For-Sale Housing Programs - Pre-Qualification Interest List Questionnaire

City of Palm Desert Housing Department

73-510 Fred Waring Drive, Palm Desert, CA 92260

Telephone: (760) 346-0611

English HTML version of the full application package.

Application Overview

The following pre-qualification questionnaire provides the information necessary to determine whether you qualify to be placed on the interest list for the City of Palm Desert's for-sale housing programs. This does not guarantee or imply that you will be assisted with the purchase of a home.

If any listed applicant or household member is represented by a real estate agent or broker at any time during the application or purchase process, it must be disclosed. The Housing Department may correspond with your agent with regard to a property as a courtesy, but will assume no responsibility for payment of any fees to your agent.

It is important that you notify the Housing Department of any changes in your income, household size or composition, or any other information requested on the application while you are on the interest list. This helps the Housing Department determine whether you qualify for the next available home. If the Housing Department does not have your most current information when a suitable home becomes available, you may be notified that you do not qualify because your information was not updated.

Real Estate Agent Disclosure Question

Are you represented by a licensed real estate agent?

If yes, attach the Real Estate Agent Disclosure form.

Section I. Applicant Information

Applicant A1
Marital Status
Applicant A2
Marital Status

Section II. Household Information

Is anyone in your household a veteran?

Please list all household members who intend to occupy the property. Additional documentation may be required for minor household members who are not shown as dependents on tax returns or other legal filing documents. If more space is needed, attach a separate sheet.

Household Members
Name Social Security Number (Optional) Age Relation to Applicant Employed?
Are you a first-time home buyer?

Applicant(s) who have not owned a home during the three-year period preceding this questionnaire.

If you answered No, you do not qualify for this program.

Section III. Employment Information

Applicant A1 Employment
Applicant A2 Employment

If employed in the current position for less than two years, or if currently employed in more than one position, complete the following additional employment history:

Additional Employment History
Employer Name and Address Self-Employed Dates (From - To) Monthly Income Position/Title/Type of Business Business Phone

Monthly Income and Combined Housing Expense Information

Gross Monthly Income
Income Type Applicant A1 Applicant A2 Household Members Total
Base Employment Income
Overtime
Bonuses
Dividends/Interest
Net Rental Income
Other
Total

Notice: Alimony, child support, or separate maintenance income may be included here. Self-employed applicants may be required to provide additional documentation such as tax returns and financial statements.

Section IV. Assets and Liabilities

This statement and any applicable supporting schedules may be completed jointly by married or unmarried applicants if their assets and liabilities are sufficiently joined so the statement can be meaningfully and fairly presented on a combined basis. Otherwise, separate statements and schedules are required. If the Applicant A2 section was completed about a spouse, this statement and supporting schedules must be completed about that spouse as well.

Completed
Assets
Liabilities and Pledged Assets

List the creditor's name, address and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, and similar obligations. Use a continuation sheet if necessary.

Section V. Real Estate Information

Have you or any household member owned or sold any real estate, vacant land, or mobile home within the last 3 years?

If you answered yes, complete the information below.

Property Information
Property Address and Status Type of Property Present Market Value Amount of Mortgage and Liens Gross Rental Income Mortgage Payments Insurance, Maintenance, Taxes and Miscellaneous Net Rental Income
Have you directly or indirectly been obligated on any loan which resulted in foreclosure or transfer of title in lieu of foreclosure in the last 7 years?

Section VI. Acknowledgment of Requirements and Agreements

Initial your acknowledgment in the box for Applicant A1 and Applicant A2.

Acknowledgments
Requirement or Agreement Applicant A1 Initials Applicant A2 Initials
Buyers will need to execute an affordability covenant for up to 45 years to restrict affordability.
A down payment is required in order to purchase a home in a for-sale development. The down payment must be identified at the time of prequalification. Minimum stated amount: $4,000, but amount varies by development.
Applicants and co-applicants must agree to maintain the property as their principal residence during the entire affordable period.
I am aware that the Palm Desert Housing Authority does not warrant the condition or value of the property.
Right to Financial Privacy Act of 1978, 12 U.S.C. 3401 et seq. You authorize the Authority to have access to financial records held by financial institutions in connection with the consideration or administration of assistance to you. Financial records involving your loan and loan application will be available to the Authority without further notice or authorization, but will not be disclosed or released by the Authority to another government agency or department without your consent except as required or permitted by law.

Section VII. Applicants Certification

The information provided in this questionnaire and its attachments is true and correct as of the date set forth opposite my signature. Any intentional or negligent misrepresentation of the information contained in this questionnaire and its attachments may result in civil liability, including monetary damages, to any person who may suffer loss due to reliance upon any misrepresentation made in this questionnaire and its attachments. The Authority and its agents, brokers, insurers, servicers, successors, and assigns may rely on the information contained in this questionnaire, and I am obligated to amend or supplement the information provided if any material fact changes.

Transmission of this questionnaire as an electronic record containing my electronic signature, or by facsimile containing a facsimile of my signature, shall be as effective, enforceable, and valid as if a paper version of this questionnaire were delivered containing my original written signature.

Applicant A1
Applicant A2

Language Availability Notice:

This application is also available in Spanish at Palm Desert City Hall, Development Services Department, located at 73510 Fred Waring Drive, Palm Desert, CA 92260. For more information, please contact the Housing Division at (760) 776-6412.

Aviso sobre la disponibilidad de idiomas: Esta solicitud también está disponible en español en el Ayuntamiento de Palm Desert, Departamento de Servicios de Desarrollo, ubicado en 73510 Fred Waring Drive, Palm Desert, CA 92260. Para más información, por favor comuníquese con la División de Vivienda al (760) 776-6412.

Housing Use Only

Agency Review Fields
HUD Income Year HUD Income Household Income Actual % Wait List Number
Missing Documents or Items

Checklist for Questionnaire

Please provide copies of the following documents. These documents become part of the questionnaire package and must be received in order to review your qualifications for the for-sale programs.

  • State of California Driver's License or Identity Card for all applicants and household occupants.
  • Social Security Card for all applicants and household occupants (optional). Although a Social Security card is not required, if identity cannot be confirmed, the application may be rejected.
  • Income documentation for all applicants and household occupants, as applicable:
    1. Most recent 2 payroll stubs
    2. Social Security (SSA-1099 Benefit Statement, or direct deposit verification via bank statements)
    3. Pension (last 2 check stubs, monthly statement, or end-of-year statement)
    4. Unemployment or Disability (check stub, award statement, and/or end-of-year statement)
    5. Alimony/Child Support (divorce decree, separation agreement, court documents, or verification by deposits shown on bank account statements)
  • If self-employed, provide 3 years of business tax returns, 6 most recent business bank statements, and year-to-date profit and loss statements.
  • Federal income tax returns for the last 3 years. Include the most recent year as a printed copy and include all pages, schedules, attachments, W-2s, 1098s, and 1099s. Previous years may be digital. If exempt from filing federal income tax returns, sign a Declaration of Taxpayer Non-Filing of Federal Income Tax Return Status form, if applicable.
  • Bank account statements for the last 3 months for all financial institutions, including all pages.
  • Loan pre-approval from an FHA-approved lender:
    Ivy Scott, Franklin Loan Center
    Phone: 760-399-6654
    Website listed in original packet
    NMLS: 252271

Attachment: Real Estate Agent Disclosure

I/We understand that if any listed applicant or household member is represented by a real estate agent or broker at any time during the application or purchase process, it must be disclosed, and that the Palm Desert Housing Authority will not be responsible to correspond with my/our agent with regard to a property and will assume no responsibility for payment of any fees to my/our agent.

Representation Status

If you are not represented, you do not need to complete the Realtor information section below.

If you are working with a Realtor, signing below authorizes the Palm Desert Housing Authority to provide information to the Realtor regarding the status of the For-Sale Housing Programs application, as well as the seller's Realtor for any home you may qualify to purchase.

The undersigned certify, under penalty of perjury, that the above information is true and correct and that the required supporting information is true.

All household members age 18 and above must sign the authorization. Original signature is required in the original packet.

Attachment: Credit Information Disclosure Authorization

I/We hereby authorize release to the City of Palm Desert Housing Department, for verification purposes, information concerning:

  • Consumer credit information
  • Employment history, including dates, title, income, hours worked, and related details
  • Banking and savings account records
  • Mortgage loan information including open date, high credit, payment amount, due date, loan balance, interest rate, and payment record

The above reports are for confidential use in compiling information regarding a real estate loan requested by the applicant(s) signing this form.

A photographic or carbon copy of this authorization may be deemed the equivalent of the original and may be used as a duplicate original.

Your prompt attention to this matter will help expedite the real estate loan application.

Attachment: State of California Fair Lending Notice

Under the Housing Financial Discrimination Act of 1977, it is unlawful to discriminate in the provision of or the availability of financial assistance because of consideration of:

  1. Trends, characteristics, or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound practice; or
  2. Race, color, religion, sex, marital status, national origin, or ancestry.

It is illegal to consider the racial, ethnic, religious, or national origin composition of a neighborhood or geographic area surrounding a housing accommodation, or whether such composition is undergoing change or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, or under what terms or conditions, to provide financial assistance.

These provisions govern financial assistance for the purchase, construction, rehabilitation, or refinancing of one-to-four unit family residences occupied by the owner, and for home improvement of any one-to-four unit family residence.

If you have questions about your rights, or if you wish to file a complaint, contact the management of the financial institution or:

Office of Fair Lending
1120 N. Street
Sacramento, CA 95814
(916) 322-9851
www.hud.gov

If you file a complaint, the law requires that you receive a decision within thirty days.

Community Information Sheet: Desert Rose

Desert Rose is an affordable housing development consisting of 161 single-family homes located two blocks east of Cook Street on Fred Waring Drive.

The community includes three- and four-bedroom attached and detached homes ranging from approximately 1,100 to 1,300 square feet. Amenities include common areas, an adult pool and spa, a children's pool, volleyball and basketball courts, and a YMCA childcare center.

Since sell-out in 1998, demand to live in Desert Rose has remained high. Occasionally, an owner decides to sell and a home becomes available.

The Palm Desert Housing Authority maintains an interest list of people interested in acquiring a home at Desert Rose if one becomes available. Homes are available to very low, low, and moderate income families. Prospective buyers are selected from the list according to income and family size appropriate for the available home. The Authority provides limited financial assistance for eligible households who qualify for a primary loan with a conventional lender.

Restrictions have been placed on the homes to ensure affordability for up to 45 years, and buyers must meet certain minimum qualifications at the time of purchase.

If you are interested in being placed on an interest list for future opportunities, contact the Palm Desert Housing Department at (760) 346-0611, ext. 349.

Community Information Sheet: Falcon Crest

Falcon Crest is a for-sale community consisting of 93 single-family homes located in the heart of Palm Desert near recreation facilities, shopping, and services.

The community was developed by the former Palm Desert Redevelopment Agency as part of its affordable housing program and made available to households whose income was at least $40,000 annually. Three- and four-bedroom floor plans were designed with today's households in mind.

The project has a Tuscan theme with drought-tolerant front yard landscaping. Homes include ample living spaces with nine-foot ceilings and abundant natural light. Energy-efficient features include R-30 attic insulation, R-19 insulated 2x6 walls, double-paned low-e windows, and Energy Star air conditioning.

The Palm Desert Housing Authority maintains an interest list of people interested in acquiring a home at Falcon Crest if one becomes available. Homes are available to very low, low, and moderate income families. Prospective buyers are selected from the list according to income and family size appropriate for the available home. The Authority provides limited financial assistance for eligible households who qualify for a primary loan with a conventional lender.

Restrictions have been placed on the homes to ensure affordability for 45 years, and buyers must meet certain minimum qualifications at the time of purchase.

If you are interested in being placed on an interest list for future opportunities, contact the Palm Desert Housing Department at (760) 346-0611, ext. 349.

Lender Contact Information Included in Packet