DSCR Second Position Loan Questionnaire

DSCR Second Position Loan Questionnaire

Please complete this form so we can size your second-position DSCR loan request and determine whether we can issue preliminary terms. This is for initial review only and is not a loan approval.
Borrower Contact
Full Name*

First NameLast Name
Phone Number*
Please enter a valid phone number.Format: (000) 000-0000.
Email Address*
example@example.com
Property Basics
Property Address*

Street Address

Street Address Line 2
CityState / ProvincePostal / Zip Code
Property Type*
Property Use*
Estimated Current Property Value (USD)*
Current Condition of Property*
Income and Expenses
Current Monthly Rental Income (USD)*
Market Monthly Rental Income Estimate (USD)*
Annual Property Taxes (USD)*
Annual Insurance (USD)*
Annual HOA Dues (USD)*
Is the property currently leased?*

YesNo
Lease Expiration Date*

MonthDayYear
Date
Lease Agreement / Rent Roll / Proof of Rent Deposits*

Cancelof
Existing First Mortgage
Current First Mortgage Lender*
Current Unpaid Principal Balance on First Mortgage (USD)*
Current Monthly Payment on First Mortgage (USD)*
Current Interest Rate on First Mortgage (%)*

1

2

3

4

5

6

7

8

9

10

1 is Low, 10 is High
First Mortgage Loan Type*

FixedARMInterest OnlyBalloonOther
Is the first mortgage current?*

YesNo
Any late payments on the first mortgage in the last 12 months?*

NoYes
Does the first mortgage allow subordinate financing / a second lien?*

YesNoNot Sure
Upload the most recent mortgage statement*

Cancelof
Are there any other liens on title?*

YesNo
Describe other liens and total balances
Requested Second Position Loan
Requested Second Position Loan Amount (USD)*
Purpose of Funds*
If Other, describe the use of proceeds
Desired Timeline to Close

MonthDayYear
Date
Type of Second Position Loan Requested*

Closed-End SecondHELOCNot Sure
Borrower / Ownership
Estimated Credit Score
How is title currently held?*
Are there any partners or co-owners on the property?*

YesNo
List all partners/co-owners and ownership percentages
Which lenders have you taken this property to already? (if none, put N/A)*
Liquid capital available for reserves and closing costs (USD)*
Supporting Documents
Additional Supporting Documents

Cancelof
Final Acknowledgment
I certify that the information provided is accurate to the best of my knowledge*

I certify
I understand this form is for initial review only and does not constitute loan approval*

I understand
Should be Empty:

DSCR Second Position Loan Questionnaire

Borrower Contact

Property Basics

Income and Expenses

Existing First Mortgage

Requested Second Position Loan

Borrower / Ownership

Supporting Documents

Final Acknowledgment