*Use N/A for anything that you can't answer
What is your role? (Borrower, Broker, Developer, Investor, or Business Owner)? *
Timeline to Close (In weeks/months, or specific date)?*
What is the requested loan amount? *
What type of loan are you seeking? *
Is this a commercial or residential property? *
What is the address of the target property? *
Deal Description (Provide a brief summary of the project and financing needs.)
Current property status (under contract, already owned, foreclosure situation) Is the property under contract? If yes, when did it go under contract?
*
What is the purchase price? *
What is the approximate appraised value of the target property now? *
What is the intended use? (fix & flip, rental hold, refinance, repositioning)*
Describe the use of funds. (purchased, refinance, cash out, R&M, or sale-leaseback)*
First or second position request?*
When do you need to close? (Timeline/urgency (why speed matters for this deal)
*
What is the exit strategy? (sale, refinance to conventional, lease-up then refi)*
Existing liens or mortgages on the property (especially critical for second position loans) (Balance and monthly payment) *
Current deal status? (Under contract, LOI signed, in due diligence, exploring options)*
How much equity do you have ready to deploy for this loan? *
If DSCR loan what is the monthly rent roll and NOI?
Desired LTV? (65% - 95% is our normal range case by case. Rehab Financing: Up to 100% of the renovation costs).
