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:
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virgin Islands
Virginia
Washington
West Virginia
Wisconsin
Wyoming
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:
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