Name of ownership entity
(Individual, LLC, Corporation,
Trust, etc.)
Social Security # of primary
borrower
Home Address of primary borrower
Home City, State, Zip of primary
borrower
,
Have you ever filed for
bankruptcy
Yes
No
If
so, when was it discharged
Property Information
Property Name (if any)
Property Address
Property City, State, Zip
Property Type
Year Built
Current Occupancy %
%
Affordable Housing (Section
8,Tax Credit, Income Limit)
Yes
No
Some
If
Yes, what program
Number of Buildings
Number of Units
Unit Mix:
Studio:
One Bedroom:
Two Bedroom:
Three Bedroom:
Other:
Square Footage (enter numbers
only - do not use commas):
Studio:
One Bedroom:
Two Bedroom:
Three Bedroom:
Other:
Lot Size
Acres
Do
you have an appraisal
Yes
No
If
yes, what year was the appraisal
performed
Value of Appraisal
$
Do
you have an environmental report
Yes
No
If
yes, what year was the
environmental report performed
When did you purchase the
property
What was the purchase price
$
Was the property originally
built as apartments
Yes
No
How would you rate the condition
of the property
Can you think of any deferred
maintenance?
Is
the property serviced by city
sewer and water
Yes
No
Does the property contain
aluminum branch electrical
wiring?
Yes
No
Don't Know
Are tenants on annual leases,
month to month leases, or both?
Annual
Month
to Month
Both
Are there any furnished units
Yes
No
Would the property be considered
student orientated
Yes
No
How is the property managed
Self - Managed
Management Company
Resident Manager
Are you aware of
any facility within a 1/4 mile
that handles or generates
materials that may be considered
toxic or hazardous: e.g. dry
cleaners, service stations, oil
change facilities, etc.
Operating Data
2002
Current Year Forecast
Annual Gross Rental Income
(actual)
$
$
Other Income (Laundry, Vending,
etc)
$
$
Annual Operating Expenses (do
not include debt service or
depreciation)
$
$
Loan Information
Loan Purpose
Acquisition
Refinance
Loan Amount Desired
$
Purchase Price or Estimated
Property Value
$
Loan Type Desired
Fixed Rate
Adjustable Rate
Desired Loan Term in Years
Loan Amortization in Years
Preferred Loan Features:
1st Priority:
2nd Priority:
3rd Priority:
When do you plan to
acquire/refinance?
If
acquisition, is purchase
agreement fully executed
Yes
No
Other considerations or
circumstances
First Mortgage Balance (if any)
$
First Mortgage Interest Rate (if
any)
Payable to:
Second Mortgage Balance
$
Second Mortgage Interest Rate
Payable to:
Are there any other Liens or
Interests in the property
Do
any existing mortgages have
prepayment penalities? If so,
describe
