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How to use or fill out Tangible Net Benefit Worksheet - InterBank with our platform
- Click ‘Get Form’ to open the Tangible Net Benefit Worksheet in the editor.
- Begin by filling in the 'General Information' section. Enter the lender's name, loan number, loan originator/processor details, borrower names, property address, city, state, and zip code.
- Proceed to the 'Loan Information' section. Input details for both the new and previous loans including loan dates, amounts, terms, types (fixed-rate or adjustable), current note rate, payment amounts, points & fees costs, and any applicable prepayment penalties.
- In the 'Statement of Borrower Benefits' section, check all applicable benefits that apply to your refinancing situation. This includes product changes and financial improvements.
- Complete the 'Borrower Certification' section by signing and dating where indicated. Ensure all information is accurate before finalizing.
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