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Tangible net benefit form il 2026

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  1. Click ‘Get Form’ to open the tangible net benefit form in the editor.
  2. Begin by entering the Borrower’s Name and Loan Number in the designated fields at the top of the form.
  3. Indicate whether this is a refinance of the Borrower’s primary residence by selecting 'YES' or 'NO'. If 'NO', ensure to include a copy of this worksheet indicating it is not for a primary residence.
  4. Proceed through questions 1-9, answering each with 'YES' or 'NO'. These questions assess various aspects of the loan's benefits and implications.
  5. If any question from 1-9 is answered 'YES', provide an explanation in the space provided on how the loan benefits the borrower.
  6. Finally, fill in your name as the person completing this worksheet, and have both Borrower and Co-Borrower acknowledge their agreement by signing and dating at the bottom.

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