Quick Term Questions

Borrower's Full Legal Name

First NameLast Name

Phone Number

Please enter a valid phone number.Format: (000) 000-0000.

Borrower's Email

example@example.com

Subject Property Address

Street Address

Street Address Line 2

CityState

Zip Code

Will this be a cash out refinance, rate and term refi, purchase or New Construction?

What type of loan are you looking for?

What is the property type? (pick one)

What is the Purchase price?

i.e. $125,000.00

What is the "AS-Is" current value?

i.e. $125,000.00

What is the estimated rehabbed "AMOUNT" needed to be invested in this project? (The scope of work "Amount")

i.e. $125,000.00

What is the ARV "After Repair Value" of this project?

i.e. $125,000.00

What is the number of competed investment projects in the last 36 months? (flips rehabbed and sold OR rehabbed and Refinanced)

i.e. 3

What is the Estimated Fico Score of the Borrower?

What is the estimated Liquidity or Cash on Hand that borrower can currently show?

i.e $37,600

Citizenship

What is the length of loan term are you looking for?

Other

What is the Estimated Closing Date?

Date

What was the date of acquisition/purchased?

Date

Is this projected already under contact?

i.e. YES or NO

What is the lot size or acreage?

i.e. 1.5 acres

What was the purchase price of the property?

Ex. $100,000.00

Was there a rehab completed on the property? If so, how much was spent on rehab?

i.e. . Yes $35,000

What is the subject property's monthly income?

Ex. $3400 every month est. MARKET RENT

What is the estimated square footage of the property?

i.e. 1600

What are the annual estimated property taxes?

Ex. $4800

How much is the annual estimated HOI Home Ownership Insurance?

Ex. $4800

Any HOA dues on this property? if so the amount?

i.e. yes 40 a month or 1200 annual

Are there current tenants in place?

Ex. Yes one family

Is this a long term or short term rental?

Other

Do you have any mortgage lates on ANY properties that you own in last 12 months?

All DSCR Loans come with a 0-5 yr PPP. 3 years is standard. *All DSCR loans come with 0-5 year prepayment penalties. 3 Years is standard.**Longer prepayment penalty term achieves the lowest rate. Shorter prepayment term makes the interest rate higher. Please specify your PPP choice.

i.e. 3 year

How do you want it to be titled? In an entity (LLC) or personal name?

i.e. MY LLC Main Street RE LLC

Do you currently rent or own your primary home?

Other

What is the new construction budget needed?

i.e. $150,000.00

What is the estimated "After Repair Value" of the new construction?

i.e. $150,000.00

What is your intention with the land?

Other

Do you currently own the land?

Number of competed Ground Up new construction projects have you completed in the last 36 months? (must verify with documentation)

i.e. . 2 New Construction competed

Number of competed Heavy Rehab projects you have completed in the last 36 months? (must verify with documentation)

i.e. . 1 heavy rehab

How is the down payment currently sourced in?

Other

What is the estimated "As-Is" Value of the lot?

Ex. $100,000.00

How much do you currently owe / balance on the lot?

Ex. $100,000.00

Is the lien a hard money loan we are paying off?

Other

Is the property currently titled using an entity or in personal name?

Ex. Entity - Main Street LLC

Do you have any possible tax liens, bankruptcy, or foreclosure in last 24 months?

Who referred you to Mustang Funding Solutions?

Ex. Mick

Notes of any extra information to the offer: