NFR Borrower Application

New Funding Resources Real Estate Investment Financing Application

Step 1 of 5

Personal Information:
Your Name*
First Middle Last
Your Date Of Birth*
Your Estimated Credit Score*
Best Phone Number to Reach You*
Email*
Home Address*
Street Address City State ZIP Code
Do You Currently Rent or Own Your Place of Residence?*
What is Approximate Market Value of Your Residence?*
What is Current Combined Mortgage Balance on Your Residence?*
For How Long Did You Live at Your Current Address?*
Are You Married?*

Income Sources:
What is Your Primary Income Type?*
If Other, Please Explain
Company Name*
Company Phone Number
Your Position or Title
How Many Years Have You Been in This Position?*
What is the Gross Annual Income That You Declare?*

Business Information
Whose name are you planning to invest in?*
Please Explain*
What is the Name of Your LLC or Company?*
How Many Years This LLC or Company Has Been in Business?*
Which State is This LLC Registered In?*
Including Yourself, How Many Owners / Members Does This Company or LLC have?*
Your Business Partners Might Be Required to Fill Out Their Own Application. Please Fill Out Their Names and Email Addresses and Click Yes If You Want Us to Send Them Their Own Application.
First Last
Your Partner's Email
Do You Want Us to Send the Application to This Partner?*
What Is the Name of Your Second Partner?
First Last
Your Second Partner's Email
Do You Want Us to Send the Application to This Second Partner?*
What Is the Name of Your Third Partner?
First Last
Your Third Partner's Email
Do You Want Us to Send the Application to This Third Partner?*
Please List the Names of Your Partners

Real Estate Investing Experience
Do You Have Real Estate Investing Experience?*
Wonderful. Aside of Your Current Residence, Do You Currently Own Any Other Real Estate?*
Wonderful. Do You Currently Own Any Real Estate?*
What is the Address of This Property?*
Street Address City State ZIP Code
Property Type*
What Year Did You Purchase This Property?*
What Was Its Purchase Price?
What Is Its Approximate Current Value?
Do You Have Any Mortgage or Liens Secured Against This Property?*
What is the Current Balance of Your Mortgage or Any Other Liens Secured Against This Property?*
What Is Your Monthly Mortgage Payment (PITI)?*
Do You Have a Paying Tenant in This Property?*
What is the Monthly Rent Payment?*
Do You Currently Own Any Other Real Estate?*
Address of the Second Property That Your Currently Own
Street Address City State ZIP Code
Property Type
What Year Did You Purchase This Property?*
What Was Its Purchase Price?
What Is Its Approximate Current Value?
Do You Have Any Mortgage or Liens Secured Against This Property?*
What is the Current Balance of Your Mortgage or Any Other Liens Secured Against This Property?
What Is Your Monthly Mortgage Payment (PITI)?
Do You Have a Paying Tenant in This Property?*
What is the Monthly Rent Payment?
Do You Currently Own Any Other Real Estate?*
Terrific! What is the Address of the Third Property That Your Currently Own?*
Street Address City State ZIP Code
Property Type*
What Year Did You Purchase This Property?*
What Was Its Purchase Price?
What Is Its Approximate Current Value?*
Do You Have Any Mortgage or Liens Secured Against This Property?*
What is the Current Balance of Your Mortgage or Any Other Liens Secured Against This Property?*
What Is Your Monthly Mortgage Payment (PITI)?*
Do You Have a Paying Tenant in This Property?*
What is the Monthly Rent Payment?*
Do You Have Any Other Real Estate That You Currently Own?*
Wow, you're quite a real estate mogul. Please list the addresses of the additional properties that you currently own.
Have You Bought and/or Sold Any Real Estate in the Last Five Years? The Transaction Could Be in Your Personal Name or in the Name of Your Company or LLC.*
Address*
Street Address City State ZIP Code
What is the Year You Bought This Property?
What is the Year You Sold This Property?
What Name Was the Title on this Property Held?
Have You Bought and Sold Any Other Properties in the Last Five Years?*
Address*
Street Address City State ZIP Code
What is the Year You Bought This Property?
What is the Year You Sold This Property?
What Name Was the Title on this Property Held?
Have You Bought and Sold Any Other Properties in the Last Five Years?*
Address*
Street Address City State ZIP Code
What is the Year You Bought This Property In?
What is the Year You Sold This Property In?
What Name Was the Title on this Property Held In?
Have You Bought / Sold Any Other Properties in the Last Five Years?*
Quite Impressive! Please Provide Their Addresses and the Years They Were Bought and Sold.
Anything Else You Want to Share About Your Experience as Real Estate Investor?

Financing Details
Are You Looking for Financing for a Specific Property or a General Pre-Approval BEFORE You Start Looking?*
Do You Already Own This Property or Are You Looking to Purchase It?*
What Year Did You Acquire This Property?*
How Much Did You Pay for This Property?*
What Is the Current Value of This Property?*
Do You Have Any Liens or Mortgages Secured Against This Property?*
What Is the Total Balance of Mortgages or Liens Secured by This Property?*
Do You Have This Property Under Contract?*
When Is the Settlement Date?*
MM slash DD slash YYYY
What Is Your Purchase Price for This Property?*
What is Your Approximate Renovation Budget?*
Describe the Improvements You Are Planning to Make.
What Is Expected After-Repair Value of This Property?*
What is the address of this property?
Street Address City State ZIP Code
Please choose the property type:*
OK. Great. What Is the Maximum Amount of Your Own Funds You Are Able or Willing to Contribute to the Transaction?*
What Are the Sources of This Money (Choose All That Apply)?*
- My Personal Savings or Checking Accounts
- My LLC Savings or Checking Accounts
- My Retirement Plan
- HELOC
- Funds Borrowed or Gifted by Relatives and Friends
- Business Partners' Funds
- Other
If Other, Please Explain*
After you've contributed to the transaction, it's advisable to have some money left. This money is called reserves and is used by the borrower to meet expenses associated with owning a property. How much in reserves would you be able to show?
How Do You Plan to Repay the Loan?*
If Other, Please Explain*
How Fast Are You Planning to Repay This Loan?*
Are You Currently Working with a Real Estate Agent?*
What Is the Name of the Real Estate Agent You Are Working With?
First Last
What is the Email Address of the Real Estate Agent You Are Working With?
What is his or her phone number?
Disclosures
Are You Currently Party to a Lawsuit?*
Please Explain*
Have You Directly or Indirectly Been Obligated on Any Loan Which Resulted in Foreclosure, Transfer of Title in Lieu of Foreclosure, Judgement, Short Sale, or Loan Modification?*
Please Explain*
Have You Declared Bankruptcy in the Last Seven Years?*
Please Explain*
Are You Presently Delinquent or in Default on Any Loan, Mortgage, Bond, Loan Guarantee or Any Other Financial Obligation?*
Please Explain*
I certify that I am applying for a loan that will be used for commercial or business purposes only*
Yes, I am applying for business or commercial loan only
Today's Date
MM slash DD slash YYYY
Any Other Information You Would Like to Share With Us?

New Funding Resources Real Estate Investment Financing Application

Step 1 of 5

Personal Information:

Income Sources:

Business Information

Real Estate Investing Experience

Financing Details

Disclosures

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