M&M Private Lending Group - Investment Loan Application

M&M PRIVATE LENDING GROUP, LLC

Investment Property Application

Loan Originator(*):

NMLS #:

If this is an application for joint credit, Borrower and Co-Borrower each agree that we intend to apply for joint credit (sign below):

Borrower

Co-Borrower

I. TYPE OF MORTGAGE AND TERMS OF LOAN

Mortgage Applied for: Private Loan

Amount(*)

Interest Rate %(*)

No. of Months(*):

Amortization Type: Interest only

II. PROPERTY INFORMATION AND PURPOSE OF LOAN

Subject Property Address (street, city, state & ZIP)(*)

Purpose of Loan:
Cash out Refinance Purchase

Property will be: Investment Property

Complete this line if is a refinance loan

Year Acquired:

Original Cost: $

Purpose of refinance/Cash out:

Describe Improvements: Made to be made

Costs: $

Title will be held in what corporate name(s)(*):

Corporate FEI Number(*):

Current amount of debt on the property:

Current debt owed to:

Is Property rented: Yes No

Monthly Rent: $

Lease expiry:

III. BORROWER INFORMATION

Borrower's Name (include Jr, or Sr. if applicable)(*)

Co-Borrower's Name (include Jr, or Sr. if applicable):

Home Phone(*):

Home Phone:

Cell Phone(*):

Cell Phone:

Years of School

Email Address(*):

Email Address:

Married
Unmarried (include single, divorced, widowed)
Separated

Dependents (not listed by Co-Borrower)

Ages

Married
Unmarried (include single, divorced, widowed)
Separated

Dependents (not listed by Co-Borrower)

Ages

Primary Address (Street, city, State, ZIP)(*) Own Rent

Present Address (Street, city, State, ZIP) Own Rent

Mailing Address, if different from Present Address(*)

Mailing Address, if different from Present Address

IV. EMPLOYMENT INFORMATION

Borrower	Co-Borrower
Name & Address of Employer() Self Employed Yrs. on this job()	Name & Address of Employer Self Employed Yrs. on this job
Yrs. employed in this line of work/profession(*)	Yrs. employed in this line of work/profession
Position/Title/Type of Business(*) Business Phone (incl. area code)	Position/Title/Type of Business Business Phone (incl. area code)(*)

V. MONTHLY INCOME

Gross Monthly Income	Borrower	Co-Borrower	Total
Base Empl. Income(*)	$	$	$
Other Empl. Income	$	$	$
Dividends/Interest	$	$	$
Net Rental Income	$	$	$
*Total()**	$	$	$

VI. ASSETS AND LIABILITIES

ASSETS

Cash or Market Value
Cash deposit toward purchase held by(*):	$

List checking and savings accounts below		LIABILITIES		Monthly Payment & Months Left to Pay	Unpaid Balance
Name and address of Bank, S&L, or Credit Union(*)		Name and address of Company		$ Payment/Months	$
Acct. no(*)	$	Acct. no(*)		$ Payment/Months	$
Name and address of Bank, S&L, or Credit Union(*)		Name and address of Company		$ Payment/Months	$
Acct. no(*)	$	Acct. no(*)		$ Payment/Months	$
Stocks & Bonds (Company name/ number & description)		$		Name and address of Company	$
Subtotal Liquid Assets	$	Acct. no(*)		Name and address of Company	$
Real estate owned (enter market value from schedule of real estate owned)	$	Alimony/Child Support/Separate Maintenance Payments Owed to:		$	$
Other Assets (itemize)	$	Total Monthly Payments		$	$
Total Assets a.	$	Net Worth (A minus B)	$	Total Liabilities b.	$

Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.)

Property Address (enter S if sold, PS if pending sale or R if rental being held for income)	Type of Property	Present Market Value	Amount of Mortgages & Liens	Net Rental Income
		$	$	$
		$		$
Totals	$	$	$	$

VII. DECLARATIONS

If you answer "Yes" to any questions a through i, please explain your answer

	Borrower		Co-Borrower
	Yes	No	Yes	No
a. Are there any outstanding judgments against you?
f. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee? If "Yes," give details as described in the preceding question.
g. Are you obligated to pay alimony, child support, or separate maintenance?
h. Is any part of the down payment borrowed?
i. Are you a co-maker or endorser on a note?
j. Are you a U.S. citizen?
k. Are you a permanent resident alien?
l. Do you intend to occupy the property as your primary residence? If "Yes," complete question m below.
m. Have you had an ownership interest in a property in the last three years?
1. What type of property did you own-principal residence (PR), second home (SH), or investment property (IP)?	--	--	--	--
2. How did you hold title to the home— by yourself (S), jointly with your spouse or jointly with another person (O)?	--	--	--	--

Acknowledgement. Each of the undersigned hereby acknowledges that the above information is true and accurate, any owner of the Loan, its servicers, Successors and assigns may verify or revivify any information contained in this application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a source named in this application or a consumer reporting agency.

Borrower's Signature:

Date:

Borrower's Signature:

Date:

M&M Private Lending Group

Addendum to Loan Application

Borrower's Name(*):

Co-Borrower Name:

ID: Driver License Passport Social Security

ID Number:

DOB:

Nationality: (If you are not US Citizen):

ID: Driver License Passport Social Security

ID Number(*):

DOB:

Nationality: (If you are not US Citizen)(*):

*Please provide copy of the ID.

Borrower's Signature

Date:

Co-Borrower's Signature

Date: