Loan Application

note...	You may fill out this application online and fax or mail in your supporting documentation. If you prefer, you can print out the application and mail it or fax. Or call us at 716-668-6875 or email us for a no obligation consultation.
Applicant Name:
Address:
City:
State:		Zipcode
Telephone:		Fax:
E-Mail Address: Requested Loan Information
Loan Amount $		Desired Rate:
Loan to Value:		Credit Scores:
Grantor Fico Scores:
Requested Amort./ Term		Loan Purpose
If Refinance: Payment History of Existing Loan
Late x30		Maturity Date:
Late x60
Late x90+
Rate:	%	Next Due Date:
Proposed Loan Proceeds Distributon
1. Refinance		OR 2. Purchase
P/O Mtg. 1:		Purchase Price $
P/O Mtg. 2:		Down Payment $
P/O Taxes:		Addtnl' Financing$
Other:		Other$
Req. Loan Amt.$:		Req. Loan Amt.$
Amount of funds available for closing costs: $
Other - Explain:
Proposed Collateral
Property Type:		No.of Buildings:
Property Address:		City and State:
Bldg. Size Sq. Ft.		No. of Units:
Occ %		Owner Occ:
Original Purch Price:		Original Purchase Date:
Income (Annual):		Expenses (Annual):
NOI(Annual):		Real Estate Value:
Source:		Date of Source:
Summary (Explain purpose, history,relevant property information):



TO BE COMPLETED BY ALTERNATIVE CAPITAL
Loan Number: ______________________		Amount $_________________________
LTV: _____________________________		Rate: ____________________________
Amort Term: _______________________		Term: ____________________________
Repay: ___________________________		Appraisal: _________________________
Enviro: ___________________________		Prop Insp: _________________________
Approved: ________________________		Date Submitted: ____________________
Loan Officer:______________________

Please forward the following required information in order to properly understand, evaluate, price and respond to your loan request. Mail to the address below.

Color Photos: Please provide, front, rear and interior photos of the subject along with street scenes and photos of adjacent properties.
Loan Request Form: Please complete all fields. The form serves as an executive summary and helps to answer questions that we have about your deal.
Purchase Contract or Deed: Please provide a copy of the purchase contract and or the current deed evidencing ownership (if a refinance) Credit Report(s): Please provide reports with FICO score(s) on all applicants.
Rent Roll: Please provide a current rent roll or lease summary to include tenant name, suite number, square footage occupied, type of lease ( I. E. Gross, NNN, NN, N, percentage or other) current annual base rental rate, expense payment provisions, stated options or fixed renewals, start date of lease and end date on lease.
Profit & Loss Statement: Please provide prior two years (if applicable) and year to date profit and loss statement(s).
Financial Statement(s) and Tax Returns: provide a financial statement on all applicants and include the last two years tax returns.
Third Party Reports: If you have, please fowrard all previous third party reports (i.e.) appraisals, feasibility studies, environmental, engineering reports, cost breakdowns of recent imporvements, surveys and title work. Even if the reports are dated this will aid us in better understanding your loan request.
Renovation Work: If any renovation work isto be done with the proposed loan please provide (I) a complete breakdown of the work to be completed (ii) the bid of the costs from a licensed general contractor in the location that the subject property is located (iii) all architectural plans (if applicable) (vi) the draw schedule to indicate no more than (3) draws demonstrating all work to be completed within three months of loan closing and (v) build a payment reserve (if necessary) into the loan request to properly cover the debt service during the complete renovation period.
Other: Please provide any other documentation that you believe will help understand your loan request.

For more information call or write us at:
2448 Union Road
Buffalo, New York 14227-2330
Tel (716) 668-6875 * Fax (716) 668-6847

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Loan Application

E-Mail Address:

Requested Loan Information

Proposed Loan Proceeds Distributon

Proposed Collateral

TO BE COMPLETED BY ALTERNATIVE CAPITAL