Document 277094

 The Industrial Development Authority of the County of Pima and The Industrial Development Authority
of the City of Tucson, Arizona (collectively, the “Authorities”)
IDA of County of Pima EIN: 86-0445981
IDA of City of Tucson EIN: 86-1045487
HOMEBUYER’S SOLUTION PROGRAM – GRANT FUNDING/WIRE TRANSFER REQUEST
This form cannot be handwritten. You may only submit a form that was generated from the eHousingPlus
Lender Portal AFTER an Underwriter Certification has been submitted online.
DPA Funding Request forms must be submitted 3 business days prior to funding to assure timely processing.
WIRE TRANSFER/FUNDING REQUEST FORM
Participating Lender Name:
Lender Contact:
Lender Contact Phone:
Underwriter Certified Date:
Date of Request:
Loan Closing Date:
A minimum three (3) business day notice to allow for the timely transfer of funds.
Loan Amount:
Wire Request Amount:
Wiring Instructions
Bank:
Bank Address:
Bank Phone:
ABA #
Closing Agent/Title Company:
ATTN:
Phone Number / Email:
Account #:
Borrower(s) Name:
Reference/GF #/File Number:
Property Address:
US Bank Loan Number:
Printed on:
Wire Transfer /Funding Request Form print, sign, and fax to Community Investment Corporation to the attention
of: Frank Valenzuela at 520-908-6045 (f)
(if above fax# fails please email- frankv@cictucson.com ; lisa@cictucson.com
The undersigned hereby represents that [he/she] is authorized to execute this Funding Request on behalf of the
Participating Lender shown above and that all of the above information is true and correct.
Date:
Printed Name
Signature of Authorized Officer
Title:
SERVICER LOAN #
IDA’s of Pima/Tucson
2012 Program
COMPLIANCE FILE CHECKLIST
MORTGAGOR NAME
LENDER NAME
CONTACT NAME
AC & Phone
E-MAIL ADDRESS OF CONTACT PERSON
Lender Loan #
AC & Fax
Binding the items below in the order indicated, assures faster processing.
Compliance Review Fee of $225
Corporate Checks only made payable to eHousingPlus
Include name of Borrower and Property address
THIS CHECKLIST
ORIGINAL HOMEBUYER CERTIFICATION AND AFFIDAVIT
COPY Notice of Down Payment Assistance
COPY of FINAL EXECUTED LOAN APPLICATION - 1003
COPY of EXECUTED SETTLEMENT STATEMENT - HUD1
COPY of WARRANTY DEED
COPY of Homebuyer Education Certificate
THE COMPLETE FILE IS SUBMITTED TO eHousingPlus :
eHousingPlus, 3050 Universal Blvd., Suite 190, Weston, FL 33331
PLEASE NOTE: MORTGAGE FILE, INCLUDING CREDIT PACKAGE, AND RECORDED
DOCS ARE SENT TO U S BANK.
Loan #
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE COUNTY OF PIMA
AND
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF TUCSON, ARIZONA
REVOLVING TAXABLE
SINGLE FAMILY MORTGAGE PROGRAM OF 2012
“PIMA TUCSON HOMEBUYER’S SOLUTION”
HOMEBUYER CERTIFICATION AND AFFIDAVIT
Under the penalty of perjury, the undersigned does hereby swear or affirm as follows:
1.
Requirement to Participate. Participation in the above-referenced Program created by The
Industrial Development Authority of the City of Tucson, Arizona (the “Tucson IDA”) and The
Industrial Development Authority of the County of Pima (the “Pima IDA”, and with the Tucson
IDA, individually and collectively, the “Authorities”) requires the participating homebuyers to
make certain representations and certifications to the Authorities.
2.
Low and Moderate Income. The undersigned hereby acknowledges and certifies that the
undersigned have a household income which does not exceed $65,500.00 annually.
3.
No Prior Financial Residence. The undersigned hereby certifies that the undersigned have not
received, within the 3 year period immediately preceding the date of the mortgage loan,
another mortgage loan directly or indirectly financed from the proceeds of bonds issued by the
Authorities, the Tucson IDA or the Pima IDA.
4.
Higher Mortgage Loan Interest Rate. The calculation of the interest rate on this mortgage loan
is based upon the addition of the 4% down payment and/or closing cost assistance which has
been requested by the undersigned, and therefore, the interest rate on this mortgage loan is at
a higher interest rate than could otherwise be obtained (or may be available) to the homebuyer
if no down payment or closing cost assistance were included. The undersigned acknowledges
the undersigned is paying a higher mortgage loan interest rate because of the 4% down
payment and/or closing cost assistance and agrees to pay the higher mortgage loan interest
rate. The undersigned has made a determination that this is in the best financial interest of the
undersigned at this time.
Homebuyer #1:
Homebuyer #2:
Signature
Printed Name:
Date:
Signature
Printed Name:
Date:
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF TH E COU NTY OF PI MA
AND
TH E I N DU STR I A L DEVELOPM ENT AUTHOR ITY
OF THE CITY OF TUCSON. A R IZON A
REVOLVING TAXABLE
SINGLE FAMILY MORTGAGE PROGRAM OR 2012
PIMA/TUCSON HOMEBUYER’S SOLUTION
PROGRAM
To Lender:
Date:
The Industrial Development Authority of the Count y of Pima ("Pima I DA" and The Industrial
Development Authority of the City of Tucson. Arizona (Tucson IDA ; which with the Pima IDA
arc collectively the "Authorities"), each nonprofit corporations designated by statute as political
subdivisions of t he State of Arizona
From :
Su bject: Notice of Down Payment /Closing Cost Assistance G ra nt
Congratulations on participating in the "Pima Tucson Homebuyer's Solutions", the Revolving Taxable Single
Family Mortgage Loa n Program of 2012 (the "Program"), offered by t he Authorities. Please be advised that the
Authorities are providing a 4% down payment and/or closing cost assistance grant, with no repayment of the grant
required. recognizing that the interest rate on a mortgage loan will be higher t ha n otherwise available due to this
benefit : al l to be used in conjunction with t he Program as follows:
Homcbuycr(s):
Property Address:
Amount of" Gra nt (percentage of total loan a mount):
$
__
_
This grant will be funded by the Authorities. and no port ion of t hese funds was made available to the Authorities by
a person or entity with an interest in t he sale or the propcr1y . The grant will be funded at time of closing of the first
mortga ge loan .
THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE COUNTY OF PIMA
c/o Russo. R usso & Sla nia, P.C.
6700 North Oracle Road. Suite I 00
Tucson, Arizona 85704
(520) 529- 1 51 5
:
Pima IDA EIN:
86-0445981
:
By:_____________________________________
Tucson I DA EI N 86-1 045487
By:___________________________________
HOMEBUYER No. 1
HOM EBUYER No. 2:
Signature
Signature
Printed Name
Printed Name
Date:
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF TH E CIT Y OF TUCSON A R IZONA
c/o Bus ness Development Finance Corporation
335 North Wilmot Road, Suite 420
Tucson. Arizona 8571 1
( 520) 882-5591 ext. 1 26
Date : --