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Estimated time to:(a) obtain permits: [input number] months (if applicable or 0 if have permits). (b) complete rehab or construction: [input number] months. Expected number of draws needed to complete the project: [input number]. Target date to close on loan:Date.
Contact for Appraisal: First Name Last Name Phone Number Contact for Virtual Draw Inspections: First Name Last Name Phone Number Email Contact for Interest Statements: First Name Last Name Phone Number Email General Contractor: Sponsor Name: Name License #: Number State Issued: State Expiration Date: Date Insurance AgentName: First Name Last Name Email: Email Phone: Phone Number
GuarantorCurrent UPB: [amount] Current Commitments: [amount]Licensed: Yes No Hired licensed GC Standard ProposedPricing Floating Margin: 8.00% [rate] Floor Rate: 12.00% [rate] Points: 2.50% [percent] Legal Fee: $500 [amount] Draw Fees: $195 [amount] Appraisal: RicherValues [BPO, Appraisal, or Rich TermMaturity: 6; 9; 12 mos rehab; bridge; new construction [months] 2 3 month extensions: 2 3 mo ext; 100bps fee [yes/no] Loan ParametersLTC: 86.67%, 77.5%, 85% rehab, bridge, nc [percent] LTV: 72.5%, 77.5%, 72.5% rehab, bridge, nc [percent] Requested Loan amount: ($100k-2.5M) [amount]