If residing at present address for less than seven (7) years, complete the following:
If employed in current position for less than two (2) years, complete the following:
| Income Source | MONTHLY | ANNUALLY |
|---|---|---|
| Borrower and Co-Borrower Gross Salary | ||
| Schedule B (Recruiting Interest and Dividends) | ||
| Schedule C (Net Profit of Proprietorships) | ||
| Schedule D (Recurring Capital Gains Less Losses) | ||
| Schedule E (Recurring Rental Income Exluding Subject Property) | ||
| Other (List) | ||
| TOTAL PERSONAL INCOME |
| Expense Source | MONTHLY | ANNUALLY |
|---|---|---|
| Residence Mortgage Payment/ Rent Payment | ||
| Federal, State & Real Estate Taxes | ||
| Installment Loan Payments | ||
| Credit Card Payments | ||
| Rental Mortgage P&I Payments and Expenses (Exlude Subject Property) | ||
| Alimony/Child Support | ||
| Other (List) | ||
| TOTAL PERSONAL EXPENSES |
If you answer "yes" to any questions 1 through 6, use Continuation Sheet for explanations.
| Question | Borrower Yes / No |
Co-Borrower Yes / No |
|---|---|---|
| 1. Are there any outstanding judgements against you? | ||
| 2. Have you been declared bankrupt in the last 10 years? | ||
| 3. Have you had property forclosed upon or given title or deed in lieu? | ||
| 4. Are you a party to a lawsuit? | ||
| 5. Are you obligated to pay alimony, child support, or separate maintenance? | ||
| 6. Are any of your assets held in a trust? | ||
| 7. Are you a U.S. citizen? | ||
| 8. Are you a permanent resident alien? If yes please provide a copy of resident alien ID card. |
This Statement and any applicable supporting schedules may be completed jointly by both married and unmarried Co-Borrowers if their assets and liabilities are sufficiently joined so that the Statement can be meaningfully and fairly presented on a combined basis; otherwise, separate Statements and Schedules are required. If the Co-Borrower section was completed about a non-applicant spouce or other person, this Statement and supporting schedules must be completed by that spouce or other person also.
Completed Jointly Not Jointly
Liabilities and Pleged Assets. List the creditor's name, address and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if necessary. Indicate by (*) those liabilities which will be satisfied upon sale of real estate owned or upon refinancing of the subject property.
| Property Address (enter S if sold, PS if pending sale or R if rental being held for income) | Type of Property | Present Market Value | Amount of Mortgages & Liens | Gross Rental Income | Mortgage Payments | Insurance, Maintenance, Taxes & Misc. | Net Rental Income |
|---|---|---|---|---|---|---|---|
| $ | $ | $ | $ | $ | $ | ||
| $ | $ | $ | $ | $ | $ | ||
| $ | $ | $ | $ | $ | $ | ||
| Totals | $ | $ | $ | $ | $ | $ | |
List any additional names under which credit has previously been received and indicate appropriate creditor name(s) and account number(s):
| Existing Liens - Lender | Date Made | Original Amount | Current Balance | Term | Rate | SBA? |
|---|---|---|---|---|---|---|
| Business Name | Executive/Mailing Address, if other | Sq.Ft. | Mo. Rent $ | Lease Expires |
|---|---|---|---|---|
| DBA: | List Additional Business Locations | Sq.Ft. | Mo. Rent $ | Lease Expires |
If you answer "Yes" to any questions, use Continuation Sheet for explanations.
| Question | Yes | No | N/A |
|---|---|---|---|
| 1. Is the business a party to a lawsuit? | |||
| 2. Has the business been involved in bankruptcy proceedings in the last 10 years? | |||
| 3. Does the business have deliquent federal, state, payroll, sales or other tax liability? | |||
| 4. Has the business had property foreclosed upon or given title or deed in lieu? | |||
| 5. If renting, have you paid rent on time for each of the last 12 months? | |||
| 6. Does the business, its owners or majority stockholders have any other loans? (If "Yes", please provide information) |
In order to be considered for a commercial loan approval, the following documents are required.
I/We authorize and/or assigns to make inquiries as necessary to verify the accuracy of the statements made in this application and to determine my/our creditworthiness. I/We authorize and instruct any person or consumer reporting agency to compile and furnish any information it may have or obtain in response to such credit inquiries. I/We certify the above and the statements contained in the attachments are true and accurate as of the stated date. These statements are made for the purposes of obtaining a loan. I/We understand FALSE statements may result in possible prosecution by the U.S. Attorney General (Reference 18 U.S.C. 1001). I/We authorize the release of this information whether the signature below is an original or copy.
The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage diclosure laws. You are not required to furnish this information, but are encouraged to do so. The law provides that a lender may not discriminate either on the basis of this information, or on whether you choose to furnish it. If you fumish the information, please provide both ethnicity and race. For race, you may check more than one designation. If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person. If you do not wish to furnish the information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to whcih the lender is subject under applicable state law for the particular type of loan applied for.)
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✉️ Email: info@ivanlin.com
🌐 Website: www.ivanlin.com
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