Get Under $5,000 Asset Certification - Nhhfa
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How to fill out the UNDER $5,000 ASSET CERTIFICATION - Nhhfa online
The UNDER $5,000 ASSET CERTIFICATION form is essential for households with combined net assets not exceeding $5,000. This guide provides clear instructions to help users easily complete the form online, ensuring all necessary information is accurately reported.
Follow the steps to complete the form efficiently.
- Press the ‘Get Form’ button to access the form and open it in the editor.
- Begin by filling out the household name, unit number, and development name along with the city.
- Complete section 1 by listing all applicable assets, including their cash values. Use the designated fields to provide this information for each asset.
- Indicate the interest rate for each asset listed and calculate the annual income by multiplying cash value by the interest rate.
- For section 2, declare if you have sold or given away assets in the past two years for less than fair market value. If so, include the total amounts involved.
- In section 3, affirm whether you have not sold or given away assets at below fair market value during the past two years.
- In section 4, confirm if you have no assets at this time.
- Fill in the total net family assets and annual income from those assets. Certify the information by signing and dating the document.
Complete your UNDER $5,000 ASSET CERTIFICATION form online today to ensure your household is properly documented.
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Fill UNDER $5,000 ASSET CERTIFICATION - Nhhfa
Complete only one form per household; include assets of children. SWORN STATEMENT of NET FAMILY ASSETS. See HUD Handbook 4350.3 for complete instructions on verifying and calculating income from assets, including acceptable forms of verification.
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