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Ground-Up Loan
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*Borrowers First Name
Borrowers Last Name
*Phone Number
*Email
Is borrower a U.S. citizen?
Yes
No
*Are the Buyer and seller related by blood or marriage on this transaction? If yes, please explain.
Yes
No
If yes, please explain.
*Has the borrower(s) ever been convicted of a felony?
Yes
No
If so, what date did it occur and what was the name of the exact charge?
Company name the borrower(s) is closing in (must close in a corporate entity):
What name is the property currently titled in (company or personal name), if applicable?
*Who makes up the entity and what are their percentages of ownership?
*Address of Property (if just a plot, please list city and state)
*Address 2 of Property (if just a plot, please list city and state)
City
State
--- Select ---
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District Of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Zip
*Exact property type that will be built (Ex: SFR, 2-unit, 7-unit):
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*Will the property being built be considered a mobile or manufactured home in any way?
Yes
No
If yes, please specify in detail.
*Will this property be zoned commercial or residential?
Commercial
Residential
*What will the square footage of the property being built be?
*How many acres make up this land?
Purchase Price of land (if applicable)
PLEASE ONLY FILL THIS IN IF THIS IS A PURCHASE TRANSACTION)
*Is the borrower already in a purchase and sales contract?
yes
no
What is special about your deal?
When does the borrower need to close?
If you already own the land what is it currently worth?
If you already own the land when did you purchase it and for how much?
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If you already own the land how much debt is on the land?
If the land is already owned free and clear, how liquid is the borrower (s) (we need to calculate your reserves and closing costs):
Are there already approved plans and permits on the land (we will need a copy)?
Please upload a copy of the documents
doc docx mpg mpeg mp3 mp4 odt odp ods pdf ppt pptx txt xls xlsx
Construction Cost:
*What will the property be worth once it is fully built?
*How much money can the borrower(s) dedicate to this project?
*What is the borrowers net worth?
*What is the loan amount requested?
*Exit Strategy on Loan (Refinance or Sell):
*How long will the property take to construct?
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How long will the property take to sell (if applicable?)
*Will this property be owner occupied or an investment property when it is constructed?
Owner occupied
Investment property
*If Investment, will this property be a triple net lease property?
Yes
No
Borrowers experience running this type of business (if owner occupied)?
Yes
No
*Is the borrower already producing income in this business line or is this a start up?
Yes
No, this is a start up
*Borrowers fico scores? (Please list all scores)
How many construction projects have the borrowers-built ground up and SOLD in the past 24 months (can you prove this with Hud-1’s or settlement statements in your company name or personal name)?
*How many construction projects has the borrower-built ground up and SOLD since 2012?
*Can the borrower(s) prove they have bought and sold properties with Hud-1’s or settlement statements in their company name or personal name?
Yes
No
How many investment/rental properties does the borrower currently own, that are currently leased out (They must be rented with an actual leased tenant)?
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Borrowers Home Address
Borrowers Home Address 2
City
State
--- Select ---
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District Of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Zip
*Does the borrower rent or own?
Own
Rent
Please list monthly payment.
Do the borrowers own any other investment properties?
Yes
No
If so, how many?
Does the borrower(s) have any IRS issues/liens, Tax liens, judgments, past bankruptcies, past chapter filings, past foreclosures, past home modifications, recent or pending lawsuits against them, current delinquent bills, or any current or past credit issues we need to know about? If so, please explain and list date:
Has the borrower(s) ever had any mortgage lates?
Yes
No
If so when?
Does the borrower(s) regularly file taxes with the IRS?
Yes
No
If not, what years were not filed?
What rates and terms are the borrower expecting?
*Is the borrower already working with another broker or lender?
Yes
No
*What is special about your deal?
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