Property & Purchase Details

Property Address

Ideal Closing Date

Purchase Price?

Down Payment

Contract of Sale Signed Yet?

Yes

Loan Amount Requesting

Interest reserves desired during construction period

Property & Construction Details

Detailed As-Is description of the Property being purchased

Construction Type: What specifically are they doing to the property?

Number of Parcels

Proposed Number of Lots

Construction Budget

Soft Costs (permits, engineer, etc.)

Hard Costs (development budget)

Budget Spent Thus Far for Construction

Budget Remaining to be Spent for Construction

Construction Budget Total

Is the Borrower Self-Performing the Work?

Project Documentation

Verification of Plat Status

Survey or Topography Map

Geotech Report - upload report (if available)

Phases for the Total Project

Phases for This Loan Request

Will Borrower Occupy Property?

Build Time and Estimated Completion Date

Property Value & Occupancy

ARV (After Repair Value)

Describe Finished Property

Units / Square Footage Occupied

Rent Projections

Financials & Experience

Estimated Liquid Net Worth of the Borrower

Borrower’s Experience:

Last 18 Months

Last 3 Years

Overall General Experience

How Many Other Investment Properties Owned?

REO Schedule (attach if available)

What is your exit strategy?