Form Sf 15 PDF Details

Navigating homeownership opportunities often introduces potential buyers to a variety of forms and procedures, among which is the SF 15 form, a crucial document within the Georgia Dream Homeownership Program. This specific affidavit is designed for those individuals who, while not signing the mortgage note, will reside in the property and therefore contribute to the household income. The form demands detailed income information from each adult in the household not applying for the mortgage, spanning categories such as full-time and part-time salary (inclusive of any overtime and bonuses), dividends, interest, and other forms of financial inflow like Social Security and retirement benefits. Moreover, the SF 15 form plays a vital role in the application process, ensuring that all income contributing to the household is accurately reported and considered in the underwriting package. Its completion and submission are testament to the attestant's understanding that their statements hold weight in the mortgage application's success and are subject to legal repercussions if found to be false or incomplete. This form not only underscores the transparency required in the application process but also safeguards the interests of the lending authorities by providing a comprehensive overview of the household's financial status, thereby facilitating informed lending decisions.

QuestionAnswer
Form NameForm Sf 15
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesdeposes, Homeownership, usa military form, annuities

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Georgia Dream Homeownership Program

Affidavit of Non-Applicant Household Member

(Submit with Underwriting Package)

This form is to be completed and sworn to by any adult (including the applicant’s spouse) who will not sign the Note but will live in the property. Co-signers not intending to live in the property need not execute this form.

CURRENT ANNUAL HOUSEHOLD INCOME

Indicate the total annual income for any adult (18 years of age or older) who will live in the property, but who is not an applicant:

Name of Non-Applicant:__________________________________________________________

Gross full-time salary including overtime and bonuses (including all regular and special pay and allowances of members of the Armed Forces, whether or not living in the dwelling, who

are the head of the family or spouse)

$

Gross part-time salary

$

Dividends and interest; income from royalties, trusts, and investments

$

Net business or rental income, or other net income from real or personal property

$

Periodic payments from Social Security (including that received on behalf of children)

annuities, insurance policies, retirement funds, pensions, disability or death benefits,

and

other retirement benefits

$

All housing allowances and similar allowances which are not reimbursement for job-related

expenses

$

Payments in lieu of earnings, such as unemployment and disability compensation, worker’s

compensation and severance pay

$

Alimony and child support, and regular contributions or gifts from persons not residing in

the household

$

Public assistance and welfare payments; relocation payments

$

TOTAL ANNUAL INCOME*

$

* Transfer this amount to Form SF-12, “Application Affidavit,” page 3.

 

I have reviewed all of the statements made in this Affidavit. Nothing has come to my attention that would lead me to believe that any of the statements made in this Affidavit are inaccurate or incomplete.

The undersigned being duly sworn, deposes and says under oath and seal:

By affixing my signature below, I certify that I have read and understood the definition of annual income above and have disclosed all my income.

I fully understand that the above statements and the information set forth in this Affidavit are material to the application for a mortgage loan from the Georgia Housing and Finance Authority (“GHFA”) and the Georgia Department of Community Affairs (“DCA”), are public information and may be subject to public disclosure and/or verification by DCA, and I declare under penalty of perjury, which is a felony offense in the State of Georgia, that the above statements and information are true, correct and complete.

Page 1 of 2

FORM SF-15

 

Version: January 2009

Additionally, I fully understand that:

1.In the event that the information set forth in this Affidavit is no longer true at the time of the loan closing and has changed such that the Applicant no longer qualifies for a loan under the Georgia Dream Homeownership Program, then the Applicant will not be entitled to obtain or close the loan; and

2.I hereby release GHFA, DCA and the originating lender from any claims related in any way to their verification or enforcement of the Georgia Dream Homeownership Program requirements.

3.I am a full time student : ______Yes ______No

Signature of Non-Applicant

Date

Sworn to and subscribed before me this ___________

Day of ______________, 20___.

___________________________________________

Notary Public

My commission expires

(Notary Seal Affixed Here)

Page 2 of 2

FORM SF-15

 

Version: January 2009

How to Edit Form Sf 15 Online for Free

You'll be able to work with sf 15 easily using our PDF editor online. Our tool is continually evolving to present the very best user experience attainable, and that is thanks to our resolve for continual improvement and listening closely to comments from users. All it requires is just a few basic steps:

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It really is simple to complete the pdf with our practical guide! Here is what you should do:

1. Fill out your sf 15 with a group of major blanks. Consider all the required information and be sure nothing is neglected!

Step # 1 for completing DCA

2. Given that this array of fields is finished, it's time to add the necessary specifics in Gross fulltime salary including, Transfer this amount to Form SF, believe that any of the statements, The undersigned being duly sworn, have disclosed all my income, I fully understand that the above, and for a mortgage loan from the so that you can move on further.

Simple tips to fill out DCA part 2

Regarding have disclosed all my income and I fully understand that the above, be certain that you review things in this current part. Those two are the most significant fields in this form.

3. The following section is all about I hereby release GHFA DCA and the, I am a full time student Yes No, Signature of NonApplicant Sworn to, Date, Day of, and Notary Public My commission - fill in all of these blank fields.

The right way to fill in DCA portion 3

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