This business funding is subject to funding advance approval
Commercial Mortgage Loan Application
MORTGAGE TERMS REQUESTED
LOAN AMOUNT
INTEREST RATE
MONTHLY PAYMENT
Amortization Months
TERM Months
TYPE
ARM
OTHER
FIXED
%
$
$
BORROWER INFORMATION
TITLE WILL BE VESTED AS FOLLOWS
BORROWER FED ID #
BORROWER(S) WILL BE
CORPORATION
FAM. TRUST
LLC
PARTNERSHIP
OTHER
INDIVIDUAL(S)
IRREV. TRUST
Phone.
FAX #
MAIN CONTACT
COMPLETE IF PURCHASE
SALES PRICE
CASH DOWN PAYMENT
SOURCE OF DOWN PAYMENT (CASH DOWN AND/OR OTHER - EXPLAIN),
$
$
SUBORDINATE LENDER / PHONE
INT RATE
SUBORDINATE FINANCING AMOUNT
TERM (MOS)
CONTACT
%
COMPLETE IF REFINANCE
DATE ACQUIRED
PURCHASE PRICE
CURRENT VALUE
DESCRIBE SIGNIFICANT REPAIRS AND / OR IMPROVEMENTS MADE AND / OR TO BE MADE
$
$
ORIGINATION
INTEREST
MATURITY DATE
LIEN
FUNDS TO BE USED TO PAY:
MONTHLY PAYMENT
LIEN BALANCE
DATE
RATE
POSITION
$
$
$
$
REMAINING FUNDS TO BE USED FOR:
SUBJECT PROPERTY INFORMATION
STREET ADDRESS
CITY
COUNTY
STATE
ZIP CODE
ZONING
LEGAL / CONFORMING
LEGAL / NONCONFORMING
NONCONFORMING
OTHER
MANAGER'S PHONE NO.
MANAGER'S ADDRESS
MANAGEMENT WILL BE BY
PROPERTY DESCRIPTION
PROPERTY INCOME PROFORMA
UNITS
BEDROOMS
BATH
AVG. SQ. FT.
Mo. RENT
Parking
$
GROSS RENTAL INCOME
Rent Control
$
OTHER INCOME:
Sect. 8 Units
$
%)
LESS VACANCY (
Co-op
$
EFFECTIVE GROSS INCOME
Master Utilities
$
OPERATING EXPENSES
Condo Map
$
CAPITAL EXPENDITURES
Ground Lease
NET OPERATING INCOME:
$
DETAILS OF OWNERSHIP
IF BORROWER IS OTHER THAN AN INDIVIDUAL(S), LIST BELOW THE NAMES OF ALL THE BORROWING ENTITY'S GENERAL PARTNERS, CORPORATE OFFICERS, STOCKHOLDERS, TRUSTEES AND I OR GUARANTORS AS APPROPRIATE. PLEASE USE THE TERMS LISTED IN THE PRIOR SENTENCE UNDER THE TITLE SECTION.
NAME
TITLE
%
OWNER
ACTIVE IN
MGMT?
PHONE
BORROWER(S) ARE
Next Due