Executive Summary

EXECUTIVE SUMMARY FORM CONTACT INFORMATION Borrower’s Name Social Security # Project Name Address City / State / Zip Code Phone # Fax # Email Address Type of Financing Requested Amount of Financing Requested Purpose of Loan Schedule of “Use of Proceeds” Amount of Down Payment (if Purchase) Loan to Value Ratio Debt Service Coverage Ratio

PROPERTY DESCRIPTION Type of Real Estate Location of Real Estate Year Borrower Purchased Property Age of Property Square Footage/Acres of Property Amount Borrower Paid for Property Borrower’s Total Cash Spent on Property to date i.e. Improvements/entitlements Borrower’s Current Equity in Property List of all Liens/mortgage or Back Taxes against Property Percentage of Property Occupied As-Is Value of Collateral Date of Appraisal After-Completion Value (“by using only these funds”)

ADDITIONAL COLLATERAL Page 1 of 4

Property Type Address City / State / Zip Code Value of Property 1st Lien Balance 2nd Lien Balance

BORROWER’S DESIRED LOAN TERMS Loan Term Interest Rate Origination Points Summary of the project and what borrower is looking for including any special issues, problems or needs

INFORMATION ABOUT PROPOSED BORROWER Type of Entity Credit Score Borrower’s Occupation Prior Project Experience Net Worth or Financial Strength of Primary Principals, excluding this project, in US Dollars Primary Principal’s last 3 years’ average monthly income Exit Strategy What has been done thus far to Secure financing? Please state fully why is the borrower seeking private / hard money instead of conventional financing:

LOAN SUMMARY PROFILE Project Name: __________________________________________________________ Page 2 of 4

Project Address: ________________________________________________________ Project Description: _____________________________________________________ Gross Loan Amount: _______________ Property Value: _______________ Minimum Net Loan Amount Required: _______________ __ Refinance __ Cash-Out __ Acquisition __ Construction __ Other/Specify: ________ Date Purchased: _______________ Purchase Price: _______________ Cost of Improvements: _______________ Terms Requested: ___________________________________________ Existing First Mortgage: _______________ Date Due: _______________ Existing Second Mortgage: _______________ Date Due: _______________ Delinquent Taxes: _______________ Purchase Price: _______________

Down Payment: _______________

Borrowing Entity: ______________________________________________________ __Individual __ Partnership __ Corporation __ LLC __ Other/Specify:____________ Address ______________________________________________________________ Assets: ______________ Liabilities: ______________ Net Worth: _____________ Total Project Completion Value

The AS IS Value

LTV AS IS________________________ Loan To Cost

LTV of Completed Value

Total Cost of the Project

Amount of Dollars the Borrower is going to bring into the Project Amount of Dollars the Borrower Has into the Project at this Time

Personal Guarantor Name: ________________________________________________________________ Page 3 of 4

Address: ______________________________________________________________ Phone # , Fax # , e mail address :

Assets: ______________ Liabilities: ______________ Net Worth: ______________ Gross Income: ______________

Cash On Hand: ______________

Property Information Annual Gross Income: _______________ Annual Expenses: _______________ Net Operating Income: _______________ Use Of Proceeds 1) ________________________________________ $___________________ 2) ________________________________________ $___________________ 3) ________________________________________ $___________________ 4) ________________________________________ $___________________ 5) ________________________________________ $___________________ 6) ________________________________________ $___________________ Total $___________________ Attach separate page(s) if needed for more detail ________ (Indicate Number of Additional Pages) Total Broker Points: TBD

Borrower Signature: ______________________________________________ Date: _______________

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