Business Subordination Worksheet

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BUSINESS SUBORDINATION WORKSHEET
SBA Loan# (NOT control number) __________________________
SUBORDINATION ON PROPERTY__________________________
__________________________
BORROWER(s) NAME(s) __________________________________
HOME ADDRESS ________________________________________
________________________________________
DAYTIME PHONE ________________________________________
NEW FIRST MORTGAGE AMOUNT $ ________________________
NEW PAYMENT AMOUNT $ ________________________________
NEW INTEREST RATE ____________________________________
CURRENT 1
MORTGAGE PAYOFF $ ________________________
ST
CURRENT 1
MORTGAGE PAYMENT $ _______________________
ST
CURRENT 1
MORTGAGE INTEREST RATE ___________________
ST
CURRENT 2
MORTGAGE BALANCE $ _______________________
ND
CURRENT 2
MORTGAGE PAYMENT $ _______________________
ND
CURRENT 2
MORTGAGE INTEREST RATE ___________________
ND
CURRENT 3
MORTGAGE BALANCE $ ________________________
rd
CURRENT 3
MORTGAGE PAYMENT $ ________________________
rd
CURRENT 3
MORTGAGE INTEREST RATE ____________________
rd
CURRENT 4
MORTGAGE BALANCE $ ________________________
th
CURRENT 4
MORTGAGE PAYMENT $ ________________________
th
CURRENT 4
MORTGAGE INTEREST RATE ____________________
th
APPRAISED VALUE OF REAL ESTATE $________________________
DATE OF APPRAISAL _______________________________________

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