New Construction Loan Application

1
What kind of Construction Loan are you looking for?* This field is required.If you currently own the property - select REFINANCE. If you do not - select PURCHASE.
Purchase / Acquisition
Refinance
2
Is the subject property currently under contract?
YESNO
3
What is the purchase price?Enter the contractual purchase price or desired offer price (if not currently under contract).
4
Please enter the historical transaction information on the subject property:* This field is required.This information is required for all Refinance Transactions - Both Rate & Term and Cash Out
Original Purchase Date
Original Purchase Price
Value of any Documented Improvements/Renovations
Value of Any Outstanding Loans/Liens
Current Interest Rate
5
What is the current value of the subject property?
6
What is the New Construction Budget?* This field is required.Please include both Hard Costs and Soft Costs:
7
Briefly describe the Scope of Work of the Construction Project:* This field is required.(Example: Construct new 2,500 SF Single Family Home - 4 bedrooms, 3 baths on a half acre lot)
Huge
Large
Normal
Small
Ok
Ok
8
How long will the Construction take (in months)?* This field is required.
9
Are you planning on using a General Contractor?* This field is required.
YESNO
10
What is the estimated value of the property after the construction is complete?
11
What is the requested loan amount?* This field is required.
12
What is the contractual and/or desired Close of Escrow (COE) date?If the property is under contract, please enter the contractual Close of Escrow (COE) date. If not under contract, please enter the desired/preferred Close of Escrow (COE) date.
Date
Day
Month
Year
13
Total Cost Basis
14
LTC Requested
15
LTV Requested
16
Loan Amount for Integration
17
What is the planned property type to be constructed?* This field is required.
Single Family Residential (SFR)
2 - 4 Unit (Duplex, Triplex, Quadplex)
Townhome
Condo
Multi-Family (5+ Units)
Condo-Hotel
18
What is the Address of the current property?* This field is required.(If no street address is available - please enter the lot number, city, state and zip code)
Street Address
Street Address Line 2
City
Please Select
Please Select
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virgin Islands
Virginia
Washington
West Virginia
Wisconsin
Wyoming
State
Zip Code
Please Select
Please Select
United States
Afghanistan
Albania
Algeria
American Samoa
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
The Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo
Cook Islands
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Curaçao
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Polynesia
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guam
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kiribati
North Korea
South Korea
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Nagorno-Karabakh
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Turkish Republic of Northern Cyprus
Northern Mariana
Norway
Oman
Pakistan
Palau
Palestine
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
Somaliland
South Africa
South Ossetia
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Svalbard
eSwatini
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tokelau
Tonga
Transnistria Pridnestrovie
Trinidad and Tobago
Tristan da Cunha
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
British Virgin Islands
Isle of Man
US Virgin Islands
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
Other
Country
19
What is the planned Exit Strategy?* This field is required.Check all that apply
Sell
Refinance and Hold - Long Term Rental
Refinance and Hold - Short Term Rental
Undecided
20
What is your first and last name?* This field is required.
First Name
Last Name
21
What is the best contact email address?* This field is required.
example@example.com
22
What is the best contact phone number?* This field is required.
Area Code
Phone Number
23
What is your current FICO Score and Ownership Percentage of this Deal?* This field is required.If you do not know your current FICO Score, please press HERE to obtain a FREE Estimate:
FICO SCORE
OWNERSHIP PERCENTAGE
24
How will the loan/title to the property be vested/held?* This field is required.
Individually
Limited Liability Corporation (LLC)
Corporation (S-Corp or C-Corp)
Trust (Allowable on Case by Case Basis)
Undecided
25
Will there be multiple borrowers/owners for this loan?* This field is required.
YESNO
26
Enter the names of the additional borrowers and their associated ownership percentage and FICO scores:Please enter the below information for each additional borrower and hit SAVE BORROWER after each entry. When complete, hit NEXT:
27
Enter the Total COMBINED Experience for ALL Borrowers/Guarantors within the last 36 Months (3 Years)* This field is required.COMBINDED Number of Properties, bought and/or sold, for All Borrowers/Guarantors:
FIX&FLIPS within 36 Months
NEW CONSTRUCTION PROJECTS within 36 Months
RENTAL PROPERTIES within 36 Months
COMBINED VALUE OF ALL PROPERTIES ABOVE
28
Enter the estimated LIQUIDITY amount. Combined for all borrowers/guarantors:* This field is required.LIQUIDITY includes Cash and Near Cash Assets such as Personal/Business Checking and Savings Accounts, Investment/Brokerage Accounts, ROTH IRAs, Etc. 401ks or Other Pre-Tax Retirement Accounts are typically EXCLUDED.
29
Enter the estimated NET WORTH amount. Combined for all borrowers/guarantors:* This field is required.
30
Where did you hear about us?* This field is required.
Should be Empty: