Private Money Loan Application - PDF

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					Email to: l o a n s @ u d g c a p i t a l . c o m                                                            Fax to: 617-849-5536
                                                            UDG Capital, LLC
                                                         Commercial Loan Application
Borrower Name: _______________________________________________                         Phone: _____________________________

Borrower’s Address: ____________________________________________________________________________________

Social Security No.: ____________________ Amount of Loan Desired: ____________________ Credit Score: _________

Project Name: ________________________________________________________________________________________

Project Address: ______________________________________________________________________________________

Type of Project: __________________________________________________                     Owner Occupied:     Yes          No

Date Purchased: _____________________________                            Purchase Price: $________________________________

Work/Improvements Needed: ___________________________________________________________________________

Estimated Current Valuation: $_________________________ Condition of Property: ______________________________

Improvements Made: ___________________________________________                       Cost of Improvements: _________________

No. of Units: ___________________                   Square Feet: ________________________ Land: _________________________

If Rental Property, Annual Gross Income: _________________________ Annual Expenses: ________________________

Net Operating Income: ____________________________                          Tax Assessment: $___________________________

Total amount the borrower is going to contribute into the project: ________________________________________________

Total amount the borrower has already invested into the project: ________________________________________________

Existing Mortgages and other liens on Property:
          Amount                       Held by                               Terms              Date Due             Status

1.________________________________________________________________________________________________

2.________________________________________________________________________________________________

3.________________________________________________________________________________________________

Loan Amount Requested: $_________________________ Terms Requested: ___________________________________

Total Project Completion Value: $ __________________________ Time Required to Complete: ____________________

LTV, As Is: ________________________________                               LTV after Completion: ________________________

Use of Loan Proceeds: _______________________________________________________________________________

Exit Strategy: _______________________________________________________________________________________

Comments: ________________________________________________________________________________________

__________________________________________________________________________________________________

Referring Broker:                                                                    Phone:                       ________

				
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