PRESIDENTIAL® LOAN PRE-QUALIFIER
Multifamily Permanent Mortgage Loans

What size loan do we qualify for?    To find out, please enter the requested information.

 
DESIRED LOAN AMOUNT (optional)
 $

Multifamily Property Annual Gross Income Data
Monthly Gross Potential Rent *
(based on current actual rents of occupied units, plus street rent of vacant units)
 $
Calculated Annual Gross Potential Rent
 $
Estimated Vacancy and Collection Loss* 
(Based on actual historical experience - Use percent, not decimal.)

%

$
Annual laundry and other income
 $
Projected Effective Gross Income
 $
 

Multifamily Property Annual Expense Data
Utilities*
(Include heating, electricity, water and sewer)
 $
Refuse Collection and Disposal*
 $
Cleaning Supplies and Expenses*
 $
Repairs and Maintenance Expenses*
 $
Salaries and Benefits
 $
Professional and Administrative Fees
 $
Property Management Fees

%

$
Other Operating Expenses*
 $
ANNUAL OPERATING and MANAGEMENT EXPENSES
 $

Annual Real Estate Taxes*
 $
Annual Insurance Expenses*
 $
TOTAL ANNUAL PROPERTY EXPENSES
 $

ANNUAL NET OPERATING INCOME (NOI)
 $

Required Annual Debt Service Payments
 $

ANNUAL NET CASH FLOW
 $

 

Other Property Information
NUMBERS OF UNITS *    
Studios 
1-Bedroom  
2-Bedroom 
3-Bedroom 
Other
 TOTAL
Purpose of Loan: *
Acquisition      Refinance
     New Construction     Renovation
OWNER'S ESTIMATE OF CURRENT PROPERTY VALUE
(What you could really sell the property for in the next 6 months)

$ 

Current Real Estate Tax Assessed Value:*   

$ 

NOTE:  Fields marked *  are required for a response.

 

 

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last updated 05/05/2008 lmm
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