PhoneOps 2nd – Loan Program - PhoneOps Funding, LLCPhoneOps Funding, LLC

First Name & Last Name:

Contact Number:

Email Address:

Full address including city, state, zip & county: (Where you currently live)

How long have you lived at this address? If less than 2 years, provide previous address including city, state, zip and date moved in.

Address Type:

Own

Rent

How much you pay per month in rent or mortgage?

Marital Status:

Married

Unmarried

Separated

Divorced

Widow

Date of Birth:

Social Security Number: (We must pull your credit)

Estimated Credit Score:

Upload Credit Report here: (if any)

Borrower Ethnicity:

Hispanic or Latino

Not Hispanic or Latino

Borrower Race:

List the names and ages of all dependents. (If none, put N/A)

Purchase Price:

Upload Sale's Contract here:

Full address of the property including City, State & Zip: (If none, put N/A)

How will you hold title?

In my personal name

In an LLC

In a Partnership

In a Corporation

To get a PhoneOps 2nd, the split is 75%/15%/10%. Do you agree?

Yes

Do you have your 10% to put down plus closing cost?

No, Disregard my Application

Yes, I have my 10% down payment and closing cost

The purpose of the CLTV Program is to get an income producing property in your name with less money down. PhoneOps 2nd is not designed for a long-term loan. When term is close due, come back to PhoneOps to refinance for a permanent term while paying off only the 2nd lien. Click the check mark to agree to these terms.

Closing Cost may range anywhere from $15k to $400k+ depending on the loan amount. Do you understand?

Do you agree to work with our Assigned Real Estate Agents?

How many properties do you currently own? (If none, put N/A)

The next 10 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer or Business Name:

2. Full address including City, State & Zip:

3. Contact number:

4. Job Title:

5. Start Date:

6. Monthly Income:

7. If you own a business, complete this page, if not, go to the next page: Enter the state of Incorporation your company is registered in:

8. Company's Website:

9. EIN:

10. List all Owners and percentage of ownership: (Must equals to 100%)

Is there a Co-Borrower?

No, there is no Co-Borrower

Yes, there is a Co-Borrower and he/she will complete their application next

Yes, I am the Co-Borrower & this is my application

If so, put their full name here or put N/A: (If you are the Co-Borrower, put the Borrower's full name here)

Provide a FULL Scenario on what you are in need of doing, how much it will cost, etc:

There will be a one-time Tri-Merge Credit Report fee of $57 & you’ll be re-directed to the site to pay after completion of this application. PhoneOps has to pull your credit to see what you qualify for. Do you understand?

No, Disregard my Application

Yes, I will pay $57 after completing this application

NOTE: If your credit is locked, you must unlock your credit from all 3 Credit Bureaus after you pay your invoice & keep it unlocked until we pull your credit to avoid paying another fee of $57. Do you understand?

No, Disregard my Application

Yes, all 3 Credit Scores are Unlocked. PhoneOps may pull my Credit

Checking this box means you agree to our terms which are: 1: You willingly applied online to one of PhoneOps mortgage loan programs and will complete the 3-Step Process for potential loan approval. 2: You agree that PhoneOps must pull your credit. 3. You agree that your credit is unlocked. 4. You agree that the one-time Tri-Merge Credit Report fee of $57 is NON REFUNDABLE.

This completes the Application. Please Rate your opinion:

1-Too long

2-It was fine. Not too long

3-Anxious in getting Pre-Approved

4-Excited, Lets get the 3-Step Process complete!

Enter the name of the person that sent you to this site to place your file as "Priority".

6 + 4 =

PhoneOps 2nd – Loan Program

PhoneOps 2nd Funding

90% CLTV Program:

This is an amazing program because instead of putting the standard down payment of 25% to 35%, you can benefit from this program by putting only 10% down. No Brainer!!!

PhoneOps 2nd is available in all 50 States!!!

Properties Allowed:

Apartments

5 – 20+ units

Mix Use

5 – 20+ units

Multi-Family

Package Deals

Properties Not Allowed:

Raw

Land

Owner

Occupied

Properties that need

extreme repairs

Guidelines:

This program has standard guidelines. View below:

1st Lien

* MIN FICO: 650 & up

* Loan amount: $100K to $25M

* Rate: 9% to 15%

* Term: 30yrs – PITI

* An Appraisal will be needed

* Close within 14 days

PhoneOps 2nd Lien

* MIN FICO: 650 & up

* Loan amount: $100K to $5M

* Rate: 5% to 10%

* Term: 1yr to 2yrs – PITI

* Use Appraisal from 1st lien

* Close within 14 days

Minimum Requirements:

* Must be able to show proof of down payment

* A Tri-Merge Credit Report fee of $57

* A valid Driver’s License or State ID

* Must have a Checking Account

* Application Fee $295 WAIVED

* A Social Security number

PhoneOps 2nd / CLTV – Online Application