SHF PRQ-102 (11242020)
Silver Hill Funding, LLC. NMLS ID 1564077
1
PERSONAL INFORMATION
Guarantor Name: Co- Guarantor Name:
Guarantor E-mail: Co- Guarantor E-mail:
Street Address: Street Address:
City, State, ZIP: City, State, ZIP:
Marital Status: Single Married Divorced Marital Status: Single Married Divorced
Borrower(s) is an: Individual(s) Entity
Borrowing Entity is an: Corporation (C Corp.) LLC LP/LLP S Corp. Other Tax ID Number:
Name of Borrowing Entity (Name(s) in which title will be held):
Is the structure of the entity changing as part of the loan transaction? Yes No If yes, please describe:
SUBJECT PROPERTY INFORMATION
Address: City: State: Zip:
Property Contact Name: Property Contact Phone Number:
Commercial Property Type: (Choose one)
Multifamily
Office
Warehouse
Retail
Self Storage
Automotive
Other
Mixed Use (>50% Residential)
Mixed Use (>50% Commercial)
Light Industrial
Mobile Home Park
Source of Value Estimate (Choose One):
Appraisal Estimate Sales Price (if purchase)
Owner Occupied: Yes No
Yr
s. of Investor Experience: ______
Number
of
Units: ____________
Bldg. Sq. Footage: ____________
Owner Occupancy %: __________
Number of Bldgs.: _____________
Number of Units Occupied: ______ Land
Sq. Footage: _____________
If a Purchase:
Purchase Contract Expires: ________________
Purchase Price: $
Subordinate or Seller Financing: $
Amount of Down P
If a Refinance:
Original Purchase Date: _______________
Original Purchase Price: $
Cost of Improvements Made*: $
Current Lender: _________________________
Interest Rate: ____________%
Monthly Payment: $ ______________
Pay-Off Mortgage 1: $
Pay-Off Mortgage 2: $
Pay-Off Outstanding Taxes/Other $
Cash Out: $
Subject Property Cash Flow:
Actual Rents in Place (annualized): $____________
Less Actual Expenses* (annualized): $____________
Equals Net Op. Income (annualized): $____________
Gross Annual Rent of Largest Tenant:$____________
Annual Property & Liability Insurance Premium:
$___________
Annual Property Taxes: $____________
(*Please do not include mortgage payment or depreciation
in your expense number.)
LOAN SUPPLEMENT FORM
This form to be completed when the Borrowers/Guarantors complete a loan application other than the Silver Hill application.
Prepayment Penalty:
5% for 5 Years
Declining for 5%, 4%, 3%, 2%, 1%
Estimated Value of Real Estate: $____________________________
5% for 3 Years
Loan Program: 5 Year 30 Year Fixed
Amortization:
¨ 15 Years ¨ 25 Years ¨ 30 Years
BUSINESS INFORMATION
Please complete if you are Self-Employed or the Borrower is a Business Entity
Business Name: __________________________________________
Address: __________________________________________
__________________________________________
City: _________________________ State: ________ Zip: ___________
Years as Business Owner: _______
Yes No
Will this business occupy the subject property?
Type of Bus
iness:
Corporation (C Corp.)
LLC LP/LLP
S Corp.
Any individual who owns 25% or more of the business is required to be a
guarantor of the loan. Please list ALL additional owners below. (Choose Yes or No)
Ownership
On Title
________%
Yes
No
________%
Yes
No
________%
Yes
No
________%
Yes
No
Name
____________________________________
____________________________________
____________________________________
____________________________________
____________________________________
________%
Yes
No
Other