Form – Commercial Loan – Castle Commercial Capital

Commercial Loan Pre-Qualification

Step 1 of 9 - Loan

LOAN INFORMATION:
Loan Purpose*
- Acquisition
- Acquisition and Rehab
- Refinance
- Refinance and Rehab
- Portfolio
Preferred Loan Term*
Requested Loan Amount*
Est. As-Is Property Value*
Property Type:*
Property Use:*
Percent Owner-Occupied
Describe the Purchase:
Describe the Purchase:

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ACQUISITION INFORMATION:
Property under contract?
Business purchase contract signed?
Purchase Price
Anticipated Closing Date
Date Format: MM slash DD slash YYYY
Estimated Down Payment
Source of Down Payment

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REFINANCING INFORMATION:
Purpose for Refinancing
First Mortgage Balance
Second Mortgage Balance
Other Outstanding Liens
Original Acquisition Price
Year Acquired
Total Mortgage Balance
Total Other Liens
Total Acquisition Cost

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REHAB INFORMATION:
Rehab Budget Estimate
Rehab Timeline
After-Repaired Value (ARV)
Source of Budget Estimate
Please provide a brief description of the rehab project scope

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PROPERTY ADDRESS:
Property Name (if applicable)
Property Address
Street Address City State ZIP Code
BUSINESS INFORMATION:
Business Name
Business Age
Business Website
Business Address
Street Address City State ZIP Code
Last Business Appraisal Value
As of Date:
Date Format: MM slash DD slash YYYY

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CONSTRUCTION PROJECT INFORMATION:
Property Type:
Project Timeline
Do you own the land already?
Land Purchase Price (Land Value)
For Residential - Total Units
For Commercial - Total Square Feet
PROPERTY INFORMATION:
Property Type:
Total Square Footage
Present Occupancy %
Total Number of Rental Units
Total Number of Buildings
Property Class:
Last Appraisal Value
As of Date:
Date Format: MM slash DD slash YYYY
Total Annual Rent
Annual Property Taxes
Annual Insurance Cost
Summary Financials - Please attach Rent Roll & Operating Statement in the File Upload Section as requested later in this form
Total Annual Revenue
Total Annual Expenses
Total Net Operating Income
PROPERTY INFORMATION
Property Type:
Total Square Footage
Property Class:
Total Number of Rental Units
Total Occupancy %
Last Property Appraisal Value
As of Date:
Date Format: MM slash DD slash YYYY
PROPERTY INFORMATION:
Property Type:
Total Square Footage
Property Class:
Last Property Appraisal Value
As of Date:
Date Format: MM slash DD slash YYYY
PORTFOLIO INFORMATION:
Portfolio Type:
Present Occupancy %
Total Number of Rental Units
Total Number of Buildings
Property Class:
Portfolio Appraisal Value
As of Date:
Date Format: MM slash DD slash YYYY

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BORROWER / OWNER INFORMATION:
Business Entity Name:
Business Entity Type*
How many owners with at least a 20% share?*
Name (Business Owner #1):*
First Last
Email*
Cell Phone*
U.S. Citizen*
Estimated FICO Score*
Estimated Net Worth*
Bankruptcy in last 7 years?*
Name (Business Owner #2):
First Last
Email
Cell Phone
U.S. Citizen
Estimated FICO Score
Estimated Net Worth
Bankruptcy in last 7 years?
Name (Business Owner #3)
First Last
Email
Cell Phone
U.S. Citizen
Estimated FICO Score
Estimated Net Worth
Bankruptcy in last 7 years?
Name (Business Owner #4)
First Last
Email
Cell Phone
U.S. Citizen
Estimated FICO Score
Estimated Net Worth
Bankruptcy in last 7 years?
Name (Business Owner #5)
First Last
Email
Cell Phone
U.S. Citizen
Estimated FICO Score
Estimated Net Worth
Bankruptcy in last 7 years?

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FILE UPLOAD SECTION:
For a Single Tenant Property
REQUIRED - Please upload the Property Operating Statement and answer the below questions for Single Tenant Retail / Office / Industrial / Warehouse properties.
Drop files here or
Single Tenant Name
Do you have a Corporate Guarantee?
For a Multi-Tenant Property:
REQUIRED - Please upload the Property Rent Roll and Property Operating Statement for Multifamily (5+ units), Mixed-Use, Self Storage, or Multi-Tenant Retail / Office / Industrial / Warehouse properties.
Drop files here or
FILE UPLOAD SECTION:
For a Hotel Property
REQUIRED -For Hotel Properties, please upload the Property Operating Statement and answer the below questions.
Drop files here or
Hotel Operating Franchise:
ADO %:
ADR
REVPAR
FILE UPLOAD SECTION:
For Property Portfolios:
REQUIRED - For Multifamily or Single Family Residential Portfolios, please upload a Real Estate Owned data tape (typically in spreadsheet format - contact us at 1-800-598-5530 if you need us to send you this form).
Drop files here or
FILE UPLOAD SECTION:
For a Construction Loan
REQUIRED - Please Upload the following: If project files are too large, contact us at 1-800-598-5530 for alternatives to get us the data. Project summary (who, what, where and when). Resume on the general contractor including similar projects completed in the last 5 years Resume on all borrowers including similar projects completed in the last 5 years Construction budget including a cmplete listing of hard and soft costs in the AIA format Current personal financial statement including any contingent liabilities for all investors with an interest in the subject property of 10% or greater A feasibility study for the subject property. Proforma rent rolls (If Rental project) Projected Income Statement for next 3 years Sales analysis If this is a "For Sale" project

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Consent*
IRREVOCABLE AND NON-CANCELABLE
CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT
THE PARTIES INTENDING TO BE LEGALLY BOUND DO HEREBY IRREVOCABLY AGREE:

1. NOT TO DISCLOSE OR OTHERWISE REVEAL TO ANY THIRD PARTY ANY CONFIDENTIAL INFORMATION PROVIDED BY THE OTHER, particularly that concerning lenders, sellers, borrowers, buyers names, bank information, codes, references and/or any such information advised to the other as being confidential or privileged without the written consent of the other. It is agreed and understood that each party agrees to keep confidential the names, addresses, telephone numbers, tax numbers and fax numbers of any contacts introduced by the other signatory, unless prior written permission is given by the introducing signatory.

2. NOT TO CIRCUMVENT, AVOID, BYPASS, OR OBVIATE EACH OTHER DIRECTLY OR INDIRECTLY. This agreement is to confirm that each of the parties will not deal with any entity introduced by the other party without knowledge and written permission of the introducing party. Also included within this context is any entity in which a party has an interest. The parties confirm that the terms of this agreement expressly cover acts of negligence and inadvertent disclosure, which are a violation of this agreement.

3. NOT TO AVOID PAYMENT OF FEES OR COMMISSIONS. IN ANY TRANSACTION WITH ANY ENTITY, corporation partnership or individual revealed by either party to the other in connection with any project, service renewal, extension, re-negotiation, contract agreement, third party assignment, communication, or conversation. Should the introducing party not be notified of any contact or should any non-signatory, their employees, agents, officers, partners, associates or consultants through direct or indirect introduction by a party result in successful placement of a transaction with any entity, person, company, firm, corporation, organization, the introducing party agrees and guarantees to pay any and all commissions and fees received by said party on any and all such transactions to the other signatory, unless otherwise agreed to in writing by the parties hereto.

4. This agreement shall be for a period of three (3) years and is irrevocable and non-cancelable. It is to be applied to any and all transactions, past, present and future, of the introducing party regardless of the success of the project. The parties agree that the identities of only the parties who are introduced under this agreement are currently, and shall forever remain, the proprietary asset of the introducing party.

5. This agreement shall be binding on the parties hereunder, their successors and assigns. The parties confirm by execution of this agreement that any company, firm, corporation, partnership, organization or entity of which they are an employee, member, officer, or partner, is bound by this agreement.

6.All moneys due and owing from any client transaction undertaken by both parties will be irrevocably andunconditionally guaranteed to be paid without legal impediment upon request. If any ambiguity arisesconcerning the amount of damages, Liquidated damages will be $10,000 per violation.

7.Should violation, disagreement or dispute occur between contracting parties arising out of, or connectedwith this agreement, which cannot be adjusted by and between the parties involved, the disputeddisagreement shall be submitted to the American Arbitration Association located in Michigan and all partiesagree to abide by the decision of the referees of said Association. Judgment, upon award, may be entered inany court having jurisdiction thereof.

8.In the event of any conflict between the terms of this Agreement and any Loan Authorization Agreement, theterms of the Loan Authorization Agreement shall prevail. In the event that either of the parties resorts tolegal action against the other, the prevailing party shall not be entitled to reimbursement from the other partyfor any attorney fees and other costs incurred in such action.

9.This agreement shall be construed and enforced in accordance with the applicable laws and regulations ofthe State of Michigan and of the United States in Oakland County Michigan.

10.In the event any one or more of the provisions of this agreement shall, for any reason, be held to beinvalid, illegal, or unenforceable, the remainder of this agreement shall not be affected thereby.

11.This agreement contains the entire agreement and understanding concerning the subject matter hereof andsupersedes and repatriates all prior negotiations and proposed agreements, written, or oral. Neither of theparties may alter, amend, nor, modify this agreement except by an instrument in writing signed by bothparties, and their duly authorized representatives.

12.Additionally, the parties agree that this instrument may be negotiated via email or fax transmission, and therespective parties accept the signatures by email or fax as though they were original.

BY THIS SUBMISSION WE CONFIRM WE HAVE FULL AUTHORITY TO EXECUTE THIS AGREEMENT AND OBLIGATE ALL COMPANIES, FIRMS, CORPORATIONS, PARTNERSHIPS, ORGANIZATIONS, INDIVIDUALS AND/OR ENTITIES REFERENCED IN THE ATTACHED SUBMISSION FORM. PARTIES TO THIS AGREEMENT:

Borrower as stated in attached submission form
AND
Malcolm A. Turner II President – CEO Castle Commercial Capital, LLC
2000 Town CTR STE 1900
Southfield, MI 48075
Phone: 248-579-8175

I agree to the terms and conditions of the Confidentiality and Non-Disclosure Agreement
How did you hear about Castle?
Referred by:
Castle Loan Officer:
- I agree to receive periodic emails from Castle Commercial Capital related to real estate financing
- I do not agree to receive periodic emails from Castle Commercial Capital related to real estate financing
Comments
This field is for validation purposes and should be left unchanged.

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Commercial Loan Pre-Qualification

Step 1 of 9 - Loan

LOAN INFORMATION:

ACQUISITION INFORMATION:

REFINANCING INFORMATION:

REHAB INFORMATION:

PROPERTY ADDRESS:

BUSINESS INFORMATION:

CONSTRUCTION PROJECT INFORMATION:

PROPERTY INFORMATION:

Summary Financials - Please attach Rent Roll & Operating Statement in the File Upload Section as requested later in this form

PROPERTY INFORMATION

PROPERTY INFORMATION:

PORTFOLIO INFORMATION:

BORROWER / OWNER INFORMATION:

FILE UPLOAD SECTION:

FILE UPLOAD SECTION:

FILE UPLOAD SECTION:

FILE UPLOAD SECTION: