

 

 

68

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

69

Occupation:

 

 

 

 

 

Occupation:

 

 

 

 

 

 

70

Years at job:

 

 

 

 

Years at job:

 

 

 

 

 

71

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

72

ANNUAL INCOME

 

 

BUYER 1

ANNUAL INCOME

 

 

 

BUYER 2

73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

74

Basic Salary

$

 

 

Basic Salary

$

 

 

 

75

Overtime

$

 

 

Overtime

$

 

 

 

76

Bonuses

$

 

 

Bonuses

$

 

 

 

77

Commissions

$

 

 

Commissions

$

 

 

 

78

Dividends

$

 

 

Dividends

$

 

 

 

79

Interest

$

 

 

Interest

$

 

 

 

80

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

$

 

 

 

81

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

$

 

 

 

82

 

 

 

 

 

 

 

TOTAL $

 

 

 

 

 

 

 

 

 

TOTAL $

 

 

83

 

 

 

 

 

 

 

 

 

COMBINED TOTAL INCOME $

 

 

 

 

 

84

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

85ADDITIONAL INFORMATION:

90Buyer(s) affirm that the above information is true and correct. Buyer(s) understand that the information may be used as a basis for

91the acceptance or rejection of an offer by the seller. Buyer(s) further understand that the information may be provided to a lender

92in conjunction with the placement of a mortgage loan. Buyer(s) acknowledge that failure to provide truthful and correct information

93may result in the forfeiture of any deposits made by Buyer(s) and may subject Buyer(s) to other financial loss or penalties.

94

95

96

97

98

99

100

If checked, Buyer(s) expressly authorize and direct

 

(Broker) acting as

Broker for Seller Broker for Buyer

Transaction Licensee, to obtain any information or

reports from a credit reporting agency including, but not limited to consumer reports, credit reports, criminal history reports, judgments of record and verification of employment and salary history deemed necessary for furthering the completion of this and any related transactions, and for the evaluation of the information provided by Buyer(s). Upon signing this form, Buyer(s) agree to provide their social security number(s) to the broker identified above for the purposes of obtaining such reports and information.

101Buyer(s) expressly authorize Broker to provide the information contained in this form and any reports or information obtained by

102Broker for the purposes stated above, to the seller(s), cooperating broker(s), mortgage broker(s) and lender(s) involved in this trans-

103action or any related transaction. BUYER(S) UNDERSTAND THAT BROKER HAS NO CONTROL OVER THE USE OF ANY

104INFORMATION AFTER IT IS DISCLOSED TO A THIRD PARTY; BUYER(S) AGREE TO RELEASE AND HOLD BROKER

105HARMLESS FROM ANY AND ALL LIABILITY FOR ANY MISUSE OR SUBSEQUENT DISCLOSURE BY ANY THIRD PARTY

106OF THE INFORMATION OR REPORTS DISCLOSED BY BROKER PURSUANT TO THE TERMS OF THIS AUTHORIZATION.

107

108Buyers’ signatures serve as an acknowledgement of receipt of a copy of this financial information sheet.

109

 

 

 

110

BUYER

 

DATE

111

BUYER

 

DATE

112

BUYER

 

DATE

BFI Page 2 of 2

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RESIDENTIALLE

How to Edit Buyer Financial Information Form Online for Free

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If you want to complete this PDF form, be sure you enter the information you need in every blank:

1. The buyers financial information form pa usually requires specific details to be entered. Be sure that the subsequent blanks are complete:

Writing section 1 in buyer's financial disclosure statement

2. After this part is complete, it's time to add the necessary details in ASSETS Bank accounts stocks etc, BUYER , BUYER , TOTAL, The information in this section, LIABILITIES list all liabilities, TOTAL, BUYER , BUYER , Balance, Per Month, Balance, Per Month, Real Estate Currently Owned First, and Real Estate Currently Owned Second so that you can proceed to the 3rd step.

buyer's financial disclosure statement conclusion process detailed (part 2)

As for Real Estate Currently Owned First and BUYER , ensure you get them right in this section. These could be the most important ones in this file.

3. The next section is normally quite simple, ANNUAL INCOME, BUYER , Occupation Years at job, Prior Employer Address, Occupation Years at job, Current Employer Address, Occupation Years at job, Prior Employer Address, Occupation Years at job, Current Employer Address, EMPLOYMENT INFORMATION BUYER , EMPLOYMENT INFORMATION BUYER , , TOTAL , and TOTAL - every one of these blanks is required to be filled in here.

Writing part 3 in buyer's financial disclosure statement

4. This next section requires some additional information. Ensure you complete all the necessary fields - , ADDITIONAL INFORMATION, Broker for Seller, If checked Buyers expressly, Broker for Buyer, and Buyers expressly authorize Broker - to proceed further in your process!

Find out how to complete buyer's financial disclosure statement stage 4

5. As you come near to the finalization of your form, there are actually a couple extra things to do. Particularly, Buyers expressly authorize Broker, DATE DATE DATE, Produced with ZipForm by zipLogix , RESIDENTIALLE, and BFI Page of should all be filled in.

How one can fill out buyer's financial disclosure statement step 5

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