Broker Enterprise, llc
Commercial Loan Submission


Send Application and Documents to: info@BrokerEnterprise.net or Fax 1-800-618-6829                                                 Amortization Calculator
Important Note: All fields in the following submission form are mandatory. For any field that is not applicable, please simply note “NA”.
When enter Numbers, use the "TAB" key to go to then next entry for accurate calculation.
   
How did you hear about us?       (ie: google, yahoo, aol, friend, agent, broker's name and number.)

Type of Financing Requested:

Type of financing being requested:   

Subject Property Information:

Transaction Details:

Street Address1:    Estimated Market Value of real estate:
Street Address2:    Source of value estimate:    
City:    Most recent appraisal date: (mm/dd/yyyy)    
State:    Loan amount requested:
Zip:    Sales price:
Property type:    Loan to Value (LTV):    %
If other please specify here:    Equity LTV (loan amount / market val ):    %
Will the property be Owner occupied?   Yes   No   Source of downpayment?   
If Yes, Owner occupancy %:      Please explain:   
Number of units currently occupied:    Seller financing?  Yes   No  
Number of units:    If Yes, how much?  
Vacancy:    % More seller concessions?   Yes   No  
Number of buildings:    If Yes, what are they?     
Building square footage:    Signed purchase contract?   Yes   No  
Land square footage:    If Yes, expiration date? (mm/dd/yyyy)   
Past or existing environmental issues with regards to this property?    Yes   No   Projected close date?   (mm/dd/yyyy)   
If Yes, please explain:         
       

Subject Property Cash Flow (please annualize):

Expense:      
Real estate taxes: Utilities:
Property insurance: Repairs and Maintenance:
Management: Other Expense:
Total Expense:    
Income:      
Actual Rents in place: Potential 100% occupied rent:
Other Operating Income: Potential Other Operating Income:
Gross Income: Potential Gross Income:
Net Operating Income (NOI): Potential (NOI):
Cap Rate:     % Potential Cap Rate:     %
       

Borrower/Guarantor Information:

Co-Borrower/Guarantor Information:

First Name:    First Name:   
Last Name:    Last Name:   
Home Phone:    Home Phone:   
Work Phone:    Work Phone:   
Mobile Phone:    Mobile Phone:   
Email:    Email:   
Social Security Number:    Social Security Number:   
Date of Birth:    Date of Birth:   
Current Home Address1:    Current Home Address1:   
Current Home Address2:    Current Home Address2:   
City:    City:   
State:    State:   
Zip Code:    Zip Code:   
Own  or Rent:  Own  Rent    Own  or Rent:  Own  Rent
No. Yrs:    No. Yrs:   
If less than 2 years, Prior Address1:    If less than 2 years, Prior Address1:   
Prior Address2:    Prior Address2:   

Borrower/Employment

Co-Borrower/Employment

Employer:    Employer:   
Self Employed:  Yes   No   Self Employed:  Yes   No   
Position/Title:    Position/Title:   
Employer Address1:    Employer Address1:   
Employer Address2:    Employer Address2:   
Number of years with this employer:    Number of years with this employer:   
Number of years in industry:    Number of years in industry:   
If less than 2 years with this employer, please list prior:    If less than 2 years with this employer, please list prior:   
Prior Employer Address1:    Prior Employer Address1:   
Prior Employer Address2:    Prior Employer Address2:   
Prior Employer Phone Number:    Prior Employer Phone Number:   
Number of years with prior Employer:    Number of years with prior Employer:   

Borrower/Guarantor Income Information(Monthly)

Co-Borrower/Guarantor Income Information(Monthly)

Base Salary: Base Salary:
Overtime: Overtime:
Bonuses: Bonuses:
Commissions: Commissions:
Dividends/Interest: Dividends/Interest:
Total: Total:

Borrower/Guarantor Asset Information

Co-Borrower Guarantor Asset Information

Cash on hand: Cash on hand:
Stocks & bonds: Stocks & bonds:
Business  Ownership: Business  Ownership:
Combined vested interest in retirement accounts: Combined vested interest in retirement accounts:
Net cash surrender value of life insurance: Net cash surrender value of life insurance:
Personal property: Personal property:
If other, please explain:     Other, please explain:    
Including real estate, what would you estimate to be your net worth?: Including real estate, what would you estimate to be your net worth?:

Borrower/Guarantor REO Information

Co-Borrower/Guarantor REO Information

Including primary residence, how many real estate properties do you Own?    Including primary residence, how many real estate properties do you Own?     
Combined value of properties? Combined value of properties?
Combined liens on all properties? Combined liens on all properties?
Gross annual income of properties? Gross annual income of properties?  
Gross operating expenses of REOs? Gross operating expenses of REOs?

Borrower/Guarantor Other Information

Co-Borrower/Guarantor Other Information

Any outstanding judgments?  Yes   No   Any outstanding judgments?   Yes   No  
Bankruptcy in last 7 years?   Yes   No   Bankruptcy in last 7 years?   Yes   No  
If Yes, when discharged?      If  Yes, when discharged?   
Are you a party in any current litigation?  Yes   No   Are you a party in any current litigation?  Yes   No  
Any recent 30-day mortgage delinquencies?  Yes   No   Any recent 30-day mortgage delinquencies?  Yes   No  
Any past foreclosures/deeds in lieu?   Yes   No   Any past foreclosures/deeds in lieu?  Yes   No  

Borrower/Guarantor Business Information

Co-Borrower/Guarantor Business Information

Purchasing property as business?  Yes   No   Purchasing property as business?  Yes   No  
Is this your full-time or side-business?   FT     PT   Is this your full-time or side-business?   FT     PT  
Business Name:     Business Name:    
Business Address1:     Business Address1:    
Business Address2:     Business Address2:    
Years as Business Owner:     Years as Business Owner:    
Business City:     Business City:    
Business State:     Business State:    
Business Zip Code:     Business Zip Code:    
Will this business occupy the property?  Yes   No   Will this business occupy the property?  Yes   No  
Type of business entity:     Type of business entity:    
Name(s) of borrowing entity in which title will be held:     Name(s) of borrowing entity in which title will be held:    
Is your business or any principal of the business a party to any lawsuit?  Yes   No   Is your business or any principal of the business a party to any lawsuit?  Yes   No  
Has your business ever defaulted on any federal debt including SBA loans?  Yes   No   Has your business ever defaulted on any federal debt including SBA loans?  Yes   No  
Has any principal of your business had a property foreclosed within the past 7 years?  Yes   No   Has any principal of your business had a property foreclosed within the past 7 years?  Yes   No    
Have you had a business or occupational license revoked within the past 7 years?  Yes   No   Have you had a business or occupational license revoked within the past 7 years?  Yes   No  
       

Property History & Comments - Explain in Details ( ie: who owns its, how long, need updates?etc)

Purpose and Intention of Acquistion or Refinance & Comments - Explain in Details (ie: are you going to increase rent?etc)

Exit Strategy & Comments - Explain in Details (ie: how long are you going to keep the property?etc)

 

Borrower/Guarantor Credit Information

Co-Borrower/Guarantor Credit Information

How would you rate your credit?    How would you rate your credit?   
Do you know your approximate credit score?  Yes  No   Do you know your approximate credit score?  Yes  No  
If  Yes, what is it?    If  Yes, what is it?   
If  Yes, when was the last time your credit report was pulled?    If  Yes, when was the last time your credit report was pulled?   
       

Conclusion:

Thank you very much for taking the time to complete this submission form in its entirety.  In doing so, you have provided us with the information needed to place and price your loan project as quickly, aggressively, and accurately as possible.

Regarding credit, the majority of lenders will require a current tri-merge credit report (pulled within the last 30 days) to review and quote your project.  If you have a current credit report, we will be happy to use it along with your submission.  In that case, please fax your credit report, as quickly as possible, to 800-618-6829.  You may also email it to info@brokerenterprise.net.   We will not pull inital credit report, you will have to provide a current credit report. We will, with your permission, pull one on your behalf if needed.  Under no circumstances will your information be shared by Broker Enterprise, llc with any additional non-lender or loan placement intermediary third party, without your consent.

I understand, I will furnish my Own credit report to Broker Enterprise, llc which may be used to price out my deal.
Yes, I hereby authorize Broker Enterprise, llc and any affiliate lenders, as needed, to order a consumer credit report and verify other credit information, including past and present mortgage and asset references.

Note:  Broker Enterprise, llc will not order credit reports on co-brokered deals unless otherwise advised.  Co-brokers are to fax or email legible credit reports for their clients, dated no later than 30-days to 800-618-6829 or info@brokerenterprise.net.

 

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We strongly recommend submitting additional information, what items will be additionally submitted?
Intital Submit More Aggressive Full Loan Package
Property Photos ** (Very Important)
Executive Summary
Business Plan
5 year Proforma
Financing Request - Detail usage of funds
Profit and Loss Statement
Rent Rolls
Resume & Managing Experience
Financial Statement
3 years Personal and Business Tax
(provide detailed explanation if < 3yrs Tax)
Sales Contract
Earnest Money
Title Commit
Survey
Appraisals
Inspections, etc.