Key Questions Yes No Have you, as the lender, identified any identities of interest on your certification? Does the certification indicate any identities of interest? borrower’s Are there any identities of interest involving the underwriting lender, the existing lender or note holders, or the mortgage broker? Does the lender know or have any reason to believe that any of the assertions in the other Consolidated Certifications submitted herewith are inaccurate or incomplete? <<If you to any of the above questions, please briefly address below. answer “yes” Example: Borrower and Operator: The borrower and operator are related parties John Doe – has ownership in both entities. No other identities of interest are disclosed.>> Special Underwriting Considerations Key Questions Yes No Is there any FHA-insured debt that is not being refinanced? Is there any non-FHA-insured debt associated with this project? If yes, and the borrower intends to include it as Other Eligible Existing Indebtedness, include HUD-9001d-ORCF. Is a mortgage broker involved in this transaction? Does the underwriting include income from adult day care? (Note: resident adult day care space may not be located on a separate site. The adult day care space will not be considered commercial space; however, the space may not exceed 20% of the gross floor area of the facility and the income may not exceed 20% of gross income. Provide a Certificate of Need or operating license, if applicable.) Is there income from other commercial leases? Is there a ground lease? Is there accounts receivable financing involved in this transaction? If yes, include HUD-9001i-ORCF. Are there any professional liability insurance issues that require special consideration? Are any tax credits involved in this transaction? Are any secondary funding sources involved in this transaction? Is any real estate tax abatement or exemption included in the underwriting assumptions? Are there any special escrows or reserves proposed for this transaction? Are there any other issues that require special or atypical underwriting consideration?
Key Questions Yes No Have you, as the lender, identified any identities of interest on your certification? Does the borrower’s certification indicate any identities of interest? Are there any identities of interest involving the underwriting lender, the existing lender or note holders, or the mortgage broker? Does the lender know or have any reason to believe that any of the assertions in the other Consolidated Certifications submitted herewith are inaccurate or incomplete? <<If you answer “yes” to any of the above questions, please briefly address below. Example: Borrower and Operator: The borrower and operator are related parties – John Doe has ownership in both entities. No other identities of interest are disclosed.>> Special Underwriting Considerations Key Questions Yes No Is there any FHA-insured debt that is not being refinanced? Is there any non-FHA-insured debt associated with this project? If yes, and the borrower intends to include it as Other Eligible Existing Indebtedness, include HUD-9001d-ORCF. Is a mortgage broker involved in this transaction? Does the underwriting include income from adult day care? (Note: adult day care space may not be located on a separate site. The adult day care space will not be considered commercial space; however, the space may not exceed 20% of the gross floor area of the facility and the income may not exceed 20% of gross income. Provide a Certificate of Need or operating license, if applicable.) Is there income from other commercial leases? Is there a ground lease? Is there accounts receivable financing involved in this transaction? If yes, include HUD-9001i-ORCF. Are there any professional liability insurance issues that require special consideration? Are any tax credits involved in this transaction? Are any secondary funding sources involved in this transaction? Is any real estate tax abatement or exemption included in the underwriting assumptions? Are there any special escrows or reserves proposed for this transaction? Are there any other issues that require special or atypical underwriting consideration? resident
9001_ORCF.DOCX