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Lending Criteria
Loan Programs
Fix and Flip
DSCR/Rental
Ground Up Construction
Transactional/Wholesale Funding
Joint Venture
Lend Money
Resources
Recent Projects
Events
Draw Process
Referral Program
Blog
FAQs
Lending Criteria
Loan Programs
Fix and Flip
DSCR/Rental
Ground Up Construction
Transactional/Wholesale Funding
Joint Venture
Lend Money
Resources
Recent Projects
Events
Draw Process
Referral Program
Blog
FAQs
Loan Application
DSCR Loan Application
"
*
" indicates required fields
X/Twitter
This field is for validation purposes and should be left unchanged.
Property Information
Please fill out below for the subject property you are seeking financing for
Property Street Address:
Estimated Value:
Property City
Number of Units:
Property County
Property Type (Select One)
Residential:
Mixed Use*:
Property State
If Mixed Use*: (Percent of Square Footage)
Residential
Commercial
Property Zip Code
Rental Income (Annual):
Year Built:
Square Footage:
Property Taxes (Annual):
Condominium Y/N?:
Yes
No
Property Insurance (Annual):
PUD Y/N?:
Yes
No
HOA Fees (Annual):
Vacant Y/N?:
Yes
No
*
Mixed Use properties are 2-8 unit properties that are at least 51% residential by square footage. If possible, please disclose the square footage of all units in the appropriate boxes above to confirm eligibility.
*If you are seeking financing on a portfolio of properties, please provide a separate excel spreadsheet with the above information for each individual property in the portfolio.
BORROWER REAL ESTATE PROFILE
Estimated FICO:
Rent or Own Home:
Estimated Net Worth:
Estimated Liquid Assets:
Years of Experience:
# of Properties Owned:
Briefly describe your real estate experience and current portfolio:
Loan Request
Loan Amount Request:
LTV Requested:
Please enter a number from
0
to
100
.
Loan Structure Request:
30-Year Fixed Fully Amortizing :
30-Year Fixed (10-YR IO) :
30-Year 5/6 ARM Fully Amortizing :
30-Year 5/6 ARM (10-Year IO) :
Loan Purpose
Please complete this section if loan is an
Acquisition
Purchase Price:
Expected Closing Date:
MM slash DD slash YYYY
Please complete this section if loan is a
Refinance
Current Debt Outstanding:
Property Purchase Date:
MM slash DD slash YYYY
Current Debt Interest Rate:
Property Purchase Price:
Current Debt Monthly Payment:
Documented Rehab $ Last 12 Mo.:
Current Debt Maturity Date:
MM slash DD slash YYYY
Date Property Last Listed for Sale:
MM slash DD slash YYYY
If purpose of loan is a Cash-Out Refinance (greater than $2,000 in proceeds), please provide a brief description of the use of the proceeds. Please note that using the proceeds for personal, family or household purposes is prohibited.
If purpose of loan is a Cash-Out Refinance (greater than $2,000 in proceeds), please provide a brief description of the use of the proceeds. Please note that using the proceeds for personal, family or household purposes is prohibited.
Have you previously sought funding with a different lender for the specific loan being requested?
Yes
No
If yes, why was the loan ultimately not approved or closed?
RENT ROLL
Please fill out the rent roll below for all units at the property. If any unit is vacant or utilized as a shortterm rental please use an estimate of market rent for Monthly Rent.
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
ENTITY INFORMATION (DISREGARD IF NOT APPLICABLE)
Mortgage loans may be extended to borrowers as individuals or to business entities such as LLCs, partnerships, corporations as well as some types of Trust. Please check one of the boxes below, and if the selection is “Entity,” please fill out the tables below. Note that any individual borrower to the mortgage loan or >25% owner of the borrowing entity must fill out one of the following Borrower Info & Declaration Pages and sign a guaranty upon close of loan. If the tables below do not apply or there are less than four qualifying entity owners, please leave such sections blank.
Entity Name:
Entity Type (Select One)
LLC:
Corporation:
Partnership:
Trust:
Tax ID:
State Filed:
Good Standing?
Nested Entity?
Entity Address:
For Refinances Only:
Is the property currently held in the name of the Borrowing Entity?
Yes
No
If "No" - What is the name of the Entity or Individual the property is held in the name of?:
*
OWNERS W/>25% INTEREST
List
#
FULL NAME
% OWNERSHIP
Add
Remove
BORROWER INFO
Full Name:
Mobile Phone #:
Date of Birth:
MM slash DD slash YYYY
E-Mail Address:
Social Security:
Marital Status:
Full Home Address:
Spouse Name (If Applicable):
BORROWER DEMOGRAPHIC INFO
The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fulfilled.
Consent
I do not wish to furnish the demographic information below.
Ethnicity:
Hispanic or Latino
Mexican
Cuban
Puerto Rican
Not Hispanic or Latino
Do not wish to provide
Race:
American Indian or Alaska Native
Asian
Black or African American
White
Native Hawaiian or Other Pacific Islander
Do not wish to provide
Sex:
Male
Female
Do not wish to provide
DECLARATIONS
Are there any outstanding judgments against you?
Yes
No
Have you declared bankruptcy within the last 7 years?
Yes
No
Have you had property foreclosed upon or given title of deed in lieu thereof in the last 7 years?
Yes
No
Are you party to a lawsuit?
Yes
No
Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure or judgment?
Yes
No
Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee?
Yes
No
Are you obligated to pay alimony, child support, or separate maintenance?
Yes
No
Is part of the down payment borrowed?
Yes
No
Are you a co-maker or endorser on a note?
Yes
No
Are you a US Citizen?
Yes
No
Are you a permanent or non-permanent resident alien?
Yes
No
Do you intended to occupy the property as your primary residence or any other residence?
Yes
No
Please provide explanations below if you answered YES to any of the above questions (excepting the question regarding US Citizenship)
I submit this application to become qualified and approved for a loan for the purposes indicated above. I authorize the loan originator to share this application with any successors and/or assigns they deem necessary. I hereby attest that all the information I have provided is true and accurate to the best of my knowledge.
Borrower’s Signature
Date
MM slash DD slash YYYY
DSCR Loan Application
Please choose your loan type:
Fix and Flip Loan Application
DSCR Loan Application
"
*
" indicates required fields
Email
This field is for validation purposes and should be left unchanged.
Property Information
Please fill out below for the subject property you are seeking financing for
Property Street Address:
Estimated Value:
Property City
Number of Units:
Property County
Property Type (Select One)
Residential:
Mixed Use*:
Property State
If Mixed Use*: (Percent of Square Footage)
Residential
Commercial
Property Zip Code
Rental Income (Annual):
Year Built:
Square Footage:
Property Taxes (Annual):
Condominium Y/N?:
Yes
No
Property Insurance (Annual):
PUD Y/N?:
Yes
No
HOA Fees (Annual):
Vacant Y/N?:
Yes
No
*
Mixed Use properties are 2-8 unit properties that are at least 51% residential by square footage. If possible, please disclose the square footage of all units in the appropriate boxes above to confirm eligibility.
*If you are seeking financing on a portfolio of properties, please provide a separate excel spreadsheet with the above information for each individual property in the portfolio.
BORROWER REAL ESTATE PROFILE
Estimated FICO:
Rent or Own Home:
Estimated Net Worth:
Estimated Liquid Assets:
Years of Experience:
# of Properties Owned:
Briefly describe your real estate experience and current portfolio:
Loan Request
Loan Amount Request:
LTV Requested:
Please enter a number from
0
to
100
.
Loan Structure Request:
30-Year Fixed Fully Amortizing :
30-Year Fixed (10-YR IO) :
30-Year 5/6 ARM Fully Amortizing :
30-Year 5/6 ARM (10-Year IO) :
Loan Purpose
Please complete this section if loan is an
Acquisition
Purchase Price:
Expected Closing Date:
MM slash DD slash YYYY
Please complete this section if loan is a
Refinance
Current Debt Outstanding:
Property Purchase Date:
MM slash DD slash YYYY
Current Debt Interest Rate:
Property Purchase Price:
Current Debt Monthly Payment:
Documented Rehab $ Last 12 Mo.:
Current Debt Maturity Date:
MM slash DD slash YYYY
Date Property Last Listed for Sale:
MM slash DD slash YYYY
If purpose of loan is a Cash-Out Refinance (greater than $2,000 in proceeds), please provide a brief description of the use of the proceeds. Please note that using the proceeds for personal, family or household purposes is prohibited.
If purpose of loan is a Cash-Out Refinance (greater than $2,000 in proceeds), please provide a brief description of the use of the proceeds. Please note that using the proceeds for personal, family or household purposes is prohibited.
Have you previously sought funding with a different lender for the specific loan being requested?
Yes
No
If yes, why was the loan ultimately not approved or closed?
RENT ROLL
Please fill out the rent roll below for all units at the property. If any unit is vacant or utilized as a shortterm rental please use an estimate of market rent for Monthly Rent.
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
Unit Type
NA
Residential
Commercial
Monthly Rent
Lease Start
MM slash DD slash YYYY
Lease Expiration
MM slash DD slash YYYY
ENTITY INFORMATION (DISREGARD IF NOT APPLICABLE)
Mortgage loans may be extended to borrowers as individuals or to business entities such as LLCs, partnerships, corporations as well as some types of Trust. Please check one of the boxes below, and if the selection is “Entity,” please fill out the tables below. Note that any individual borrower to the mortgage loan or >25% owner of the borrowing entity must fill out one of the following Borrower Info & Declaration Pages and sign a guaranty upon close of loan. If the tables below do not apply or there are less than four qualifying entity owners, please leave such sections blank.
Entity Name:
Entity Type (Select One)
LLC:
Corporation:
Partnership:
Trust:
Tax ID:
State Filed:
Good Standing?
Nested Entity?
Entity Address:
For Refinances Only:
Is the property currently held in the name of the Borrowing Entity?
Yes
No
If "No" - What is the name of the Entity or Individual the property is held in the name of?:
*
OWNERS W/>25% INTEREST
List
#
FULL NAME
% OWNERSHIP
Add
Remove
BORROWER INFO
Full Name:
Mobile Phone #:
Date of Birth:
MM slash DD slash YYYY
E-Mail Address:
Social Security:
Marital Status:
Full Home Address:
Spouse Name (If Applicable):
BORROWER DEMOGRAPHIC INFO
The purpose of collecting this information is to help ensure that all applicants are treated fairly and that the housing needs of communities and neighborhoods are being fulfilled.
Consent
I do not wish to furnish the demographic information below.
Ethnicity:
Hispanic or Latino
Mexican
Cuban
Puerto Rican
Not Hispanic or Latino
Do not wish to provide
Race:
American Indian or Alaska Native
Asian
Black or African American
White
Native Hawaiian or Other Pacific Islander
Do not wish to provide
Sex:
Male
Female
Do not wish to provide
DECLARATIONS
Are there any outstanding judgments against you?
Yes
No
Have you declared bankruptcy within the last 7 years?
Yes
No
Have you had property foreclosed upon or given title of deed in lieu thereof in the last 7 years?
Yes
No
Are you party to a lawsuit?
Yes
No
Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure or judgment?
Yes
No
Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee?
Yes
No
Are you obligated to pay alimony, child support, or separate maintenance?
Yes
No
Is part of the down payment borrowed?
Yes
No
Are you a co-maker or endorser on a note?
Yes
No
Are you a US Citizen?
Yes
No
Are you a permanent or non-permanent resident alien?
Yes
No
Do you intended to occupy the property as your primary residence or any other residence?
Yes
No
Please provide explanations below if you answered YES to any of the above questions (excepting the question regarding US Citizenship)
I submit this application to become qualified and approved for a loan for the purposes indicated above. I authorize the loan originator to share this application with any successors and/or assigns they deem necessary. I hereby attest that all the information I have provided is true and accurate to the best of my knowledge.
Borrower’s Signature
Date
MM slash DD slash YYYY
DSCR Loan Application
Loan Application
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