ComAg Financial
Commercial Real Estate Loan Inquiry
1.
Property Address and APN(s):
(Required Field)
2.
Property Type:
Agricultural Land
Agribusiness Processing Facility
1-4 Unit Residential (Non-Owner Occupied
Multi-Family Residential (5+ Units)
Mixed-Use
Office
Retail
Industrial
Mobile Home Park
Specialty Use
Automotive
Self-Storage
Land
Other
3.
Additional Comments Regarding Property Type:
4.
Transaction Type:
Purchase
Refinance
Development
New Construction
5.
Purchase Price / Market Value:
6.
If refinance, cash-out amount desired:
7.
If owned, date of purchase / acquisition
8.
Original Purchase Price or Value at Time of Aquisition
9.
Existing Loan / Lien Balance
10.
If Owned, Current Lender Name
11.
Loan Term Preferred
Less than 1 year
1 to 2 years
3 years
5 years
7 years
10 years or more
12.
Preferred Lender Type
Institutional / Bank
FLEX / Alt-A
Private / Hard Money
13.
How will loan funds be used?
14.
Property Exit / Hold Strategy
Hold Long-Term
Value-Add Then Sell
Value-Add Then Refinance
15.
Will/does borrower's business occupy the building/real estate?
16.
If Yes, will/does borrower occupy more than 51% of the property?
17.
Property Total Units / Tenants
18.
Current Occupancy Percentage
19.
Commercial Total Units/Tenants
20.
Residential Total Units
21.
How many units are occupied?
22.
Gross Property Income Per Year
23.
Total Property Expense Per Year
24.
If Commercial Tenants, Least Type
NNN (Tenant pays property tax, insurance, and maintenance expense)
Gross (Landlord pays property tax, insurance, and maintenance)
Modified Gross (Landlord and tenant share operating expeses)
Full Service (Landlord pays most or all operating expenses)
25.
If commercial, tenant types and company names, if available
26.
If purchase, closing date
27.
If rehab or new construction, after-repair value (ARV) or post-construction value
28.
Rehab/Construction Costs
29.
Property Number of Buildings
30.
Total Building Sq. Ft.
31.
Total Number of Building Floors in Each Building (Separate buildings with commas)
32.
Property Total Acreage or Total Lot Square Feet
33.
Year Built
34.
Property Zoning
35.
Borrower/Sponsor Credit Score
36.
Liquid Cash On Hand
37.
Total Number of Other Properties Owned by Borrower
38.
Total Value of Other Real Estate Holdings
39.
Borrower/sponsor net worth
40.
Any Pending Lawsuits (If yes, please briefly describe)
41.
Any Pending Bankruptcy or Recent Bankruptcy (If yes, please briefly describe)?
42.
If request is for refinance, is existing mortgage current?
43.
How many partners / LLC Members / Corporation Shareholders on Property?
44.
What other lenders have reviewed a proposal for this loan? What is the status of those reviews?
45.
What verification documents do you have available to provide?
(check all that apply):
Rent Roll
Profit and Loss - T12
Loan Application - Personal Financial Statement
Schedule of Real Estate Owned (SREO)
Credit Report
Scope of Work and Budget
Tax Returns
CPA Reviewed Financial Statements
CPA Audited Financial Statements
46.
Please provide any additional information that would be helpful for understanding the property and proposed financing:
47.
(If Purchase Transaction) Real Estate Broker Name
48.
Real Estate Broker Phone Number:
49.
Real Estate Broker Email Address:
50.
Borrower Full Name:
(Required Field)
51.
Point of Contact (POC) Name (If different from borrower name):
52.
Point of Contact Phone Number:
(Required Field)
53.
Point of Contact Email Address:
(Required Field)