Loan Application

Please complete all required fields. You must have a property under contract in order to submit a loan application. If you need to come back later, click "Save" at the bottom.
Before you proceed with this loan application, please review How It Works: REIA Hard Money Loan Guide, which explains our entire loan process.
By selecting the option below and submitting this form, you confirm that you have read, understood, and agree to the terms outlined in the document.
Name

First NameLast Name
Email
example@example.com
Phone
Please enter the best # to reach you
What is the name of the LLC you intend to take title in?
LLC Mailing Address:
LLC Street Address
City
State
Zip Code
If your LLC has another member who will be signing the loan documents along with you, enter their name here:

First NameLast Name
Do we already have documentation for this LLC on file?
Is your LLC single member, or do you have one or more partners?
LLC Mailing Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Upload your LLC Articles of Incorporation here.

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Upload your LLC Operating Agreement here.

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What is an LLC Operating Agreement? An operating agreement is a document that outlines the ownership and operating procedures of your LLC, including ownership percentages and member responsibilities. If you don't have one yet, here is a sample single-member operating agreement as a reference. If you have any uncertainties or require personalized advice regarding your LLC Operating Agreement, we strongly recommend consulting with a qualified legal professional.

Single Member LLC Operating Agreement TEMPLATE
Upload your LLC EIN letter from the IRS here.

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Please list any other LLCs you have that own properties. The more properties you own, the more credible you are as a borrower and the more likely we can give you better rates.
Property & Contract Information
Property Address:
Property Street Address
City
State
Zip Code
Property County
Property Address

Street Address

Street Address Line 2

CityState

Zip Code
Is the property under contract?
Upload a copy of your purchase contract here, along with any amendments, if applicable.

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You must have the property under contract

in order to proceed with a loan application
What is your anticipated closing date?

MonthDayYear
Date
What is the purchase price for the property?
Enter the exact dollar amount.
Estimated total cost of repairs needed?
If not making any repairs, enter "0" as your response.
Are you requesting repair funds as part of this loan?
What is the total amount you are requesting REIA Hard Money to fund for this deal?
Enter the exact dollar amount.
What type of purchase is this?

Other
What type of property is this?
Does the property have a full basement?
If yes, is the basement currently finished?
Does the property have a garage?
If yes, is the garage
What is the approximate age of the roof? Do you plan to repair or replace the roof?
Is the siding material currently in good condition? Do you plan to repair or replace the siding?
Is there known moisture in the basement or any other foundation issues to be addressed? Does the basement have drain tile?
Is the property currently occupied?
Have you already ordered title? Please note that it is your responsibility to order title for this transaction.
Which REIA do you belong to?
Will you be closing with Prism Title?
Will you be closing with Town n' Country Title (Appleton)?
Please give us name, phone, and email for your title company representative. Include the name of the title company if not selected above.
Project Plan
What is your exit strategy?

Other (Cross Collateralization, Collateral Based, Bridge, etc.)
What is the estimated total monthly rental income after repairs?
Tell Us Your Plan

The more information we have, the more quickly we can process your loan application.

Tell us about the property (current condition, # of bedrooms and bathrooms, etc.), and tell us your improvement plans.
- Will you be doing any permitted work?
- Will you be making any major changes such as adding bedroom(s) or bathroom(s), finishing basement or attic, building a garage, etc?
- Does the foundation need repair?
- Has the well/septic systems been inspected or tested? (if applicable)
- Include a list of major items that will be repaired or replaced (e.g. roof, windows, drywall, kitchen, bathrooms, HVAC, etc.)
- How do you plan to address any damage shown in photos/videos?
For any repair item of $2,500+, please share additional information within the scope of work.

If you plan to refinance and hold this property as a rental, please provide us with the estimated monthly rent based on your analysis of the property and neighborhood.
Does the property have a well? If yes, we may need additional information or testing reports.
Does the property have a septic system? If yes, we may need additional information or testing reports.
Briefly describe your scope of work for this project.
Upload a copy of your Repair Estimate Form, or a detailed Scope of Work. ***PLEASE NOTE: This should correspond with the estimated total cost of repairs entered above.

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Need a blank Repair Estimate Form?

Click here for a Google Sheet Template

Click here for a pdf version
What is your projected After Repair Value (ARV) for this property?
If not making repairs, enter the As-Is value.
If you have any documentation supporting your ARV (comps, BPO, etc.) please attach here.

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After renovations are completed:
How many bedrooms will the property have?
How many bathrooms will the property have?
What will the finished square footage be?
Property Documentation Guidelines

You must follow these guidelines in order to submit your loan application.

Borrower Property Documentation Guidelines

We strongly prefer video walkthroughs, supported by pictures of key items.
Failure to follow these guidelines may result in your loan being delayed or denied.
Have you followed the guidelines and shared a Google Drive link to photos@reiahardmoney.com? Instructions on how to create and share a Google Drive link can be found in the guidelines.
You must follow the guidelines in order to proceed with a loan application
If we need to conduct a site visit as part of the loan underwriting process, then would we be able to get access to the property? We will be in contact if access is needed to confirm timing that works for all parties.
Current Liquidity

Tell us about your total available cash and credit for funding this project, outside of this loan. We do not require a credit check or income verification, but we would like to know how you will be funding expenses for this deal. We are requesting this information to verify that sufficient liquidity is in place to support the successful undertaking of this project. Please note that we will reach out if we require any additional information or have further questions.
Total Bank Account Balance(s)
Checking, savings, and money market accounts.
Available Personal/Business Credit
Lines of credit and credit cards with cash advance availability
Other Funds / Credit Available
Brokerage accounts or any other qualifying liquid assets
What is your estimated credit score?
If possible, upload a screenshot of your credit score.
Please upload documents or screenshots supporting each answer above.

Examples include bank statements or screenshots from your online accounts showing available balance or credit. You may block out personal information like account numbers or social security numbers.
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One Last Question
Is there anything else you think we should know?
Everything filled in? Great! Click "Submit" to send us your application! Please allow up to five business days for our team to review your application and issue you a loan commitment.

Not quite done? That's okay! Click "Save" to come back later.
Should be Empty:

LLC Mailing Address:

Property & Contract Information

Property Address:

Project Plan

Current Liquidity

One Last Question