Allstar Construction Loans Builder Application Form

Builder
Borrower(s)
Property
Builder understands and acknowledges the following:

A 2/10 Warranty is required once construction is completed.Builders Risk is required after construction loan has funded and before first drawAllstar Construction Loans as a loss payee.Draws will take 48 hours to process and wire, depending on the day/time drawrequest is received.A foundation inspection is required before first draw.All change orders must be approved if not included in cost breakdown.
Signature

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Date

MonthDayYear

Date

MonthDayYear
Builder
Allstar Construction Loans underwrites the general contractor and the specific project to be constructed. Once this is completed on the contractor and is approved, we will add them to the builder list. As necessary, we will request documentation to keep the records current.
Documents Required:

Fully executed builder application (form attached)Company history and/or summary of owner's background and experience (resume)Signed authorization to release informationSigned 4506-T2 years corporate tax returns (if no corporate returns exist, please provide personal returns forprevious 2 years)Contractor Trustee/Attorney - Name, address, & phone numberA business or personal credit report will be pulled

Application Information
Date

MonthDayYear
Company Name
Contact Name / Title
DOB

MonthDayYear
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Phone Number
Fax
Tax ID#
SS#
Please select an option:

CorporationPartnershipSole Proprietor
Company History
Total number of years in residential construction:
Year company was formed:
Total number of homes built per year:
Total number of renovations per year:
Average price-range of home constructed:
Average price-range of renovation projects:
How many homes did the above company build during the past 12 months?
How many Renovations?
Legal
Are there any outstanding liens against this company (mechanics, tax, etc.)? (Please select an option)

YesNo
If yes, please explain
Is there any pending litigation? (Please select an option)

YesNo
If yes, please explain
Financial (Lender References)
Bank Name
Contact
Name / Title
Phone Number
Account

Date

MonthDayYear
TO WHOM IT MAY CONCERN
I have a pending contract to construct/renovate a home on which Allstar Construction Loans is providing the financing for my customer. Part of the approval process involves verifying information I have furnished to Allstar Construction Loans. I authorize you to provide to Allstar Construction Loans any and all information that they request. A copy, including FAXED copy, may be accepted as an original. I hereby authorize Allstar Construction Loans to pull my personal/business credit report. I further authorize Allstar Construction Loans to obtain background information about me from a third-party reporting agency. Your prompt reply to Allstar Construction Loans is appreciated.
Business Name
Contact Name
Title
Signature

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Step 1: Complete the Form 4506-C IVES Request for Transcript of Tax Return (https://www.irs.gov/pub/irs-pdf/f4506c.pdf), and save it on your desktop.
Step 2: Upload the completed form 4506-C below

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Thank you for taking the time to complete the Construction Application in order to apply to become an approved builder with Allstar Construction Loans. Please allow 48 hours for the process to be completed.

Once all pages are complete, email the application to cmason@allstarconstructionloans.com along with the other required documents that are listed on the application.

We look forward to receiving your information. Please do not hesitate to call if you have questions or concerns.
ADDITIONAL COMMENTS
Should be Empty:

TO WHOM IT MAY CONCERN