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Document Ogden_doc_8b0f535891

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0 , Community Development Welcome to another great Home Sweet Ogden home! This home has been built or remodeled by Ogden City. This packet provides documents that must be included with an offer. Please include the following with offer to purchase □ REPC - Including Home Sweet Ogden Addendum provided by Ogden City □ Loan Prequalification Letter- Letter must show amount of loan qualification □ Home Sweet Ogden Application □ Current Bank Statement □ Income Verification - 6/1/24 o Signed Verification of Employment- (Ogden City will contact Employer to complete) o Signed HOME Program Eligibility Release Form o Paystubs (Past 60 Days) for all adults living in the home o Most recently filed tax Return for all adults living in the home o Buyer's household income may not exceed the 80% Income Requirement INCOME GUIDELINES FOR HOME PURCHASE Household Size I Person 80% of Median $61,850 2 Persons $70,650 3 Persons $79,500 4 Persons $88,300 5 Persons $95,400 6 Persons $102,450 7 Persons $109,500 8 Persons $116,600 6/1/24 This home may also qualify for down payment assistance of up to $10,000 through the Own in Ogden Program. Once the offer has been submitted, Ogden City will assist with the application process for this program. ---PAGE BREAK--- Home Sweet Ogden Application APPLICANT INFORMATION Applicant Name(s): _ Present Address: _ Home Phone: _ Cell Phone: _ E-mail: _ Total Number in Household:. _ Ages: _ Individual Gross Annual Income: (all members 18 years of age and older) Name _ Source _ Name _ Source, _ Name _ Source _ Total Household Annual Income: $ _ $ _ $ _ $ _ $ _ (For each household member 18 years and older; attach most recent federal tax return & 60 days most recent pay stubs from each income source) • Are you a first-time home buyer? [ ] YES [ ] NO • Do you anticipate your household composition changing in the next 12 months? [ ] YES [ ] NO • Are you cmTently receiving subsidized housing benefits (rental assistance)? [ ] YES ( ] NO • Are you a citizen or legal resident of the United States: [ ] YES ( ] NO If legal resident, please provide tax id# _ HOUSEHOLD INFORMATION The following questions are for survey purposes only, however your response would help us evaluate the program. Please select Ethnicity: Hispanic or Latino [ ] Yes [ ] No Please select all that apply (Race): [ ] White ( ] Asian Gender of Head of Household: Single Head of Household: Age of Head of Household: [ ] Black or African American [ ] Other [ ] Male [ ] Yes [ ] No [ ] Under 62 ] Female ] Over 62 PROPERTY INFORMATION [ ] Native Hawaiian or Other Pacific Islander [ ] American Indian or Alaska Native [ ] Non-binary [ ] Decline Member of Household Disabled: [ ] Yes Property Address: _ Negotiated Purchase Price: $ _ Realtor: _ Phone: _ Lender: _ Phone: _ [ ] No I hereby apply to purchase a home under the Home Sweet Ogden Program. I agree to comply with all terms and conditions outlined in the Real Estate Purchase Contract. I understand that failure to comply, or submission of false or misleading information may result in a rejection of this application. I also understand that I am not committed to buy the above-mentioned property. PENAL TY FOR FALSE OR FRAUDULENT STATEMENT, U.S.C. Title 18, Section IO0I, provides: "Whoever, in any matter within the jurisdiction of any department or agency of the United States knowingly and willfully falsifies or makes any false, fictitious or fraudulent statements or representations, or makes or uses any false writing or document knowing the same to contain any false, fictitious or fraudulent statement or entry, shall be fined not more than $ I 0,000 or imprisoned not more than five years or both." Signed: _ Date: _ Signed: _ Date: _ Required Attachments: D Income Verification (most recent federal tax return and 60 days of most recent paycheck stubs) D 1 51 Mortgage Pre-Approval Letter Rev: 6/1/24 ---PAGE BREAK--- 6/1/24 0 1e Verification of Employment cr: UTA,H' Commumt AUTHORIZATION: Federal Regulations require us to verify Employment Income of all members of the household applying for participation in the HOME Program which we operate and to re-examine this income periodically. We ask your cooperation in supplying this information. This information will be used only to determine the eligibility status and level of benefit of the household. Your prompt return of the requested information will be appreciated. A self-addressed return envelope is enclosed. RELEASE: I hereby authorize the release of the requested information: Signature of Applicant & Date or a copy of the executed "HOME Program Eligibility Release Form," which authorizes the release of the information requested, is attached. WARNING: Title 18, Section 100 I of the U.S. Code states that a person is guilty of a felony for knowingly and willingly making false or fraudulent statements to any department of the United States Government EMPLOYER CONTACT INFORMATION Company Name _ Supervisor / HR Contact _ Phone Number _ Email _ *Ogden City will contact employer to complete remaining employment verification information. TO BE COMPLETED BY EMPLOYER Employed since: Occupation: Salary: Effective date of last increase: Base pay rate: $ Hour/ Week/ Month (circle one) Average hours/week at base pay rate: hrs. Number weeks worked per year Ove11ime pay rate: $ /Hour Expected weekly average number of hours overtime to be worked during next 12 months: Any other compensation not included above (specify for commissions, bonuses, tips, etc.): For: $ per Is pay received for vacation? If yes, number of days per year. Total base pay earnings for past 12 months. $ Total overtime earnings for the past 12 months. $ Probability and expected date of any pay increase: Does the employee have access to a retirement account ? IfYES, what amount can they get access to? $ Signature of Employer Date Title Telephone Company/Agency Name ---PAGE BREAK--- HOME Program Eligibility Release Form Purpose: Your signature on this HOME Program Eligibility Release Form, and the signatures of each member of your household who is 18 years of age or older, authorizes the above-named organization to obtain information from a third party relative to your eligibility and continued participation in the: HOME TBRA Program HOME Homebuyer Program HOME Rental Rehabilitation Program HOME Homeowner Rehabilitation Program Privacy Act Notice Statement: The Department of Housing and Urban Development (HUD) is requiring the collection of the information derived from this form to determine an applicant's eligibility in a HOME Program and the amount of assistance necessary using HOME funds. This information will be used to establish level of benefit on the HOME Program; to protect the Government's financial interest; and to verify the accuracy of the information furnished. It may be released to appropriate Federal, state, and local agencies when relevant to civil, criminal, or regulatory investigators, and to prosecutors. Failure to provide any information may result in a delay or rejection of your eligibility approval. The Department is authorized to ask for this information by the National Affordable Housing Act of 1990. Instructions: Each adult member of the household must sign a HOME Program Eligibility Release Form1 prior to the receipt of benefit. Tenants in HOME- • assisted rental units must sign on an annual basis 102. establish continued eligibility, and additional signatures must be obtained from new adult tenants whenever they join the household or whenever members of the household become 18 years of age. 3. Note: This general consent may not be used to request a copy of a tax return. If a copy of a tax return is needed, IRs4. form 4506, "request for copy of tax form" must be prepared and signed separately. Signatures: Family Member Head Printed Name Signature & Date Adult Family Member#3 Printed Name Signature & Date 6/1/24 0 07' UT I\H. Commuruty Development Information Covered: Inquiries may be made about items initialed bv aoolicant/tenant Verification Initials Reauired Income /all sources) Assets