Term Sheet

1
Type of Loan* This field is required.
Please Select
Please Select
Fix and Flip Loan
Multi Family Refinance
Ground Up Constructions - New Construction
Wholesaling - Double Close/Transactional Funding
2
Is property under contract?* This field is required.Answer NO if not applicable
YESNO
3
Do you have an End Buyer in Contract?* This field is required.Answer NO if not applicable
YESNO
4
Closing Date* This field is required.Enter estimated close of escrow or project completion date.
5
Subject Property* This field is required.Enter Project's Property Address
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Please Select
Please Select
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
United States
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
6
Project Information* This field is required.
Purchase Price
Estimated Rehab Budget
ARV
Please Select
Please Select
SFR
Condo
PUD
1-4 Units
5+ units
SFR in Rural Area
Commercial
Property Type
7
Changing Bed/Bath/SF* This field is required.
YESNO
8
Work Summary and Provide Exit Strategy* This field is required. Provide a brief summary below and Use this Scope of Work Template for the full breakdown (SAVE a COPY and Edit)
-Monthly rent estimate (if refi or flexible exit) 
-If re-fi, pay-off? 
-Are they current on the pay-off? 

Huge
Large
Normal
Small
Ok
Ok
9
Do you need Gap Funding* This field is required.FYI - Most lenders/investors does not allow 2nd lien on the property
YESNO
10
Liquid Assets Available* This field is required.Checking, Savings, Mutual Funds, 401k
Total Assets
Checking
Savings
Mutual Funds
IRA/Annuities
Stocks
401K
Type of Account
11
Source of Down Payment* This field is required.
Gap Funding
Business/Personal Asset
Cross Collateral
Line of Credit
Other
Gap (PML) - Note: Some lenders do not allow 2nd lien
12
Guarantor/Borrower Name* This field is required.Guarantor/Borrower may be required to have majority shares of the company.
First Name
Last Name
13
Guarantor/Borrower Information* This field is required.Guarantor/Borrower may be required to have majority shares of the company.
Please enter your phone
Please enter your email
Please Select
Please Select
US Citizen
Permanent Resident
Non-Permanent Resident
Foreign National Residing Outside US
Residency Status
Please Select
Please Select
Married
Unmarried (single)
Separated
Marital Status (Will only be used to determine state requirements)
14
Gurantor/Borrower Address* This field is required.
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Please Select
Please Select
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
United States
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
15
Escrow/Title InformationClick NEXT if not applicable.
Escrow/Title Company
Escrow/Title Contact Name
Escrow Title Contact Number
Escrow Title Email
16
Business Information* This field is required.
Entity Name
Please Select
Please Select
LLC
Limited Partnership
Corporation
Other
Entity Type
State of Incorporation
EIN
17
Borrower/Guarantor Information* This field is required.Required to complete a soft pull of your credit.
Social Security Number
Date of Birth
Estimated Fico Score
Occupation
18
Is there a Co-Borrower/Additional Guarantor?* This field is required.
YESNO
19
Other Guarantor/Co-Borrower's Name* This field is required.Enter additional guarantor's information
First Name
Last Name
20
Other Guarantor/Co-Borrower's Information* This field is required.
Please enter your phone
Please enter your email
Please enter Social Security Number
Enter Date of Birth
Estimated FICO
Occupation
21
Other Guarantor/Co-Borrower's Address* This field is required.
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Please Select
Please Select
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
United States
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
22
Number of completed Flips in the past 3 years* This field is required.
23
Investor Experience
How many fix/flips (or holds with rehab) in past 3 years?
How many lifetime?
Please Select
Please Select
Yes
No
Is the borrower/guarantor a licensed realtor?
24
Enter the addresses to verify completed projects in the past 5 yearsA new construction exit is defined as a new construction property sold for at least $150,000 within 60 months preceding application submit date, acquired no greater than 36 months prior to sale. These should be properties where you appear on title. Please keep in mind we will verify this experience during underwriting. Infill & New construction project types may be any one of the following: A vacant lot w/ ground-up development An addition to existing improvements with an increase of gross living area greater than 100% of the existing square footage Structural replacement of the roof and more than one exterior wall while retaining existing foundation Structural replacement of the roof and all interior framing
Enter Complete Address
Enter Complete Address
Enter Complete Address
Enter Complete Address
25
Enter Additional Addresses here. *Experienced Fix and Flippers (12+ flips in last 3 years) may be eligible
Enter Complete Address
Enter Complete Address
Enter Complete Address
Enter Complete Address
26
Enter Completed Project Addresses in the past 3 years
Enter Complete Address
Enter Complete Address
Enter Complete Address
Enter Complete Address
27
Upload your Documents* This field is required.MyScoreIQ Credit Score(Optional), Purchase Contract, Scope of Work, Driver's License, Operating Agreement, Articles of Incorporation
Drag and drop files here
Select files to upload
Max. file size: 10.6MB
Cancelof
28
Upload Documents* This field is required.Driver's License, Operating Agreement, Articles of Incorporation/Formation, Certificate of Good Standing, Plans and Specs, Renovation Budget, Scope of Work Template.
Drag and drop files here
Select files to upload
Max. file size: 10.6MB
Cancelof
29
Transaction Information
Loan Amount Requested
Please Select
Please Select
Rate and Term
Cash Out Refinance
Please Select Purpose
Current Mortgage Balance 1st Lien
Current Interest Rate
Current Mortgage Balance 2nd Lien
Current Interest Rate
Current Mortgage Holder 1st Lien
Current Mortgage Holder 2nd Lien
30
Subject Property Information
Estimated Value
Loan to Value Requested
Square Feet of Building
Number of Buildings
Original Purchase Price
Purchase Date
Date of Last Refinance
Reason for Last Refinance
31
Subject Property Additional Information
Please Select
Please Select
Multifamily
Mixed Use
Office Building
Retail Building
Select Property Type
Please Select
Please Select
Attached
Detached
Attached or Detached
Number of Units
Number of On-site parking spaces
32
Provide other important detailsProvide helpful information of your deal. Anything else we should know about? - Rural Area? Is there a wholesaler? what is the wholesale price? - Condo Conversion? is the guarantor a foreign national? if yes, 2 Fico available? State of Residence? if subject property is different from from LLC state, do you have a foreign entity registered?
Huge
Large
Normal
Small
Ok
Ok
33
For Refinance - Upload Documents* This field is required.Driver's License, Operating Agreement, Articles of Incorporation/Formation, Certificate of Good Standing, Mortgage Statements
Drag and drop files here
Select files to upload
Max. file size: 10.6MB
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34
* This field is required.
35
Please verify that you are human* This field is required.
Should be Empty: