Individual’s Name:

Marital Status:

Married

Single

Separated

Primary Residence Address:

Do you own or rent your primary residence:

Own

Rent

Number of years at primary residence:

Mailing Address:

Email:

Mobile Phone:

Home Phone:

Date of Birth:

Social Security #:

Self-Employed:

Yes

No

Employer Name:

Position & Title:

Employer Address:

Individual’s Name:

Marital Status:

Married

Single

Separated

Primary Residence Address:

Do you own or rent your primary residence:

Own

Rent

Number of years at primary residence:

Mailing Address:

Email:

Mobile Phone:

Home Phone:

Date of Birth:

Social Security #:

Self-Employed:

Yes

No

Employer Name:

Position & Title:

Employer Address:

Estimated Total Annual Income:

Estimated Current Liquid Assets: (cash or can be converted to cash within 30 days)

Cash in Bank:

Real Estate Owned (Net of All Debt ):

Subject Property Address:

Property Type:

Number of Units:

Occupancy:

Leased

Vacant

Cross-Collateralization:

Yes

No

Number of properties:

Transaction Type:

Purchase

Rate & Term
Refinance

Cash-Out
Refinance

Loan Amount Requested:

Loan Term Request:

1 Year

2 Year

4 Year

Purchase Price:

Estimated Property Value:

If refinance, complete the following:

Current debt on property:

Original Cost:

Year Acquired:

Amount of rehab completed (if any):

Title will be held in what name(s):

Type:

LLC

Corporation

Limited
Partnership

Contact Name: (or lock box number)

Phone Number:

Relationship:

Email:

Company Name:

Phone Number:

Closing Agent:

Email:

DECLARATION OF NON-OWNER OCCUPANCY & BUSINESS USE OF PROCEEDS

I (“Borrower”) certify and represent to lender (“Originator”) as follows:
I hereby declare that I have no intention of making the property (subject property listed in my loan application) my principal residence.
Additionally, I declare that I have no intention of utilizing the property as a second home and/or any surviving spouse or family member shall live in the property. I understand that this loan is a business purpose loan and not a household purpose loan. The loan proceeds are intended to be used and shall be used for business purpose only, not for personal use.
I represent that I understand the difference between consumer loan for personal purposes and a commercial loan for business purposes. I represent that this loan is not a consumer loan and therefore is not subject to any laws relating to consumer loans under any state or federal laws such as Truth in Lending Act (15 U.S.C. § 1601 et seq.), Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.), Gramm‐Leach Bliley Act (15 U.S.C. §§ 6802–6809), Secure and Fair Enforcement Mortgage Licensing Act (12 U.S.C. § 5101 et seq.), and Homeowners Protection Act (12 U.S.C. § 4901 et seq.).
I realize the lender, broker, assignees and successors rely upon this information. I confirm I have read and understand this document. I declare under penalty of perjury the foregoing is true and correct.

AUTHORIZATION TO CONDUCT CREDIT & BACKGROUND CHECK

By signing this form, I/we hereby authorize lender to conduct a background and/or credit check. Additionally, the undersigned and each party to this loan, authorizes lender to disclose to any third party, employee, agent or assignee thereof information regarding background and credit experience. I understand that it is a federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements when applying for this mortgage, as applicable under the provisions of title 18, United States code, 1014. I also understand that the lender intends to use the data obtained through the investigation for due diligence purposes only, and shall not disclose such information to any other party except as otherwise authorized above.

Entity / Company Name (if applicable)

Borrower / Authorized Signer Name (print)

Co-Borrower / Authorized Signer Name (print)

Signature (Borrower / Authorized Signer)

Date

Signature (Co-Borrower / Authorized Signer)

Date

STRATEGY LETTER

1. I understand that I am applying for a non-owner occupied, business purpose investment loan.

Yes

No

2. What is your plan for this property?

Fix & Flip

Rental

Bridge

Other

3. If Fix & Flip, what do you anticipate your hold time to be months? months

4. If Fix & Flip, what do you estimate the ARV (after repair value) to be:

5. If Rental Property, the monthly rental income is / will be:

6. Explain your investment strategy for this property in detail:

- Please explain in detail

7. What is your exit strategy and how do you intend to repay this loan?

Sell Property:

Refinance:

Other

8. If cash-out refinance, how do you intend to use the cash-out proceeds? Please explain in detail.

9. Do you intend to rehab or upgrade the subject property?

Yes

No

If YES, what do you estimate your construction, rehab, and/or updating costs will be? Please explain in detail the scope of work.
(If costs exceed $10,000, please provide an itemized rehab bid / outlined scope of work with your submission)

Entity / Company Name (if applicable)

Borrower / Authorized Signer Name (print)

Co-Borrower / Authorized Signer Name (print)

Signature (Borrower / Authorized Signer)

Date

Signature (Co-Borrower / Authorized Signer)

Date

INVESTOR EXPERIENCE & PORTFOLIO

How many non-owner occupied, investment properties have you had a controlling interest in
(including those you have sold) within the last:

12 months:

36 months:

Ever:

CURRENT SCHEDULE OF REAL ESTATE OWNED

Address:

Name:

% of Ownership:

Acquisition Date:

Present Market Value:

Mortgages & Liens:

Net Rental Income:

RECENTLY SOLD PROPERTIES

Address:

Name:

% of Ownership:

Acquisition Date:

Present Market Value:

Mortgages & Liens:

Net Rental Income:

LOAN APPLICATION - Brrower Details

BRROWER / AUTHORIZED SIGNER INFORMATION

ADD CO-BORROWER / AUTHORIZED SIGNER INFORMATION (if applicable)

BRROWER / AUTHORIZED SIGNER INFORMATION

FINANCIAL STATEMENT

LOAN APPLICATION - Transaction Details

SUBJECT PROPERTY INFORMATION

LOAN REQUEST INFORMATION

If refinance, complete the following:

BORROWER / ENTITY INFORMATION

INTERIOR ACCESS CONTACT INFORMATION FOR SUBJECT PROPERTY

ESCROW / CLOSING COMPANY INFORMATION

DECLARATION OF NON-OWNER OCCUPANCY & BUSINESS USE OF PROCEEDS

AUTHORIZATION TO CONDUCT CREDIT & BACKGROUND CHECK

STRATEGY LETTER

INVESTOR EXPERIENCE & PORTFOLIO

CURRENT SCHEDULE OF REAL ESTATE OWNED

RECENTLY SOLD PROPERTIES