Short Term Bridge/ Rehab Loan Form
Please ensure you make your choices correctly, we will evaluate them and contact you soon.
First Name:
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Last Name:
*
E-mail
*
Cell Phone #:
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US Citizen?
*
yes
No
Convicted of a Felony
yes
no
Other
Company Name
*
Who makes up the entity and what are their percentages of ownership?
*
Borrowers fico scores (Please list all borrowers scores):
*
Property Address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Exact property type(Ex: SFR, 2-unit, 7-unit):
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Purchase Price
*
PLEASE ONLY FILL THIS IN IF THIS IS A PURCHASE TRANSACTION
Rehab Cost
*
How long will the property take to rehab?
ARV (After Repair Value) of property
*
Is the borrower already in a purchase and sales contract?
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yes
no
If in purchase and sales contract, has any earnest money been put down?
yes
no
Other
Is this property vacant or occupied?
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Vacant
Occupied
Other
Is the borrower buying this property from a wholesaler?
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yes
no
Other
Exit Strategy on Loan
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Sell
Refinance
Will this property be turned into a different property type? (Ex, will a bedroom, bathroom, a floor, or more square footage be added to the property?)
When does the borrower need to close
Is there an HOA wherethis property is located
yes
no
If so what is it and when is it paid?
Monthly
Quarterly
Annually
Other
How much money does borrower have to put into the project
*
Must have 20-35% (depending on property type) of purchase price plus closing costs) PLEASE PUT IN A DOLLAR AMOUNT BORROWER HAS, NOT A PERCENTAGE. We will ask for a bank statement to verify these funds.
How many Rehabs has the borrower done in the past 3 years?
*
Does the borrower rent or own?
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rent
own
Other
Has the borrower ever had any mortgage lates?
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yes
no
Other
Does the borrower have any IRS issues/liens, tax liens, judgments, past bankruptcies,past chapter filings, past foreclosures, past home modifications, recent orpending lawsuits against them?
*
yes
no
If Yes Please Explain and List Date
Is the borrower already working with another broker or lender?
*
if yes name of the lender
Submit Form
Should be Empty: