BUSINESS LIABILITIES
List all liabilities that are paid by the business but may appear on your personal credit report; for example, car payments or equipment leases. This may be used to reduce the
personal debt-to-income ratio and enhance the your eligibility profile.
Creditor Name
Balance
Monthly Payment
Original Date
Original Amount
Interest Rate
Maturity Date
Collateral
%
$
$
$
$
$
$
%
%
$
$
$
PERSONAL DECLARATIONS
Have you been convicted of a felony within the past 10 years?
Yes
No
BUSINESS DECLARATIONS
Neither my business, nor any principal of my business is a party to any lawsuit.
True
False
My business has never defaulted on any Federal debt including SBA loans.
True
False
No principal of my business has had a property foreclosed within the past 4 years.
True
False
The business has neither been denied a license, certification or ability to conduct business
True
False
nor been suspended or administratively limited to its ability to conduct business.
Please explain any declaration with a “False” response:
ADDITIONAL COMMENTS
DOCUMENTS
Please include the following documents when requesting a loan:
Fully completed and signed URLA 1003 Loan Application for all borrowers/guarantors.
A Tri-Merged Credit report dated within 60 days.
Fully executed and valid Purchase and Sale Agreement with all Amendments, Schedules and Signatures, if the loan is for purchase.
Current Rent Roll certified within 60 days of submission by the Borrowers/Sellers for the subject property.
Certified Operating Statements by the borrower for the Subject Property for the most recent 2 years and year to date.
All applicable personal and business tax returns and schedules for the borrower(s) (including all related business entities) for the most recent 2 years.