4155.1 REV-4
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                                        INDEX
                           (Listed by subject and paragraph)
 
                        A
 
Acquisition Cost  1-6(B)
 
Alimony
    As Liability  2-l1(A)
    As Income  2-7(F), 2-9(C)(1)(h), 3-14(H)
 
Amendatory Clause  3-5
 
Application  3-2(A), 3-3(A)
 
Assumptions Chap.4
 
Attachment "A"  1-7(B)(2), App. VI
 
Auto Allowance  2-7(M)
 
                        B
 
Bank Statements  3-2(G)
 
Bankruptcy  2-3(F), 2-4(C)
 
Borrower Identification  3-3(D)
 
Building on Own Land  1-8(D)
 
Buydowns  2-14
 
                        C
 
Cash-on-hand  2-10(M)
 
Citizenship, not required  2-2(B)
 
Child Care Expenses  2-11(A)
 
Child Support
   As Liability  2-11(A)
   As Income  2-7(F)
 
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Closing Costs  1-7(A)(1)
 
Commission Income  2-7(D)
 
Community Property States  2-2(C)
 
Compensating Factors  2-13
 
Concessions
    Financing   1-7(B)(2)
    Sales  1-7(B)(1)
 
Contingent Liabilities  2-11(B)
 
Construction Stage  1-6(B)(2)
 
Co-Borrowers
    Non-Occupants  1-8(B)
    On Title  2-2(A)
 
Cosigners  2-2(A)
 
Credit
    Documents (Age of)  3-2
    History 2-3
    Reports 3-3(B)
 
Credit Alert System (CAIVRS)  2-4(C)
    Streamline Refinances  1-12
    Assumptions  4-4(C)
 
                        D
 
Debt-to-Income Ratio  2-12
 
Deposit Verification  3-2(G)
 
Depreciation  2-9(C)(1)(c), 2-9(C)(2)
 
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Disclosure Statement  3-2(B)
 
Discount Points  1-7(A)(1), 3-8
 
                        E
 
Earnest Money  2-10(A)
 
Effective Income  2-5
 
Employer Assistance  2-10(I)
 
Employment  2-7
 
Energy Efficient Homes  2-12(C)
 
Equal Credit Opportunity Act (ECOA)  3-14(C)
 
                        F
 
Face-to-Face Interview  3-6, 4-4(B)
 
Fair Housing Regulations  3-14
 
Federal Obligations  2-4(B)
 
Foreclosure  2-3(E)
 
Funds for Closing  2-10
 
                        G
 
General Contractor  1-8(D)
 
Gift Funds  2-10(C)
 
Gross Income  2-12
 
                        H
 
Hotel and Transient Use  3-11
 
HUD-1 Settlement Statement  2-10(E)
 
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HUD-Owned (PD) Properties  1-4
 
                        I
 
Identity-of-Interest  1-8
 
Income
    Alimony  2-7(F)
    Commission  2-7(D)
    Interest and Dividend  2-7(H)
    Non-taxable Income  2-7(0)
    Overtime and Bonus  2-7(A)
    Part-time and Seasonal  2-7(B)
    Projected  2-7(P)
    Ratios  2-12
    Rental  2-7(L)
    Retirement  2-7(E)
    Salary and Wage  2-7
    Self-Employed  2-9
    Social Security  2-7(E)
    Trust  2-7(N)
    Unacceptable  2-5
 
Income Tax Returns  2-9, 3-2(H)
    Corporate (IRS 1120)  2-9(C)(2)
    Partnership (IRS 1065)  2-9(C)(4)
    "S" Corporations (IRS 1120S)  2-9(C)(3)
    Schedules B  2-9(C)(1)
 
Income Verification  3-2(F)
 
Interest Rate  3-8
 
Investor Mortgages  1-4, 1-5
 
In-file Credit Reports  4-4(C)
 
                        L
 
Land Contracts  1-8(E)
 
Land Equity/Value  1-8(D)
 
LDP List  2-4(A)
 
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Legal Documents  3-13
 
Lender-Paid Closing Costs  1-7(A)(1)
 
Living Trusts  2-2(E)
 
Loan-to-Value Ratio
     Co-borrowers and  1-8(B)
     Identity-of-Interest  1-8(A)
     Financing Concessions and
     Maximum Financing  1-6(B)
     Payoffs of Land Contracts  1-8(E)
     Purchase Transactions  1-6(B)
     Refinances  1-12
     Subordinate Financing and  1-13
 
                        M
 
Maximum Mortgage Amount  1-6
 
     Built on Own Land  1-8(D)
     Co-Borrowers and  1-8(B)
     Construction Stage of Property  1-6(B)(1)
     Land Contracts  1-8(E)
     Identity-of-Interest  1-8(A)
     Owner-Occupied  1-6(B)(2)
     Refinances  1-11
     Secondary Residences  1-6(B)(4)
     Solar Energy System  1-7(C)(1)
     Statutory Limits  1-6(A)
     Three- and Four-Unit Properties  1-8(C)
     Values > $50,000  1-6(B)(1)
     Veterans  1-6(B)(2)
 
Military Personnel  2-2(D), 3-6(A), 3-7(A)
 
Minimum Investment  1-9
 
Mortgage Credit Certificates  2-7(I)
 
Mortgage Insurance Premium  1-6
 
Mortgage Limits  1-6(A)
 
Mortgage Payment-to-Income Ratios  2-12
 
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                        N
 
Non-Profit Organizations
 
     -As Borrowers  1-5
     -Providing Secondary Financing  1-13
 
Non-Purchasing Spouse  2-2(C)
 
Non-Realty Items  1-7(B)(1)(d), 1-9(C)
 
Note (Mortgage)  2-2(A), 3-13(A)
 
                        O
 
Obligations
     Not Considered  2-11(D)
     Projected  2-11(C)
     Recurring  2-11(A)
 
Occupancy Status  1-2
 
                        P
 
Payment Record  2-3(A)
 
Personal Property Items
     -In Mortgage Amount  1-7(B)
     -Sales of  2-10(G)
 
Picture Identification  3-3(D)
 
Power of Attorney  3-7
 
Premium Interest Rate
     -On Purchases  1-7(A)(1)
     -On Refinances  1-12(C)(6)
 
Prepaid Expenses
     -Paid by Seller  1-7(B)(1)(a)
     -As Settlement Costs  1-9(A)
 
Principal Residence  1-2
 
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Projected Obligations  2-11(C)
 
Property Disposition Sales  1-4(B)
 
Proposed Construction  1-6(B)(1)
 
                        Q
 
Questions and Answers  Appendix I
 
                        R
 
Ratios
     Debt-to-income  2-12
     Energy-efficient homes  2-12(C)
     Mortgage payment-to-income  2-12
     Loan-to-value  1-6(B), 4-5
     Total fixed payment-to-income  2-12
 
Real Estate Broker Fees  1-7(B)(1)(d), 1-7(C)(2)
 
Real Estate Certification  3-4
 
Real Estate Commissions
     -As Assets to Close  2-10(P)
     -As Sales Concession 1-7(B)(1)(d)
     -In Mortgage Amount  1-7(C)(2)
 
Recurring Obligations  2-11(A)
 
Refinance Transactions  1-10
 
Release from Liability  4-3
 
Rent Credit
     -As Assets  2-10(N)
     -As Sales Concession  1-7(B)(1)(c)
 
Rental Income  2-7(L)
 
Repairs and Improvements  1-7(A)(2)
 
Residency Requirements  1-2, 2-2(B)
 
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Residential Mortgage Credit Report  3-3(B)
 
Room and Board Income  2-7(L)
 
Rural Outreach Areas  3-6(D)
 
                        S
 
Sales Agreement  3-2(I), 3-12
 
Sales Concessions  1-7(B)(1)
 
Sales Proceeds  2-10(E)
 
Seasoning Requirements  1-11(A)
 
Second Homes  1-3
 
Secondary Financing  1-13
     -On Assumptions  4-4(D)
 
Secondary Mortgages
    Refinances of  1-11
 
Security Instruments  3-13(A)
 
Self-Employed Borrowers  2-9
 
Settlement Requirements  1-9
 
Seven-Unit Limitation  3-10
 
Signature Requirements  3-13(A)
 
Social Security Number  3-3(D)(2)
 
Solar Energy System  1-7(C)(1)
 
Sources of Funds  2-10
 
Spouse Information  2-2(C)
 
Stability of Income  2-6
 
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Statutory Limits  1-6(A)
 
Streamline Refinance  1-12
 
Subordinate Liens
     -On Streamline Refinances  1-12(c)(9)
     -Seasoning Requirements  1-12(A)
 
Sweat Equity  2-10(O)
 
                        T
 
Tax Returns  2-9, 3-2(H)
     Corporate (IRS 1120)  2-9(C)(2)
     Partnership (IRS 1065)  2-9(C)(4)
     "S" Corporations (IRS 1120S)  2-9(C)(3)
     Schedules  2-9(C)(1)
 
Three- and Four-Family Units  1-8(C)
 
Title to Property  3-13
     Changes to  1-12(C)(7), 4-3(A)
 
Trade Equity  2-10(F)
 
                        U
 
URLA  3-2(A)
 
Underwriting
     Buydowns  2-14(A)
     Credit documents  3-2
     Debt-to-income ratios  2-12
     Self-employed borrowers  2-9
 
                        V
 
Verifications  3-3(C)
 
Veterans  1-6(B)(2)
     VA benefits  2-7(J)
 
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                        W
 
Waivers  1-12(C)(8)
 
Weatherization  1-7(A)(3)
 
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*U.S. Government Printing Office: 1992 - 312-218/60201                6/92

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