TEST Homebuyer Education 2020 One-on-One Packet Step 1 of 14 7% The one-on-one consultation is designed to help you become more prepared for the home purchase process and home ownership. Wyoming Housing Network's accredited homeownership counselors will provide you with information, tools and resources that will help you become a successful homeowner and reach your financial goals in your new home! Step 1: Submit the fully completed One-on-One packet to Wyoming Housing Network Step 2: Call the Wyoming Housing Network to schedule your One on One appointment. In Casper call 307-233-8518 Outside of Casper call 877-5491402 ext 9 or 307-233-8518 Or schedule on-line at www.whninc.org Please schedule appointments early as we do book up quickly. Questions about completing the forms? Call Wyoming Housing Network, Inc 307-233-8518 Client Services Disclosure Statement, Release of information and Disclaimer of Liability Wyoming Housing Network, Inc. (WHN) offers home buyer education, rental counseling, foreclosure prevention counseling, financial capabilities programs and reverse mortgage counseling. WHN also develops affordable housing. I acknowledge that I have been informed of the agency’s activities. All participants in WHN’s programs are free to make their own choice of services and companies that can assist with the home purchase process. I understand that participants are not obligated to receive, purchase or utilize any other services offered by WHN or its partners in order to receive housing counseling services. I agree to release any information pertaining to my Closing Disclosure and loan documents. I also permit the Wyoming Housing Network, Inc. to obtain this information from my lender or title company, to be compliant with HUD (Department of Housing and Urban Development) regulations. I certify that I have received a copy of "Ten Important Questions to Ask Your Inspector," and fully understand the importance of having a home inspection. I understand that The Wyoming Housing Network, Inc. is not a legal representative and that the Wyoming Housing Network, Inc. and my housing counselor will not be representing me in any capacity other than as a homeownership counselor providing general information. I understand that foreclosure financing and home purchase are legal transactions and proceedings, and that I should hire an attorney to receive legal advice and/or representation. If you require help due to a disability or language barrier, please contact Wyoming Housing Network for assistance.Your Name* First Last Your Email* E-Signature*Date* MM slash DD slash YYYY Goals and TimelinesAs part of your counseling requirements we will disucss the reason for your counseling session, your housing goal and short and long term goal objectives to move you forward. Please answer the following questions. Housing Goal*Choose OnePurchase HomePrepare for HomeownershipBuild Savings for Down PaymentOvercome Credit ChallengesGoal Timeline*Choose One3 months12 monthsLonger than one yearUnder ContractShort-Term Goal Objective* This is a short-term objective that will helps you reach your housing goal. It should take you less than 6 months to achieve: Examples: Close on Home, Save specific amount of money, Reduce debt by a specific amount, find a lender etc.Long-Term Post Purchase Goal* This is a goal set for after you purchase your home. It helps you reach your long-term housing goals in the future. It could take 6 months or many years to accomplish. Examples: Pay off home early, be debt free, purchase a new car, etc.Closing Date Projected Monthly Budget - HousingBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.First mortgage - principal & interestSecond mortgage - principal & interestProperty TaxesHomeowners InsuranceMortgage InsuranceHomeowners Association duesProjected Monthly Budget - UtilitiesElectricGasWater/Sewer/TrashTelephone/CellCable/Satellite/Internet Projected Monthly Budget - TransportationBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Car payment #1Balance on Car 1Car payment #2Balance on Car 2GasAuto InsuranceCar InspectionCar Repair & MaintenanceLicense plates & registration feesPublic TransportationParking, tolls & other transportation expensesProjected Monthly Budget - FoodGroceriesEating outSchool lunchesWork related (lunches or snacks)Other Food Expense Projected Monthly Budget - InsuranceBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Health (medical/dental if not payroll deducted)LifeDisabilityOther Insurance ExpenseProjected Monthly Budget - MedicalDoctorDentistPrescriptionsChiropractorOther Medical ExpenseProjected Monthly Budget - ChildcareChildcare or babysitterChild support/Alimony payments Projected Monthly Budget - ClothingBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.ClothingLaundry/dry cleaningProjected Monthly Budget - DonationsTitheCharityProjected Monthly Budget - EducationTuition & lessonsBooks, papers & suppliesNewspapers & magazinesOther Education ExpenseProjected Monthly Budget - GiftsBirthdaysHolidaysOther GiftsProjected Monthly Budget - PersonalBarber, beauty shop, nails and massagesToiletriesChildren's allowanceTobacco allowanceBeer/wine/liquorHouseholdOther Personal Expense Projected Monthly Budget - EntertainmentBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Movies, sporting events, concertsVideo rentals & streamingGambling & lottery ticketsFitness clubsVacation or tripsHobbies or craftsOther Entertainment ExpenseProjected Monthly Budget - MiscellaneousHome maintenance & furnishingsChecking account feesPet care & suppliesPostageMembership Fees (food, household goods, travel, etc.)Other Miscellaneous Expense Projected Monthly Budget - DebtsBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Student Loan PaymentsStudent Loan BalanceCredit Card #1 PaymentsCredit Card #1 BalanceCredit Card #2 PaymentsCredit Card #2 BalanceCredit Card #3 PaymentsCredit Card #3 BalanceCredit Card #4 PaymentsCredit Card #4 BalanceMedical Debt paymentsMedical Debt BalancePersonal loan paymentsPersonal loans BalanceOther Debt #1 paymentsOther Debt #1 BalanceOther Debt #2 paymentsOther Debt #2 BalanceProjected Monthly Budget - Other ExpensesMonthly savings Projected Monthly Budget - IncomeBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Salary #1 (Gross) Before Taxes and DeductionsSalary #1 (Net) Actual Take Home PaySalary #2 (Gross) Before Taxes and DeductionsSalary #2 (Net) Actual Take Home PaySocial Security Income (Net)Unemployment Income (Net)Disability Income (Net)Child Support (Received)Alimony (Received)Other Income #1 (Net)Other Income #2 (Net)Other Income #3 (Net)Deductions from IncomeIRA deduction401k deductionHealth Savings/Other deduction Projected Monthly Budget - PropertyBudget will automatically calculate mathematical equations. Please enter projected monthly household expenses.Estimated Property ValueFirst Mortgage BalanceSecond Mortgage BalanceTotal Mortgage(s) Balance For Office Use OnlyTotal GROSS Monthly IncomeTotal NET Monthly IncomeTotal Monthly ExpensesTotal Housing PaymentsTotal Debt PaymentsDifference (Net Income - Expenses)Total Loan to Value (LTV)First Mortgage LTVTotal PITI, MI, HOAHousing Ratio (Total House Payment / Gross Income)First Mortgage Housing RatioHousing Expenses + DebtTotal Debt RatioHousing+Debt / Gross Income Budgeting Tips Spending small amounts of money can add up to big bucks over time. Use the chart below to see where money might be leaking out of your wallet. That leaking could go toward helping you meet your goals. Add to this list any small-but frequent-purchases you make and see how much those purchases cost you over a year.Phone/Cell Services (cost per month)Phone/Cell Services (cost per year)Cable TV (cost per month)Cable TV (cost per year)Coffee/lattes (cost per month)Coffee/lattes (cost per year)Check Cashing Store Fees (cost per month)Check Cashing Store Fees (cost per year)Cigarettes (cost per month)Cigarettes (cost per year)Drinks out with friends (cost per month)Drinks out with friends (cost per year)Eating Out (cost per month)Eating Out (cost per year)Magazines/Newspapers (cost per month)Magazines/Newspapers (cost per year)Snacks/Convenience Store (cost per month)Snacks/Convenience Store (cost per year)Extra Purchases (cost per month)Extra Purchases (cost per year)Entertainment (cost per month)Entertainment (cost per year)Other #1 (cost per month)Other #1 (cost per year)Other #2 (cost per month)Other #2 (cost per year)Other #3 (cost per month)Other #3 (cost per year)Total Monthly CostsTotal Yearly Costs Mortgage InformationIf you do not have exact costs estimates are fine.Purchase Price of HouseLender's Name First Last Lender's PhoneLender's Email Type of Mortgage Loan (check) WCDA USDA Habitat for Humanity Teton County Housing Authority Other Please specify other Mortgage Loan type First Mortgage Loan AmountAnnual Percentage RateNote: add rate as %. Example: 3.45Second Mortgage Loan AmountAnnual Percentage RateNote: add rate as %. Example: 3.45Estimated Yearly Property TaxesEstimated Yearly Homeowners InsuranceEstimated Yearly Mortgage Insurance Submit your One-on-One FormOnce you submit this form, you won’t be able to return to make corrections. But, don’t worry! You can update any info with the housing counselor during your appointment.Untitled
