Across
- 5. Debt, wages payable & dividends payable
- 7. Summary document of tenant leases (2 words)
- 8. Earned from the sale of products and services
- 9. Reports adjustments made to the Borrower’s actual operating statement to “normalize” or “annualize” the performance data
- 10. Used to analyze the performance and financial health of a company (2 words)
- 12. Property level report comparing Borrowers current financial information to the preceding 3 periods and underwriting
- 13. A formal pledge or promise to do something
- 15. Measures how well a company generates cash (2 words)
- 17. Borrower, co-borrower & guarantor (2 words)
- 19. Failure to repay a debt including interest or principal on a loan or security
- 20. Pledged as security for a loan
- 22. Risk assessment
- 23. Financial Statement w/ Revenue, Expenses & Net Income (2 words)
- 26. Cash required to cover repayment of interest and principal on a debt (3 words)
- 27. ? = Net operating income/total debt service
- 28. Loans identified for monitoring
Down
- 1. Specified in the CMHC COI and Loan Agreement (2 words)
- 2. Unsecured debt (2 words)
- 3. Time over which the mortgage balance would be paid in full
- 4. Listing of personal assets & liabilities (4 words)
- 6. ? = Real estate revenue - operating expenses
- 11. Cash and equivalents, accounts receivable & Inventory
- 14. Returned payment
- 16. Annual net operating income divided by value of property (2 words)
- 18. Financial Statement w/ Assets, Liabilities & Owners Equity (2 words)
- 21. agreement of terms of loan policies between a borrower and lender (2words)
- 24. Estimated value of property
- 25. Sum of money kept aside for some future obligation