LOAN ESTIMATOR

Inputs			Outputs
	$	%	Tests	APR	Pts Fees	Results
Discount Points (%)		0.00 %	Current Loan(Actual)
Lender Fees($)			High Cost(Fed)
Broker Fees($)			High Cost(State)
3rd Party Fees($)			QM
Other Fees($)			HPML
Interest Days($)			Loan Type
Click Get Price button to update Loan Estimator			Valuation Type

LOCK

Lock Desk Hours: 8:00am - 4:00 pm PST

PREPARE

Disclosure Required

UW Submission Required

UW Submission Recommended

INCOME WORKSHEET

Down Pmt + Closing Costs + Prepaid Fees (Purchase Transaction)
Name of Business		Type of Business

Bank Statement Type		Bank Name

Last 4 digits (Account No 1)	Statement Mos	Last 4 digits (Account No 2)	Statement Mos

Percentage of Business Owned
Note

P & L Information

Income	Loan Details	Totals
	P & L Effective Dates (Start / End)
	Annual Revenue
	Annual Expenses
	Net Income
	Expense Factor %
Qualify	Qualifying Monthly Income (Revenue - Expenses / 12 mo)

Bank Statement
Stmt	Date	Beginning Balance	Total Deposits on Bank Statement	Non-Business Related Deposits	Adj. Deposits (For qualifying)	Ending Balance	NSF/ Overdraft
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Totals:

100%

%Business Owned

Income	Loan Details	Totals
Income	Down Payment + Closing Cost + Prepaid Fees (Purchase Transaction)

Assets	Account Type	Original Balance	Pct Allowed	Eligible Assets
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts (if distribution is not set up)
	Total Eligible Assets

Qualify	Monthly Eligible Assets - Loan [Amortized Over 84 Months]
Qualify	Monthly Adjusted Net Income + Monthly Eligible Assets

DSCR Information
Loan	Details	Totals
	Loan Amount
	Cash-Out Amount (Cash-Out Refi Only)
	Appraisal / Sales Price (Lower of)
	LTV (See Guidelines for LTV Limitations)
	Note Rate
	Payment Type
	Loan Term
	Proposed Monthly P&I Payment

Property	Monthly Property Taxes
	Monthly Insurance
	Monthly HOA
	Total Monthly Property Costs
	Monthly Rent (100% of Gross - Lower of Current or Market Rents)
	Total ITIA
	Property Cash Flow
	DSCR Calculation (Gross Rents / Total ITIA)

Credit	Credit Score
	Borrower Experience: Previous Ownership/Operation of Residential or Commercial Property
	Credit Depth Requirement Met
	Mortgage Lates (Max 1x30x24)

Assets	Funds / Reserves Required to Close	Balances
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts
	Gift Funds
	Other
	Cashout Amount Applied Towards Reserves
	Total Assets/Cash out applied toward Reserves/Down payment /Closing costs

	Cash To Close (down payment plus closing costs if purchase)
	Reserves Required Months: 200k-1.0m (6mo), >1.0-1.5m (9mo), >1.5 (12mo)
	Reserves Required Amount
	Reserves Required Amount: Additional (Subject Property)
	Reserves Required Amount: Additional (Additional Properties)
	Total Funds Needed (Cash to Close + Reserves)
	Funds to Close Plus Reserves

Asset Depletion

Loan	Details	Totals
	Loan Amount
	Down Payment + Closing Costs + Prepaid Fees (Purchase Transaction)
	Appraisal / Sales Price (Lower of)
	LTV (See Guidelines for LTV Limitations)

Assets	Account Type	Original Balance	Pct Allowed	Eligible Assets
	Checking/Savings/Money Market
	Stocks and Bonds
	Mutual Funds
	Retirement Accounts (if distribution is not set up)
	Total Eligible Assets
Qualify	Qualifying Monthly Income (Total Eligible Assets - Down Pmt / 84 mo)

	1st Lien	2nd Lien	Blended
Amount
Rate

1003 Loan Application, Signed and Dated by LO	3.4 File
Broker Fee Sheet	Rate Lock Confirmation, if loan is locked

Borrower Paid Compensation
Broker's Origination	Underwriting Fee	0.00
Credit Report Fee (Invoice Required)	Tax Service	$0.00
3rd Party Processing Fee (Invoice Required)	Flood Cert	$0.00
Lender Paid Compensation
Broker's Origination	Underwriting Fee	0.00
Credit Report Fee (Invoice Required)	Tax Service	$0.00
3rd Party Processing Fee (Invoice Required)	Flood Cert	$0.00

Subject Property Address
City, State, Zip