Mortgage Statement Rbc Form – Fill Out and Use This PDF

The Mortgage Statement Rbc form, formally recognized as "PERSONAL STATEMENT OF AFFAIRS E-FORM 1403," is a comprehensive document designed to collect an individual's personal and financial information in association with a loan application at the Royal Bank of Canada. This form encapsulates personal details, financial profile including assets and liabilities, employment information, and other pertinent financial obligations. Filling out this form is crucial for individuals seeking mortgage or business loans from RBC, as it aids in the evaluation of creditworthiness and loan application approval.

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Mortgage Statement Rbc Form PDF Details

Understanding the intricacies of the Mortgage Statement RBC Form can be a pivotal step for individuals engaging in significant financial activities, particularly those linked to business loans and personal financial assessments. This comprehensive document, known as the PERSONAL STATEMENT OF AFFAIRS E-FORM 1403 (2003-03), serves multiple purposes, ranging from capturing personal information such as names, social insurance numbers, and addresses to detailing an individual's complete financial profile, including assets, liabilities, income, and expenses. Moreover, it delves into employment details and gathers data concerning one's spouse, thereby painting a full picture of the applicant's financial health. Key sections of the form include schedules for real estate, life insurance, retirement accounts, and business interests, each designed to assess the value and ownership of significant assets. Questions regarding potential legal or tax issues, such as asset repossession, involvement in claims or lawsuits, bankruptcy, and back taxes, are also addressed. The declaration at the form's conclusion underscores the importance of truthfulness and accuracy, as the information provided forms the basis for evaluating creditworthiness and making lending decisions. This form not only facilitates a transparent evaluation process by the Royal Bank of Canada but also requires applicants to meticulously assess their financial standing, making it a crucial document for both the bank and the individual.

Question	Answer
Form Name	Mortgage Statement Rbc Form
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	1st, rbc personal statement of affairs, E-FORM, Qtr

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PERSONAL STATEMENT

OF AFFAIRS

E-FORM 1403 (2003-03)

Branch Name

( Mo. Day Year ) Business loan reference

Personal Information

First Name

Middle Name

Surname

Social insurance no.

Date of birth

( Mo. Day Year )

Home address (Apt./P.O. box/Street and Number

City/Town

Prov.

Postal code

Home telephone no.

Business telephone no.

Residence

Own

Marital status

No. of dependants

including spouse

Other

Rent

Principal bank or financial institution

Address

Savings A/C no.

Chequing A/C no.

Have you ever

Yes

If yes - where

When

Amount

Yes

If yes - where

When Amount

borrowed

Royal Bank

before?

loans?

Financial Profile

Assets

Liabilities

(List and describe all assets - Schedules on reverse)

(List credit cards and other liabilities including alimony and child support)

Balance owing

Cash - Royal Bank

Bank loans (see schedule F)

Cash - Other financial institutions

Mortgages on real estate (see schedule B)

Life insurance C.S.V. (see schedule C)

Credit cards

Retirement accounts (see schedule D)

(please itemize)

Marketable securities (see schedule A)

Accounts and

Other obligations

loans receivable

(please itemize)

(Please itemize)

(B) Total liabilities

Automobiles

Make/yr.

Sundry Obligations

Real estate (see schedule B)

Are you personally supporting contingent obligations

Yes

Business interests (see schedule E)

not listed above (e.g. co-signer/endorser/guarantor?)

Other assets

If yes, please indicate liability and provide details on

(please itemize)

amount, to whom and nature of obligations below:

(A) Total Assets

Present Annual Income and Expenses

Your gross income

Your expenses

Annual salary or wages

Mortgage/rental payments

Commissions and bonuses

Real estate taxes

Dividends and interest

Federal and Provincial income taxes

Rental income (schedule B reverse)

Insurance premiums

Other income

Credit cards

(please itemize)

Consumer loan payments

Subtotal

Alimony, child support or maintenance payments

Spouse's gross income

Other expenses

Annual salary or wages

(please itemize)

Other income

(please itemize)

Total annual

income

expenses

Employment Information

Employer's name and address

Yrs. there

Telephone no.

Occupation

Previous employer's name and address

Telephone no.

Data on Spouse

First Name

Initial

Surname

Occupation

Social insurance no.

Date of birth

( Mo. Day Year )

Employer's name and address

Yrs. there

Telephone no.

TM Trade-mark of Royal Bank of Canada. RBC and Royal Bank are registered trade-marks of Royal Bank of Canada.

E-FORM 1403 (2003-03)

General Information (if you answer YES to any of these questions, please provide details)

Have you ever had an asset repossessed?	Yes	No	Details
Are you involved in any claims or lawsuits?	Yes	No
Have you ever declared bankruptcy?	Yes	No
Do you owe any back taxes?	Yes	No

Schedule A: Marketable Securities, Stocks and Bonds

No. of	Description	In name of whom Market value	Where quoted	Total market	Pledged as collateral
units/shares		per share	or listed	value

					Yes	No

					Yes	No

					Yes	No

Schedule B: Real Estate (1) Primary residence (2) Other

1.	Street name and number			City	Province	Legal description	% ownership

Title in name of		Date acquired	Purchase price	Market value	Gross annual	Net monthly	Annual taxes, insurance,
		(Mo Day Year)			rental income	rental income	maintenance & misc.

Name of mortgage holder e.g. financial institution				Amount of mortgage		Annual mortgage payments
1st		2nd		1st $	2nd $	1st $	2nd $
2.	Street name and number			City	Province	Legal description	% ownership

Title in name of		Date acquired	Purchase price	Market value	Gross annual	Net monthly	Annual taxes, insurance,
		(Mo Day Year)			rental income	rental income	maintenance & misc.

Name of mortgage holder e.g. financial institution				Amount of mortgage		Annual mortgage payments
1st		2nd		1st $	2nd $	1st $	2nd $
Schedule C: Individual and Group Life Insurance
Insurance company			Beneficiary	Face amount		Policy loans	Cash surrender value

Schedule D: Retirement Accounts (Tax sheltered investments)

Quantity	Administrator	Description including RRSPs,	In name of whom	Current value	Total current
	(financial institution, broker etc.)	RHOSPs, DPSPs, pension fund, etc.		per unit	value

Schedule E: Business Interests

List all business in which you are an owner % owned	Position/title	Net worth of	Type of business	Year established
		business

Schedule F: Bank Loans (Exclude real estate loans)

Lender	Purpose	Date of loan	Payment	Collateral	Original	Outstanding
		(Mo. Day Year)	(per Mo/Qtr/Pa)	description	amount	balance

Declaration

The undersigned hereby declare(s) that all the information provided herin and on the accompanying statements is to the best of my/our knowledge true, complete and correct and understand it will be used by the Bank to determine credit worthiness. The proceeds of the loan applied for will be used for business purposes and not for personal, family or household purposes. The undersigned further consent(s) to Royal Bank of Canada making any enquiries it deems necessary to reach a decision on this application, and consent(s) to the disclosure at any time of any credit information about me/us to any credit reporting agency or to any one with whom I/we have financial relations.

Per:	(Mo. Day Year)

Signature of applicant

Date

Mortgage Statement Rbc Form – Fill Out and Use This PDF

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