Commercial mortgage loan application



THIS IS A SAMPLE DOCUMENT ONLY AND IS NOT INTENDED FOR USE.

Disclaimer. We are not attorneys and not licensed to advise you on the law or prepare legal forms for you. Please have an attorney or title company (if applicable) prepare important legal documents.

COMMERCIAL LOAN PROFILE

Project Name: __________________________________________________________

Project Address: ________________________________________________________ 

Project Description: _____________________________________________________ 

Gross Loan Amount: _______________ Property Value: _______________________   

Minimum Net Loan Amount Required: _____________________________

__ Refinance  __ Cash-Out  __ Acquisition __ Construction __ Other/Specify: _____ 

Date Purchased: _______________ Purchase Price: _______________  

Cost Of Improvements:___________________________________________                                               

Terms Requested: ___________________________________________ 

Existing First Mortgage: _______________ Date Due: _______________ 

Existing Second Mortgage: _______________ Date Due: _______________  

Delinquent Taxes: _______________                                                               

Purchase Price: _______________     Down Payment: _______________      

Borrowing Entity: ______________________________________________________

__Individual   __ Partnership __  Corporation __  LLC __  Other/Specify:__________

Address _______________________________________________________________ 

Assets: ______________ Liabilities: ______________ Net Worth: _______________ 

 

Total Project Completion  Value: ______________  

LTV. of Completed Value: _________                                 

The AS IS Value: ______________ LTV. AS IS: ______________                                                    

Loan To Cost: ________________ Total Cost of the Project: __________                                            

Amount of Dollars the Borrower is going to bring into the Project: ______________

Amount of Dollars the Borrower Has into the Project at this Time: ______________

 

Personal Guarantor

Name: ________________________________________________________

Address: ______________________________________________________________ 

City: ______________________________

Phone #: ___________________________

Fax #: _____________________________

E mail address : ____________________________________                                                                                                

Assets: ______________ Liabilities: ______________ Net Worth: ______________ 

Gross Income: ______________ Cash On Hand: ______________ 

 

Property Information 

Annual Gross Income: _______________ Annual Expenses: _______________ 

Net Operating Income: _______________ 

 

                                                           

Use Of Proceeds 

1) ________________________________________ $___________________

2) ________________________________________ $___________________

3) ________________________________________ $___________________

4) ________________________________________ $___________________

5) ________________________________________ $___________________

6) ________________________________________ $___________________ 

Total $___________________ 

 

Referring Broker:________________________ 

Phone#:______________                                                                                                      

Company: ____________________________________ 

Authorized Representative Of Borrower: __Yes __No 

Total Broker Points: _______________ 

Signature: ___________________________________ Date: ______________

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download