APPLICATION FOR LOAN ***INCOME PROPERTY

Name of Applicant / Titleholder:

Manner in which title will be held:
Partnership   Individual   LLC   Corporation   Other

Contact Person: 

Phone: 

Mailing Address: 

In accordance with the by-laws, rules and regulations governing the bank, I hereby apply for a first morgage loan as follows:

Loan Amount: 

Term: 

Amortization: 

Interest Rate: 

As collateral for said loan, I offer a morgage on the following described property:

Street Address: 

City: 

State: 

Zip Code: 

Country: 

Block: 

Lot: 

Purpose of Loan: 

Type of Construction: 

Number of Stories: 

# of Elevators: 

# of Trash Compactors: 

Sewers:
Public
Private

Size of Plot: 

Size of Building: 

Total Number of Units: 

Residential: 

Commercial: 

Year Built: 

# of Rooms and Layout: 

Parking Facilities: 

Heating:
Type:  Fuel: 

Tax Assessment:
Land:  Total: 

Reflects J-51 Tax Abatement:
Yes
No
Amount:

Year Purchased:  $ 

Purchase Price: 

My Attorney Address and Phone Number:

My Broker's Name, Address and Phone Number:




Income & Expense Statement For the Year 

FOR THE BUILDING LOCATED AT:

Rent Collected:
Rents: Apartments:

Stores / Offices:

Other:


TOTAL INCOME:   $ 



Expences:
Real Estate Taxes:

Water / Sewer / Meter Charges:

Heating Fuel:

Management Fee:

Fire / Liability / Equipment Insurance:

Common Area Electricity / Gas:

Payroll / Wages / Super:

Does Super have a rent-free unit?
Yes
No

Maintenance / Repairs:

Painting / Decorating:
Full Time Part Time

Supplies:

Reserves:

Legal Fees Bookkeeping:

Accounting:

Permits / Fees / Misc.:

Exterminator Services:

Elevator Costs:

Other:

Other:


TOTAL EXPENCES:   $ 



NET INCOME  $ 


I certify that the above income and expence information is true, correct and complete as of the date hereof.



Date: 




LISTING OF THE PRINCIPALS

The following is a listing of the:
Partners    Corporate Shareholders    LLC Members


(Name of borrowing Entry) -

Name % Owned Date Interest Acquired Corporate Title Any Loans With Continental?
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No
Yes No


This includes all loans made to entites in which the principal owns a 10% or more interest. If yes is indicates, kindly provide details, including the loan number, borrower's name and property address.


I certify that the above names represent a complete list of ALL the principals of the above entity as of the date hereof. Further, any additions or deletions will be promptly forwarded in writing to Continental Funding LLC.


Title:  Date: