Get Ncb Pre-qualification Worksheet

Completing the NCB Pre-qualification Worksheet is an essential step for community associations seeking financing. This guide provides clear, step-by-step instructions to help you navigate the online form efficiently.

Follow the steps to successfully complete the NCB Pre-qualification Worksheet.

1. Click ‘Get Form’ button to obtain the NCB Pre-qualification Worksheet and open it in your preferred online editor.
2. Begin by completing the required applicant information section. Enter the name of your cooperative or community association, followed by the contact person's details, address, city, state, zip code, phone number, fax number, and email address.
3. Provide detailed information about your cooperative or community association. Fill in the number of units, average monthly assessment, date the association was formed, and balance in reserve accounts.
4. Continue with the use of financing proceeds and the average selling price of a unit. Also, include the number of units rented or sublet, the total balance of 30+ days past due assessments, and the amount of financing requested.
5. Gather and attach important documents, including a copy of the current budget and last year’s financial statements as specified in the form.
6. Once you have completed the form and gathered all necessary attachments, you can return the completed package by faxing it to (703) 647-3495 or mailing it to the address provided in the instructions.
7. Finally, review your entries for accuracy, save any changes made to the online document, and ensure that your submission is sent either via fax or mail.

Take the first step towards financing your community association by completing the NCB Pre-qualification Worksheet online today.