APARTMENTS

--------------

Since we have lenders who specialize in apartments for 5 units plus we can offer a customized program to meet your present day and future financial needs, whether acquisition of refinance.

- $100,000 to $5,000,000-Up to 90% LTV
- General terms 2, 3,5,7,10 year fixed, adjustable rates, interest only, stated income, 15/20/30 year amortizationPlease call and ask for me - Buddy Dufau - at 865-428-6995

Apartment

Apartment2

Basic required information for evaluation
- Full name and all contact information
- Experience resume, mid score, Form 1003 application if available
- Location of property
- Selling price or refinance amount and pay out
- Brief description including number of units, age, how many bedrooms and baths per unit, amenities, size of land around apartments
- Rent roll
- Last 2 years income and expense statements
- Copy of key sheets from last appraisal if available
- Pictures emailed to me if available

The Residential Mortgage and Commercial Company finances and refinances commercial properties nationwide. Our mission is to provide our customers with timely responses and competitive customized quotes from direct lenders who specialize in the following general types of properties :

PRE-QUALIFICATION DATA
FULL NAME OR ALL PARTIES INVOLVED:
BORROWER EXPERIENCE: YEARS IN BUSINESS:
DO YOU CURRENTLY OWN AN APARTMENT COMPLEX: IF YES HOW MANY?
YEARS OF MANAGEMENT EXPERIENCE:
BUSINESS PHONE:
BUSINESS FAX:
CELL PHONE:
E-MAIL:
STANDARD 1003 APPLICATION FORM: (This data can be taken on phone if not current, showing other property owned.)
EXPERIENCE RESUME: (Paster here)
LAST KNOWN MID SCORE. (We will still have to pull a new report.)
TRANSACTION INFORMATION
PROJECT TYPE: CHOOSE ONE OF THE FOLLOWING:
LOAN TYPE: CHOOSE ONE OF THE FOLLOWING:
LOAN TO VALUE: (choose one)
REQUESTED LOAN TERM: (choose one)
PROPERTY DATA
SELLING PRICE:
LOCATION: (complete address including county, Selling Price. If Refinancing then what amount:
IF MIXED USE THEN WHAT TYPE OF UNITS ARE THEY:
NUMBER OF UNITS:	AMOUNT:
SIZE OF EACH UNIT:	SIZE:
MATERIALS OF CONSTRUCTION:
IF APARTMENTS; HOW MANY BEDROOMS AND BATHS FOR EACH UNIT: DESCRIBE AMENENITIES:
The Seller should be willing to supply the following data and totals to help you make a decision!
LAST 2 YEARS PERCENT OCCUPANCY:
LAST 2 YEARS INCOME:
LAST 2 YEARS MAINTENANCE EXPENSES:
LAST 2 YEARS TAXES:
MONTHLY NOTE ON PROPERTY:
WHO IS DOING MAINTENANCE:
WHO PAYS THE UTILITIES
SQUARE FEET OF BUILDING:
SQUARE FEET OF SURROUNDING REAL ESTATE:
AMENITIES OFFERED TO TENANTS:
PROXIMITY TO POLICE & FIRE STATIONS:
SELLING POINTS OF PROPERTY:

DOING BUSINESS WITH US IS EASY!
Depending on the above information that is supplied, we may have to fax you one of our forms to fill out. Once the project is approved a quote will be forwarded - complete with closing costs and we will close in 45-60 days once all documents are signed.
THIS IS A PRE-QUALIFICATION APPLICATION THE INFORMATION THAT IS SUPPLIED ON THIS FORM WILL NOT BE SOLD TO ANY 3RD PARTY PEOPLE, OR COMPANIES. THE INFORMATION USED WILL BE FOR DATA RECORDS FROM TEH COMPANY OF RC MORTGAE, AND RC MORTGAGE ONLY. THANK FOR YOUR APLLICATION SUBMISSION.