Business Purpose Loan Application

I. Loan Information

Purpose of Loan(Required)

Please indicate the type of loan that you are applying for.

Property Type(Required)

Requested Amount ($)(Required)

Interest Rate (%)(Required)

Subject Property Address(Required)

Street Address City State ZIP Code

Purchase Price ($)(Required)

Appraised Value ($)(Required)

# of Units(Required)

Is Construction Involved?(Required)

Yes

Has Construction Begun?(Required)

Yes

This field is hidden when viewing the form

Year Acquired

This field is hidden when viewing the form

Original Cost ($)

This field is hidden when viewing the form

Amount of Existing Liens

This field is hidden when viewing the form

Improvements Made:

This field is hidden when viewing the form

Is The Property Currently Leased?

This field is hidden when viewing the form

What is the monthly rent received? ($)

II. Schedule of Real Estate (SREO)

Number of Properties Owned(Required)

Will You Be Providing Your REO Information Separately?(Required)

If listing more than 4 properties, please attach a file with all properties.

REO Schedule(Required)

Drop files here or

Max. file size: 50 MB.

1. Property Address(Required)

Lien Holder(Required)

Property is used as:(Required)

Type of Property(Required)

Amount of Mortgages & Liens(Required)

Mortgage Payments(Required)

2. Property Address(Required)

Lien Holder(Required)

Property is used as:(Required)

Type of Property(Required)

Amount of Mortgages & Liens(Required)

Mortgage Payments(Required)

3. Property Address(Required)

Lien Holder(Required)

Property is used as:(Required)

Type of Property(Required)

Amount of Mortgages & Liens(Required)

Mortgage Payments(Required)

4. Property Address(Required)

Lien Holder(Required)

Property is used as:(Required)

Type of Property(Required)

Amount of Mortgages & Liens(Required)

Mortgage Payments(Required)

III. Entity Information

Entity Name(Required)

Entity is a/an:(Required)

LLC

LLP

Other

Principal Place of Business Address(Required)

Street Address City State ZIP Code

Mailing Address (if different)

Street Address City State ZIP Code

Member Name(Required)

First Middle Last

Title(Required)

Member Name

First Middle Last

Title

Additional Member Information on an Addendum(Required)

Yes

Member Information Addendum(Required)

Drop files here or

Max. file size: 50 MB.

IV. Borrower Information

Borrower Name(Required)

First Middle Last

Social Security Number(Required)

Home Phone (incl. area code)(Required)

DOB(Required)

Primary Residence(Required)

Street Address City State ZIP Code

Mailing Address, if different from Present Address

Street Address City State ZIP Code

Is There More Than 1 Borrower?(Required)

Yes

IV. Part 2: Co-Borrower Information

Co-Borrower Name(Required)

First Middle Last

Social Security Number(Required)

Home Phone (incl. area code)(Required)

Date(Required)

Primary Residence(Required)

Street Address City State ZIP Code

Mailing Address, if different from Present Address

Street Address City State ZIP Code

V. Asset Information

Will You Be Uploading a PFS?(Required)

Yes

PFS File(Required)

Drop files here or

Max. file size: 50 MB.

Bank Information(Required)

Bank Name

Account Type

Account Number

Account Balance ($)

Please complete the bank information if not uploading a PFS. Add columns as necessary.

VI: Declarations: Borrower

If you answer "Yes" to any questions within this section, please use continuation sheet for explanation.

a. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?(Required)

Yes

b. Are there any outstanding judgments against you?(Required)

Yes

c. Have you been declared bankrupt within the past 7 years?(Required)

Yes

d. Are you a party to a lawsuit?(Required)

Yes

e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment?(Required)

Yes

f. Does the applicant and /or co-applicant (s) intend to occupy the property for more than 14 days per year?(Required)

Yes

Explanation(s)(Required)

Drop files here or

Max. file size: 50 MB.

VI. Part 2: Declarations: Co-Borrower

If you answer "Yes" to any questions within this section, please use continuation sheet for explanation.

a. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years?(Required)

Yes

b. Are there any outstanding judgments against you?(Required)

Yes

c. Have you been declared bankrupt within the past 7 years?(Required)

Yes

d. Are you a party to a lawsuit?(Required)

Yes

e. Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment?(Required)

Yes

f. Does the applicant and /or co-applicant (s) intend to occupy the property for more than 14 days per year?(Required)

Yes

Explanation(s)(Required)

Drop files here or

Max. file size: 50 MB.

Please upload all explanations for any questions answered with "Yes"

VII. Acknowledgement and Agreement

Each of the undersigned specifically represents to Lender and to Lender's actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns and agrees and acknowledges that: (1) the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of this information contained in this application may result in civil liability, including monetary damages, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States Code, Sec. 1001, et seq.; (2) the loan requested pursuant to this application (the "Loan") will be secured by a mortgage or deed of trust on the property described in this application; (3) the property will not be used for any illegal or prohibited purpose or use; (4) all statements made in this application are made for the purpose of obtaining a residential mortgage loan; (5) the property will be occupied as indicated in this application; (6) the Lender, its servicers, successors or assigns may retain the original and/or an electronic record of this application, whether or not the loan is approved; (7) the Lender and its agents, brokers, insurers, servicers, successors and assigns may continuously rely on the information contained in the application, and I am obligated to amend and/or supplement the information provided in this application if any of the material facts that I have represented herein should change prior to closing of the Loan; (8) in the event that my payments on the Loan become delinquent, the Lender, its servicers, successors, or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report my name and account information to one or more consumer credit reporting agencies; (9) ownership of the Loan and/or administration of the Loan account may be transferred with such notice as may be required by law; (10) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or warranty, express or implied, to me regarding the property or the condition or value of the property; (11) my transmission of this application as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature; (12) Lender will retain this application and any other credit information Lender receives, even if no loan or credit is granted; (13) Lender is authorized by to provide any insurer, lender, or investor, or their successors, with any information and documentation they may request with respect to my/our application, credit or loan; and (14) Lender may rely on the representations set forth herein without verifying the information provided by the borrower

Borrower(Required)

Signature

Borrower Name(Required)

First Middle Last

Date(Required)

Co-Borrower(Required)

Signature

Co-Borrower Name(Required)

First Middle Last

Date(Required)

Guarantor(Required)

Signature

Guarantor Name(Required)

First Middle Last

Date(Required)