Good afternoon to all,
I have a question regarding liability and assets.
* What information do I have to put under assets, our only assets are our monthly salaries. Do we only include our salaries, if so do we include monthly salary or yearly? Do we only include my husbands (main applicant) or both our salaries?
*Under liabilities we have an education loan for our kids school paid in 1 year span do we include that, if so do we include monthly payments or what the whole loan amount is or what we owe until date of application?
* Do credit card debts have to be included?
* Do other personal loans have to be included (whole loan amount or what we owe until date of application or what we pay monthly on the loans?
* Do we include the bank certificate for the POF as part of our assets?
My father is giving me the money as a gift and will do so when I am close to applying, I will put the money in a bank certificate with my name, do you think they will ask where I got the money from? I have to take another loan to pay other things, will they investigate why I took that loan or think its for the POF? My husbands the main applicant, do they investigate me?
Thank you so much, for the great job you all do.