Fix & Flip/New Construction/Bridge Loan Application

Fix&Flip/New Construction/Bridge Loan Application
Manager/Owner/Business Name*

First NameLast Name
Manager/Owner/Business (Subject Property)Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Manager/Owner/Business Email*
example@example.com
Manager/Owner/Business Phone*
Please enter a valid phone number.
Deal Type*
Year Built
Site Sq Ft/Acreage*
Is this property under contract?*
Do you plan to live in this properties?*
Do you own this property?*
Deal Information/Money
Requested Loan Amount $*
Purchase/Initial Investment Price $*
Estimated As-Is Price $*
Rehab/Repair Cost (Attached Breakdown) $*
Total Cash Brought To Closing $*
Estimated After Repair Value (ARV) $*
Proposed LTV $*
Use of Funds/Scope of Work*
Additional Collateral that this Property will be attached with?

If you are not attaching any Collateral, then select No from the following question.
Additional Collateral*
Additional Collateral Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Asset Type SFH/Muti*
Are There Any Mortgages Or Liens*
Current Market Value ?*
Do You Own This Property ?*
Are there any outstanding judgements against you?*
Have you declared bankrupt in the past 7 years?*
Have you had a property foreclosed upon or given title or deed in lieu thereof in the last 7 years?*
Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of?*
Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan?*
Personal Financial Statement
Cash - Checking*
Cash - Savings*
Securities*
Notes Receivable*
Life Insurance Cash Surrender Value*
Retirement Funds*
Total Assets*
Liabilities
Current Debt*
Notes Payable*
Taxes Payable*
Real Estate Mortgages *
Other Liabilities *
Total Liabilities*
Net Worth*
Source of Income
Employment Information*
Salary*
Bonus & Commissions*
Real Estate Income*
Other Income*
TOTAL Income*
Documents To Be Submitted With This Application

Documents To Be Submitted With This Application
Please submit the following documentation along with this application. If you have other documentation not listed here, please feel free to submit that as well.
- 3 Months Most Recent Bank Statements
- Contract- Renovation/Construction Budget
- HUDs
- Previous Deal Track Record Spreadsheet
- Driver’s License
File Upload

Note: Only *.doc, .docx, .pdf, .csv, .xls, .xlsx, .png, .jpg, .jpeg will be accepted
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Application Terms of Service * I Agree, michaels-money.com and its affiliates relies on your personal credit information and background information in order to determine if you are eligible for our loan programs. By marking “I Agree” below, you are acknowledging that michaels-money.com's affiliates will make a hard inquiry with the credit bureaus.If your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please contact michael@michaels-money.com within 60 days from the date you are notified of our decision. We will send you a written statement of reasons for the denial within 30 days of receiving your request for the statement.Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is FTC Regional Office for region in which the creditor operates or Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
Please verify that you are human*
Should be Empty:

Fix&Flip/New Construction/Bridge Loan Application

Deal Information/Money

Additional Collateral that this Property will be attached with?

Personal Financial Statement

Liabilities

Source of Income