PREMINARY LIST of DOCUMENTS For LOAN APPLICATION
**Be prepared to supply the following documentation when contacted**
- Corporate Info:
- Corporate filing docs
- Operating Agreement
- Past real estate experience/resume
- Proof of Funds for down payment
- Purchase and Sale Contract of subject property
- CMA/BPO from a licensed Realtor
- BPO As-Is
- BPO with After Repair Value (ARV)
- Preliminary clean title report
- Existing loan/mortgage document (if refinance)
- Detailed scope of work (on Excel spreadsheet)
- Contractor Name, License#
- Proof of Insurance (builders risk)
- Borrower/Guarantor credit & background check authorization form signed
By filling out this form, authorization is hereby given to the Facilitator/Lender to verify in any manner it deems appropriate all info you provide in this form.
THIS IS A PRELIMINARY SUMMARY FOR A COMMERCIAL LOAN. THERE IS NO ASSURANCE THAT WE WILL ACCEPT THE TRANSACTION FOR FURTHER PROCESSING.
*NOTICE: This is not a commitment to lend or a guarantee for financing or loan approval on any loan.