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Eric Lovett Non-QM Quiz
1
Are you a first-time real estate investor?
*
This field is required.
YES
NO
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2
What is the purpose of the loan?
*
This field is required.
Purchase
Rehab
Purchase & Rehab
Construction
Refinance (Rate & Term)
Refinance (Cash-out)
Other / Not Sure
Purchase
Rehab
Purchase & Rehab
Construction
Refinance (Rate & Term)
Refinance (Cash-out)
Other / Not Sure
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3
Do you already have a contract for the property to purchase it?
*
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YES
NO
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4
Do you have at least one year of experience & have completed a similar construction project or major rehab?
*
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YES
NO
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5
What down payment amount do you have available?
Most purchase and/or construction loans require a minimum of 10% down but usually 20-30%
30% or more
20-30%
10-20%
Less than 10%
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6
What amount do you want to borrow?
*
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Minimum loan size is $100,000
Over $10M
$1M-$10M
$800,000-$1,000,000
$600,000-$799,000
$400,000-$600,000
$250,000-$400,000
$100,000-$249,000
Less than $99,000
Over $10M
$1M-$10M
$800,000-$1,000,000
$600,000-$799,000
$400,000-$600,000
$250,000-$400,000
$100,000-$249,000
Less than $99,000
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7
What amount do you want to borrow? *
*
This field is required.
Minimum loan size is $75,000
Over $10M
$1M-$10M
$800,000-$1,000,000
$600,000-$799,000
$400,000-$600,000
$250,000-$400,000
$75,000-$249,000
Less than $75,000
Over $10M
$1M-$10M
$800,000-$1,000,000
$600,000-$799,000
$400,000-$600,000
$250,000-$400,000
$75,000-$249,000
Less than $75,000
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8
What type of property?
*
This field is required.
Residential 1-4 Unit
Residential 5-8 Units
Residential 9+ Units
Commercial / Mixed Use
Land Only
New Build (Ground Up)
Mid-Construction
Mobile Home / Manufactured Unit(s)
Mobile Home Park
No Property Yet
Other / Not Sure
Residential 1-4 Unit
Residential 5-8 Units
Residential 9+ Units
Commercial / Mixed Use
Land Only
New Build (Ground Up)
Mid-Construction
Mobile Home / Manufactured Unit(s)
Mobile Home Park
No Property Yet
Other / Not Sure
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9
Do you have the property identified or currently own it?
*
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YES
NO
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10
Is this property residential owner-occupied?
*
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** Commercial / business occupied = NO
YES
NO
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11
What zip code (or State & County) is the property located in?
*
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12
What is your preferred loan term?
*
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30 Year Fixed
30 Year Adjustable
36 Months or Less
Unsure
30 Year Fixed
30 Year Adjustable
36 Months or Less
Unsure
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13
What is your exit strategy or project summary?
*
This field is required.
Sell Property
Hold / Rent
BRRRR
Pay With Cash
Refinance
Not Sure / Doesn't Apply
Sell Property
Hold / Rent
BRRRR
Pay With Cash
Refinance
Not Sure / Doesn't Apply
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14
What is your estimated credit score?
*
This field is required.
Minimum FICO is 640
740+
700-739
680-699
660-679
640-659
639 or less
740+
700-739
680-699
660-679
640-659
639 or less
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15
Your first name
*
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16
Your last name
*
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17
Your best email address
*
This field is required.
example@example.com
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18
Your best mobile phone number
*
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19
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20
Please verify that you are human
*
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