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Community Association PreQualification Worksheet Important Applicant Information: Federal law requires financial institutions to obtain sufficient information to verify your identity. You may be asked.

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How to fill out the NCB Pre-qualification Worksheet online

Filling out the NCB Pre-qualification Worksheet online is an essential step for associations seeking financial support. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently.

Follow the steps to fill out the NCB Pre-qualification Worksheet online.

  1. Click ‘Get Form’ button to access the document and open it in your browser.
  2. Begin with the 'Important Applicant Information' section. Ensure you understand the identity verification requirements stated here.
  3. Move to the 'Loan Request Details' section. Enter the loan amount you are requesting and select the repayment term from options like 5 year, 7 year, or 10 year. You may also specify any other terms.
  4. Next, fill in the 'Purpose' field, stating the reason for the loan application.
  5. In the 'Applicant Information' section, provide the association name, mailing address, city, state, and zip code. Indicate if there is current litigation involving the association and whether a community vote is needed for the loan.
  6. Proceed to 'Property Description'. Fill in the physical address, city, state, zip code, and other details such as the number of buildings, year built, number of stories, units, and rentals.
  7. Complete the 'Management Company/Manager Information' section by entering the company name, contact details, and the property manager's information.
  8. In the 'Attach the Following' section, ensure to have the required documents ready for upload: current financial statements, past two years of financials, month-end delinquency reports, and a reserve study if available.
  9. Review the ‘Applicant Authorization’ section. Read the agreement carefully and ensure to provide all necessary signatures. Include the print name, date, and authorized signature.
  10. Finally, save your changes, download, print, or share the completed form as necessary.

Start completing your NCB Pre-qualification Worksheet online now to secure the necessary funding for your association.

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