Forms for Real Estate Investors
Commercial Loan Application 1003
The commercial loan application 1003, or Uniform Residential Loan Application (URLA), is a standardized form used by lenders to assess a borrower’s financial situation and the viability of a mortgage request. It collects comprehensive details about income, employment, debts, and the property in question. This form is crucial for lenders to evaluate the borrower’s creditworthiness and ensure they can repay the loan. It helps streamline the loan approval process and provides a consistent framework for underwriting decisions.
Free LLC Operating Agreement (Online)
An LLC Operating Agreement describes the operating rules of a Limited Liability Company. LLC Operating Agreements list all Members to the agreement as well as their contribution amounts and ownership interest percentages. They also establish the general operating rules of your LLC, including how voting will work, buy-out provisions, and the management structure.
Free LLC Operating Agreement (PDF)
An LLC Operating Agreement describes the operating rules of a Limited Liability Company. LLC Operating Agreements list all Members to the agreement as well as their contribution amounts and ownership interest percentages. They also establish the general operating rules of your LLC, including how voting will work, buy-out provisions, and the management structure.
Free Mortgage Gift Letter PDF
A mortgage gift letter (gift affidavit) is a sworn statement that verifies funds being used to purchase a property were gifted and not an undisclosed loan. Lenders require gift letters as proof that no repayment obligations are attached to the gift and that no conflicts of interest exist. Gift funds can be used for the down payment or closing costs.
How to Complete a Mortgage Gift Letter
A mortgage gift letter (gift affidavit) is a sworn statement that verifies funds being used to purchase a property were gifted and not an undisclosed loan. Lenders require gift letters as proof that no repayment obligations are attached to the gift and that no conflicts of interest exist. Gift funds can be used for the down payment or closing costs.