MARTIN COUNTY STATE HOUSING INITIATIVE PARTNERSHIP (SHIP) PROGRAM APPLICATION INSTRUCTIONS 2006/07
PLEASE READ CAREFULLY BEFORE COMPLETING THIS APPLICATION. ------------------------------------------------------------------------------------------------------------------------------------------FIRST TIME HOMEBUYERS If you are a first time homebuyer, YOU MUST BE ABLE TO OBTAIN A FIRST MORTGAGE FROM A LENDER THAT PARTICIPATES IN THE MARTIN COUNTY LENDING CONSORTIUM. The SHIP program works in conjunction with the lender's first mortgage. Without a mortgage commitment from a lender, the SHIP program cannot fund a first time homebuyer. It is strongly recommended that you talk with lenders prior to applying for SHIP funds for pre-qualification. IF YOU HAVE A MORTGAGE COMMITMENT OR A PRE-QUALIFICATION LETTER FROM A LENDER, PLEASE INCLUDE THAT LETTER WITH YOUR APPLICATION. We can also provide you with a list of local lenders who can assist you. MOBILE HOMES ARE NOT ELIGIBLE. The sales price cannot exceed $280,658 for new construction of a home or for the purchase of an existing home. ALL FIRST TIME HOMEBUYERS ARE REQUIRED TO ATTEND THE HOMEOWNER WORKSHOP given by Consumer Credit Counseling Service (CCCS) prior to closing on your home. This is a comprehensive workshop and includes counseling if you have had credit problems. To make reservations for the workshop, call 1-866-616-3720. ------------------------------------------------------------------------------------------------------------------------------------------CURRENT HOME OWNERS If you are a current homeowner and need emergency or rehabilitation assistance, you must be the owner and occupant of the home needing assistance. Mobile homes are not eligible. Also, all property taxes must be paid and the value of the home cannot exceed $189,682. Funding for the SHIP program is a moderate rehabilitation program. SHIP assisted houses must be structurally adequate. If a home is determined to be beyond economical repairs, it is not eligible.
NOTE: THERE IS USUALLY A 12-18 MONTH WAITING LIST FOR REHABILITATION.
Thank you for your interest in the SHIP Program. We hope that we will be able to assist you with your housing needs. Applications for assistance may be submitted any time, on a first come first serve basis, as funds are available. There is no deadline for application submission. Return the application with copies of supporting documents to the Growth Management Department, 2nd floor, 2401 S.E. Monterey Road, Stuart, FL 34996. Please call (772) 288-5495 for an appointment when returning the SHIP application.
Application.FY0607SHIP-WEB
Page 1 of 12
Kinds of housing assistance available: For individuals, the SHIP program provides four kinds of assistance: down payment/closing cost assistance for purchase of an existing home, new construction assistance, assistance for moderate rehabilitation of houses that are structurally adequate for current homeowners, and emergency repair assistance for minor repairs, water/sewer connections and energy efficiency. Income Criteria: For a household to qualify for the SHIP Program, the household income level must be very low, low or moderate. The following table shows the income criteria for very low, low and moderate income households in Martin County for the 2006-07 application period. Priority will be given to very low and low income households. # of People in Very Low Low Moderate Household Income Income Income 1 person $ 19,100 $ 30,600 $ 45,840 2 persons $ 21,850 $ 34,950 $ 52,440 3 persons $ 24,550 $ 39,350 $ 58,920 4 persons $ 27,300 $ 43,700 $ 65,520 5 persons $ 29,500 $ 47,200 $ 70,800 6 persons $ 31,650 $ 50,700 $ 75,960 7 persons $ 33,850 $ 54,200 $ 81,240 8 persons $ 36,050 $ 57,700 $ 86,520 STEPS TO FOLLOW TO APPLY FOR (SHIP) HOUSING ASSISTANCE ALL APPLICANTS MUST SUBMIT THE FOLLOWING:
□ □ A completed, signed and dated application. An "Authorization to Verify" form.
The application and authorization to verify information must be signed by the applicant and ALL household members 18 years of age or older. The □ □ □ □ □ following documents must be furnished for all household members: Social security cards Child support/custody court orders, divorce decree’, alimony Disclosure of all assets, including IRA/401K’s, stocks/bonds, and life insurance Award letters for social security, disability, unemployment, AFDC, workers comp. Current banking account statements
The following documents must be furnished for all household members 18 years of age or older: □ Photo identification □ All current/past income sources/assets □ 2 years income tax returns and W-2s (Internal Revenue Service phone number 1-800-829-1040.) □ 2 years employment history □ Copy of title or deed to property □ 1 month of current pay stubs Rehabilitation and/or Emergency Assistance in addition to above documents, please include: □ A copy of the most recent tax assessor's property tax statement □ A copy of the most recent mortgage statement from your mortgage company or payment coupon □ A copy of the current homeowner's insurance declaration sheet showing policy
Application.FY0607SHIP-WEB
Page 2 of 12
coverage period
Martin County Consortium Lenders List 08/02/06
Seacoast National Bank Gay Asbury 815 Colorado Ave. Stuart, FL 34994 Kelli Glass 4151 NW Federal Hwy. Stuart, FL 34957 Bryant (Gary) Stuckey 7000 SE Federal Hwy. Stuart, FL 34997 Angela Beausoleil 2601 SW High Meadow Palm City, FL 34990 Harbor Federal Wendy Ciacci 3639 NW Federal Hwy. Jensen Beach, FL 34957 Audrey Allen 789 S. Federal Hwy. Stuart, FL 34994
772-288-6052
772-692-3854
772-221-2946
772-221-7568
772-221-2609
772-221-3030
Fidelity Federal Cheryl Banks 2980 S. Federal Hwy. Stuart, FL 34994
800-422-3675 Ext 9942
SunTrust Dennie Oliver 2400 S. Federal Hwy. Stuart, FL 34994
772-223-6526
Jorge Santana 772-621-9106 1301 NW St. Lucie West Blvd. Port St. Lucie, FL 34986 Premier Mortgage Funding Inc. Vanessa Coniglio 772-403-5888 850 NW Federal Hwy. Ext. 1037 Suite 106 Stuart, FL 34994
USDA Rural Development Marilu Gutierrez 863-763-3345, 454 NW Hwy. 98 Ext 503 Okeechobee, FL 34972
Information on this page is subject to change. Please call (772) 288-5495 to confirm information is current.
Application.FY0607SHIP-WEB
Page 3 of 12
MANDATORY FIRST–TIME HOMEBUYER’S WORKSHOP Presented by: Consumer Credit Counseling Service
FOR RESERVATIONS CALL: (866) 616-3720
Note: The workshop must be attended by both individuals who are Purchasing the home and/or whose names will appear on the deed. Attendees will receive certificates of attendance. Upon receipt, please provide a copy for your SHIP file.
Application.FY0607SHIP-WEB
Page 4 of 12
Applicant #_____________ MARTIN COUNTY SHIP PROGRAM APPLICATION FOR ASSISTANCE
DATE: _________________
HOME PHONE #_____________________ WORK PHONE#_____________________
APPLICANT:______________________ MARITAL STATUS: Married
SOCIAL SECURITY#_________________ Divorced Widow/Widower Never Married
Separated
CO-APPLICANT:___________________ SOCIAL SECURITY#_________________ Type of Assistance Requested: Emergency Repair New Construction Impact Fee Deferment Rehabilitation Down-Payment Assistance If you are applying for Emergency Repair or Rehabilitation, briefly state the nature of the repairs below on pages 5 and/or 6, or on a separate sheet of paper. Also include a copy of the most recent property appraiser home tax statement and a copy of your home owner's insurance declaration sheet. Also, state the day and time you are available for an inspection of your home.
ALL OF THE FOLLOWING INFORMATION WILL BE VERIFIED, PLEASE PROVIDE THE CORRECT ADDRESSES!!!!! ********************************************************************************************** MAILING ADDRESS: City STREET ADDRESS: City State Zip State Zip
How long have you lived at the present address?_____________ Do you: Own ____ Rent____ Other __________ Nature of needed repairs to your existing home: (Please use back side of paper if needed)
Application.FY0607SHIP-WEB
Page 5 of 12
Monthly mortgage payment/rent payment: Present a copy of a mortgage statement indicating the principle, balance, taxes and insurance or if you rent, your Landlord`s name, address, phone number and/or a copy of your lease agreement: NAME: ADDRESS: CITY, STATE, ZIP: Mortgage account number: MEMBERS OF HOUSEHOLD TO INCLUDE: (Applicant, individual, family, or group of individuals living together in the house). Date of Name Relationship Age Birth
**********************************************************************************************
Application.FY0607SHIP-WEB
Page 6 of 12
APPLICANT List present employer first and go back two years from Date of Application. Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week: thru Phone Number:
Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week:
thru Phone Number:
Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week:
thru Phone Number:
********************************************************************************************** If more than one form is required because there is more than one household member over age 18, use a photocopy of these pages.
Application.FY0607SHIP-WEB
Page 7 of 12
CO-APPLICANT and/or HOUSEHOLD MEMBER 18 YEARS OF AGE OR OLDER: List present employers first and go back two years from date of application. Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week: thru Phone Number:
Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week:
thru Phone Number:
Date of Employment: Beginning Name of Employer: Address of Employer: City and State: Title/Type of Work: Rate of Pay: Reason for Change: Hours per Week:
thru Phone Number:
**********************************************************************************************
Application.FY0607SHIP-WEB
Page 8 of 12
APPLICANT Bank Accounts: Name and Address of Bank: Checking Acct. No.: Savings Acct. No.: Other Acct. Info.: Phone Number:
Name and Address of Bank: Checking Acct. No.: Savings Acct. No.: Other Acct. Info.:
Phone Number:
CO-APPLICANT and/or HOUSEHOLD MEMBER 18 YEARS OF AGE OR OVER: Bank Accounts: Name and Address of Bank: Checking Acct. No.: Savings Acct. No.: Other Acct. Info.: Phone Number:
Name and Address of Bank: Checking Acct. No.: Savings Acct. No.: Other Acct. Info.:
Phone Number:
Application.FY0607SHIP-WEB
Page 9 of 12
CASH HOUSEHOLD INCOME SUMMARY: Applicant's: 2006 Estimated Total Earnings
Co-Applicant's/Household Members' 18 Years of Age or Over:
2006 Estimated Total Earnings
Does anyone in the household receive any of the following sources of income (please provide monthly amount): Interest and/or Dividends Net Income from Business (Please, include a quarterly loss and profit statement and an affidavit of anticipated net income for the next twelve months.) Rental Income (Please provide the property tax statement and indicate if there is a mortgage on the property.) Social Security, Pensions, Retirement Funds Unemployment Benefits, Workers Compensation, etc. Alimony, Child Support (Please, include a copy of your divorce decree'.) Welfare Payments (Please include your case worker's name and phone number.) Regular gifts from family and friends (Please include a statement from family and/or friends of the amount given to you.) Other. Please explain: Total Sources of Income Received: ************************************************************************************************ LIST CURRENT ASSETS OF ALL HOUSEHOLD MEMBERS: Real Estate Individual Retirement Account (IRA, 401K) Whole life or universal life insurance policy Savings Accounts Additional Assets Total Income from Assets:
Are there any judgments or liens against the applicant or co-applicant? If the answer to the above question is yes, please explain.
Application.FY0607SHIP-WEB
Page 10 of 12
************************************************************************************************ All applications are subject to the Public Records laws of Florida, FS Chapter 119. Applicant Statement: The information on this form is to be used to determine maximum income for eligibility. I/we have provided for each person 18 and over acceptable verification of current anticipated annual income. I/we certify that the statements are true and complete to the best of my/our knowledge and belief under penalty of perjury. WARNING: Florida Statute 817 provides that willful false statements or misrepresentation concerning income and assets or liabilities relating to financial condition is a misdemeanor of the first degree and is punishable by fines and imprisonment provided under S 775.082 or 775.83.
Applicant Co-Applicant Household Member 18 or over
Date Date Date
Application.FY0607SHIP-WEB
Page 11 of 12
AUTHORIZATION TO VERIFY INFORMATION This is your authority to verify my bank accounts, employment, outstanding debts, including any present or previous mortgages, awards of social security, AFDC, SSI and to make any other inquiries pertaining to my qualifications for receiving assistance from the SHIP Program. You may make copies of this letter for distribution to any party with which I have a financial or credit relationship and that party may treat such copy as an original. Privacy Act Notice: This information is to be used by the agency collecting it or its assignees in determining whether you qualify as an applicant for the SHIP Program. It will not be disclosed outside the agency except as required and permitted by law. You do not have to provide this information, but if you do not, your application for approval may be delayed or rejected for SHIP funds. DATE: NAME OF APPLICANT: SOCIAL SECURITY #:
NAME OF CO-APPLICANT: SOCIAL SECURITY #:
NAME OF HOUSEHOLD MEMBER 18 OR OVER: SOCIAL SECURITY #:
CURRENT ADDRESS:
PREVIOUS ADDRESS:
I AUTHORIZE THE RELEASE OF ANY INFORMATION PERTINENT TO THE ABOVE. I AUTHORIZE THE CREDIT BUREAU TO ENTER MY CREDIT FILES WITH ANY OTHER CREDIT BUREAU OR ORGANIZATION NECESSARY. ___________________________ APPLICANT ___________________________ CO-APPLICANT ___________________________ HOUSEHOLD MEMBER 18 OR OVER _________________ DATE _________________ DATE _________________ DATE
Application.FY0607SHIP-WEB
Page 12 of 12