First Mutual Funding Intake Questionairre

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Individual Completing Form?
I am the borrower
I am a partner
I am a broker representing borrower
Other
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Your name? * This field is required.
First Name
Last Name
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Best Email?* This field is required.
example@example.com
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phone number: (So we can get back to you with feedback asap)* This field is required.
Area Code
Phone Number
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Estimated Credit Score?We can work with any credit score.
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Entity Name for Closing: (LLC, Corp, Trust, etc)LLC, CORP, TRUST OR CLOSING AS INDIVIDUAL?
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Loan TypePlease note: 1) If you already own the property then it's a refinance. 2) If you want to purchase be aware current down payment requirements range between 20%-50%. The only exception is if the seller is willing to carry back
Purchase
Refinance Cash Out - AS IS Value Loan
Refinance No Cash Out - AS IS Value
Purchase + Rehab - ARV Loan with Rehab Draws
Refinance w/ Rehab -ARV Loan with Rehab Draws
Construction
Development Deal
Other
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If Purchase, Are you?
In Contract
Offer Made, Pending Acceptance
About to Make an Offer
No Property Just Researching Loan Terms
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Property Type
Residential
Commercial
Land
Other
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Is property in turnkey condition or rehab required?
Property is Distressed - Requires Rehab
Turn-key - Ready to Rent/Rentable
Other
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Property Description
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Small
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Ok
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Estimated Loan Amount
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Subject Property Address: [CANNOT BE PRIMARY RESIDENCE - Possible exception: Living quarters in a Commercial Property]Property must be INVESTMENT RESIDENTIAL or COMMERCIAL. Primary homes ineligible in all states except Florida.
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Please Select
Please Select
Afghanistan
Albania
Algeria
American Samoa
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
The Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo
Cook Islands
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Curaçao
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Polynesia
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guam
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kiribati
North Korea
South Korea
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Nagorno-Karabakh
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Turkish Republic of Northern Cyprus
Northern Mariana
Norway
Oman
Pakistan
Palau
Palestine
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
Somaliland
South Africa
South Ossetia
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Svalbard
eSwatini
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tokelau
Tonga
Transnistria Pridnestrovie
Trinidad and Tobago
Tristan da Cunha
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
British Virgin Islands
Isle of Man
US Virgin Islands
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
Other
Country
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SUBJECT PROPERTY - Occupancy: How many units in the SUBJECT PROPERTY versus how many RENTED?
NUMBER OF UNITS IN THIS PROPERTY
HOW MANY ARE ACTUALLY RENTED/TENANT OCCUPIED ?
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Who occupies property? Check all that apply.NO PRIMARY RESIDENCES
Vacant
Tenants
The Seller
I live there (refinance) or I will live there(purchase) - property has living quarters
Tenants and my Business
My Business Occupies Property no Tenants
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Do you own other INVESTMENT properties?
Only one, the SUBJECT property.
No, currently I don't own any investment or commercial properties
Yes, I own 1 other investment property
Yes, I own 2 other investment properties
Yes, I own 3 other investment properties
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RESIDENTIAL: Single Family, Duplex, Triplex, 4-Plex | Income/Expenses: (Skip this if Commercial Property or greater than 4 Units)IF 5+ UNITS OR OTHER COMMERCIAL SKIP THIS SECTION.
IF RENTED | GROSS RENTAL INCOME PER MONTH
ANNUAL PROPERTY TAXES $_____?
ANNUAL INSURANCE PREMIUM $_____?
MONTHLY HOMEOWNERS ASSOCIATION DUES $_____?
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IF COMMERCIAL: Income/Expenses (Skip this if SFR, Duplex, Triplex or 4Plex - This section is for 5Units+ Multifamily and Commercial Properties)
EST. GROSS RENTAL INCOME
EST ANNUAL PROPERTY TAXES $___?
EST ANNUAL INSURANCE PREMIUM $____?
EST OTHER COMMERCIAL PROPERTY ANNUAL EXPENSES: MGMT FEES, REPAIRS, MAINTENANCE, UTILITIES, ETC.
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Refinance Questions:
ESTIMATED AS IS VALUE?
CURRENT BALANCE? OR FREE AND CLEAR?
EST DATE OF PURCHASE?
ANY 30 DAY+ LATES IN PAST 12 MONTHS, HOW MANY?
CURRENT LOAN IN DEFAULT? YES OR NO?
ORIGINAL PURCHASE PRICE?
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Refinance Only: How will funds be used?? AND is your loan about to mature or past maturity?SKIP IF THIS IS A PURCHASE
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Refinance + Rehab (After Repair Value Loan Scenario)IF PURCHASE, SKIP THIS SECTION
EST DATE PURCHASED?
ORIGINAL PURCHASE PRICE?
HOW MUCH SPENT IN REHAB SO FAR?
REHAB BUDGET $ TO FINISH?
EST AFTER REPAIR VALUE?
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Purchase Questions:
ESTIMATED PURCHASE PRICE?
ARE YOU IN CONTRACT? YES? IF YES, WHAT DATE?
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Purchase+Rehab Questions:
ESTIMATED REHAB BUDGET?
ESTIMATED AFTER REPAIR VALUE?
HOW MANY REHABS HAVE YOU DONE UNDER YOUR NAME PAST 3 YEARS?
HOW MANY OF THOSE REHABS HAVE YOU SOLD?
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Has this deal previously been declined? If Yes, please explain
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Construction Scenario Survey:
Please Select
Please Select
Yes, I already own lot
No I need to purchase lot
ALREADY OWN LOT?
ESTIMATED BALANCE? $ | OR FREE AND CLEAR?
PURCHASE PRICE OF LOT?
DATE PURCHASED?
ESTIMATED CONSTRUCTION BUDGET?
STATUS OF PLANS/PERMITS?
ESTIMATED AS COMPLETED VALUE?
HOW MANY GROUND-UP CONSTRUCTIONS PROJECTS COMPLETED IN PAST 3 YEARS?
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Seeking LONG-TERM: Permanent Financing OR Seeking BRIDGE LOAN: (Short-Term Financing(due to distressed Property or distressed Credit or other nonbankable reason) - Check all that apply:
PERMANENT: Long-Term Preferably, My Credit is in good standing and the property is income-producing or vacant but just between tenants
BRIDGE: Short-Term - REHAB SCENARIO: this is a fix and flip or fix and hold. I'll get a permanent loan after repairs.
BRIDGE: Short-Term - DUE TO CREDIT: my credit does not allow permanent financing yet
BRIDGE: Short-Term - CONSTRUCTION: I'll get a permanent loan after completion/construction.
BRIDGE: Short-Term - VACANCY/STABILIZATION: I'll get a permanent loan after rents are stabilized
Other
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Exit Strategy - If this is a SHORT-TERM bridge you're seeking, how do you intend to exit this loan: Selling? Refinancing into a Permanent Loan, Property is on the Market? Other___?
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Development Deal Notes & Items Initial Items Needed: If this is a development deal, please describe in notes below and then send the following items.: Due Diligence Package * Project Summary Overview * Executive Summary * Project Proforma * itemized Construction Budgets * Plan sets * Borrower Personal Financial Statement * Borrower Resume Please send above items to: info@fmfteam.com or call 214-661-0391
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Additional Comments:If this is a purchase and you don't have a contract or made an offer yet? Please fill out this questionnaire when your'e ready with a) purchase price b) rehab budget c) estimated after repair value if applicable. Otherwise please advise of any other applicable notes regarding your request. Remember to click SUBMIT to complete. Thank you and stay safe. :)
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NO PROPERTY, NO CONTRACT, NO OFFER MADE?

No problem

Once you know the following data points below use this questionnaire again and then we can price it out and qualify you:

1. Estimated Purchase Price?
2. Estimated Repair Budget? If Fix and Flip or Rehab Loan using ARV
3. Estimated After Repair Value? If Fix and Flip or Rehab Loan using ARV
4. Estimated Credit Score?
5. Total Available Liquidity for: DOWN PAYMENT, CLOSING COSTS, AND RESERVES? (Very important)

You can use this link again when you're ready with the information.

Text me at 214-661-0391 with any additional questions.

Thank you, stay safe! Mike..... First Mutual Funding
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