Full Application Form

What kind of program are you looking for?

Additional Desired Loan programs :

Have Property Under Contract

Broker/Referring Party

Bob Rosenthal

Borrower Info

First Name

Frank

Is there a Co-borrower?

No

City

miami

State

Zip Code

33156

Mailing Address

Mailing Address same as Current Address?

No

Mailing City

Mailing State

Mailing Zip Code

Personal Info

Date Of Birth

10/06/1972

0

650

Credit Score Range

600 - 619

Co-Applicant Information

First Name

No

City

State

Zip Code

NA

0

Mailing Address

Same as borrowers mailing address?

No

Mailing City

Mailing State

Mailing Zip

Personal Info

Date Of Birth

Credit Score Range

Borrowing Business Entity

Yes

General Business Info

Entity Type

LLC

Date Of Formation

02/05/2008

State Of Formation

Business Address

City

miami

State

Zip Code

33155

No

0.00

Business Details

Business Financials

0.00

Members/Officers (List all members with 20% ownership or more.)

Same as Borrower/Applicant Info Above

Title President

% of Ownership 100

DOB 01/16/1923

Drivers License State

Additional Guarantors

No

Borrower Background

Are you a U.S. Citizen?

Yes

Origin

Visa Status

Has the borrower been declared bankrupt within the past 7 years?

No

Please provide filing date, current status, properties included, etc...

Are there any outstanding judgments against the borrowers?

No

(If Yes, Provide explanation below.)

Do you have any active lawsuits against you?

No

(If Yes, Provide explanation below.)

Have you had or currently have any property tax liens?

No

(If Yes, Provide explanation below.)

Has the borrower directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgement?

No

(If Yes, Provide explanation below.)

Is the borrower presently delinquent or in any default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee

No

(If Yes, Provide explanation below.)

Have you ever been convicted of a felony or other fraud related crimes?

No

(If Yes, Provide explanation below.)

Background Explanation

Co-borrower Background

Are you a U.S. Citizen?

NA

Has the borrower been declared bankrupt within the past 7 years?

NA

Please provide filing date, current status, properties included, etc...

Are there any outstanding judgments against the borrowers? (If Yes, Provide explanation below)

NA

(If Yes, Provide explanation below.)

Do you have any active lawsuits against you?

NA

(If Yes, Provide explanation below.)

Have you had or currently have any property tax liens?

NA

(If Yes, Provide explanation below.)

Has the borrower directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgement?

NA

(If Yes, Provide explanation below.)

Is the borrower presently delinquent or in any default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee

NA

(If Yes, Provide explanation below.)

Have you ever been convicted of a felony or other fraud related crimes?

NA

(If Yes, Provide explanation below.)

Background Explanation

Borrower Experience

Does borrower have Fix & Flip or Buy & Hold experience?

Yes

# of years of experience?

5

# of properties completed in last 36 months

15

List 3 examples of past deals:

Property Type

Single Family

Purchase date

11/17/2018

Purchase Price

250,000.00

Amount Financed

175,000.00

Rehab Budget

50000

Entity Name

ABC Flips

Ownership %

100

Exit

Sale Price

325,000.00

Sale Date

11/17/2019

Address

321 man street

City

Miami

State

FL

Zip

33333

Outcome/Profit

650000

Upload HUD

Property Type

Condo

Purchase date

11/10/2019

Purchase Price

385,000.00

Amount Financed

300,000.00

Rehab Budget

25000

Entity Name

ABC Flips

Ownership %

100

Exit

Sale Price

450,000.00

Sale Date

11/23/2019

Address

123 bird rd

City

miami

State

FL

Zip

33333

Outcome/Profit

450001

Upload HUD

Property Type

Purchase date

Purchase Price

Amount Financed

Rehab Budget

0

Entity Name

Ownership %

0

Exit

Address

City

State

Zip

Upload HUD

Yes

0

Property Type

Single Family

Purchase date

Purchase Price

0

Amount Financed

Rehab Budget

Entity Name

borGUEntityName[]

Ownership %

0

Exit

In progess-To Be rented

Monthly Rent

Sale Price

0

Sale Date

Address

borGUAddress[]

City

borGUCity[]

State

AL

Zip

90210

Outcome/Profit

650000

Upload HUD

Property Type

Single Family

Purchase date

Purchase Price

0

Amount Financed

Rehab Budget

Entity Name

borGUEntityName[]

Ownership %

0

Exit

In progess-To Be rented

Monthly Rent

Sale Price

0

Sale Date

Address

borGUAddress[]

City

borGUCity[]

State

AL

Zip

90210

Outcome/Profit

450001

Upload HUD

Property Type

Single Family

Purchase date

Purchase Price

0

Amount Financed

Rehab Budget

Entity Name

borGUEntityName[]

Ownership %

0

Exit

In progess-To Be rented

Monthly Rent

Sale Price

0

Sale Date

Address

borGUAddress[]

City

borGUCity[]

State

AL

Zip

90210

Outcome/Profit

02

Upload HUD

0

Property Type

Single Family

Purchase date

Purchase Price

Amount Financed

Rehab Budget

0

Entity Name

borSellEntityName[]

Ownership %

0

Exit

Address

borSellAddress[]

City

borSellCity[]

State

AL

Zip

90210

Upload HUD balance_sheet

Property Type

Single Family

Purchase date

Purchase Price

Amount Financed

Rehab Budget

0

Entity Name

borSellEntityName[]

Ownership %

0

Exit

Address

borSellAddress[]

City

borSellCity[]

State

AL

Zip

90210

Upload HUD

Property Type

Single Family

Purchase date

Purchase Price

Amount Financed

Rehab Budget

0

Entity Name

borSellEntityName[]

Ownership %

0

Exit

Address

borSellAddress[]

City

borSellCity[]

State

AL

Zip

90210

Upload HUD

Does borrower have any projects currently in progress?

No

How many?

0

Does borrower own investment properties?

Yes

How many?

5 NA

Do you have any professional licenses?

Yes

Select Professional license

License #

1,500,000.00

Primary investment strategy

Residential fix & flip

Typical Transactions

0

Co-borrower Experience

Does borrower have Fix & Flip or Buy & Hold experience?

NA

# of years of experience?

0

List 3 examples of past deals: Address

Outcome/Profit

Upload HUD

# of properties completed in last 36 months

0

Address

Outcome/Profit

Upload HUD

Address

Outcome/Profit

Upload HUD

NA

0

Address

Outcome/Profit

Upload HUD

0

Address

Outcome/Profit

Upload HUD

Address

Outcome/Profit

Upload HUD

0

Address

Outcome/Profit

0

Upload HUD

Address

Outcome/Profit

0

Upload HUD

Address

Outcome/Profit

0

Upload HUD

Do you have any projects currently in progress?

NA

How many?

0

Does borrower own investment properties?

NA

How many?

0 NA

Do you have any professional licenses?

Primary investment strategy

Primary investment strategy Explain

SBA Questions

0.00

Loan Amount

Assets (Include Borrower + Co-borrower)

Type

Estimated Value ($)

Amount Owed ($)

Savings/Money Market/ CDs

$ 250,000.00

Stocks/Bonds

$ 350,000.00

IRA / Keogh Accounts

$ 150,000.00

401k / ESOP Accounts

Life Insurance -- Cash Surrender Value Only

Home

$ 850,000.00

250,000.00

Secondary Residences

Other Real Estate

$3,500,000.00

$ 1,850,000.00

Other Assets

Other Assets Details

otherDesc

Total:

$ 5,100,000.00

$ 2,100,000.00

Total Est. Value

- Total Amt Owed

= Total Net Worth

$ 5,100,000.00

- $ 2,100,000.00

= $ 3,000,000.00

123 Main St, Miami, Florida

Property Address : 123 Main St

Property City : Miami

Property State : FL

Property Zip : 33333

Status : Sold

Ownership : 100

Property Type : Single Family Home

Present Market Value : 0

Balance of Mortgages & Liens :

Gross Rental Income :

Mortgage Payments :

Insurance, Taxes, HOA (If Not Included in Payment) :

Net Rental Income :

Titled Under :

Date Purchased : 12/05/2019

Purchase Price : 375,000.00

Value of Improvements Made : 50,000.00

Intended Occupancy : Investment

Sale Date : 05/05/2020

Sale Price : 450000.00

Are there any mortgages or liens? : No

Creditor Name :

Account Number :

Loan Status :

Unpaid Balance : 0.00

Monthly Payment : 0.00

Type :

Credit Limit : 0.00

Maturity Date : //

Is their another mortgage or lien? : No

Creditor Name :

Account Number :

Loan Status :

Unpaid Balance : 0.00

Monthly Payment : 0.00

Type :

Credit Limit : 0.00

Maturity Date : //

Borrower Employment Information

I have ownership share of less than 25% I have ownership share of 25% or more

Monthly Income/Loss $

Weekly Monthly Every 2 weeks Twice a month

Co-borrower Employment Information

Employment Type

I have ownership share of less than 25% I have ownership share of 25% or more

Monthly Income/Loss $

Weekly Monthly Every 2 weeks Twice a month

Borrower Monthly Income

$

(Borrower)

Co-borrower Monthly Income

$

(Co-Borrower)

$

(Borr + Cobor)

Borrower Monthly Expenses

Monthly Payment

Bal Owed

$ 4,000.00

$

$ 5,000.00

$

$ 416.67

$ 9,416.67

(Borrower)

Co-borrower Monthly Expenses

Monthly Payment

Bal Owed

$

(Co-Borrower)

$ 9,416.67

(Borr + Cobor)

Financial Accounts & Securities

Account Type

Name of Institution

Account Number

Balance/Value

Loan Terms

Desired Closing Date

From: 9 - To: 10

Borrower Occupancy

Investment

Transaction Type

Purchase

No Doc

Lendingwise

11/24/2020

Loan Term

12 Months

10.000 %

8.000 %

2.000 %

-308.78

Interest Only Fixed

ILA

$ 3,187.50

Yes

$ 5,000.00

Yes

Will the property need rehab or construction?

Yes

Acquisition / Purchase Price

$ 500,000.00

Property Value (AS-Is)

$ 525,000.00

ARV

$ 850,000.00

maxAmtToPutDownClass Acquisition Down Payment $ 72,500.00 commercialTdFieldsClass Down Payment % 14.50000 %	transactionalTdFieldsClass Initial Loan Amount $ 427,500.00
rehabConsClsClass 0.00 %	LOCTotalLoanAmt_dispClass Initial Loan Amount $
doesPropertyNeedRehabDispDivCLass1 Rehab/Construction Cost $ 150,000.00 doesPropertyNeedRehabDispDivClass2 Rehab/Construction % Financed 100 %	doesPropertyNeedRehabDispDivClass3 Rehab/Construction Cost Financed $ 150,000.00

propertyNeedRehabinitialTddispClass $	payOffMortgage1_dispClass Pay-Off on Mortgage 1 $ Pay-Off on Mortgage 2 $ Pay Off Oustanding Taxes $ $
$ 30,000.00	propertyNeedRehabinitialTddispClass $ 382,500.00
	CORTotalLoanAmt_disp Total Loan Amount $ 577,500.00
	Total Cash Out $
	Total Loan Amount $ 577,500.00
	Total Project Cost $ 650,000.00
	$ 663,400.00

Simple ARV 66.58 %

Full ARV 67.94 %

Acquisition LTV 85.50 %

Market LTV 81.43 %

Loan-to-Cost(LTC) 88.85 %

% Of Rehab/Construction
(Cost Financed) 100.00 %

86.55 %

Refinance Current Mortgage

Original Purchase Date

Current Lender

250,000.00

Original Purchase Price

Cost of Improvements made

Monthly Payment

Current Rate

0.000 %

0 %

Current Loan Balance

Subject Property Details

Property Location

Subject City

miami

Subject State

Subject Zip Code

33129

Property Characteristics

Subject Property Type

Single Family Home

0.000 %

# of units

0.00

Property Details

Estimated Property Value

Zillow value

2500000.00

Get Zillow Value

URL link 1 to Property

Subject Property Condition

Fair

Condition Notes

Property Tax Due Date

1,000.00

0

In Month

Property Access

Subject Property Cash Flow (Annualized)

60,000.00

Vacancy

$3,000.00

5.00

Effective Gross Income

$ 57,000.00

5,000.00

3,000.00

Net Operating Income

$ 44,000.00

Cap Rate

%

Reserves

$

1.00

Debt Service Ratio

1.15 %

Cash Available To Service Debt

$ 54,000.00

VENDOR & EQUIPMENT INFORMATION

1 )

0.00

New Used

0

Options

Pictures of Property

#	Document Name	File Type / Size	Uploaded Info
No Records Found
	Google API Image

1st Lien Current Mortgage Scenario

Interest Only

10.000

1255455

0

Monthly Payment Details

4,000.00

5,000.00

Total Monthly Payment

9,000.00

0.00

Rep Name & all other contact info....

2nd Lien Current Mortgage Scenario

0

Rep Name & all other contact info....

Foreclosure / Default Info

2 NA

No

NA

Attorney Information

Trustee Information

Loan Workout Q & A

NA

0 NA

2 NA

No

Additional Questions

Is there an accepted purchase agreement?

Purchase Agreement Expiration date

Will borrower personally guarantee this loan?

Yes

No

$ 0.00

Does the borrower intend to occupy the property as their primary residence?

No

NA

Loan/Exit Plan

Fix & Flip

What is the projected rental income per month?

7200

Loan/Exit Plan Explanation

0

Are you adding square footage?

No

How many additional square feet are you adding?

0

Tell us more about your scenario & what you are looking for in more detail

This property is in heart of brickel walking distance to city center. very desirable location.

Terms And Conditions

By submitting this application, you acknowledge that everything is true and correct to the best of your knowledge. If Pre-approved, you authorize us to pull your credit report. Certain fees, like an appraisal fee may not be refundable in the event your loan does not close with us.

By checking this box I agree to the terms and conditions. *

Name of person signing:

Reset Signature

Schedule of Real Estate Owned and Sold

Property Address

Property City

Property State

Property Zip

Status

Type Of Property

Present Market Value

Balance of Mortgages & Liens

Gross Rental Income

Mortgage Payments

Insurance, Taxes, HOA (If Not Included in Payment)

Titled Under

Date Purchased

12/05/2019

Purchase Price

Value of Improvements Made

Intended Occupancy

450000.00

Are there any mortgages or liens?

Creditor Name

Account Number

Loan Status

Monthly Payment

Unpaid Balance

Type

Credit Limit

Deal Summary

Bob Rosenthal

Borrower Info

Frank

No

No

10/06/1972

0

650

600 - 619

Co-Applicant Information

No

NA

0

No

Borrowing Business Entity

No

Additional Guarantors

No

Borrower Background

Yes

No

No

No

No

No

No

No

Co-borrower Background

NA

NA

NA

NA

NA

NA

NA

NA

Borrower Experience

Yes

5

15

Single Family

11/17/2018

250,000.00

175,000.00

50000

ABC Flips

100

325,000.00

11/17/2019

321 man street

Miami

FL

33333

650000

Condo

11/10/2019

385,000.00

300,000.00

25000

ABC Flips

100

450,000.00

11/23/2019

123 bird rd

miami

FL

33333

450001

0

0

02

Yes

0