Emigrant Mortgage Corporation

Co mme rc ia l Mo r tg ag e Lo a n Se t Up
Emigrant Mortgage Corporation 6 East 43rd Street, NY NY, 10017 4th floor
Commercial Pre-Qual INFORMATION
FACSIMILE
EMC MC:Jason Nash – Fax (201)604-6577, Cell (201)543-7232
Mortgage Co:_______________ Broker Name & Phone:____________________
PROPERTY INFORMATION AND PURPOSE OF LOAN

Borrowers Name: Fico score ( ) Past Foreclosure /Bankruptcies ? (Y / N)

Subject Address: New Construction?_____yes_____no

Owner Occupied APT COMMERCIAL
Property Type: Mixed use Underlying co-op Apartment Building Retail (no. APTS)

Loan Amount Requested $ ________________ Purpose: Purchase Refinance Cash out refi

Term 5/25 10/25 15/15

If Purchase, Purchase Price $_________________ Source of down paymntt? ________________ Is property in foreclosure ?____________________

Is there an executed contract of sale? Yes No Number of buildings_?___________________

If Refinance, Name of lienholder_______________Outstanding balance $_____________________ Value ________________

What DATE was the building last transferred? ____________ Name of seller? ______________________ Amount$________________

PROPERTY DESCRIPTION

Number of stories___________ Lot size_________________ Building size ______________ Block___________Lot ______________

How many units? Residential Units _________ # vacant Apts_______________ Comm’l/retail Units _________ # vacant Comm’l/retail_______________

What is the Gross Annual Iincome Residential $_______________ Commercial $_______________ Total $________________

INCOME
RESIDENTIAL
Please specify all current RESIDENTIAL tenants, and for vacant and owner occupied units list maximum legal monthly rent:

Unit # / Name Number Of Rooms Total Sq Ft Lease Exp Date / Vacant (?) Monthly Rent

Total Residential Monthly:

Total Residential Yearly:

COMMERCIAL
Please specify all current COMMERCIAL tenants, and for vacant and owner occupied units list market monthly rent:

Unit Number Type Total Sq Ft Inception Date Lease Exp Date / Vacant Monthly Rent

Total Commercial Monthly:

Total Commercial
Yearly:

Dry Cleaning? Yes No____ Are all the units above Total Gross Yearly Income: $
conforming to the
Auto Repair, Gas, Yes No Legal Cof O ? Yes---------No----

Industrial/Factory Yes No__ Less: Vacancy Factor: $

5% Res 10 % Comm’l

Owner occupied Effective Gross Income Yearly: $

_______Apt.________Store
EXPENSES

Please list Yearly building expenses:

Yearly Real estate taxes $
EFC Quote
Fuel $
Date ________________ Swap Rate _____________BPS
Insurance $
Amount $____________ Rate ___________________BPS Water/Sewer $
Electricity/Gas $
Term ________________ Amort ___________________
Management cost $
Pts __________________ Grty _____________________
Repairs & Maintenance $
Decline ______________ Initial ____________________ Reserve $
Total Expenses Yearly $ Net Income:$_______________