Real Estate Addendum Form

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US Bank Small Business Loan Center
REAL ESTATE
ADDENDUM
BUSINESS APPLICANT
APPLICATION DATE
What name is the property going to be titled in________________________________________
Property Address: (attach legal description)_________________________________________________________
City_______________________ State_____________ Zip_______________ County________________________
Describe Property (Include location, size, age, building material, layout, type and conditions of improvements, land
area, access, parking, and any other pertinent or appropriate information):_________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
Type:
Commercial (type & size)
Office _______sf
Office Warehouse_______sf
Retail__________sf
Other________sf
Industrial_________sf
Personal Residence
Other Residential
1-4 Family
Multi-family (# of units____)
Other___________
Agricultural
Homestead
Non-Homestead
Acres_________________
Complete for all requests:
Purchase Price
$___________________
Down Payment
$___________________
Source of Down Payment:_________________________
Tax Assessed Value $___________________
For the refinance of real estate or secured by existing real estate, please complete the following:
Date Purchased
_______________
Cost of improvements made after purchase $_____________
Current Market Value $______________
Description of those improvements_____________________
Prior Liens
$______________
_________________________________________________
ADDITIONAL REQUIREMENTS:
Purchase Agreement (if purchasing real estate or building)
Copy of Lease Agreements
Copy historical income & expense information (Schedule E of Tax Returns)
Most recent property tax statement (if refinancing real estate or secured by existing real estate)
Recent environmental report or appraisal (if available)
IN ADDITION, THE FOLLOWING IS NEEDED FOR CONSTRUCTION REQUESTS:
Sworn Construction Statement (if proceeds are for construction cost)
Copy of plans, specifications and cost breakdown (if proceeds are for construction cost)
This Application Addendum form is hereby incorporated by reference in the business loan application completed
by the Business Applicant identified above.
Revised 03/17/04

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