CONTACT US:
30021 Tomas St.
Suite 300
Rancho Santa Margarita
California 92688
Fax: 949-203-6434
949-709-8477
Hardmoney- Application Form
Below is a mini-application (not a formal application) for us to review your request. Based on the information you provide us in this form, we can outline to you the terms under which we believe we can close your loan transaction. We will respond to you by phone or e-mail within 1-2 business days.
There are NO application fees for us to review your mini-application. Once we express an interest for your funding request, we will outline all rates, terms and costs. Please be prepared to pay for appraisal, on site inspection and other charges upon a formal application. Remember we do all states and our minimum loan amount is $500,000.00
This application is for a HARDMONEY loan not a regular Commercial or Residential Loan. Please do NOT complete application if your request is NOT for a HARDMONEY LOAN.
| Loan Amount requested:(see min. loan requirements above) | |
| Is this a Purchase or Refinance? | |
| Type of loan wanted- Bridge, Construction, BK or Foreclosure bailout, etc., please describe: |
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| Your E-mail address: | |
| Your Name: | |
| Contact Phone & Fax #: | |
| Borrowers Name: | |
| Type of Borrowing entity-Sole, Corp, etc.: | |
| Are you the principal or broker? If broker what is your company name and Ph. #: | |
| Address of Property, city, state and zip: | |
| If Purchase, What is the amount of Down Payment?: | |
| If Purchase, What is the amount of the Purchase Price?: | |
| If Purchase, When is schedule closing date and/or if NEW-completion of Construction: | |
| IF Purchase, A)Has purchase contract been signed, B)If so, what amount of deposit has been made and C)Who is holding the Deposit?: | |
| If Purchase, Do you have a closing agent/escrow/title already opened?: | |
| If Refinance, Do you have a prepayment penalty on your 1st mortgage?: | |
| If REFI. when was property last refinanced and what is your current rate?: | |
| If REFI. when was the property purchased (date)and the purchase price?: | |
| Type of Property: | |
| What year was prop. built and year of renovations, if any?: | |
| # of units and sq. feet?: | |
| What is the property Current Occupancy?: | |
| What are the Largest Tenants (if Commercial not Apts.): | |
| How much is currently owed on the property and what are the current terms?: | |
| What is the Value and date of last Appraisal?: | |
| What rate,terms,amort., etc. are you looking for? | |
| What are the Use of Funds for? | |
| What was the Effective Gross Income for 2006? | |
| EGI YTD for 2006: | |
| EGI Proforma: | |
| Expenses 2006: | |
| Exp. YTD-2007 | |
| Exp. Proforma | |
| Net. Oper. Income - 2006: | |
| NOI YTD-2007 | |
| NOI Proforma | |
| Is there a certain date you need to close on this transaction? | |
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