Get Personal Financial Statement #2 - First Federal

The Personal Financial Statement #2 from First Federal is an essential document for individuals seeking to obtain or maintain credit. This guide aims to provide clear and supportive instructions for completing this form online, ensuring users can accurately and efficiently present their financial information.

Follow the steps to effectively complete your Personal Financial Statement.

1. Press the 'Get Form' button to download the Personal Financial Statement #2 form and open it in your preferred editing tool.
2. Begin by entering the date of the statement at the top of the form. This should reflect the current date you are completing the form.
3. Provide your full name and, if applicable, your business name. This section is crucial as it identifies who the financial statement belongs to.
4. Fill in your residential and business addresses, including city, state, and zip code, along with your contact numbers for both residential and business communication.
5. If this is a joint statement, list the names of any other individuals whose financial information is included. This is important for transparency and credit evaluation.
6. Complete the assets section by listing each asset type and its corresponding value in dollars, omitting cents. Include categories such as cash, marketable securities, retirement accounts, and real estate owned.
7. In the liabilities section, provide details of each liability type, including notes payable and any outstanding debts. Accurate reporting of liabilities is critical for assessing net worth.
8. Next, list your income sources such as salary, bonuses, and any additional income. Ensure to account for all forms of income, while noting that alimony or child support does not need to be disclosed unless you wish it to be considered.
9. Complete the personal information section, including date of birth and marital status. This is used to verify identity and assess financial history.
10. Review the contingent liabilities section, indicating if you are involved in any legal actions or have filed for bankruptcy, and provide any necessary explanations.
11. After filling out both sides of the form, ensure all information is accurate, complete, and reflects your current financial situation.
12. Finally, save the completed document. You can download, print, or share it as required, ensuring that all necessary parties receive the information.

Start filling out your Personal Financial Statement #2 online today for a smooth financial application process.