Borrower Application


Information on Borrower

Name: Type of Entity: Corporation  Partnership  Other

Address:  City  State  Zip

Telephone: Cell phone:  Fax:

Email:

Information on Primary Principal 1

Name:

Address:  City  State  Zip

Telephone:  Fax:  Email:

Information on Primary Principal 2

Name:

Address:  City  State  Zip

Telephone:  Fax:  Email:

Information on the Property

What will the loan be used for?:

Will renovation funds be required:

Estimated “as is” value:  Estimated completed value:

Requested loan amount:

Property type: 1-4 Unit rental  Multifamily (5+ units)  Mixed use  Retail  Raw land (commercial)

 Raw land (residential)  Office  Office / warehouse  Warehouse  Light industrial  Recreational  Restaurant

 Mobile home park  Mini storage  Convenience store / Gas station  Hotel / Motel  Other

Condition of property:  Present zoning:

City water:  City sewer:  Gas:  Electric:  Property taxes:

Special assessment balance:  Current?:

Known environmental problems:

Annual net rental income:  Annual gross rental income:

If Loan is a Refinance - Complete This

First Mortgage

 Lender:  Amount:  Rate: 

Current:  Past due: 

Second Mortgage

 Lender:  Amount:  Rate: 

Current:  Past due: 

Third Mortgage

 Lender:  Amount:  Rate: 

Current:  Past due: 

Other debt

 Lender:  Amount:  Rate: 

Current:  Past due: 

Information on Additional Properties

Property 1

Type of property:

Address:  City  State  Zip

Property 2

Type of property:

Address:  City  State  Zip

Property 3

Type of property:

Address:  City  State  Zip

 



Commercial Mortgage Fund, LLC • 8300 Norman Center Drive, Suite 720 • Bloomington, MN 55437