DSCR Business Purpose Loan Application Instructions
This form contains 100 fields organized into 18 sections. Below is a complete list of every field, its type, and what information is expected.
| Field Name | Type | Description |
|---|---|---|
| Applicant Contact and Identification | ||
| Phone Number | Text |
Please enter the applicant's phone number.
|
| Email Address | Text |
Please enter the applicant's email address.
|
| Date of Birth | Date |
Please enter the applicant's date of birth.
|
| Social Security Number | Text |
Please enter the applicant's Social Security Number.
|
| Applicant Current Address | ||
| Street Address Line 1 | Text |
Please enter the first line of the applicant's current street address.
|
| Street Address Line 2 | Text |
Please enter the second line of the applicant's current street address, such as apartment or suite number.
|
| City | Text |
Please enter the city of the applicant's current address.
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| State | Text |
Please enter the state of the applicant's current address.
|
| Zip Code | Text |
Please enter the zip code of the applicant's current address.
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| Years and Months at Address | Text |
Please enter the duration, in years and months, the applicant has resided at the current address.
|
| Applicant Name and Status | ||
| First Name | Text |
Enter the applicant's first name.
|
| Last Name | Text |
Enter the applicant's last name.
|
| Marital Status | Text |
Enter the applicant's marital status.
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| Citizenship | Text |
Enter the applicant's country of citizenship.
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| Bankruptcy Declaration | ||
| Applicant Bankruptcy Involvement | Text |
Please indicate if the applicant has been involved in bankruptcy or insolvency proceedings in the last 3 years.
|
| Applicant Yes | Checkbox |
Check this box if the Applicant has been involved in bankruptcy or insolvency proceedings in the last 3 years.
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| Applicant No | Checkbox |
Check this box if the Applicant has not been involved in bankruptcy or insolvency proceedings in the last 3 years.
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| Co-Applicant Yes | Checkbox |
Check this box if the Co-Applicant has been involved in bankruptcy or insolvency proceedings in the last 3 years.
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| Co-Applicant No | Checkbox |
Check this box if the Co-Applicant has not been involved in bankruptcy or insolvency proceedings in the last 3 years.
|
| Bankruptcy Details | Text |
Provide a detailed explanation of any bankruptcy or insolvency proceedings the applicant has been involved in within the last 3 years. Fill only if 'Applicant Yes', 'Co-Applicant Yes' is 'Yes' for any.
Depends on:
Applicant Yes, Co-Applicant Yes
|
| Co-Applicant Address | ||
| Co-Applicant Own/Rent Status | Text |
Please indicate whether the co-applicant owns or rents their current residence.
|
| Co-Applicant Current Street Address | Text |
Please provide the co-applicant's current street address.
|
| Co-Applicant City | Text |
Please enter the city of the co-applicant's current residence.
|
| Co-Applicant State | Text |
Please enter the state of the co-applicant's current residence.
|
| Co-Applicant Zip Code | Text |
Please provide the zip code of the co-applicant's current residence.
|
| Co-Applicant Residence Duration | Text |
Please enter the duration, in years and months, for which the co-applicant has resided at their current address.
|
| Co-Applicant Contact and Identification | ||
| Co-Applicant Phone Number | Text |
Please enter the co-applicant's phone number.
|
| Co-Applicant Email Address | Text |
Please enter the co-applicant's email address.
|
| Co-Applicant Date of Birth | Date |
Please enter the co-applicant's date of birth.
|
| Co-Applicant Social Security Number | Text |
Please enter the co-applicant's Social Security Number.
|
| Co-Applicant Personal Details | ||
| Co-Applicant Marital Status | Text |
Please enter the marital status of the co-applicant.
|
| Co-Applicant First Name | Text |
Please enter the first name of the co-applicant.
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| Co-Applicant Last Name | Text |
Please enter the last name of the co-applicant.
|
| Co-Applicant Citizenship | Text |
Please enter the citizenship of the co-applicant.
|
| Declarations | ||
| Explanation for Lawsuits or Collections | Text |
Provide a detailed explanation including lender/creditor/supplier name, amount of claim, whether the claim is open or settled, and if settled, the date the claim was settled.
|
| DSCR BUSINESS PURPOSE LOAN APPLICATION | ||
| Text | ||
| Text | ||
| Entity Information | ||
| Entity Name | Text |
Please provide the legal name of the entity.
|
| Entity Type | Text |
Please specify the legal structure or type of the entity.
|
| Date Established | Date |
Please enter the date when the entity was legally established.
|
| EIN | Number |
Please provide the Employer Identification Number (EIN) for the entity.
|
| Bank Name | Text |
Please provide the name of the entity's primary bank.
|
| Bank Balance | Number |
Please enter the current balance in the entity's primary bank account.
|
| Entity Street Address | Text |
Please provide the street address of the entity's primary location.
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| Entity City | Text |
Please provide the city of the entity's primary location.
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| Entity State | Text |
Please provide the state of the entity's primary location.
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| Entity Zip Code | Text |
Please provide the zip code of the entity's primary location.
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| Entity Phone Number | Text |
Please provide the primary phone number for the entity.
|
| Felony Declaration | ||
| Felony Charge/Conviction | Text |
Indicate whether you have been charged or convicted of a felony by entering 'Yes' or 'No'.
|
| Checkbox | ||
| Checkbox | ||
| Checkbox | ||
| Checkbox | ||
| Felony Details | Text |
Provide a detailed explanation if you have been charged or convicted of a felony. Fill only if is 'Yes' for any.
Depends on:
,
|
| First Owner Information | ||
| Owner Name | Text |
Please provide the full name of the first owner.
|
| Owner SSN / Tax ID | Text |
Please provide the Social Security Number or Tax ID for the first owner.
|
| Owner Title | Text |
Please provide the official title of the first owner within the business entity.
|
| Owner Primary Address | Text |
Please provide the primary residential address of the first owner.
|
| Owner Ownership Percentage | Number |
Please provide the percentage of ownership held by the first owner in the business entity.
|
| Guarantor Yes | Checkbox |
Check this box if the first owner is a guarantor.
|
| Guarantor No | Checkbox |
Check this box if the first owner is not a guarantor.
|
| US Citizen Yes | Checkbox |
Check this box if the first owner is a U.S. Citizen.
|
| US Citizen No | Checkbox |
Check this box if the first owner is not a U.S. Citizen.
|
| Fourth Owner Information | ||
| Fourth Owner Name | Text |
Please provide the full name of the fourth owner of the business entity.
|
| Fourth Owner SSN/Tax ID | Text |
Please provide the Social Security Number or Tax ID of the fourth owner.
|
| Fourth Owner Title | Text |
Please provide the job title or role of the fourth owner within the business entity.
|
| Fourth Owner Primary Address | Text |
Please provide the primary residential address of the fourth owner.
|
| Fourth Owner Ownership Percentage | Number |
Please provide the percentage of ownership the fourth owner holds in the business entity.
|
| Fourth Owner is Guarantor (Yes) | Checkbox |
Check this box if the fourth owner is a guarantor for the loan.
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| Fourth Owner is Guarantor (No) | Checkbox |
Check this box if the fourth owner is not a guarantor for the loan.
|
| Fourth Owner is US Citizen (Yes) | Checkbox |
Check this box if the fourth owner is a US Citizen.
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| Fourth Owner is US Citizen (No) | Checkbox |
Check this box if the fourth owner is not a US Citizen.
|
| Lawsuit Declaration | ||
| Lawsuit Declaration Details | Text |
Provide a detailed explanation of any pending or past lawsuits, including the lender/creditor/supplier name, the amount of the claim, the current status (open or settled), and if settled, the date the claim was settled.
|
| Applicant Lawsuits - Yes | Checkbox |
Check this box if the Applicant is currently involved, or has previously been involved, in any pending lawsuits, including foreclosure, collection, or suits by past or current lenders, creditors, or subcontractors/suppliers.
|
| Applicant Lawsuits - No | Checkbox |
Check this box if the Applicant is NOT currently involved, and has NOT previously been involved, in any pending lawsuits, including foreclosure, collection, or suits by past or current lenders, creditors, or subcontractors/suppliers.
|
| Co-Applicant Lawsuits - Yes | Checkbox |
Check this box if the Co-Applicant is currently involved, or has previously been involved, in any pending lawsuits, including foreclosure, collection, or suits by past or current lenders, creditors, or subcontractors/suppliers.
|
| Co-Applicant Lawsuits - No | Checkbox |
Check this box if the Co-Applicant is NOT currently involved, and has NOT previously been involved, in any pending lawsuits, including foreclosure, collection, or suits by past or current lenders, creditors, or subcontractors/suppliers.
|
| Owner Explanations | ||
| Owner Explanations | Text |
Enter any comments or additional explanations regarding the ownership interest in the business entity, including details for owners who are not US Citizens. Fill only if 'US Citizen No', 'US Citizen No', 'Third Owner US Citizen No', 'Fourth Owner is US Citizen (No)' is 'No' for any of the US Citizen* fields.
Depends on:
US Citizen No, US Citizen No, Third Owner US Citizen No, Fourth Owner is US Citizen (No)
|
| Real Estate Activities Declaration | ||
| Applicant Yes | Checkbox |
Check this box if the applicant is a licensed General Contractor, Real Estate Broker / Salesperson, Lender, Appraiser, or involved in any other real estate related activities.
|
| Applicant No | Checkbox |
Check this box if the applicant is not a licensed General Contractor, Real Estate Broker / Salesperson, Lender, Appraiser, or involved in any other real estate related activities.
|
| Co-Applicant Yes | Checkbox |
Check this box if the co-applicant is a licensed General Contractor, Real Estate Broker / Salesperson, Lender, Appraiser, or involved in any other real estate related activities.
|
| Co-Applicant No | Checkbox |
Check this box if the co-applicant is not a licensed General Contractor, Real Estate Broker / Salesperson, Lender, Appraiser, or involved in any other real estate related activities.
|
| Second Owner Information | ||
| Second Owner Name | Text |
Enter the full name of the second owner for the business entity.
|
| Second Owner SSN / Tax ID | Text |
Enter the Social Security Number or Tax ID of the second owner.
|
| Second Owner Title | Text |
Enter the professional title or role of the second owner within the business entity.
|
| Second Owner Primary Address | Text |
Enter the primary mailing address for the second owner.
|
| Second Owner Ownership Percentage | Number |
Enter the percentage of ownership the second owner holds in the business entity.
|
| Guarantor Yes | Checkbox |
Check this box if the second owner is a guarantor.
|
| Guarantor No | Checkbox |
Check this box if the second owner is not a guarantor.
|
| US Citizen Yes | Checkbox |
Check this box if the second owner is a US Citizen.
|
| US Citizen No | Checkbox |
Check this box if the second owner is not a US Citizen.
|
| Third Owner Information | ||
| Third Owner Name | Text |
Please provide the full name of the third owner.
|
| Third Owner SSN or Tax ID | Text |
Please provide the Social Security Number or Tax ID for the third owner.
|
| Third Owner Title | Text |
Please provide the title of the third owner within the business entity.
|
| Third Owner Primary Address | Text |
Please provide the primary residential or mailing address for the third owner.
|
| Third Owner Ownership Percentage | Number |
Please provide the percentage of ownership the third owner holds in the business entity.
|
| Third Owner Guarantor Yes | Checkbox |
Check this box if the third owner listed in the 'Entity Information' section is a guarantor.
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| Third Owner Guarantor No | Checkbox |
Check this box if the third owner listed in the 'Entity Information' section is not a guarantor.
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| Third Owner US Citizen Yes | Checkbox |
Check this box if the third owner listed in the 'Entity Information' section is a US Citizen.
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| Third Owner US Citizen No | Checkbox |
Check this box if the third owner listed in the 'Entity Information' section is not a US Citizen.
|