COMMERCIAL LOAN Application - Full or Stated Documentation

Business Application
INVESTOR (pg 1 of 5)
PERSONAL INFORMATION
Borrower
Borrower's Name
Co-Borrower
Co-Borrower's Name
Social Security Number
Home Phone (incl. Area code)
Social Security Number
E-Mail Address
Home Phone (incl. Area code)
E-Mail Address
Date of Birth (mm/dd/yy)
Married
Unmarried (divorced)
Separated
Single (never married)
Date of Birth (mm/dd/yy)
Street Address (street, city, state, zip code)
Own
Rent
Rent
Unmarried (divorced)
Separated
Single (never married)
Street Address (street, city, state, zip code)
Per Mo.
No. Yrs.
Check if Mailing Address is DIFFERENT from Street address

If different, show Mailing address on page 5.
If residing at present address for less than two (2) years, complete the following:
Former Address (street, city, state, zip code)
Own
Married
Per Mo.
Own
Rent
Per Mo.
No. Yrs.
Check if Mailing Address is DIFFERENT from Street address

If different, show Mailing address on page 5.
Former Address (street, city, state, zip code)
No. Yrs.
Own
Rent
Per Mo.
No. Yrs.
List 1 commercial property owned (50% +) for 2 of the last 5 yrs (Low Doc only).
List 1 commercial property owned (50% +) for 2 of the last 5 yrs (Low Doc only).
Dates owned - from
Dates owned - from
to
Borrower
Last College/Tech School Attended
RESUME
Dates (from-to)
Last College/Tech School Attended
Degree/Certificate
to
Co-Borrower
Dates (from-to)
Degree/Certificate
Name and Address of Employer
Title/Position
Type of Business
Business Phone (incl. area code)
Years on this job
Years in Profession
Title/Position
Type of Business
Years on this job
If employed in current position for less than two (2) years, complete the following:
Title/Position
Type of Business
Title/Position
Type of Business
Dates (from-to)
Dates (from-to)
Yes
Borrower
No
Years in Profession
DECLARATIONS
If you answer "yes" to any questions 1 through 6, use Continuation Sheet for explanations.
1. Are there any outstanding judgments against you?
2. Have you been declared bankrupt in the last 10 years?
3. Have you had property foreclosed 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
9. If purchase, do you or any member of your family share any property or business
ownership with the seller in any way?
Co-Borrower
Yes
No
ACKNOWLEDGEMENT AND AGREEMENT

I/We authorize Coast Investors Capital 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 purpose of obtaining a loan. I/We understand FALSE statements may result in possible prosecution by the US Attorney general
(Reference 18 U.S.C. 1001). I/We authorize the release of this information whether the signature below is an original or a copy.
Borrower's Signature
X
Date
Co-Borrower's Signature
X
Page 1 Date: 12/31/2014
Date
PERSONAL ASSETS AND LIABILITIES

This Statement and any supporting schedules may be completed jointly by both married and unmarried Co-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.
Completed
Jointly
Not Jointly
Assets
To provide additional information, please use Continuation Sheet.

Liabilities
Deposit toward purchase held by
Amount
Bank Account
$
Amount
Account #
Bank Account
$
Amount
Account #
Publicly Traded Stocks & Bonds
$
Amount
(Exclude privately owned co.'s)
Life Insurance net cash value
Cash Value
Face amount $
Subtotal Liquid Assets
Vested interest in retirement fund
Motor Vehicles (make and year)
Market Value
List all outstanding debt; Installment, Auto, Alimony, Child Support, Stock Pledges, etc. Use Continuation Sheet if
necessary. Combine all credit card debt. Mark liabilities that will be satisfied upon sale or refinancing of real estate owned.
Loans and Leases, Not Real Estate
Creditor Name
Other Assets (itemize)
Market Value
Mo. Pymt.
Unpaid Balance
Account #
Creditor Name
Check if variable rate
$
Mo. Pymt.
$
Unpaid Balance
Account #
Creditor Name
$
Mo. Pymt.
$
Unpaid Balance
Account #
0 Creditor Name
$
Mo. Pymt.
$
Unpaid Balance
Account #
Creditor Name
$
Mo. Pymt.
$
Unpaid Balance
Account #
Mo. Pymt.
Unpaid Balance
Credit Card Debt

Combined Credit Card Debt
$
Alimony/Child Support/Separate Maintenance
Mo. Pymt.
Real Estate Owned

Type of property
(use additional sheets if necessary)
Owed to:
Real Estate Mortgage Debt

1st Lender Name (personal residence)
Mo. Pymt.
Unpaid Balance
Property A
Address
Account #
2nd Lender Name (personal residence)
$
Mo. Pymt.
$
Unpaid Balance
Account #
Monthly rental income $
1st Lender Name
Mo. Pymt.
Unpaid Balance
Account #
2nd Lender Name
$
Mo. Pymt.
$
Unpaid Balance
Account #
1st Lender Name (personal residence)
Mo. Pymt.
Unpaid Balance
Account #
2nd Lender Name (personal residence)
$
Mo. Pymt.
$
Unpaid Balance
Account #
Date purchased
Original cost
Present market value
Type of property
$
$
Property B
Address
Date purchased
Original cost
Type of property
$
$
Property C
Address
Date purchased
Original cost
$
$
Total Monthly Payments

Total Assets
0 Net Worth
$
$
Total Liabilities
0
$
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, Federal
law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you apply for a loan, we will
ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Borrower
Co-Borrower
Page 2 Date: 12/31/2014
REAL ESTATE HOLDING COMPANY BUSINESS INFORMATION

Business Name
Executive Business Address
Sq.Ft.
Mo. Rent $
Lease expires
List Additional Business Locations
Sq.Ft.
Mo. Rent $
Lease expires
dba:
Primary Business Address
Primary Contact Name

Phone #
Fax #
Mo. Rent paid at this location $
Sq.Ft?
Lease expires
Mo/Mo?
Business Tax ID #
E-mail Address
Number of Employees
Date Business Established
Website
Type of Entity (select one)
Corporation
Partnership
Business Type (select one)
Real Estate
Retail
Proprietorship
Service
Other
Wholesale
Manufacturing
Construction
OWNERSHIP/OFFICERS/DIRECTORS
Name:
Title:
% Owned:
Name:
Title:
% Owned:
Name:
Title:
% Owned:
Name:
Title:
% Owned:
Name:
Title:
% Owned:
REAL ESTATE HISTORY

List 1 commercial property owned (50% +) for 2 of the last 5 yrs (Loc Doc only).
Dates owned - from
to
BUSINESS DECLARATIONS
If you answer "yes" to any questions, use Continuation Sheet for explanations.
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 delinquent 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 failed to pay rent on time for each of the last 12 months?
Borrower
Co-Borrower
Page 3 Date: 12/31/2014
Yes
No
N/A
LOAN REQUEST
Business Name
Borrower Name
Purpose
Loan Amount Requested
Application is for
Purchase
Refinance
Construction Permanent
Low Doc
Full Doc
Purchase Money Loan

Purchase Price
Seller Credits
Source of Down Payment
If any part of the down payment is borrowed, complete the following.

Lender
Loan Amount
Interest Rate
Terms
Construction-Permanent Loan
Yr. Lot Acquired
Original Cost
Existing Liens
Present Value
Improvement Cost
Refinance Loan
Have all payments been made on time for the last two years?
Year Acquired
Original Cost
Yes
Year Improved
$
Existing Liens - Lender
Date Made
No
Please identify the factors creating the increase in value.
Improvement Cost
Present Value
Original Amount
Current Balance
Term
Rate
SBA?
Cash Out Request

Amount Requested
Cash out use:
$
This is a business purpose loan request. How does this loan transaction benefit your business?
REAL ESTATE TO BE FINANCED

Property Address
County
# Units
Construction Type (CTU, frame, block, etc.)
Zoning
% Occupied Now
Building size
Lot size
Year built
Property Type (industrial, retail, office, mixed use, etc.)
Describe occupancy upon funding of this loan:

Tenant Rent Roll (including owner occupant)
Unit
Owner-Occupied %
Occupant
Sq.Ft.
Tenant-Occupied %
Mo. Rent
Started
Expires
Vacancy %
Options
$
$
$
$
$
$
STATED PROPERTY INCOME

Gross Potential Annual Rental Income
(Monthly rent of all tenants x 12)
Vacancy
$
Expenses
(Taxes, insurance, utilities, maint)
(Actual
%
%
5 % or 5%, whichever is greater)
Total Net Operating Income

(Income less vacancy and expenses)
VESTING OF REAL ESTATE TITLE

Print Exact Names of Individuals, Form of Title, or Entity
Borrower
Co-Borrower
Page 4 Date: 12/31/2014
$
%
$
DOCUMENTS ADDITIONALLY NEEDED

In order to consider issuing a Loan Commitment Letter, we require the following documents from your files.
Transaction documents as available; purchase contract, escrow instructions, preliminary title report.
Copy of the business commercial property lease(s) currently in force.
If proceeds are for refinance, provide most recent mortgage payment statement/coupon for all loans to be refinanced.
*Other items may be required as requested.
CONTINUATION SHEET
Use this Continuation Sheet to add information to Borrower Information, Business Information, and Loan Request forms.
Business Name
Borrower
Co-Borrower
Text will wrap automatically. To create new paragraph, press and hold "ALT" when pressing "ENTER
Borrower
Co-Borrower
Page 5 Date: 12/31/2014

COMMERCIAL LOAN Application - Full or Stated Documentation

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Business Application

Social Security Number

Home Phone (incl. Area code)

Social Security Number

Home Phone (incl. Area code)

Date of Birth (mm/dd/yy)

Single (never married)

Date of Birth (mm/dd/yy)

Street Address (street, city, state, zip code)

Single (never married)

Street Address (street, city, state, zip code)

Check if Mailing Address is DIFFERENT from Street address

Check if Mailing Address is DIFFERENT from Street address

Dates owned - from

Dates owned - from

Last College/Tech School Attended

Name and Address of Employer

Name and Address of Employer

Business Phone (incl. area code)

Years on this job

Business Phone (incl. area code)

Years on this job

Name and Address of Employer

Business Phone (incl. area code)

Business Phone (incl. area code)

ACKNOWLEDGEMENT AND AGREEMENT

Page 1 Date: 12/31/2014

PERSONAL ASSETS AND LIABILITIES

To provide additional information, please use Continuation Sheet.

Deposit toward purchase held by

(Exclude privately owned co.'s)

Life Insurance net cash value

Subtotal Liquid Assets

Vested interest in retirement fund

Motor Vehicles (make and year)

Other Assets (itemize)

Check if variable rate

Check if variable rate

Check if variable rate

Check if variable rate

Check if variable rate

Credit Card Debt

Real Estate Owned

(use additional sheets if necessary)

Real Estate Mortgage Debt

Check if variable rate

Check if variable rate

Check if variable rate

Check if variable rate

Check if variable rate

Check if variable rate

Total Monthly Payments

Page 2 Date: 12/31/2014

REAL ESTATE HOLDING COMPANY BUSINESS INFORMATION

Executive Business Address

List Additional Business Locations

Primary Contact Name

Business Type (select one)