Sentences with phrase «documentation of the interest paid»

You must provide documentation of the interest paid, which must be provided by the bank or lending institution that extended the loan or is currently servicing the loan.

Not exact matches

Applicants must bring the following documentation to the outreach: 1) Proof of gross income received within the last 30 days for all household members a) Wages: If paid weekly, last four (4) paystubs b) Wages: If paid bi-weekly, last two (2) paystubs c) Award letters, if applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bill.

If they were serious about actually helping you, these zero percent offers would come with documentation or tools to help you figure out how to make consistent payments for a selected amount of time to eliminate the balance with zero or minimal interest paid.

For that reason, these loans require a substantial amount of documentation and you will pay interest rates that are higher than the norm.