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Begin by filling out your personal information in the designated fields, including your name, address, and contact details. Ensure accuracy as this information is crucial for the lender.
In Section I, categorize your assets and liabilities. Start with assets such as cash on hand, life insurance values, and real estate owned. Enter amounts in thousands and hundreds as specified.
Proceed to Section II to provide detailed information about each asset and liability. For example, list bank accounts under 'Cash in Banks' and include notes due to banks under liabilities.
Complete the annual income and expense estimates at the end of the form. This section helps lenders assess your financial health.
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