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Tangible Net Benefit Worksheet - Arizona
Tangible Net Benefit Worksheet is a legal document that was released by the Arizona Department of Housing - a government authority operating within Arizona.
FAQ
Q: What is a Tangible Net Benefit Worksheet?
A: A Tangible Net Benefit Worksheet is a document used in Arizona to evaluate the financial benefit of refinancing a mortgage.
Q: Why is a Tangible Net Benefit Worksheet required?
A: A Tangible Net Benefit Worksheet is required to ensure that refinancing a mortgage will provide a tangible financial benefit for the borrower.
Q: What information does the Tangible Net Benefit Worksheet include?
A: The Tangible Net Benefit Worksheet includes information such as the current and proposed loan terms, estimated monthly payment changes, and the total costs of the refinance.
Q: Who fills out the Tangible Net Benefit Worksheet?
A: The Tangible Net Benefit Worksheet is typically filled out by the mortgage lender or loan officer.
Q: What is the purpose of evaluating the tangible net benefit?
A: The purpose of evaluating the tangible net benefit is to protect borrowers from entering into a refinancing agreement that may not be in their best financial interest.
Form Details:
- Released on December 1, 2020;
- The latest edition currently provided by the Arizona Department of Housing;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Arizona Department of Housing.
Download Tangible Net Benefit Worksheet - Arizona
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