MASPETH FEDERAL SAVINGS AND LOAN ASSOCIATION ‐ COMMERCIAL LOAN PROPOSAL FORM
Please complete all information below and return to Maspeth Federal Savings & Loan Association via e‐mail to
commorig@maspethfederal.com. Please call our Origination Group at 718‐651‐7888 if you have any questions.
BROKER INFORMATION
Broker Company Name: _______________________________ Broker’s Name: ______________________________________
Phone:____________________________ E‐mail:_______________________________________________________________
APPLICANT/TRANSACTION INFORMATION
Applicant Name(s):________________________________________________________________________________________
Applicant E‐mail:__________________________________________________________________________________________
Loan Amount Requested: $_____________Terms: 3____ 5____ 10____ 15____ Amort: 10____ 15____ 20____25____30____
Loan Purpose: Purchase:_____ Cash‐out Re‐finance:_____ Construction:_____ Land:_____
If Purchase, purchase price:$______________ Source of down payment:___________________________________________
If Refinance, Name of Lien Holder (if any): _____________________________________________________________________
Current interest rate:_________% Outstanding Balance:$_____________________
Date property was last transferred:___________ Name of Seller:______________________________ Sold for:$_____________
PROPERTY INFORMATION
Complete Subject Property Address:__________________________________________________________________________
Block:_____________ Lot:_______________ Property type (per C/O):______________
Description:______________________________________________________________________________________________
Lot Dimensions: _____________ Building Dimensions:___________________ Stories:________ Zoning Code:_______
Owner Occupied?: Residential_____ Commercial_____
Total # of residential units:____ Vacant residential units:____ Total # of commercial units:____ Vacant commercial units:_____
Property details, please check all that apply:
Dry cleaning?: _______ Auto Repair/Gas Station?:_______ Warehouse?:_________ Industrial?:__________
421(a) eligible? ___________ 1031 exchange? __________ Garage? ___________ Extension? ________________
INCOME INFORMATION
Please list all current RESIDENTIAL tenant info. For vacant units, list maximum legal monthly rent:
Tenant Name or Unit Number # of Rooms Lease start date Lease expiration date Monthly Rent
$
$
$
$
$
$
Residential Income Monthly $
Residential Income Annually $
‐ less vacancy (5%) $
Please list all current COMMERCIAL tenant info. For vacant units, list market monthly rent:
Tenant Name or Unit Number Type Total Square Feet Lease expiration date Monthly Rent
$
$
$
$
$
$
Commercial Income Monthly $
Commercial Income Annually $
‐ less vacancy (10%) $
YEARLY BUILDING EXPENSE INFORMATION
Real Estate Taxes $_________________ Water/Sewer $_________________
Insurance $ _______________________ Utilities $______________________ Total Income Annually $_______________
Fuel/Oil $_________________________ Repairs/Maintenance $___________ ‐ Total Expenses Annually $_____________
Management $____________________ Reserves $_____________________ = Net Income $ _______________________
