Online Loan Application

Online Commercial Loan Application

Name of Project:

The Project/Property is a:

Project/Property Address:

Type of Loan requested:

Loan Amount Requested: $

Interest Rate Requested: %

Loan Structure Requested: Term: Amortization: Prepayment Penalty: Yes No

Purpose of Loan:

Name of Borrower #1:

Address:

Phone Number:

Is Borrower #1 a: Corporation Partnership (GP, LP, LLP, etc.) Joint Venture Reit Individual LLC Other

Borrower #1 Net Worth: $

Borrowers #1 Net Annual Income: $

Borrower #1 Credit Score: see Loan Product Placement Matrix© for score. Note: add score #2 and 3 only.

Name of Borrower #2:

Address:

Phone Number:

Borrower #2 is a: Individual Corporation Partnership ( GP, LP, LLP, etc.) Joint Venture Reit LLC Other

Borrower #2 Net Worth: $

Borrower #2 Net Annual Income:

Are There Additional Borrowers: Yes No

Whom is the main Contact: Borrower #1 Borrower #2

Property Stats:

If New Construction/Development: Cost of Land: $ Cost of construction: $ Gross SF Net Rentable/Lease-able SF Projected Gross annual Income: $ Projected Net Annual Income: $ Number of Proposed Units: Vacancy Rate: Proposed Management Expenses: $ Proposed Operating Expenses: $ Proposed Repairs/Maint. Expenses: $ Proposed Reserves: $

If Purchase or Refinance: Age of Project: Original Purchase Price: $ Current Loan Balance: $ Gross SF: Net Rentable/Lease-able SF: Gross Annual Income: $ Net Annual Income: $ Number of Units: Vacancy Rate: Date of Last Renovation: Management Expenses: $ Operating Expenses: $ Repairs/Maint. Expenses: $ Reserves: $

Additional Information:

NOTE: There may be additional documents (i.e. Rent/Lease schedules, Financials, Résumé's, Plans & Specs, cost breakdowns, long term income projections, etc.) that will be required along with a possible commercial appraisal for finial approval. Please call and talk to a Loan Officer about your specific needs.

Cornerstone Mortgage

1-316-683-5623

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